A growing business is a good thing. But if your business grows too rapidly and without enough planning, you can find yourself with a common growing pain: not enough space for everyone to work efficiently. With increased orders to fill, or clients to service you may also need to find premises that accommodate bigger production facilities and storage, or … Read More
Growing your investment portfolio with an SMSF
Super and more specifically Self Managed Super Funds are complicated and always changing. At the moment we’re hearing a lot of industry chatter around leveraging super savings to invest or buy property. SMSF borrowing arrangements and investment rules and regulations are complex. Before jumping in, 542 Partners recommend seeking financial, tax and/or legal advice to ensure any investment strategy is … Read More
Everything you need to know about SMSF (including what it stands for)
Self managed superannuation funds or SMSFs are growing in popularity. Some figures have suggested that 31% of Australian retirement savings are held through self managed superannuation funds, out performing industry and/or retail funds. Why self-managed super? There are three main reasons why SMSFs are attractive: More control and flexibility over what you can invest in (including the ability to borrow … Read More