The Top New Financial Year Resolution That Will Improve Your Business

Financial Year Resolution


Surprise, the most effective new financial year resolution is not financial at all!

It is to plan what you aim to achieve in your business during the year, set goals and work out how you will achieve them. Of course, some of these will be financial but not all.

In the modern world, some will relate to technology for most businesses. Even if you are working in a business where technology is not directly part of what you do, you most likely depend on a mobile phone and may use the internet or social media for marketing. Just think back to the last time you had something repaired. Did the tradespeople carry mobile phones? I’m sure they did.

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Sales Pitch

Pitching Suicide – How to kill your pitch in 7 easy steps.

It seems many people actually want to publicly murder their own pitch. I love great pitches, and I hate to see them die slow, humiliating public deaths. If you’re going to destroy something beautiful, do it right. These are the 7 most effective ways eviscerate a pitch while numbing the minds of your audience. Want a great pitch?

Avoid these 7 Pitch killers.


The human brain is being carpet bombed by billions of bits of data from all 5 senses every second. To avoid making you feel like you’re in the middle of a horrendous trip, the human brain has evolved to radically filter inbound information.

You think that there is so much about your opportunity that is amazing, and you think that by telling people more, they’re going to be even more impressed. Instead what happens is our brains register that we’re under information attack and it begins rapidly purging not just the deluge of useless information you’re forcing upon it, but everything. (Command + A) Delete. Gone. Next. Good journalists ask “What words can I remove without losing the meaning of the sentence?”. Do that and see the difference.

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Depreciation on Property

Find Out The Depreciation Available Before You Buy

Crunch the numbers for your commercial property and save

Before purchasing a commercial investment property, make sure to crunch the numbers correctly. That next bargain may actually be more affordable if property depreciation is claimed.

Astute investors will usually consider the potential return of the property, surrounding commercial infrastructure along with rental vacancy rates in the immediate area. They may also like to factor the current tenancy contract in place with historical growth.

They should also work out the tax deductible costs and other deductions involved in owning the property, such as property management fees when required, rates, interest, repairs, maintenance, fit-out costs and property depreciation.

These deductions add to the investor’s net cash return and every deductible dollar comes back to the owner at the marginal tax rate.

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Personality Branding – The Third Brand Your Business Needs.

There are three layers of branding your business needs to consider:

Product – The brands we associate to a product or service we can buy e.g.: “iPod”
Company – The brands we associate to a company we can buy from e.g.: “Apple”
Personality – The brands we associate to people who represent companies and products e.g.: “Steve Jobs”

The original conversation around branding started with “product branding”.

We saw the earliest brands like “Coke-a-Cola”, “Hoover” and “Marlboro” – Product brands that were so strong they built multinational companies around them. These companies shared the same name and brand identity as their product.

The second layer to come along was when the separation of “product brands” and “company brands” emerged.

McDonald’s was known as the company that sold products like Big Macs and McHappy Meals. Ford adapted and became a company that had many cars rather than just a Model T. General Electric, 3M and LG started producing many product ranges and had both strong product brands as well as company brands.

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Preparing your small business for 21 century

How to Ensure Your Business is Equipped for the 21st Century

by Andrew Boyd

In the fast-paced business world, things are evolving all the time. If you want to maintain the success of your business, you need to ensure that you are keeping up with the changing times, and adapt to all of the new demands that are being thrown your way.

Although the economy does seem to be on the right path once more, it can still be a difficult time for businesses if they do not embrace all of the new types of technology and marketing that is available to them. So whilst some of the things we are going to talk about in this post may cost you some money, they are all to help your business stay successful in the long term.

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A Key Tip to Establishing Your Business In the Media

Ever watch the news or read a magazine article and see the launch of a great new product or hear that expert opinion on a topical issue? That my fellow business owners is most likely a result of PR.

Being heard or seen in the media is a priceless and credible branding opportunity that money can’t buy…literally. You can purchase advertising and you can buy sponsorship. You can even hire a PR agency, but even that won’t guarantee you and your business media exposure.

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Credit Card Debt

Top Tips for Tackling Credit Card Debt

Plastic fantastic – Flexible ways to reduce your credit card bill faster

Credit cards. Our plastic friends that are great at getting us out of a tight squeeze when we need them; like helping fill the car with petrol when cash is tight or picking up the weekly shopping if the pay transfer hasn’t hit the account yet! But these good mates can turn into nuisances when the amount owing has grown and you find yourself struggling to keep up with the minimum payments let alone trying to knock down the overwhelming balance.

So, when the bill has ballooned and you find yourself staring credit card debt in the face, what’s the best way to start paying off that balance? Follow these tips and you’ll see that figure falling before you know it.

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End of Financial Year – Sales on the Way

Are you planning to make a technology purchase?

The end of financial year makes many people think about tax and hurriedly scramble to organise deductible expenses in time. At the same, savvy large technology retailers and department stores hold tempting sales. It is very easy to get caught up in the frenzy and make a purchase you might regret. A little groundwork can leave you ready for a win-win situation – you buy in time for the tax benefit, find a good deal at the sale and make sure you have what your business needs so you are left with a device or program that you are happy to use.

Where do I start?

Start by thinking about your business. What are you doing now that would be easier with new technology? What are your competitors offering that makes smart use of technology?

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Stress Free Business

The Number 1 Secret to Stress Free Business – Part 2

DavidCandyby David Candy

In Part 1 of this article we uncovered the fundamental cause of our stress – us. So now, let’s look a little deeper into how it all works. If we are indeed the cause of our stress, what is that we do in order to generate it within us?

