Four things happen if you don’t pay superannuation on time…none of them good.Being consistently late with super is a sure fire sign your business is in a bit of trouble. Most of the time it’s cash flow that causes it, other times its just poor internal processes. Both of which aren’t making your life any…
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An Employer’s Guide To Stapled Superannuation
You know how it goes, you hire a new employee, send them the super choice form and they leave it blank or don’t return it, so you’re required to set up and contribute to your “default super fund”.But from 1 November 2021 this is changing as part of the Your Future, Your Super legislation. Huzzah!…
The Money Is In The Margins
Business is all about leverage. Leveraging other people’s (employees) time, leveraging other people’s (investors, banks) money, leveraging systems and processes and leveraging assets (property, machines, software etc).And of course hand in hand with leverage is risk. But also reward.The Power of LeverageThink of property. You can buy a house with 10% deposit (in some cases…