As your business grows, so does the complexity of your financial and tax structures. In this episode, Ben Walker discusses a significant challenge many business owners face: Division 7A loans.

Join Ben as he covers:

• How Loan Repayments are Calculated: Understand the methods for calculating repayments under the new Division 7A interest rates to ensure compliance and avoid unexpected costs.

• Pitfalls of Commonly Accepted Solutions: Learn about the drawbacks of the most common approaches to managing Division 7A loans and how to navigate around them.

• Long-Term Strategies to Avoid Division 7A Loans: Discover proactive strategies to reduce reliance on Division 7A loans, keeping your business finances in check.

• Using Bucket Company Money for Investments: Explore the structures for using bucket company funds to invest in shares or property, providing potential growth opportunities for your business.

• Strategies to Navigate Increased Interest Rates: Gain insights into managing the financial impact of rising interest rates on your loans and business.

In this episode, Ben Walker dives into the exciting world of property development. With many clients exploring various types of developments—from land subdivisions and duplexes to knock-down rebuilds, spec homes, and splitters—this episode is packed with valuable information.

Ben will cover:

1. The Top 3 Structures for Property Development

2. Tax Implications to Consider

3. Creative Funding Solutions

Whether you’re just starting out or looking to expand your property development portfolio, this episode offers practical advice and expert guidance to help you succeed.

Tune in now to learn more about building wealth through property development!

Join Podcast Host, Ben Walker and Special Guest, Sean Soole for this empowering episode and learn how to transform your business from a one-man show into a thriving enterprise that allows you the freedom to live the life you desire.

Many entrepreneurs start their businesses as experts in their craft, yet often lack the skills to build and grow their businesses effectively. Too many business owners find themselves stuck in a cage of their own making. The good news is that you have the key to unlock it and create the life you want.

Episode Highlights:

• Transitioning to High-Value Tasks: Learn how to shift from performing $25/hour tasks in your business to focusing on high-value activities that drive growth and success.

• Strategic Planning & Execution Framework: Discover the power of using a structured Strategic Planning & Execution Framework to streamline your business operations and achieve your goals.

• Proven Business Fundamentals: Understand how to implement fundamental business principles to create a self-sustaining business that can thrive without your constant involvement.

In this episode, Ben Walker dives into the powerful benefits of Self-Managed Super Funds (SMSFs) and why they have been a cornerstone of Inspire Accountants’ strategy since they started in 2013. SMSFs are particularly advantageous for business owners, offering a unique opportunity to grow family wealth and expand businesses simultaneously.

Episode Highlights:

• Introduction to SMSFs: Discover why Inspire Accountants are such strong advocates for SMSFs and how they have become a key part of their financial strategies for clients.
• 8 Reasons to Love SMSFs: Ben goes through the top eight reasons why SMSFs are a fantastic choice for managing super and securing financial futures.
• Leveraging SMSFs for Business Owners: Learn how business owners can utilize their SMSF to significantly boost their wealth and support their business growth.
• Strategies to Boost Your Super Balance: Explore some lesser-known strategies to enhance super balances and maximize retirement savings.
• Recent Updates on SMSFs: Stay informed with the latest updates from the federal budget and how they impact SMSFs.

The last few years have been ‘mental’ for business owners, from lockdowns to unpredictable demand. And we’re still not in the clear from the financial impact. In this episode, Ben Walker hosts a webinar on navigating the next big challenge: high inflation.

What You’ll Learn:

• Why your profit might be slowly eroding (and you may not have noticed)
• The critical reasons why every business should be increasing their prices
• Practical steps to effectively increase prices with your customers

In this episode, Rizal Ramzan and Ben Walker provide valuable insights and practical advice on selling your business.

They cover essential topics such as:

• What buyers are looking for in your business
• The best times and methods to share your financial information with potential buyers
• Tax implications of a business sale (and why it might be less than you expect)

Tune in to learn how to navigate the selling process and maximise the value of your business.

In this episode, podcast host, Ben Walker and founder of Arch Brokerage, Colin O’Loughlin discuss everything you need to know about purchasing commercial property in your Self-Managed Super Fund (SMSF).

Topics include:

• Requirements for buying commercial property in super

• Overview of lending requirements

• Step-by-step process for purchasing commercial property in an SMSF

Tune in for expert advice and practical tips on navigating this complex process.

In this episode, Ben Walker explores asset protection methods to safeguard your family’s wealth as you grow your business. 

Topics include:

• Basics of asset protection
• Balancing risk-taking with asset protection
• Best practices for property ownership
• Structuring businesses and investments for protection
• Advanced strategies for maximum asset security

Join us to learn essential tips for protecting your assets and ensuring your family’s financial future.

In this episode, Ben Walker delves into the critical steps business owners must take to implement an effective tax planning strategy before the end of the financial year. Tune in to discover how to maximise your tax savings legally and stay compliant with recent tax changes.

Key Discussion Points:

• Maximising Tax Savings Legally
  Essential tips and strategies to minimise your tax burden.
• Impact of the ATO Attack on Trust Distributions (Section 100A)
  Understanding the implications of the Australian Tax Office’s focus on trust distributions and how it affects your business.
• Recent Tax Changes
  An overview of the Stage 3 Tax Cuts introduced by the Albanese government and how they impact small businesses. 

In this episode of the Young Family Small Business Podcast, hosts Ben Walker and Rizal Ramzan provide a debrief on the Federal Budget that was announced by Treasurer Jim Chalmers on Tuesday the14th of May 2024. 

The discussion centres on the government’s plans to tackle inflation pressures, rising living costs, and stage 3 tax cuts. 

Ben & Riz dive into the specific impacts of the budget and what that means for: 

• Small business owners
• Investors
• Self Managed Super Funds (SMSFs).