Where to legally store your excess profits, so the tax man doesn’t take half. (HINT: It’s not in Panama!) ???

Imagine you’ve got an amazing business that is trading through a Trust.

You take out some profit to feed yourself, feed your family, put the kids in school and live comfortably.

But you still have some excess profit left over!

If you take it out, you’ll have to pay up to 49 percent tax.

What do you do?

Now the strategy here is actually to set up a company.

The purpose of this company is to receive a distribution from your business.

It’s a distribution of profits of your business.

So here’s where the tax savings come in …

Individuals pay up to 49 percent tax, but companies when they’re receiving a distribution from a trust, they only pay 30 percent tax.

So paying that profit to a company instead of an individual will save you 19% tax – 49% minus 30%.

Important:  You can’t just do this distribution ‘on paper’.

The cash must go from your business into your company and into the company bank account.

Then you can use that money to invest in anything else like commercial property, residential property, you can invest in shares with the money in the company.

You may know these company structures by the following names –

• A company
• A Pty Ltd
• A corporate beneficiary and even
• A Bucket Company

I like to think of it as your “Family Vault”.

It’s a smart place to store the profits your business AND reduce the amount of tax you’re paying.

Got a burning question about using Business Structures to save tax and create a family vault?  

Book in, to TEST DRIVE AN ACCOUNTANT – a 15 min rapid fire Q & A session with an Inspirational Accountant.

 

Risky business – Dangers of Sole Traders, Partnerships & ABNs as Business Structures ??

