Many loans exist between family members, such as parents helping their children to buy their first home or siblings helping each other out in emergencies. These types of loans are often informal and rely on the trust and relationship of the family members involved. However, this lack of security can carry damaging consequences for a…
The key to success is remembering that everything is negotiable, and that to get a deal you must ask for one. Many people stop there because negotiating makes them uncomfortable. They view the process as a contest of wills in which power determines outcome, each party seeks to best the other, and the little guy…
If the three most important things in real estate are “location, location, location,” the first three rules of business are “cash, cash, cash.” It is necessary to be profitable, but “profit” is a number that shows up on your accounts at the end of the year; cash is the money you have in the bank.…
Small teams provide many benefits to both employees and employers. In comparison to larger teams, small teams are shown to have higher levels of productivity and effective communication. However, a vital component to the success of these teams relates to the support and coordination provided by management. Ways to maximise your small team’s efforts can…
A transition to retirement (TTR) strategy is ideal for those Australians looking to ease into retirement by slowly reducing their working hours. It is the kind of pre-retirement strategy that allows individuals to continue working while drawing down some of their superannuation benefits at the same time. TTR uses a portion of an individual’s super…
