With the new financial year fast approaching, many businesses are turning their mind to their plans for next year and recovery from COVID-19. If this involves acquiring equipment, then it is important to understand the Asset Finance options available and avoid expensive mistakes.
The Federal Government has today announced that Instant Asset Write-Off which was due to expire on 30th June, has been extended to 31st December 2020! To qualify, the assets must be used for business purposes and be installed by 31st December 2020!
If you are thinking about investing in new equipment, there are five critical Equipment Finance Traps to avoid! Increasingly, business owners need to invest in new equipment to improve productivity, create efficiencies or meet higher customer expectations. Having the latest equipment can help businesses sustain…
The Personal Property Security Register is a national (government) online register designed to protect consumers buying a car, boat and even artworks. If a motor vehicle is financed, the Lender will register a charge over the motor vehicle to secure the loan By undertaking a…
To assist businesses thinking about investing in new equipment, I have launched a comprehensive Equipment Finance Handbook. At this time of year, many businesses turn their mind to ways they can compete more effectively, improve quality, shorten turnaround times or improve productivity. Often to achieve…
The 500 Group are delighted that two of our Directors, Eamonn Keogh & Greg Pierlot were awarded the ANZ Commercial Broker of the Year 2019 Business Banking! The award is fantastic recognition for the outcomes they have been able to achieve for their clients in…
Reflection is a powerful but vastly under utilised tool that we can use to solve problems and achieve the outcomes we seek. Whether you run your own business or are an employee, the pace of life can be frenetic. Even if you love what you…
The new year is a time when we often reflect and set goals for the coming year. These can be both business and personal goals. However unfortunately research (& lived experience) demonstrates that whilst we may start out with great intentions, far too often our…
If you want to improve your personal productivity, it is important to know how we are actually using your time. Whilst we all have a sense of this, the truth is our “sense” can be wildly inaccurate! (Research has shown Human Beings' sense of time…
When the rules of the game change, the best path forward is to understand the new reality and adapt! This is particularly important when it comes to cashflow management. It is not about being pessimistic, for even in tight trading conditions, businesses can prosper and…