As Accountants, we are seeing people drop out of high-paying employment or jobs, and jumping in and starting their own business. This is a very exciting time and it’s a great way to be absolutely in control of the impact that you make on this world. However, this big move towards jumping into business is creating another really big problem. That problem is, many people think “Ah, I can get an ABN or I’m a sole-trader and voila – I’m in business”. But there’s so many risks associated with being a Sole Trader. I’ve been in business for a number of years and I’ve been exposed to some of these risks. I’ve been sued! I’ve had petty claims from employees or past-employees! I’ve had people who have been chasing me for various things, for money et cetera, and I’ve literally had my house on the line. So when I learnt about these business structure strategies, it just helped me sleep a bit easier at night, and more importantly, helped me reduce my tax.. I don’t want to be in business and have to give half my money to the taxman! What type of business structures are available to start ups? Well interestingly, there are actually 400 new businesses registered each week. So what that normally means is registering an ABN. An ABN can actually be registered to a sole trader, partnerships, trusts or companies. They are the common business structures. But the majority of people start up as a sole trader or, with a mate or a friend, as a partnership.       Why do most new businesses start up as a sole trader? I believe a big thing is cost.   It’s very easy (and free!) to go and register an ABN. There are two big problems though… What are the risks associated with being an ABN holder, or a sole trader, or a partner in business? It might cost you nothing to go set up an ABN, but there are two big problems with being a sole trader which can cost you thousands. Problem No 1:  Paying too much tax. The first one is you’ll give 49% of your profit, potentially up to that amount, to the tax man. That is ridiculous. No-one likes to pay excess tax, and 49% per cent tax is ridiculous. Problem No 2:  Business Risks affecting Personal Assets. Second one is there’s actually no protection from the risks of your business to your personal assets. So your family home, the two cars, the shares that you invest into, your investment property, cash in the bank; they’re all exposed to the risks of your business. So my advice. Sole trader – don’t do it!  It’s the most expensive “free” business structure! Do I need a proper business structure (Trust and / or Company) from day one or can I wait a year? Business structures are a long-term investment. So if you don’t set up in the right structure from day one, then you’re going to have problems down the road. Let me explain … Day 1 – ABN. Day 365 – Set up Company & Trust = $3,000 plus GST (estimate). Day 366 – Transfer business from ABN to Company and / or Trust. Day 376 – Pay lots of tax 🙁 You are essentially selling your business to another entity, or another company or a trust. That sale means you’ve made a gain on what your business is worth. You’re not getting any cash, because you’re selling it to yourself, but you’ve got to pay two taxes. Capital Gains Tax Stamp Duty. So my advice is – If you’re going to turn over $100,000 or more in the next 12 months, then get a structure in place immediately. Why are partnerships twice as dangerous as sole traders? A partnership is always very dangerous unless you trust the person with your life. What it means to go into a partnership, it’s like two sole traders coming together with the aim of making profit and to make money. So they’re both, in effect, liable each other’s decisions. For example … Let’s say Ben and I go into a partnership together. It’s a food truck business. Ben decides “Hey, we need a new stovetop”. Stovetop is going to cost 15 thousand dollars. So he goes out, he buys it, he signs a contract with the partnership signing the contract. As his partner I am liable for those payments. We’re both liable. This means if one day Ben decides to take off to America. I’m the only one left in Australia, they’ll come after me for payment. And I am left liable. So it’s my house, my car, my little pushbike on the line for a mistake that my partner may have made. So that’s why it’s really dangerous to go into business where there’s no structure. I’m not saying don’t go into business with someone, just make sure you’ve got the right structures set up! How do I separate business risks from personal assets? Business risks – Suppliers Customers employees Shareholders Personal Wealth – Cars The Family Home Cash in the Bank Commercial Property Shares Investment property Note: Your Superannuation is not included as it is protected in it’s own way. Our goal with business structuring is to put a line of protection in the middle to separate business risks from personal assets.  You simply don’t get this protection as a partnership or sole trader. A final warning if you are a Sole Trader… A lot of people start business with an ABN as a sole trader. They postpone changing to a trust or a company until ‘tomorrow.’ And that’s mainly because I believe no-one is out there giving the education on what the alternatives are. So they might leave it, and one day find themselves turning over this 300,000 dollar a year business. They’re making great money but they are stuck in this structure paying 49 cents in tax. Yuk! They need to change, so here are the costs – Structure set up Capital gains tax Stamp duty Set up new bank accounts Update your invoices So, while it might be cheaper to start off as a sole trader, it’s not worth leaving it very long at all. In conclusion… You can be in business, or you can be in risky business. What’s your choice? I’ll take the option where I can sleep at night!   Got a burning question about using Business Structures to save tax and create a family vault?   Book in, to TEST DRIVE AN ACCOUNTANT – a 15 min rapid fire Q & A session with an Inspirational Accountant.

Are you smoking away all your profits?

I’m not proud of it.  But my first business was … selling cigarettes to under-aged kids.This entrepreneurial dream didn’t last long as the principal of my school had actually gotten wind of what I was doing. I packed up shop really, really, really quickly, but not before learning a lesson about business and profits that I’d never forget… Once I’d shut up shop, I realized that I didn’t really have anything to show for it. I got to the point I was like, “ah, I didn’t turn a profit.” I’ve got nothing saved up towards my PlayStation or whatever else I was saving up for at the time!     What happened to all the profits? I literally smoked them. It got to the point where business was going so well, it was in the first week or so, that I thought I might have a cigarette out of my pile. I’ve got so many, I’m selling so many, I’ve got so much money coming in. I thought I would reward myself, plus I had a lot faithful friends so I had reward them too! It turned out that most of what had come in I had actually used to buy my own cigarettes or giving out cigarettes to my friends, so I barely, truly, smoked up my profits. So what’s the moral of the story… other than don’t sell cigarettes to school mates? All this made me realize that, it’s a funny story, it’s a horrible story, but there’s a lesson to be learned here and that lesson is that, in any business you can get to the point where things are going so, so, so well, that you think why not reward yourself? Why not go on holiday? Why not take money out for this? Why not shout this, that and the other? It’s this illusion that we live that money keeps coming in and it’s just going to keep coming in, no matter what. Similar to what happened to me, a lot of the time business owners get to that point where it’s like, I know I’ve got a bill due, I’ve got to make rent on this place that we’re in or whatever else, and you look back and there’s nothing to show. You’ve smoked up all of your profits or you’ve gone and spent on all of these expenses and you’ve just got nothing to show for it. The key is to protect your profits! In our Cash Rich Business Workshops. We teach our business owners how to better manage their finances, how to put their profit first and take that chunk out well in advance before everything else goes out. That’s it. By taking a small percentage of every dollar that comes in and provisioning it to your “Profit War Chest”, you don’t end up at the end of the year and nothing to show!   Got a burning question about how you can increase your profit and build your own ‘Profit War Chest’? Book in, to TEST DRIVE AN ACCOUNTANT – a 15 min rapid fire Q & A session with an Inspirational Accountant.

