Insights from the Smart Financial team
As a hard-working professional, the idea of not working can seem like a huge gamble and retirement is an exciting but worrying concept for many in your position. How will you know that you’ve done enough? Will your money run out? Will you be able to enjoy a comfortable lifestyle? The key to preparing for a worry-free retirement is going … Read More
Ask yourself, “What is the value of my business?” If you know what that number is, congratulations! You’ve already done a lot of homework and preparation should you ever decide to sell. If it’s not worth as much as you think it should be, you can increase its value before you sell so that you’ll truly get a fair price, … Read More
Think back to those first early, heady days when you were just starting your business. You didn’t just start it on a whim, did you? Instead, you planned ahead, put solid strategies in place and ultimately developed the business plan that’s taken you to where you are today. At Smart Financial, we believe that money is for the fulfilling of … Read More
Your business is your life’s blood but there will likely come a time when you’ll want to sell so that you can relax and enjoy life, or move on to another pursuit. To do that, you need to establish a good business exit strategy. An important part of that business exit strategy will be to figure out how much your … Read More
Why did you set up your own business? Did you want more control of your business and your life? Did you think you would have more time – not less – to relax and enjoy the rewards of your hard work? If you’ve found that you’re working harder and longer with little time to yourself, then you’re not alone. If … Read More
No one wants to think about the worst, but the unfortunate and unexpected occurs all the time, and in the world of business, it is always better to be safe than sorry. You can’t plan for every calamity out there (and how could you?) but you can give your business and your loved ones some protection with a business continuity … Read More
For many business owners, their business isn’t just a business – it’s their life. Starting a business requires enormous dedication and perseverance, so it’s no surprise that you may be hesitant to be less-involved after investing so much time, money, and energy to its success. The truth is, taking time away from the day-to-day needs of your business can be … Read More
The old approach to retirement looked at your working life and your retirement as two mutually exclusive things; one busy and active, the other a retreat into passivity. As people now live longer, have improved health and different ambitions for the entirety of their lives, we’re seeing a new world of planning for retirement, with new rules and new ideas. … Read More
Growing, expanding or even selling a business involves specific planning, but they all depend on one thing – healthy business finances. For this, you’ll need a separate plan. Financial planning for your business not only supports its success and growth, but can also help you achieve your personal lifestyle goals. Find out the three key reasons why you should consider … Read More
