Lawrence Group

May 16, 2020
What is a self managed super fund vs. a standard superannuation fund

What is a self managed super fund vs. a standard superannuation fund?

Employees automatically have contributions made to their super fund by their employer, but if you’re self-employed that responsibility falls on your own shoulders. In Australia there
May 15, 2020
Profit Margin vs Markup Whats the Difference

Profit Margin vs. Markup: What’s the Difference?

Margin is how much profit you get from a sale. Or in other words: revenue minus cost of goods. It is usually calculated as a percentage
May 15, 2020

Asset Protection Strategies – How to Protect Your Wealth

When you’re a business owner or company director, many things can go wrong. And when they do, your assets – both business and personal – are
March 13, 2020
What are the Benefits of Financial Planning

What are the Benefits of Financial Planning?

Consider for a moment, if you want to achieve a goal, but don’t think about the practical steps you need to take in order to get
February 16, 2020
How to reduce your outstanding invoices

How to Reduce your Outstanding Invoices

A healthy cash flow is crucial for every business. So when you’re having trouble getting your customers to pay outstanding invoices, it can be extremely stressful.
January 16, 2020
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How to set 90 day business plans

It is well known that in order to run a successful business you need to set goals. While annual or five-year goals are very important, they
January 2, 2020
Do you know your superannuation obligations

Do you know your superannuation obligations?

If you employ people in your business, you are obligated to make payments on their behalf into a superannuation fund. Recently, the Australian Taxation Office (ATO)
December 27, 2019

Your Insolvency Options Depend on Your Level of Debt

An insolvent business is one that is unable to pay its debts on time, but it isn’t always clear whether the situation can turn around, or
December 2, 2019

Business strategies for economic downturn

No one likes to think about an economic downturn, especially when things are going well. But the unfortunate truth is that it’s inevitable: the economy goes
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