Bookkeeping; how to know if you should be doing your own… ?⏳⌛️?⚖

When should you outsource your bookkeeping or when you should do it yourself?

First of all, we need to figure out what’s the cost of a bookkeeper.

Here at Inspire CA, we do have a bookkeeping package that’s around $200.00 a month. That’s how much it costs to do your bookkeeping for that month or $40.00 an hour.

Now we need to figure out what your time is worth.

One of our clients, he’s a GP, and he could easily earn about $120.00 an hour.

Now, let’s think about it. If you spent an hour doing bookkeeping you would have said bye to that $120.00 just to save $40.

You could have earned that money instead by growing your business and seeing clients.

Instead, you were sitting in a back room doing bookkeeping and you wasted $120.00.

Whereas, you could have outsourced that and cost you only $40.00.
That’s the logic there.

Is your time worth more than a bookkeeper’s time?

If your time is worth more that the cost of doing your bookkeeping, outsource it.

Not only is it cheaper & more affordable (compared to the opportunity cost of your time), you buy back hours of your own time each month.

What could you do with 5 hours more each month?

Personally, I like to do a lot of cooking and that’s a lot of fried rice that you can cook in 5 hours.

If you guys are watching this right now, comment below and tell me, what would you do with the free 5 hours you just received because you hired a bookkeeper to do your bookkeeping.

Got a burning question about knowing if you should be doing your own Bookkeeping? 

Book in, to TEST DRIVE AN ACCOUNTANT – a 15 min rapid fire Q & A session with an Inspirational Accountant.

9 New Financial Year Resolutions you should make today

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It’s a new Financial Year, and we believe the key to financial bliss is starting the year the way you’d like to end it.

So Ben Walker, brings you his top 9 New Financial Year Resolutions you should start now.

1. Miracle Morning

A mentor of mine once told me “Ben, a great morning, makes a great day, which makes a great week, which makes a great month, which makes a great year, which ultimately makes a great life!”  There’s a book I recommend called Miracle Morning, which outlines a practice used by millions in their pursuit of an extraordinary life.  My miracle morning includes – getting up, brushing my teeth, drinking water, meditations, affirmations, visualization, planning the day ahead, reading, journaling and exercise. How many miracle mornings will you have in the next 365 days?

2. Put Your Profit First and reap the rewards –

A percentage of every dollar that comes in the door goes straight to our ‘Profit War Chest.’  In the beginning, we started with putting aside just 1% but cranked up this profit percentage as we cut expenses that we didn’t really need.  I’m happy to say we’re a lean (mean!) machine and every quarter Harvee (my business partner), and I empty the Profit War Chest and spend it according to our “Build The Nest, Spread Your Wings” philosophy.

3. Build The Nest, Spread Your Wings –

Every quarter, 50% of our Profit War Chest goes to Build The Nest –  I like to invest in cashflow producing assets like Shares, Property (Residential & Commercial) & Precious metals.  The other 50% of our Profit War Chest goes to Spread Your Wings – driving that new car, enjoying regular holidays, eating out, drinking that nice bottle of wine, etc.  It’s great to be rewarded for your hard work while knowing there’s enough going towards an inspirational future.

