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Types of partnerships

Types of partnerships

There are three types of partnerships. The partnership type you choose will depend on what best suits the partners involved.  General Partnership (GP) All partners involved will be equally responsible for the management of the business. Each member has unlimited liability (personally liable) for the debts and obligations that the…

Customer service strategies to avoid liability lawsuits

Customer service strategies to avoid liability lawsuits

Implementing these customer service strategies will help your business avoid liability lawsuits Conduct follow-ups during the project During a project, both you and the client can get busy with running the business and making sure everything goes to plan. This means that your client may not have the time to…

SMSF Pensions

SMSF Pensions

SMSF funds can provide pension or lump sum benefits during retirement. Retirement is a condition of super release if you have reached your preservation age. Depending on your date of birth, your preservation age will be between 55 and 60. The benefits from your super are tax-free once you are…

Stay on top of your credit cards

Stay on top of your credit cards

The following are some tips which will make it easier for you to stay on top of your credit card payments so that you can worry less and save more.  Pay on time Check when your credit card due date is and plan your spending so that you can always…