About You

Planning the business you want

• Holding down a day job, maybe relying on your partner’s job
• What can I do that’s different or better than anyone else?
• Should I use a Company or a Trust?
• Which Bank can I talk to?
• When do I go out on my own?
• Do I need a trading name?
• Will a business plan help?
• What tech do I need?

Getting past the first three years

• Working seven days
• Connecting with your Partner even though it’s like you never see them
• Have we done the right thing?
• Why would a customer choose us?
• Which loan should I repay first?
• Can we afford a staff member to help?
• Can I find something second-hand that does the job?

Building the business

• Attracting the right staff
• Offering the good staff a reason to stay
• Buying property
• Should I minimise tax or pay off the bank?
• Who is my 80/20 (ideal) customer?
• Should I buy more equipment?
• Do I buy out my opposition?
• Should I buy my own premises?
• How big should I grow?
• Should I pay someone even though I could do it myself?

Marking big, reliable cashflows and investing them

• Staying hungry, but no longer having to chase
• Paying off mortgages as fast as you can
• Catching up the Super you couldn’t put in earlier
• Do I buy another property to retire to one day?
• Recruiting to get some time back for yourself and your family
• Is my tax set up still suitable for where I am now?

Making sure it was worth it

• Taking more holidays
• Working out who might buy you out
• Keeping the cashflows flowing
• Making sure things don’t slip
• Giving back something, and helping others who are starting up
• Understand the tax laws for selling