Financial FOFU Sarah Eifermann and Trudi Cowan

Most of us know we have a credit rating, but do you know what it is for or how it is calculated? In this episode Sarah and Trudi unpack all things credit ratings. They work through who calculates the ratings, who uses them and
most importantly what types of things can impact on your having a good or bad rating! They will also talk about the importance of business owners understanding not only their own credit ratings, but that of large customers or
customers to whom they lend money or equipment. This is the episode to listen to ensure you have the credit rating you need when you need it.

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Just two industry experts having a friendly chat and sharing our knowledge. We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics. This is a safe space to ask questions and hear useful info on financial matters.

Read more about FOFU here and check us out online here

And, if you'd like to leave us a message, or suggest a topic, you can do so here 

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DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the
podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances


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Send in a voice message: https://podcasters.spotify.com/pod/show/financialfofu/message

No business owner can “do it all”. So when is it time to call in the experts and how do you know which one? Sarah and Trudi unpack this in their latest episode where they talk about the importance of using experts within your business, and making sure you don’t leave it too late to call them in. They discuss some of the reasons you might use an expert and why isn’t not always in your best interests to do everything yourself. And as always, they touch on the importance of planning within your business and how these plans can ensure you get it right when it comes to using the experts.

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Just two industry experts having a friendly chat and sharing our knowledge. We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics. This is a safe space to ask questions and hear useful info on financial matters.

Read more about FOFU here and check us out online here

And, if you'd like to leave us a message, or suggest a topic, you can do so here 

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DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the
podcast owners, and we recommend you see independent suitable advice that is specific to your unique circumstances

 


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Send in a voice message: https://podcasters.spotify.com/pod/show/financialfofu/message

You’ve heard us mention it, but this week we dive deep into the Better Business Owners Course. The course designed to build your business confidence and mindset. Sarah and Trudi will take you through the course content and structure (tip, you can just do the modules that suit you best!)  as well as who the course is targeted at and why they think all business owners should do it. So, if you are feeling overwhelmed by paperwork, quotes and constant work hours take a little time out to listen to how this course can help you have a business that operates
seamlessly, allowing you the chance to enjoy life beyond work!

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Just two industry experts having a friendly chat and sharing our knowledge.

We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics.

This is a safe space to ask questions and hear useful info on financial matters.

Read more about FOFU here and check us out online here

And, if you'd like to leave us a message, or suggest a topic, you can do so here 

-----

DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the
podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances


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Send in a voice message: https://podcasters.spotify.com/pod/show/financialfofu/message

PSI/PSB- professional profits

Personal services income (PSI) is an often misunderstand tax rule requiring individuals that earn more than 50% of their income from personal skill and effort to be taxed as if they were an employee. In this episode we walk through the, sometimes complex, rules around who is subject to the Personal Services Income rules. Sarah and Trudi will take you through the various tests that can exempt you from the PSI to treat you as a Personal Services (PSB) and some of the complexities around applying these tests. If you earn your income from your labour (as opposed to product) this is a must listen to episode to ensure that you are aware of the rules that potentially apply to you.

More info: https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/personal-services-income

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Just two industry experts having a friendly chat and sharing our knowledge. We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics. This is a safe space to ask questions and hear useful info on financial matters.

Read more about FOFU here and check us out online here

And, if you'd like to leave us a message, or suggest a topic, you can do so here 

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DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the
podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances


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Send in a voice message: https://podcasters.spotify.com/pod/show/financialfofu/message

Do you have employees? If so, then this is a must listen episode for all things employee entitlements. Sarah and
Trudi run through the various types of leave and other entitlements available to employees. They also touch on some tips on keeping up to date with FairWork changes and ensuring your employees have access to the policies
applicable to your business.

Email updates: https://www.fairwork.gov.au/about-us/contact-us/subscribe-to-email-updates

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Just two industry experts having a friendly chat and sharing our knowledge.

We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics. This is a safe space to ask questions and hear useful info on financial matters.

Read more about FOFU here and check us out online here

And, if you'd like to leave us a message, or suggest a topic, you can do so here 

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DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the
podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances


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Send in a voice message: https://podcasters.spotify.com/pod/show/financialfofu/message

Tax debt is one of the biggest cash flow issues that many
small businesses face. In this episode Sarah and Trudi talk about the most common types of tax debt that arise in business and work through how you can change your mindset around these taxes. They also take us through the various ways to both prevent having tax debt related cash flow issues and how to deal with it if you find you can’t pay on time. If you have ever had to stop and think “how will I pay the ATO” then this episode is for you!

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Just two industry experts having a friendly chat and sharing our knowledge. We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics.

This is a safe space to ask questions and hear useful info on financial matters.

Read more about FOFU here and
check us out online here

And, if you'd like to leave us a message, or suggest a topic, you can do so here 

-----

DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances

 




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Send in a voice message: https://podcasters.spotify.com/pod/show/financialfofu/message