insight ca logo
Let’s Chat!
Insights /
The Standout personal risks for SME business owners all relate to planning for the future

The Standout personal risks for SME business owners all relate to planning for the future

Would you be able to manage financially if your income dropped by 15% for six months? Are you free from financial stress?

These are some of the personal risks that SME business owners are managing, to some degree.

Have you taken action to make yourself financially independent? This includes having a formal plan to achieve your financial and lifestyle goals; understanding what you need in assets, or net worth, to be financially independent; and maximising your superannuation returns.

Recent research shows the standout personal risks for SME business owners all relate to planning for the future. Would you agree?

Also, If you need an accountant in Auckland – feel free to reach out.

 

Share This

Insight CA Limited
Murray Phillips

About the Author

Murray Phillips is the founder of Insight CA and The Cash Out Catalyst. A former multinational CFO, Murray now works alongside established New Zealand business owners – bringing CFO-level thinking to businesses that have outgrown their accountant but aren’t ready for a full-time hire.

Related Posts

conversations
The conversations that should have happened five years ago
Almost every difficult conversation in an established business has a delayed-by-five-years quality to it.   The shareholder agreement that should have been redrafted. The trust structure that has been outgrown. The buy-sell…
owners
Why owners think clearer in January
There is a pattern I have noticed over the years that I do not hear talked about much.  The biggest strategic shifts in businesses like these do not happen in…
watching
What the banks are telling me they are watching
They are watching the IRD situation. Current tax position, repayment arrangements, history with the department. A business that is behind on tax, or in a repayment plan, or has a track record of…
Insight CA Limited

Is your business delivering you the cash flow you need and the discretionary time to enjoy it?

Download our checklist to see if your business is leading you toward financial freedom

I’m Ready
Insight CA Limited

Overwhelmed by your business and missing out on financial freedom?

Book a call – let’s find your path to success one insight at a time.

Book a FREE Discovery Call

SUBSCRIBE FOR ACCESS TO EXCLUSIVE CONTENT