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
“So… how much does an SMSF actually cost me?” It’s hands-down the most common question we get from trustees, and the honest answer is: it depends on who you ask – and, crucially, on how they charge you. Let’s cut through the noise and put some real numbers on the table.
Starting a company is an exciting step, but the order in which you register your business and make purchases can affect your GST claims. If you have paid for equipment or start-up expenses personally before your company was incorporated, you may be wondering whether those GST credits are lost.
Starting a business can be equally exciting and daunting. What may have begun as a side hustle can grow into something much bigger - and
eventually, you may reach the point where doing everything yourself is no longer sustainable.
For many small business owners, that next stage of growth brings an important question: should you hire your first employee or engage an
independent contractor?