4. Do yourself a favour and Travel The World –

As well as taking our Profit First, we also take our Holidays First too.

Every June, we grab a big 12-month calendar and map out all the holidays we want to take.  We aim for about 8 – 12 weeks.  Travel opens your eyes, gives you ideas and nourishes your soul.  From a business perspective, it leaves room for your team to grow, make decisions on their own and appreciate the magic you bring to the table.  Travel is a non-negotiable.

5. Become Besties with a Bookkeeper – 

So often I hear stories of business owners staying up until midnight as they “do their books”, or retailers sitting in their store on a Sunday doing their books on their laptop as customers come in and out of the shop.  In terms of “doing your books” (sending invoices, paying staff, paying invoices, recording what should be in the bank and what is in the bank ) – all of these functions can be outsourced for as little as $50 an hour. As soon as you get to a point where there is any volume of bookkeeping required, you should be able to outlay a couple of hundred dollars each month on having someone do that job for you while you continue to spend 80 per cent of your time on sales and marketing activities – activities that should be worth a lot more than $50 an hour to your business.

6. Research what you can claim –

Every day I see business owners who don’t really understand what they can and can’t claim.  This means you could be missing out on deductions which will ensure you keep more of your hard-earned cash.  Knowledge is power so read up on what is and is not tax deductible for your business so that you can make more informed decisions around spending.  For example, remember you can still claim accelerated depreciation in the form of an immediate write-off for assets costing less than $20,000.

7. Become a #SelfMadeSuccess –

There are some really cool things a Young Family can do with a Self Managed Super Fund.  For example, right now I’m using the money in our Family SMSF to invest in a Commercial Property as the new office for Inspire CA (which means my own company will rent it off my own trust – how cool!).  By 2018 there is expected to be $1 trillion of assets in Self Managed Super – I don’t know about you, but I look forward to representing a good portion of that $1,000,000,000,000 ;).  Starting Aug 1st we are running a new 12-week challenge, where we’ll share with you The Mechanics & The Magic behind our own #SelfMadeSuccess journey and introduce you to the little-known strategies, tips, success stories of actual SMSF Millionaires and Australia’s top SMSF experts – who have guided our journey.  Check it out here.

8. New Year, New Accountant –

The new financial year is a great time to Change Accountants.  Do you have a feeling your current accountant might have you paying too much tax? So did Katie Richards, CEO, and Founder of Virtual Legal. Then she did a “Look Under The Hood” with Inspire, and we saved her $18,586 tax. BOOM!  In fact, we ran a campaign in Apr – Jun 2016 where we aimed to Save our clients $500,000 Tax. We ended up saving our small business clients a total of $1,261,715.00 by giving proactive advice on tax planning strategies before 30 June.  If your current accountant isn’t very proactive or isn’t on the inspirational business journey that you are on, it might be worthwhile changing accountants.

9. And finally, Capitalize on your natural born talents –

Each one of us has natural talents that we were born with.  Therefore the fastest path to wealth is to know these unique talents and capitalize on them.  I did this profile on the recommendation of a mentor four years ago and I almost instantly went into FLOW and had been there ever since.  By flow I mean, I doubled down on the things I was really really good at, my strengths.  The wealth profile tool I did is called Wealth Dynamics, and it helps you find your path of least resistance on your spiritual journey to Wealth. By spiritual, I mean your internal fire, your human spirit.  You can tell when people are ‘on fire’ or in flow, as they can make a radical impact and make it look easy.  Have a look at the eight wealth profiles and you might consider doing the Wealth Dynamics profile yourself.

 

Now you have read these top 9 Resolutions – Enjoy the process of Implementing them into your own business and life! Go for Gold and have the best New Financial New Year Yet!

“Happy New Financial Year from the Inspire Team!”

Save $500,000 tax campaign – $1.26M saved, 62 Families, 3 months.

