The Life cycle of a Business - By Judy Reynolds
Posted 26 Oct '16
Posted 26 Oct '16
The Empire Team would just like to say a big thank you to everyone who attended our first Empire Event – The Life Cycle of a Business with Judy Reynolds.
Our core focus at Empire Accountants is working alongside our clients to grow their business. We do this by providing the best service that we can in our area of expertise and aligning our clients with other business professionals, that can offer their best expertise on the appropriate areas of a business.
Judy Reynolds has been working with Empire since the beginning and we have learnt a lot of valuable information on the many aspects of growing a business, transitioning stages and where to focus energy in each phase.
The Life Cycle of a Business was a great reminder that working from the inside out when it comes to growing your business is crucial to your success. Starting with the WHY we are doing it, working out WHAT it looks like and eventually HOW we implement action is key.
When we know our WHY with conviction and partner that knowledge with understanding each stage of a business from Toddler to Maturity we can best plan how to overcome and prevent the obstacles we are thrown in the day to day dealings of our business operation.
Judy left us with a lot to think about and implement in our businesses. Here are a few of our favourite learnings:
Stay tuned for our next Empire Event where we will bring you the best presenters committed to helping you build your Empire!
If you are already a client, find out more about our quarterly accountability meetings to keep you on track to growing your business here: beth@empireaccountants.com.au
Judy Renolds Opening Gates
For many small business owners, a new car is both a practical business tool and a significant financial commitment. One of the first questions we are often asked is: “Should I buy the car through my company, or should I own it personally?”
With the 2032 Olympics on the horizon and a decade of infrastructure spend rolling into the River City, Brisbane commercial property is
having its moment in the sun. And for business owners, one of the smartest wealth moves on the table is buying your own business
premises
inside your Self-Managed Super Fund (SMSF) – then leasing it back to your business. Rent you’d otherwise pay a landlord ends up building your
retirement nest egg instead. Genuis!
But – and it’s a big but – the rules changed on 10 August 2026. So before we get to the good stuff, let’s clear up exactly what you can and
can’t do now.
For Queensland builders, tradies and construction businesses, QBCC financial compliance is about more than completing another annual form. The financial position of a licensed business can affect its ability to continue operating under its contractor licence and take on work.