by McAdam Siemon | Jan 2, 2019 | Business
Debtors and late-payers—the bane of every business owner. No matter how profitable your business is, it won’t survive without good cash flow. If you can’t pay your bills on time, you may end up trading while insolvent. And that’s not just bad business—that’s illegal....
by McAdam Siemon | Dec 26, 2018 | Superannuation
Two things first up: (1) If you want to (or have to) work past the age of 55, you need to read this article; or (2) If you know someone else who that applies to, please forward them this article or a link to it. They’ll thank you for it. There are now ways you can...
by McAdam Siemon | Nov 22, 2018 | Business
Disasters. They happen. In personal lives, and in business. That’s not being negative, that’s being real. Every day disasters affect families and businesses somewhere in the world, but it always seems to happen to someone else, doesn’t it? Touch wood. Then every once...
by McAdam Siemon | Oct 21, 2018 | Business, Management Rights
Looking to put your management rights business on the market? This is rarely a straightforward process. So, in the interests of a smooth, incident-free transition, it’s important to ensure your business is in the right condition for sale. Letting appointments with the...
by McAdam Siemon | Sep 25, 2018 | Business, Management Rights
People are, of course, always looking to get the best deal when purchasing management rights or accommodation businesses. I often get asked, “Is the multiple correct and am I paying too much?” Multipliers are used in conjunction with net profit to determine the value...
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