Viva Le Resistance

Simply put, stress occurs within us whenever we consciously or unconsciously resist a person, situation or event in our life. When we are unwilling to accept the reality of something or someone, we begin to generate a resistance within us that can manifest in our physical bodies as stress. Often this is something that we feel deeply justified in and in some ways we even celebrate this however, underneath it all we are simply opening the door to a form of dis-ease that only we will experience and that will do nothing to change what has already happened.

The Illusionary World of Shoulds and Shouldn’ts

So how do we know when we’ve done this? A key marker that will indicate you are resisting a given situation is when you find yourself thinking or saying something along the lines of, “that person SHOULDN’T have spoken to me in that way” or “I SHOULD have done this” or “ I WISH that hadn’t happened”. Sound familiar? This form of reactive behaviour is more common these days than ever which is why we are seeing instances of stress and stress related illness increasing dramatically – we not only condone it but in a lot of ways we encourage it within each other. How many times have you joined someone in their conflict and seen their rage within grow exponentially from your encouragement or “support”? This is more common place than perhaps we’d like to admit.

When we attempt to change the past through creating imaginary scenarios that have no context within reality, we begin to create discord within ourselves as we fight with the reality of what has already occurred. How often do you find yourself going into conflict either externally or within, when a situation doesn’t “go the way you think it should”? And how easily can you let it go, and I mean really let it go? You’ll know the answer to that question the next time you find yourself in a similar situation – if memories come crashing through your mind relating to past events you’ll know you haven’t let them go. And that’s okay, because what we want to do is go beyond simply letting something go – we want to transcend it by being in complete acceptance. It is acceptance that is the key to freeing ourselves from stress.

An Example

I had a client recently telling me a story about a situation they had just experienced with a colleague at work and at the end of the story they simply stated, “He should have shown me more respect”. So how shocked were they when I quickly replied, “no he shouldn’t have”. Taken aback that I hadn’t simply agreed with them let alone consoled them over the story, they gasped – “ But what do you mean?!!” And so I walked them back through their story and at the end I said – “so correct me if I’m wrong but your story involved this other person showing you a level of respect that is less than you would like”. And when they agreed wholeheartedly, I went on to point out how their statement “he should have shown me more respect” contradicted that. The reality was that he showed them the level of respect that he showed them – that’s it. He “shouldn’t” have shown them more and infact he couldn’t have shown them more – how do we know this? Because he didn’t! That’s the reality.

It was their unwillingness to accept the reality of the situation that was causing the stress they were experiencing, not the experience itself. And even though this is the key part to moving through any situation in a stress free manner, it is where most people get caught up – acceptance. So what is the REAL meaning of acceptance and how can we use it?

Acceptance versus Agreement

The most common misinterpretation of acceptance that I’ve found with my clients involves their belief that acceptance means agreement – it does not. When I speak about accepting the reality of the situation I am not referring to agreeing with what has happened, I am simply talking about acknowledging that what has happened indeed happened. That’s it.

If I was to ask you to agree with the situation it would be nothing more than a continuation of the very same behaviour that is underpinning the stress you are experiencing – judgement. When we judge a situation we have already removed ourselves from the actual reality of that situation – whether or not we deem it as good or bad it REALLY doesn’t matter. When we decide that it is bad or wrong or negative we begin to move into resistance, we begin to create scenarios of how we think it should be and we start the process within us that creates stress in our lives.

The Benefits of Acceptance

When we are able to accept the reality of any given situation, person or event we enable ourselves to take control over how we then act in response. You’ll notice I mentioned “act in response” rather than react. When we act we are moving from a new space that is not tainted with our judgement of where we are and who is around us. It allows us to move freely and easily to the next situation, next solution, next space that is best for us. When we re-act, we are behaving from a past judgement of which more often than not many other past instances, memories and grievances will come flooding into our mind, compounding our behaviour and culminating in external and internal conflict.

Let’s put another slant on this. So if you were in a situation that you felt challenging, if you were to look for a solution that could quickly and easily move you to a better space for you, from what headspace do you think you would best serve finding that solution? From a clouded space of irritation and frustration where you are focused completely on the injustice of what has just occurred or, from a clear, calm and controlled space where you can focus wholey on the next step with your attention solely on finding the solution that is best for you?

Seems obvious doesn’t it? Acceptance is what creates that space for you to move more freely through any situation and coupled with taking responsibility for your actions is the key, when used correctly, to stress free business.


About David Candy

David Candy is a mentor, workshop presenter and personal development expert. His passion for his work has come through a personal journey of deep self discovery and empowerment that has seen him overcome many challenges in his life and allowed him to develop his own unique style. Now based in Wellington, New Zealand, he works with businesses, business owners and entrepreneurs from all over the world helping them to maximise their life’s potential through his mentoring program. His work has also been published in journals and online media throughout Australia and New Zealand.

Tax – Chaos or Calm

The date June 30 can mean chaos or calm depending on how well organised you are. If this year is already looking like chaos maybe it’s time to consider ways for your office to work smarter as we head towards end of financial year.

Here are a few tips to create calm from Lan Nguyen from Success Accounting Group.

1. Check for missing receipts or documentation – these definitely cause stress and chaos

To create a calmer approach to 30 June; review all necessary receipts and documentation now so that you can present your accountant and the Tax Office with a complete set of documents to substantiate your claims and support your record keeping.

2. Review your financial positioning – If your profit and loss statements are unbalanced there’s a very good chance you are too.

The difference between good bookkeeping and excellent book keeping is balance… in the numbers in your profit and loss and business and credit card bank accounts. Don’t forget to check if the interest on the car hire purchase and business loans is separate from the principle. Are they fully reconciled and all transactions recorded accurately and completely? If not, go to point #1! This is the best time of year to do a stock take and write off any obsolete stock. Check the integrity of accounts receivable and accounts payable and write off any uncollectable debts before 30 June. If none of this makes sense – talk to your accountant A.S.A.P.

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