Risk Mitigation and Asset Protection
Posted 8 Oct '20
Posted 8 Oct '20
The blame game! We all play it, even if we are not the instigator. Fun if you win, but not if you roll the dice and lose. And this is why statistically, Australia is one of the most litigious environments in the world. When you open your mailbox and you find that lovely statement of claims (SOC) stating that they will see you in court, you know someone else wants your hard-earned money!
So, whilst you can spend an eternity building your wealth, brick by brick and piece by piece, no doubt it can all be taken away in an instant. It just takes someone, or something unpredictable to wipe the slate clean – case in point, the coronavirus pandemic and economic crisis.
So now, more than ever, we need to consider the protection of your wealth and assets. To mitigate the event that you ‘lose it all’, we need to consider suitable asset protection strategies so you can continue to reap the benefits of business and leave a legacy like no other.
In this blog, we’ll walk you through the key criteria for qualifying for the FBT exemption, the costs that can be included, how to handle electricity expenses for charging, what you need to know about charging stations, and some common pitfalls to avoid as a business owner.
Easy Automated Sales is a brisbane based software business providing practical solutions for SME's. We sat down with owner, Colin Feguson, to learn more about this product and how it can best help Brisbane small business.
Applications are now open for the Lord Mayor's Women in Business Grants for 2025. Now in it's fourth year, the Lord Mayor's Women in Business Grant has supported the development of more than 250 women-led Brisbane businesses across a range of industries. One of our valued clients, was one of these worthy recipients for the 2024 round and has kindly shared some words of her experience and the benefits she obtained from being a grant recipient.