Quarterly Newsletter July to September 2006
Fri Oct 6 2006Important Changes at Spectrum Over the past year we have certainly seen a lot of growth and expansion at Spectrum. As a result, we have a new Practice Manager, Marni Hentschke, who brings many years of management experience to Spectrum. Renee Brimelow is now working from our financial planing division, looking after your risk insurance needs. We also have a new accountant, Phil Grantham, and several new support staff in our financial planning division; James Lugert and Scott Sotera. We welcome our new team members and have no doubt they will provide great service to our customers. 2006 Tax Obligations As keeping your taxation obligations up to date is our priority, we ask that you submit your workpapers for your 2006 return as soon as possible if you have not alrady done so. Once all of the necessary information has been received, we will schedule your work for commencement. This will give us both the opportunity to assess your financial situation and manage your future goals.
Don't forget about our great business ---------------------------------------------------------------------------------------------------------------------------------- One Page Business Plan
We would like to take the initiative to help you focus on your business goals. A One Page Business Plan gives you clarity and focus for the new financial year. The Plan gets you thinking about your business strategy (where are you now - where will you be in 12 months ? where will you be in 3 years?) and provokes thought related to how you can implement simple ideas to increase growth, profit and liquidity. The Plan then captures your thoughts in a succinct format that you use to monitor your performance and progress throughout the year. If you would like to take advantage of this opportunity please contact Adem, Chris or Les on 1300 55 65 35. ---------------------------------------------------------------------------------------------------------------------------------- Featured Business Is There a Pool Doctor Pool Doctor has been a family run business on the Gold Coast for 30 years. With a wealth of knowledge and 8 service vehicles operating daily from Ormeau to Burleigh Heads any service requirements can be dealt with promptly and efficiently. We offer a full valet service for swimming pools, spas, lagoons, lap pools and wading pools. Our clients include many high rise buildings, penthouses, resorts, gated communities and domestic family pools. To compliment our mobile service we also have a large retail outlet in Oxenford that operates seven days a week. In store we offer expert advice, free computerised water testing, pool covers, equipment sales and repairs, pool chemicals, heaters and pool toys. Our knowledgeable shop staff and service technicians are fully trained salt pool specialists who provide professional advice to ensure clean, clear swimming pool water that is safe to swim in year round. If we can be of assistance in relation to pool servicing, or if you require any advice please telephone Michaela Nottoli on 55297755. ------------------------------------------------------------------------------------------------------- Great Southern Cattle Project Great Southern, who is in our opinion, one of the top agribusiness managers in the country, has a fantastic investment opportunity. This project, know as "Great Southern 2007 Beef Cattle? carries a sense of urgency, as last year's project of $85 million sold out within the first few weeks. The project itself combines 100% tax deductibility* over 2 years with the potential for sound returns and a high level of security, and therefore opens a number of unique solutions to wealth creation. Some of these benefits include: - Eliminating non-deductible debt, including credit cards & personal loans, To fully appreciate the opportunity available, it is prudent to take into account your personal circumstances. To learn more about this exciting opportunity, please contact Spectrum Investment Services on 1300 653 372 * 80% in year 1, 20% in year 2 ------------ Buying a new home? Don?t forget to give Spectrum Loans a call! ----------- Protecting What You Have Worked Hard To Achieve Could you afford to take a couple months off work without pay? If you are self-employed, could your business survive if you?re not around to run it? Half of Australians over the age of 30 will suffer a major illness that can lead to a long-term disability, and consequently, a long-term loss of income. Would you take the chance that the one-in-two would not be you? If this were statistics for a house fire or theft you would not hesitate to take out house and contents insurance. But how many of us really think about organising insurance to protect our major source of income and wealth creation ? ourselves? With the right kind of insurance cover, you can protect your wealth and future earning potential. Insurance can play a vital role in helping you construct an integrated financial solution that gets you where you want to go, safely and securely. It?s important, however, to get the features and benefits you want at a cost that suits your budget. Today there exists comprehensive personal and business insurance solutions