The SMSF Association has just released their review of the Australian Taxation Office’s 2016-17 statistical overview of SMSFs. Given the amount of pre-election SMSF negativity it makes a very exciting read. Read the full report here

Please read our March 2019 issue of ‘On The Money’, a quarterly newsletter with content on hot topics for small business owners including the latest marketing techniques and business automation tools, tax planning ideas, the latest apps for business and wealth creation ideas.  ‘On The Money’ March 2019

Please read our December 2018 issue of ‘On The Money’, a quarterly newsletter with content on hot topics for small business owners including the latest marketing techniques and business automation tools, tax planning ideas, the latest apps for business and wealth creation ideas.  Sedley Koschel ‘On The Money’ – December 2018

Last night, I sat down on the couch with my nine year old daughter, Isabella, as we have done after dinner for many years.   This time was different though, because instead of reading a school book or a fairy tale I decided I was going to try and teach her about life. Well I know life means different things to different people. We all have different goals and dreams that we want to achieve. But how could I teach my child about life according to what I have learned over 20 years.   Upon reflection, I thought to myself, isn’t that what I wanted from my mother and father when I was growing up, for them to teach me […]

Please read our inaugural issue of ‘On The Money’, a quarterly newsletter with content on hot topics for small business owners including the latest marketing techniques and business automation tools, tax planning ideas, the latest apps for business and wealth creation ideas.  Sedley Koschel ‘On The Money’ – October 2018

Let’s face it, being an entrepreneur is tough. It’s a risky endeavour, but comes with the dream of big rewards. Below are four tips to be a successful entrepreneur. We can’t guarantee your success, but I can help steer you in the right direction. The rest is up to you!   Cash Flow Without cash flow, your business will not be successful. Entrepreneurs are known to be big dreamers and fall deeply in love with their product or service. However, if there is no market for what you are selling you will not be able to generate enough cash flow for your business to survive. The crucial step in generating income is to sell a product or service that people […]

Life is unexpected, and being prepared for all aspects of isn’t always possible. Ask yourself, if something were to happen to me or to another trustee within my Self-managed super fund (SMSF), would I have the knowledge or understanding to successfully operate this super fund?   Prepare for the Unexpected   Whether this be illness, incapacity, death or any other turn of events, being on top of your self managed super fund as trustees, before this happens, is vital.   Death As a trustee within a SMSF, a thought into where you want your superannuation to go on your death is an important step to get yourself prepared. As this is a long-term plan consisting of numerous people, you must […]