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Entrepreneur

Relying on your business to help fund retirement? Start preparing for your exit now

November 22, 2016 By BMN

Over half of Australian SME owners under 50 haven’t done any retirement planning and experts say that they are leaving it too late to prepare their businesses for sale. The latest instalment of MYOB’s SME Snapshot highlighted that one third of surveyed small business owners are not contributing to their superannuation and while 44% believe they will need $1 million for a comfortable retirement, more than half have little belief they’ll get there. Read the full article here: http://www.smartcompany.com.au/finance/75466-relying-business-help-fund-retirement-start-preparing-exit-now/

This article was suggested by our mentor Bob Joubert

3 trends family businesses should watch

November 1, 2016 By BMN

As the Baby Boomer generation moves into their retirement years, Australian family businesses are facing the largest intergenerational transfer of wealth and leadership in history. The following article gives some suggestions on how to prepare for succession: http://intheblack.com/articles/2015/11/05/3-trends-family-businesses-should-watch

This article was suggested by our mentor Julie Piper

6 key drivers of small business growth in the Asia-Pacific

September 27, 2016 By BMN

Survey data recently released by CPA Australia shows that small businesses across the Asia-Pacific that focus on innovation, e-commerce and exporting are significantly more likely to be growing and creating jobs than small businesses that are not. Read the key survey findings here: http://intheblack.com/articles/2016/05/01/6-key-drivers-of-small-business-growth-in-the-asia-pacific

This article was suggested by our mentor Julie Piper

Three things every small business should consider when choosing the right structure

September 13, 2016 By BMN

Whether you’re starting out, looking to protect your assets or simply revising your structure for expansion, choosing the right business structure is critical to building a solid foundation for a successful company. The following article gives some tips: http://www.smartcompany.com.au/sponsored/articles/66186-3-things-every-small-business-should-consider-when-choosing-the-right-structure/

This article was suggested by our mentor Julie Piper

The best partnership agreements start at the end

August 16, 2016 By BMN

In all the excitement of starting a new business, sometimes the structure of the business itself can become secondary to the rush to create the product or service. The following article provides some good advice to anyone looking to create a business venture with other people: http://nzbusiness.co.nz/articles/best-partnership-agreements-start-end

This article was suggested by our mentor Julie Piper

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