Tips in Choosing a Business Advisor

Sara

Regardless of if you are a pro or you’re just starting out with your business, you will always need professional help from someone who can view your business from a different perspective. A professional business advisor is able to guide you in order to keep you moving into the right path. However, knowing when and how you should choose a business advisor for your business is very important. Here is everything you need to know about: When should I hire a business advisor? There are actually a lot of reasons for you to hire one.. If you are planning to achieve a goal in a certain amount of time, a business advisor can help you to develop an effective strategy to reach your goal. Aside from that, you can rest assured that you will be able to submit Here is everything you need to know about: When should I hire a business advisor?

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Risk Vs Reward

Sara

It's likely that one of the riskiest investments you will ever make is opening a business. Of course, you wouldn't do it without careful analysis and proper considerations in place. With all the sacrifices and hard work that go into making a venture work and become profitable, you want to be sure that you stay abreast of current, relevant business information. With all the sacrifices and hard work that go into making a venture work and become profitable, you want to be sure that you stay abreast of current, relevant business information. Of course, you wouldn't do it without careful analysis and proper considerations in place. With all the sacrifices and hard work that go into making a venture work and become profitable, you want to be sure that you stay abreast of current, relevant business information. You want to stay ahead of the curve and reap the rewards. First-time business owners, on a steep learning curve will always need advice.

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How your business can take advantage of tax planning

Sara
Tax planning refers to the practice of organizing your business’s financial affairs with the goal of minimizing the amount of tax that you have to pay. You can’t avoid paying tax, but you can use certain strategies to ensure that your business doesn’t have to shoulder an unnecessary tax burden. Tax planning initiatives are perfectly within the law, and when implemented correctly, they can help your business gain a great competitive advantage. Your tax planning strategy can make or break your business. If you have a good strategy, you will end up with more money which you can reinvest into your business, and this will improve the quality of your products, your cost of production, and your ability to market your products. Tax planning is particularly important if your business has an annual turnover of more than $200 to $250,000. If you want to ensure that you have a good tax plan, contract tax accountants who have lots of expertise and experience on the subject.

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Being Present with Your Strengths

Sara
Like many perfectionists, for many years I chased the ever elusive ‘fix your weaknesses’ story, always putting myself in places where I could work on my weaknesses. Sadly this strategy did not bring me or my employers a whole lot of joy and I eventually got smart enough to avoid choosing the jobs that were too focused in those areas of weakness. At one point I graduated to telling my employer why it would not be a good idea to give me certain tasks… I explained these tasks were not a natural talent and ability for me and they would be wasting their and my time given my capacities in other areas! Of course, most people ignored this, preferring to squash the square peg into the round hole until they created a big mushy mess of misery for them and me. Imagine if Frank Gehry had become a bricklayer instead of the magnificent architect he is?

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10 Ways to Give Your Business Mojo a Boost

Sara
Many successful people come to a stage where they feel tired, unmotivated and missing that energy that made them successful in the first place. Sometimes it is a result of a specific incident, more often it shows up out of the blue - the combination of a thousand small moments that weren't quite what our inner being truly desired! Sound familiar? Here's 10 quick, easy changes you can make that will give your mojo a boost: Do your work differently. Look at it as if you have never done this task before and ask yourself how else could you do this to create a greater possibility? Start in the middle of a project instead of the beginning and see where it leads. (Sometimes the unplanned leads to the greater possibility!!) Re-energise by having fun in your 10 minute breaks. If you can't remember what is fun for you, the first thing to do is make a list of possibilities...

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