Did you know that the federal government has an online service called “Stay Smart Online” to alert internet users of the current security threats we all face? This website is supported by an email service reporting the latest threats caused by out-of-date browser software and programs. Plus details of the latest scams doing the rounds…
Personal risk management is a critical foundation stone of any financial plan. The key personal insurances are: Life insurance. This pays a lump sum benefit when you die. Total and permanent disability insurance (TPD). A lump sum is paid if you meet the policy definition of being totally and permanently disabled. Income protection (IP) insurance….
The main reason people go into business for themselves is quite simple – to have more control. For others, wealth creation is the main focus, although small business also brings with it the higher chance of failure and loss. Is the hard work and extra risk worth it? If you are a small business owner…
To ensure continuity, a succession plan is absolutely essential for every family business. And this is regardless of whether the family runs a global empire, family farm or corner store. History shows that succession is the Achilles Heel of the family business. An international study on family-owned enterprises by PwC found that only 24% of…