Australian Business Podcast Wheelie bin expansion, personal services income & the importance of focus
In this Australian Business Podcast episode, Owen Rask, Jordan Kidis and Danil Goloubev talk about personal services income and how to scale a potential franchise.
Topics discussed this on the Australian Business Podcast include:
- The power of gifting the right book to a business owner
- The importance of focus
- Blinkest or Headway: get through your books
- A Wheelie Bin franchise or licence model?
- Using director loans to buy property, and
- Personal services income versus personal service business
Resources you'll love
- Rask Invest - Invest with Owen: https://bit.ly/R-invest
- Mortgage Broking: https://bit.ly/broke-rask
- Financial Planning: https://bit.ly/R-plan
- Property Coaching: https://bit.ly/R-P-coach
- 100-point property checklist (PDF): https://bit.ly/prop-check
- Accounting with Grey Space: http://bit.ly/3DG5lWS
- Business Coaching: https://bit.ly/o-coach
- Ask a question: https://bit.ly/3QtiY00
Click here send Jordan, Danil and Owen a question to answer on air. Just select “The Australian Business Podcast” when prompted: https://bit.ly/3QtiY00
Resources:
Lots of resources
Director loans: https://www.ato.gov.au/business/private-company-benefits---division-7a-dividends/
Personal Services Income: https://www.ato.gov.au/business/personal-services-income/
Ask a question: https://bit.ly/3QtiY00
Grey Space website: http://bit.ly/3DG5lWS
Free business course: https://bit.ly/rask-biz-course
Owen Rask's business coaching: https://bit.ly/coach-owen
INFORMATION WARNING!
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.
Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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