In April 2016 we set a very big (and hairy) audacious goal.  To help young families in business by having, to save $500,000 tax for our clients before 30 June.

 

Why Business Owners Need To Take Holidays, 8 to 12 weeks a year ⛷⛵️

I’m fresh off the boat from 9 magical days in New Zealand and instead of cheap souvenirs, I’ve got a game changing business strategy for you:

Grab a big 12 month calendar and map out all the holidays you want to take, aim for 8 – 12 weeks. Block out:

• the overseas holidays
• the local holidays
• the school holidays
• the summer beach camping trips
• the long weekends that coincide with a public holiday
• the long weekends that don’t coincide with a public holiday (c’mon you are a business owner after all!)
• the birthday celebrations
• the weddings
• personal and professional development courses
• business planning weekends – working ON your business, not IN

Once you’re done, tell us in the comments below where on earth you’re heading in the next 12 months (I want some inspiration!)

The back story on why holidays and travel is good for business …

This is an inspirational process and will do wonders for you as a business owner.

Most people plan out their holidays around their work.

They hope there will be some spare time and money leftover for holidays each year.

But the problem is, there never seems to be enough time or money leftover!

And sadly another year goes by with no time for play… Sad face emoji

What a shame, seeing as how big & beautiful the world is.

The successful business people I know plan their work around their holidays, and I too have been doing it for the last 12 years.

Plan the year ahead by blocking out at least 8 – 12 weeks of holiday time.

Work out where you want to go.

Work out how much you need to save.

And then reverse engineer your business to fund the lifestyle you want to live.

Why is this important?

• Light at the end of the tunnel.

The business journey is tough at times, long days, late nights, weekends. You’re almost always ‘ON’. Knowing there is some downtime on the horizon can do wonders for your subconscious and allows you to focus intensely on the task at hand.

• Work life balance.

Your family and friends will know when they can enjoy some good quality time out with you.

If they know there is a good 10 weeks of planned holidays, they won’t worry so much if you have to work late or work through a weekend here and there.

• Holidays give you time to think.

I have my best ideas when on holiday! I’m a big picture type thinker and getting out of the office (and sometimes the country) gives me some precious time to THINK BIG, THINK LONG TERM, THINK RADICAL IMPACT.

• Holidays ensure you have deadlines.

Have you ever noticed how much you get done the week before, you take 2 weeks off to go camping on Stradbroke island with limited wifi or reception?

You somehow move mountains so you can switch off and enjoy the trip.

You find a way to make it happen.

That’s the power of putting holidays first.

Since my first real overseas holiday at the end of year 12, I’ve been able to –

• Salsa in the streets of Cuba
• Find spiritual sanctuary with the sharmans of India
• Volunteer in remote communities in Mexico, Brazil & Africa
• Follow Carnival street processions in Rio De Janeiro
• Eat the freshest sushi in the fish markets of Japan
• Snorkel the Blue Hole in Belize
• Ride elephants through the jungle in Sri Lanka
• Endure nude Sauna in Sweden
• Speak at an International Conference in Maui, Hawaii
• Sip the finest Madeira Wine in Portugal
• Get Bali Belly, Delhi Belly & Port Moresby Belly…
• Follow the ancient INCA trail to Machu Picchu
• Scoff pizza and beer in New York

All while building a successful investment portfolio and multiple businesses.

In fact, it was those priceless experiences that fuelled my own entrepreneur journey, and I’m confident that TRAVEL will do the same for you.

I truly believe it when they say,

“Travel is the only thing you buy that makes you richer.”

But how do business owners fund their Big Goals – like 8 to 12 weeks a year holiday?

They Become a Cash Rich Business.

