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Step Ahead, the business succession planning issue

Stay a Step Ahead!

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Without a well-developed exit plan it is likely you will only obtain a portion of what your business is worth. To help you obtain what is rightfully yours we have provided a series of articles in this newsletter and are also running a seminar this Thursday 18th August. This is an event not to be missed by anyone who owns or is a partner in their own business. See below for details and to RSVP.

Have a wonderful day!

James McFall and the team at Yield.
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Business Partnership Agreements

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Read more

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What is exit planning?

<class=”null” style=”margin: 0;padding: 0;display: block;font-family: Tahoma, Verdana, Segoe, sans-serif;font-size: 13px;font-style: normal;font-weight: normal;line-height: 125%;letter-spacing: normal;text-align: left;color: #606060 !important;”>Have you started to ponder your retirement, picturing what life may look like after running a business? With a huge number of baby boomers reaching retirement age there is an increasing number of small to medium-sized enterprises considering future sale. It is more important than ever to start thinking about exit planning. But what does exit planning really mean — and where can you begin?

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How to build value in your business

<class=”null” style=”margin: 0;padding: 0;display: block;font-family: Tahoma, Verdana, Segoe, sans-serif;font-size: 13px;font-style: normal;font-weight: normal;line-height: 125%;letter-spacing: normal;text-align: left;color: #606060 !important;”>You may find it interesting that around two-thirds of business owners do not know the value of their business. It’s fascinating that many business owners will know the value of their home, but not the value of their business, which may well be their most valuable asset. And then if you don’t know what your business is worth its going to be hard to know how to increase its value!

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Case Study: Business Partnership Insurance

We go behind the scenes into a real business partnership. Read this case study from Yield clients that shows how having the right insurance has helped their business.

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Join us at our complimentary Business succession planning seminar on Thursday 18 August

<class=”null” style=”margin: 0;padding: 0;display: block;font-family: Tahoma, Verdana, Segoe, sans-serif;font-size: 13px;font-style: normal;font-weight: normal;line-height: 125%;letter-spacing: normal;text-align: left;color: #606060 !important;”>We would like to extend an invitation to our next seminar where we will be focusing on business succession planning. Greg Johnson is a thought leader on maximising business value and creating successful exit strategies for SME business owners. Greg is joining us on Thursday 18th of August and we’re excited to hear about his mission is to educate business owners across the country about the importance of being ‘sale ready’. Registration is free but spaces are limited and there has been a strong take up to date. RSVP now so you don’t miss out.
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High fives

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“We were so impressed with Prashant. He really does care about his clients. No questions are silly and he was great at explaining things in a way we could understand. We could tell it was important to him that we actually really understood our options and he kept us in the loop at every stage. The whole team at Yield were great too — always approachable, respectful and prompt.”

– Tanja

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Click here to find out what our other clients are saying.

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Thursday 18 August
RSVP: http://bit.ly/29XlafA



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© Yield Financial Planning 2016, All rights reserved. Yield Financial Planning ABN 93 378 061 533.
Corporate Authorised Representative 428640 of The Advice Exchange Pty Ltd | ABN 55 107 629 194 AFSL No. 278937.
The information provided is general in nature and should not be relied upon before making a decision to invest, or not invest, in a financial product.

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About Yield - Financial Planner Melbourne

Who we serve – We help time poor professionals and business owners who intuitively know they should be doing more to improve their financial position and are seeking an expert to guide them on financial planning strategies. Our clients want personalised financial planning advice and to feel empowered and confident that they can achieve a secure transition to retirement.

What we do – We gain a deep understanding of your current financial position and preferences, what you value and want to achieve. We then help you develop a highly personalised financial plan, to show you how to make your money work harder for you. Ongoing we regularly monitor and measure progress against your plan projections, to show you how you’re tracking and help you manage change to your advantage.

How we do it – We apply our proven expertise in investment markets (Shares & Property), Tax and Debt structuring, Retirement Planning, Risk management and Estate planning, to help you reorganise the way you use your money to achieve your desired outcomes.