This month in Morris Accounting news…
Nathan’s update and November happenings
Hi Everyone,
Hope you had a win on the cup! It’s mid November and only 5 weeks until Christmas! Don’t forget to book your well deserved end of year breakup and holiday.
How quickly this year has flown, for most of us a bit quicker than usual with the floods at the start of the year still fresh in our minds.
Have you got your summer storm / emergency plans in place? Most of us probably not so get those done. Not only is it best practice but an employer obligation!
Those who haven’t gotten your tax work in yet, what are you waiting for? Most clients are getting good refunds this year whether they are individual or business. Most business refunds due to a lacklusture year of business results.
So a few of us are already looking forward to the new year to give us a new direction for business. Have you thought about your new years business resolutions? Start early and come along to our November business lunch or December evening info night about business numbers – KPIs, what are they and how you can use them to analyse and improve your business!
‘Til next time
Nathan Morris, Director
Upcoming events
Throughout the year Morris Accounting will be running a series of information sharing events for our business and personal clients. Checkout our Eventbrite events page for location and details of upcoming events and bookings, or alternatively contact our office 1300 219 818 or email info@morrisaccounting.com.au to register or for information.
- Wed 16 November – 5.30pm
Business Exit Strategies | Succession Planning and preparing the business for sale
- Wed 23 November – 12noon
Business Power Lunch | KPIs, what are they? And how to use them for planning your business today!
- Wed 21 December – 5.30pm
2011 business review | Looking forward and preparing for the 2012 calendar
Stay tuned for events to be held next year, from Friday onwards, 3rd Wednesday night each month and 2nd wednesday lunch of the month, pencil it in your diaries next year.
What people are saying about our events:
An opportunity to meet and actually talk to a business and accounting specialist. David
Nathan was informative , the information night was instructive and informing. Peter
Nathan is an engaging and knowledgable speaker. Clare
Tonight was great, Nathan is friendly and knowledgable, it expanded our knowledge of tax options and need to know more details about difference of positive and negative gearing. Chris and Lisa
Lots of great food and drinks, so I don’t need to worry about dinner! Tam
Nathan’s presentation was and excellent and he is very knowledgable, I’ve learnt even more about superannuation and excited about utilising it more. Chris
Superannuation – more to it than most know
Superannuation is your investment for your retirement and can be a great way to invest money. Did you know that you can take control of your own superannuation and use it as an effective tax saving and wealth creation tool?A self-managed super fund (SMSF) is just what it says – a super fund that is managed by the people who invest in it. Like other super funds, the assets and money in a self-managed super fund are solely for retirement benefits. It cannot be used to run a business, renovate a house or benefit you before retirement.
Click here to read further
Book in a time to meet with Nathan to discuss how superannuation can really get your tax effective investments growing!
Businesses – you need to know your numbers!
Key Performance Indicators. KPIs. Do you know what they are? Do you know your numbers? Even if you think you know what its all about, come along and find out more about how to make your business better with 2012 around the corner!
KPIs and benchmarking are an integral part of business planning. Why? They are your yardsticks or milestones that you should be checking into to make sure your business is moving in the right direction.
If you dont have these, how do you know where you are going? or how well you are going?
At our November business power lunch you’ll find out more about KPIs in particular:
- simple KPIs that you can test and measure to grow your business
- KPIs to improve efficiency in your business
- KPIS to make managing staff easier
- income and expense KPIs
- cashflow KPIs
- financial KPIs
- and more!
Wed 23 November – 12noon Business Power Lunch | KPIs, what are they? And how to use them for planning your business today!
Or if you can’t make it, book a time with Nathan to go through your numbers if your 2011 tax is already done.
Business Strategy Planning – Exit and succession
As business owners we get all too busy looking after customers, however what happened if you had an accident tomorrow where you couldn’t return to work, or worse still, you died.
The people who matter the most have more than just you to lose. The successful business you’ve setup, business wealth, friendships with business partner, staff now without a job?
This isn’t about Wills and Power of Attorney being in place (have you done that?)
Fact. 1 in 5 (20%) of us will die before the age of 65. So don’t think this is something that can be left until later.
In the meantime, here are things you need to consider, Click here to read further.+
Wed 16 November – 5.30pm Business Exit Strategies | Succession Planning and preparing the business for sale
Have a great month!
Checkout www.morrisaccounting.com.au for more articles and posts
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