Here’s the process –

1. Put Your Profit First – A percentage of every dollar that comes in, goes first to your profit war chest.
2. Every quarter, 50% of your Profit War Chest goes to –
   •  50% to Building a nest egg – I invest in cashflow producing assets like Shares, Property (Residential & Commercial) & Precious metals.
   • 50% Spreading your wings – You can drive that new car, enjoy regular holidays, eat out, drink that nice bottle of wine etc.
3. Enjoy the holiday. Recharge. Open your eyes to the world. Be present with your family.
4. Build a better business. Going on holiday leaves room for your team to make decisions and helps you see the gaps in your business systems and where the business still depends on YOU. Fix it.

 

You can use the code ‘wanderlust’ to get $10 off the next Become a Cash Rich Business [Workshop] – A short course in cashflow acceleration for small business owners who love family but not numbers. The CRB method will help you rapidly get on top of debt, start to amass a rainy day fund and worry less about the ups and downs of cashflow – RSVP at inspireca.com/events.

So where are you going in the next Financial Year?

Share your travel plans with me and the rest of the Inspiring Business Community here.

Why Business Owners Need To Take Holidays, 8 to 12 weeks a year

I’m fresh off the boat from 9 magical days in New Zealand and instead of cheap souvenirs, I’ve got a game changing business strategy for you:

Grab a big 12 month calendar and map out all the holidays you want to take, aim for 8 – 12 weeks. Block out:

• the overseas holidays
• the local holidays
• the school holidays
• the summer beach camping trips
• the long weekends that coincide with a public holiday
• the long weekends that don’t coincide with a public holiday (c’mon you are a business owner after all!)
• the birthday celebrations
• the weddings
• personal and professional development courses
• business planning weekends – working ON your business, not IN

Once you’re done, tell us in the comments below where on earth you’re heading in the next 12 months (I want some inspiration!)

The back story on why holidays and travel is good for business …

This is an inspirational process and will do wonders for you as a business owner.

Most people plan out their holidays around their work.

They hope there will be some spare time and money leftover for holidays each year.

But the problem is, there never seems to be enough time or money leftover!

And sadly another year goes by with no time for play… Sad face emoji

What a shame, seeing as how big & beautiful the world is.

The successful business people I know plan their work around their holidays, and I too have been doing it for the last 12 years.

Plan the year ahead by blocking out at least 8 – 12 weeks of holiday time.

Work out where you want to go.

Work out how much you need to save.

And then reverse engineer your business to fund the lifestyle you want to live.

Why is this important?

• Light at the end of the tunnel.

The business journey is tough at times, long days, late nights, weekends. You’re almost always ‘ON’. Knowing there is some downtime on the horizon can do wonders for your subconscious and allows you to focus intensely on the task at hand.

• Work life balance.

Your family and friends will know when they can enjoy some good quality time out with you.

If they know there is a good 10 weeks of planned holidays, they won’t worry so much if you have to work late or work through a weekend here and there.

• Holidays give you time to think.

I have my best ideas when on holiday! I’m a big picture type thinker and getting out of the office (and sometimes the country) gives me some precious time to THINK BIG, THINK LONG TERM, THINK RADICAL IMPACT.

• Holidays ensure you have deadlines.

Have you ever noticed how much you get done the week before, you take 2 weeks off to go camping on Stradbroke island with limited wifi or reception?

You somehow move mountains so you can switch off and enjoy the trip.

You find a way to make it happen.

That’s the power of putting holidays first.

Since my first real overseas holiday at the end of year 12, I’ve been able to –

• Salsa in the streets of Cuba
• Find spiritual sanctuary with the sharmans of India
• Volunteer in remote communities in Mexico, Brazil & Africa
• Follow Carnival street processions in Rio De Janeiro
• Eat the freshest sushi in the fish markets of Japan
• Snorkel the Blue Hole in Belize
• Ride elephants through the jungle in Sri Lanka
• Endure nude Sauna in Sweden
• Speak at an International Conference in Maui, Hawaii
• Sip the finest Madeira Wine in Portugal
• Get Bali Belly, Delhi Belly & Port Moresby Belly…
• Follow the ancient INCA trail to Machu Picchu
• Scoff pizza and beer in New York

All while building a successful investment portfolio and multiple businesses.