that can offer the choice and flexibility necessary to build the cover that?s right for your individual situation. The most common component of a risk insurance solution is life insurance. How it works is simple ? in the event that you die, your beneficiaries (spouse, children, business partners, whoever is nominated) will receive a lump sum payment. This could be any amount up to millions of dollars to cover all loans and debts you may have and the future well being of your loved ones. Income protection provides income replacement options to protect your lifestyle, assets and independence if you suffer illness or injury. They will provide a monthly benefit of up to 75% of your income while you are unable to work. Trauma insurance protects you from serious medical conditions and illnesses. You will receive a lump sum payment if you are diagnosed with or suffer a life-threatening illness, allowing you to concentrate on what you really need to at this time ? your recovery. Business insurance solutions can cover debt if a partner or owner dies or is so ill they cannot work in the business. It can also be structured to be part of estate planning and the extraction of ownership in a business without the need to sell or wind it up. With professional advice you can examine and choose any combination of the above four types of risk insurance to supply an overall solution that meets your particular needs. Remember, you can?t protect yourself against every hazard in life. But you can take sensible measures to minimise the impact of unexpected, unpredictable, unwanted developments that put your financial future at risk. If you do not have current insurances, or haven?t had your existing insurances reviewed in the past 3 years, we encourage you to contact our office to arrange a no obligation consultation to discuss your needs. Source: ING ---------------------------------------------------------------------------------------------------------------------------------- A Word From the Centre For Business Success Greetings Friend, Vale Steve Irwin, Peter Brock...
With the sudden and untimely death of two of our well known and respected icons it's a time to reflect on what would happen to our own enterprises in the event of our sudden exit for what ever reason. It's a sad fact that, according to a recent survey by KPMG, over 68% of SMEs have not planned for their exit, sudden or otherwise, from their business. It seems Steve's legacy will live on through the team of dedicated people he had assembled to run Australia Zoo and his other enterprises. In fact, it appears he had planned many years ahead and had already selected his replacement. His employees and their families, while suffering a substantial loss, can look to the future with some certainty. In our succession planning workshops we outline some key strategies in preparing for your replacement:
Don't end up like 68% of business owners with no plan for your replacement. By having a plan not only will you secure your investment for you and your family but you will be adding a great deal of value to your enterprise. Much Success! The Centre for Business Success Team ---------------------------------------------------------------------------------------------------------------------------------- A Word From IT Leaders The Dangers of Dud Discs Are you using CDs and DVDs to back up or archive your critical data? New research shows some discs not only don?t last for 100 years, some will start to fail in as little as two years. This is mainly caused by poorly manufactured discs, unstable dyes, and poor handling. Poor performance in any of these areas can mean increasing sections of data become unreadable, a condition that has been dubbed 'disc rot?. And disc rot not only affects poorly stored and handled discs, it can also afflict those stored in ideal conditions. The following pointers can help you avoid a disc rot disaster ? although the bottom line is, you simply should not rely on discs alone to protect your data. 1. Don?t skimp on quality Discs that use a newer dye called ?phthalocynanine? have been shown to give greater storage life. Buy the best brands like Verbatim. 2. Handle with care Any handling of discs can cause damage. Avoid touching either flat surface; the top surface is more easily damaged than the bottom! Write on discs only with soft-tip markers and don?t use stickers. 3. Proper storage Store your discs in storage cases or sleeves, store them upright, and away from heat and sunlight. Be wary of disc cases which are poorly-designed and make you bend the disc to remove it. Recovering data from a bad disc If you find a disc with disc rot, some or all of the data may be unaffected. You can try copying the data back to your hard drive in small chunks, and burning a new disc with the files which copied successfully. You can also try duplicating the disc. Good luck! You can find a full article on disc rot here: http://www.itleaders.com.au/pages/client_advice_reports.php?page=32 And an article on how to choose a better backup solution for your business here: http://www.itleaders.com.au/pages/client_advice_reports.php?page=15
IT Leaders, Ashmore Office 07 55 97 5355
| |
Print Version 
Send to a Friend « go back
