Australian Business Podcast

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/3QtiY00Resources:Lots of resourcesDirector 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/3QtiY00Grey Space website: http://bit.ly/3DG5lWSFree business course: https://bit.ly/rask-biz-courseOwen Rask's business coaching: https://bit.ly/coach-owenINFORMATION 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of The Australian Business Podcast, Owen Rask and Jordan Kidis conduct their first interview with property owner, Alexander.This is the first episode of new series where we hear from you.For Alexander's first appearance, we talk about: The Midcoast Yard Services business model How Alexander prices and markets his products Tools and resources he has learned to grow his business How he manages to turnover $1,000 per week... while studying His future growth plans Stay tuned for the next episode with Alexander because Jordan and Owen will be presenting their ideas and strategies to help him scale his business.If you want to be part of The Hustle, tell us about your business. Use the 'Ask a Question' link in the show notes.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 Business Coaching: https://bit.ly/o-coach Accounting with Grey Space: http://bit.ly/3DG5lWS Ask a question: https://bit.ly/3QtiY00 GET IN TOUCH (below)Ask a question: https://bit.ly/3QtiY00Grey Space website: http://bit.ly/3DG5lWSFree business course: https://bit.ly/rask-biz-courseOwen Rask's business coaching: https://bit.ly/coach-owenThis Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course!If you liked this episode, don’t forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey.Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the “Ask a question” menu link on the Rask websites, or leave your questions in the Apple Reviews.✅ Grey Space Advisory – accounting today for a smarter tomorrowDo you get stuck worrying about your business’ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check.Jordan and Danil’s expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this — for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you.☕️ Rumble Coffee Roasters — our OG sponsor & coffee genius!Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you. ***The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices

Charlie Munger says, "tell me where I'm going to die and I won't go there". This episode is about helping you avoid disaster, such as your business dying -- like the thousands of businesses which go down every year.In this Australian Business Podcast episode, Owen Rask, Jordan Kidis and Danil Goloubev share 3 ways your business will die: Taking too much cash out of the business Following silly ideas and phrases such as "You gotta spend more to make money" 🤦‍♂️ A failure to plan, is a plan to fail. In addition to covering these three topics, and answering your questions, Jordan and Danil blow Owen's mind by explaining how it might be possible to use a director loan to buy a property!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 Business Coaching: https://bit.ly/o-coach Accounting with Grey Space: http://bit.ly/3DG5lWS Ask a question: https://bit.ly/3QtiY00 Say g'day here 👇Ask a question: https://bit.ly/3QtiY00Grey Space website: http://bit.ly/3DG5lWSFree business course: https://bit.ly/rask-biz-courseOwen Rask's business coaching: https://bit.ly/coach-owenThis Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course!If you liked this episode, don’t forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey.Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the “Ask a question” menu link on the Rask websites, or leave your questions in the Apple Reviews.✅ Grey Space Advisory – accounting today for a smarter tomorrowDo you get stuck worrying about your business’ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check.Jordan and Danil’s expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this — for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you.☕️ Rumble Coffee Roasters — our OG sponsor & coffee genius!Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you. ***The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices

Australian Business Podcast co-hosts Jordan Kidis and Danil Goloubev host episode 4/4 from the mini-series of business structuring. In this episode of the series we will cover all things companies.Send us any structure related questions using the link below!What you'll learn:- Definition of a company structure- Setting up a company- Governance structure- Advantages & challenges- Tips for running a companyClick here send Jordan, Danil and Owen a question to answer on air. Just select “The Australian Business Podcast” when prompted: https://bit.ly/3QtiY00Resources 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 Business Coaching: https://bit.ly/o-coach Accounting with Grey Space: http://bit.ly/3DG5lWS Ask a question: https://bit.ly/3QtiY00 GET IN TOUCH (below)Ask a question: https://bit.ly/3QtiY00Grey Space website: http://bit.ly/3DG5lWSFree business course: https://bit.ly/rask-biz-courseOwen Rask's business coaching: https://bit.ly/coach-owenThis Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course!If you liked this episode, don’t forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey.Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the “Ask a question” menu link on the Rask websites, or leave your questions in the Apple Reviews.✅ Grey Space Advisory – accounting today for a smarter tomorrowDo you get stuck worrying about your business’ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check.Jordan and Danil’s expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this — for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you.☕️ Rumble Coffee Roasters — our OG sponsor & coffee genius!Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you. ***The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices

Owen Rask shares 5 of his SEO secrets that any business can use to grow online, including how to optimise blog posts, upload new files, images, podcasts and content. Plus, Jordan shares why it's important to avoid cold-calling SEO emails and much more.Click here send Jordan, Danil and Owen a question to answer on air. Just select “The Australian Business Podcast” when prompted: https://bit.ly/3QtiY00Lots of resourcesAsk a question: https://bit.ly/3QtiY00Grey Space website: http://bit.ly/3DG5lWSThe information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.GET IN TOUCH (below)Ask a question: https://bit.ly/3QtiY00Grey Space website: http://bit.ly/3DG5lWSFree business course: https://bit.ly/rask-biz-courseOwen Rask's business coaching: https://bit.ly/coach-owenThis Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course!If you liked this episode, don’t forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey.Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the “Ask a question” menu link on the Rask websites, or leave your questions in the Apple Reviews.✅ Grey Space Advisory – accounting today for a smarter tomorrowDo you get stuck worrying about your business’ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check.Jordan and Danil’s expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this — for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you.☕️ Rumble Coffee Roasters — our OG sponsor & coffee genius!Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you. ***The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices

Australian Business Podcast cohosts Jordan Kidis and Danil Goloubev will discuss the essentialtypes of software you need in your business.What you'll learn:  Accounting software Payment Collection Productivity tools Workflow tools Marketing software📧 Head over here send Jordan, Danil and Owen a question to answer on air. Just select “The Australian Business Podcast” when prompted: https://bit.ly/3QtiY00👀 New here? Subscribe for weekly shows! Subscribe to the Australian Business Podcast on all major platforms. We release episodes weekly!💻 Grey Space website: http://bit.ly/3DG5lWSThe information on this website and in our podcasts is general financial, tax and legal information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser, lawyer or accountant who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this question-and-answer episode of The Australian Business Podcast, your co-hosts Jordan Kidis and Danil Goloubev tell you what to look for when rewarding your staff with equity in a business. How do I get investors in my business when the banks say no. What insurances do I need in my business?📧 Head over here send Jordan, Danil and Owen a question to answer on air. Just select “The Australian Business Podcast” when prompted: https://bit.ly/3QtiY00👀 New here? Subscribe for weekly shows! Subscribe to the Australian Business Podcast on all major platforms. We release episodes weekly!💻 Grey Space website: http://bit.ly/3DG5lWSThe information on this website and in our podcasts is general financial, tax and legal information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser, lawyer or accountant who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Australian Business Podcast co hosts Jordan Kidis and Danil Goloubev will discuss questions you should be asking your accountant. Often the relationship with your accountant is reactive, these questions will help you get on the front foot. Send us your questions below and we'll answer them during our weekly Q&A!What questions should you be asking?What tax planning strategies do you recommend for optimising my business's financial position?This question can help you understand the accountant's expertise in tax planning and their ability to provide proactive advice to minimise tax liabilities while staying compliant with tax laws.How can I improve my cash flow management, and what key financial indicators should I monitor regularly?This question focuses on the accountant's ability to provide insights beyond basic bookkeeping, demonstrating their understanding of cash flow dynamics and their capability to guide you on monitoring crucial financial metrics.What changes in the current tax laws or regulations could impact my business, and how can we stay ahead of them?This question shows that you are interested in staying compliant and up-to-date with the latest financial regulations. It also assesses the accountant's awareness of the current tax landscape and their commitment to keeping their clients informed.How can I optimise my business structure for tax efficiency and overall financial performance?Understanding the accountant's approach to structuring businesses for optimal financial outcomes can provide valuable insights into their strategic thinking and ability to tailor financial solutions to your specific needs.What technology or software solutions do you recommend for streamlining our accounting processes and improving efficiency?This question gauges the accountant's familiarity with modern accounting tools and technology. Their response can provide insights into their commitment to leveraging technological advancements for efficient financial management.📧 Head over here send Jordan, Danil and Owen a question to answer on air. Just select “The Australian Business Podcast” when prompted: https://bit.ly/3QtiY00👀 New here? Subscribe for weekly shows! Subscribe to the Australian Business Podcast on all major platforms. We release episodes weekly!💻 Grey Space website: http://bit.ly/3DG5lWSThe information on this website and in our podcasts is general financial, tax and legal information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser, lawyer or accountant who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Australian Business Podcast co hosts Jordan Kidis and Danil Goloubev will hold episode 3 of the miniseries of business structuring. In this episode of the series we will cover all things trusts. Send us through any structure related questions in the link below!What you'll learn:  An introduction to the legal structures of a trust Whos responsible for what The different types of trusts Some of the tax considerations The set up of a trust How they are used What are the benefits 📧 Head over here send Jordan, Danil and Owen a question to answer on air. Just select “The Australian Business Podcast” when prompted: https://bit.ly/3QtiY00👀 New here? Subscribe for weekly shows! Subscribe to the Australian Business Podcast on all major platforms. We release episodes weekly!💻 Grey Space website: http://bit.ly/3DG5lWSThe information on this website and in our podcasts is general financial, tax and legal information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser, lawyer or accountant who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Australian Business Podcast co-hosts Jordan Kidis and Danil Goloubev will hold episode 2 of the miniseries on business structuring. In this episode of the series, we will cover all things partnerships and joint ventures. Send us through any structure related questions in the link below!What you'll learn:  The different types of partnerships What goes into setting up a partnership Advantages of partnerships Disadvantages of partnerships What is a joint venture 📧 Head over here send Jordan, Danil and Owen a question to answer on air. Just select “The Australian Business Podcast” when prompted: https://bit.ly/3QtiY00👀 New here? Subscribe for weekly shows! Subscribe to the Australian Business Podcast on all major platforms. We release episodes weekly!💻 Grey Space website: http://bit.ly/3DG5lWSThe information on this website and in our podcasts is general financial, tax and legal information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser, lawyer or accountant who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices