Build your financial security with OBT Financial Group – Lockyer Valley Business of the Year recipients and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 40 years.
Peter Bridges has a business which sells motor vehicle spare parts for a range of makes and models. The business has grown rapidly beyond Peter’s expectations and management abilities. He feels like he is on a runaway train and is desperate to streamline operations. He… Read More >>
Archives for June 2017
Lower portfolio volatility? It’s in the bank
Most retirees want a steady income and some ability to withstand market volatility. But what should they do when some of their best income shares – banks, for example – are volatile? Domestic bank shares are a key source of income for Australian retirees because… Read More >>
Don’t wait until it’s too late to get real answers from your accountant
Our hearts go out to business owners at this time of year. Not only is there a lot of prep to be done around the financial year-end this year and every year, but it can be an anxious time for some if they’re only getting… Read More >>
Buy/sell agreement to cover your business
What would happen to your business if you or your business partner passed away? If you passed away tomorrow, would your family want to take over your role in the business? What about if you become totally and permanently disabled and can never work again,… Read More >>
Imagine a payment scheme that benefits you and your business
APRA’s needle just popped the housing bubble
It is said that a bubble is just a bull market that you’re not in. A pithy one-liner that neatly captures the fine line between good fundamentals and overvalued assets. One way of looking at this housing bubble is to flip the question on its… Read More >>
Minimum wages will increase 3.3%
Get set for a 3.3% increase to base rates of pay The Fair Work Commission has announced a 3.3% increase to minimum wages following its 2017 Annual Wage Review. The increase will apply to base rates of pay from the first full pay period starting on… Read More >>
BAS changes coming
Australian government announced changes to BAS to operate from 1 July 2017. Business Activity Statements (BAS) are being simplified for small businesses and will only require small businesses to report: GST on Sales GST on Purchases Total Sales The effect is to reduce the number… Read More >>
End of financial year strategies
30 June is fast approaching but there’s still time to consider the strategies available to you to build your wealth. Below are simple tips that could help maximise what you’ve got this financial year. After July 1, consider the following: Have your key financial goals… Read More >>
5 ways to automate your business processes
If there’s one commodity a small business owner needs, it’s time. Luckily, tech is coming to the party. There’s not a single small business owner who would prefer doing data entry over actually working on their business. However, small business owners have spent way too… Read More >>