In fact, it was those priceless experiences that fuelled my own entrepreneur journey, and I’m confident that TRAVEL will do the same for you.

I truly believe it when they say,

“Travel is the only thing you buy that makes you richer.”

But how do business owners fund their Big Goals – like 8 to 12 weeks a year holiday?

They Become a Cash Rich Business.

Here’s the process –

1. Put Your Profit First – A percentage of every dollar that comes in, goes first to your profit war chest.
2. Every quarter, 50% of your Profit War Chest goes to –
   •  50% to Building a nest egg – I invest in cashflow producing assets like Shares, Property (Residential & Commercial) & Precious metals.
   • 50% Spreading your wings – You can drive that new car, enjoy regular holidays, eat out, drink that nice bottle of wine etc.
3. Enjoy the holiday. Recharge. Open your eyes to the world. Be present with your family.
4. Build a better business. Going on holiday leaves room for your team to make decisions and helps you see the gaps in your business systems and where the business still depends on YOU. Fix it.

 

You can use the code ‘wanderlust’ to get $10 off the next Become a Cash Rich Business [Workshop] – A short course in cashflow acceleration for small business owners who love family but not numbers. The CRB method will help you rapidly get on top of debt, start to amass a rainy day fund and worry less about the ups and downs of cashflow – RSVP at inspireca.com/events.

So where are you going in the next Financial Year?

Share your travel plans with me and the rest of the Inspiring Business Community here.

Welcome Jake to the Inspire Team

Hi #InspireFamily,

Please join me in welcoming Jake Pretorius to the INSPIRE team.

Jake came to us a few months ago with his dream of becoming an inspirational accountant.

He has since excelled in his 12 week internship (aka baptism of fire!) all while juggling his last few months of Accounting Degree at UNI and being a husband to wife Rosie.

Jake is an experienced personal banker with Westpac and combined with his accounting degree, will help #InspireFamily strike the balance between paying just the right amount of tax, while still qualifying for a great loan with the banks.

The cool story about how Jake found his home at INSPIRE …

Jake is very much aligned with our core value of making a radical social impact.

He first saw Ben Walker, Jessica Kate and I on Facebook when we were packing boxes in Melbourne at Thankyou. for the ‪#‎ChapterOne‬ campaign with Daniel Flynn.

Thankyou just happens to be one of his favourite brands and social movements.

Seeing Accountants supporting Thankyou, he thought this is a dream come true!

So he Facebook messaged me for a coffee – and since then he has been a key figure in helping small business owners implement the principles taught at our famous Become a Cash Rich Business Workshops.

I asked Jake “what do you want to tell your grandchildren about your time at INSPIRE?”

To which he said –

“I’d be proud to say I was a part some amazing things. Ben and Harvee, I see INSPIRE going BIG, really big. And I want to be a part of that impact. I’m in with the vision, I’m in with you two. Thank you so much.”

Love your work bro, let’s make some radical impact together!

561,478 reasons to aim high!

 

In April 2016 we set a very big (and hairy) audacious goal.

 

To save young families in business, $500,000 in tax before 30 June.

Well it’s our pleasure to announce that as at Monday 13th June 4pm we’re up to $561,478 tax saved!

Congratulations #InspireFamily.

The campaign is not over until 30 June, and who knows how much we’ll end up saving in the end.

It feels great to aim for something and reach it.

We no longer have to IMAGINE, what half a million dollars would mean, back in the hands of the young families who work so hard to earn it!

A long needed family holiday!
A credit card that’s been hanging around – paid off!
An upgrade to the family car!
A small renovation to the home!
A donation to a social cause!
An investment in the family wealth!

Congratulations, and here’s to achieving and exceeding Big Hairy Audacious Goals!