Important advice… Having a sound investment strategy is not only a sensible thing to do, it is a legal obligation of SMSF trustees. The law doesn’t set out exactly what the investment strategy needs to look like, or what it ...
Read More »Is property in SMSF dead
There are some good points made by Richard Wakelin in his recent article in the AFR: before we write the obituary for SMSF property investment, it is worth remembering that the practice has managed to survive since the rules allowing borrowing ...
Read More »So just what’s the big idea anyway?
Ross Greenwood makes some very important points in this recent article. We believe it is vital for inventors and entrepreneurs to seek advice early to avoid many of the pitfalls. SOME people have good ideas. Some people can turn good ...
Read More »5 most common small business mistakes
We see these every day, but it is not difficult to correct these mistakes. The starting list from News Ltd: 1. You don’t charge enough Small Business advisor Andrew Griffiths says this is more common than you’d think. “Many businesses ...
Read More »I’m a start-up junkie too
This article originally from Elite Daily, really sums us up here at OLCC. The first line is something we will use going forward… we are start-up junkies too. I’M A start-up junkie. I love the atmosphere of being able to ...
Read More »Social media 101 for small businesses
Social media used to be relatively easy – open a facebook page and spit out some tweets and away you go. We now have consultant we hire just for this purpose as it can be that important for some businesses. ...
Read More »What’s in a name
I have often explained to clients that there are very few businesses where the main measurement of success is money. The success of the business is usually measured by something else such as number of customers, units sold, regions serviced, ...
Read More »5 Things Angel Investors Should Look for in Startups
This is a very informative article from Drew Hendricks. The title suggests what investors should look for – I would suggest that it is what they DO look for. 1. An All-Star Team Angels are more likely to invest in ...
Read More »Secrets of good leaders and how to steal them for yourself
The Australian Institute of Management CEO Daniel Musson in a recent article, lists six traits of good leaders that you can use. THEY HAVE A VISION — Whether you’re running the local fish and chip shop or a global grocery chain, the main ...
Read More »90% of Small Businesses Fail
The statistics show that 90% of small businesses fail. There are a number of reasons for this but most are summed up by Nikki Durkin when talking about her fashion start-up: “Looking back, when I started 99dresses fresh out of high school ...
Read More »