The three major forms of business activities are financing, investing and operating.
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The same things happen to everyone in different ways.
My nine most important lessons from investing over the past 35 years are that: there is always a cycle; the crowd gets it wrong at extremes; what you pay for an investment matters a lot; getting markets right is not as easy as you think; investment markets don’t learn; compound interest applied to investments is like magic; it pays to be optimistic; keep it simple; and you need to know yourself to succeed at investing.
Over 5,000 firms rely on Xero Tax to lodge their tax returns
Take stock of the assets you have and create a realistic plan to define your purpose, gather resources and develop market insights.
From small to large, accounting practices of all types can be effectively thinking ahead.
A good succession plan can secure a business owner’s legacy, and their retirement. Why not help your clients come up with one? It could be one of the most important and enduring things you do for them. Here’s how to get the process started.
Jason Blumer realised his creative talent would be curbed if he stuck to the traditional ways of running an accounting business. So when he was let loose to manage his father’s firm, he started experimenting and having fun.
