Author: Phil BirchInspiration for this article comes predominantly from something I read in the finance papers earlier this month. It was an article on greed: specifically the greed of the modern banker and focused on two aspects of this high profile phenomenon. The writer provided the short account of the process he encountered in attempting to raise funding in the early 1990s for a new business venture. I too did this. My own experience...more
Theres a lot to do when setting up a self managed super fund properly. Here is a simple guide so that you leave no stone unturned when taking control of your SMSF.Obtaining a Trust DeedA trust deed is a legal document that outlines the rules for establishing and operating your fund. Together with the superannuation laws, this forms the funds governing rules and should detail the following information:The powers, duties and responsibilities of...more
In an economy where many things are uncertain and returns arent as high as they used to be, many people are looking at their options when it comes to superannuation. But when it comes to managed or self managed super funds, what are the differences?Managed FundsCorporate (the fund your employer uses to pay your super), industry or retail funds have long been the norm for many people, trusting that when it is time to retire there will be a healthy little nest egg sitting there, just waiting to be enjoyed. But, like anything, there are two sides to every story.The ProsIt takes little attention from your end to manage the fund (if any at all)The managed super fund looks after all of the legal requirementsManaged super funds have been around for yearsA professional is responsible for a huge chunk of your moneyThe ConsA managed fund is based on a bull market if it falls over, your superannuation fund will sufferYou cant manage the performance of your fund, nor can you diversify itYou cant control where your money is invested your super is exposed to the investment strategy of the managed fundSelf Managed Super FundsWhen you decide to take on your own super and manage it yourself,...more
Purchasing Managed IT Services When your IT staff is constantly bogged down with security management, server administration and data backup, its time to invest in Managed IT Services. Designed for companies who want to focus on business-related tasks rather than mundane technical operations, IT management frees up your staff for more...more
Theres been a lot of buzz around self managed super funds, but what are they all about? Many people are weighing up their options and now more than ever are considering taking control of the biggest asset they have (besides their home). Here we discover the key factors that are making SMSF so popular.Reduce Your Super FeesWhen it comes down to...more
Water, water everywhere, not a drop to drink. Well, in this case, when the poet, was on the boat, amidst the vast expanse of sea, he faced the only problem of finding drinking water. But trust me, a lot more problems can arise if you do not take care of certain technical aspects of the boat. One such aspect is marine tubing. Marine tubing is like the life line of the boat. It refers to the network of marine hoses within a boat, for proper circulation and disposal of fluids and gases. It is the only medium through which all other critical equipments like wires and cables are connected, serviced and protected. The conveying of the boats all kinds of fluids, vapors and gases takes place only through marine tubing. Essentially, the only part which has a more encompassing effect on the boat than the operation and safety of marine tubing is the integrity of the boats hull. However, if one thinks about it, marine tubing often connects the holes in the hull, and acts as an extension of the hull into the boat. Hence, the integrity of the marine hoses is almost as important as the hull.Not having sound marine tubing with standard quality marine hoses can have serious repercussions on your...more
Hoses are one of the most important accessories for both domestic and industrial purposes. But what is more important is to have a good quality hose. At our homes, we immediately freak out if water stops passing through the garden hose or the shower...more
Any company engaged in manufacture of dairy products must be very careful in setting up their network of dairy hoses because the product that has to pass through them, ultimately, goes on to be consumed by people. They should purchase dairy hoses...more
With Christmas coming up, now is the perfect time you should be thinking of the giving of corporate gifts from your company. Christmas is a great time to not only show your appreciation to your clients and staff alike and a wonderful time to reaffirm...more
PVC hoses are flexible tubes used for conveying liquid, semi- liquid and gaseous substances. Their shapes, sizes and constituent compounds vary according to the kind of substance that has to be conveyed through them. For inflammable substances like...more
It is the perfect time you should be thinking of the giving of corporate gifts from your company with Christmas coming up. It is a useful time to reaffirm your corporate image, besides showing your gratitude to your clients and staff alike. To simply...more
Working Smarter with Chicago ColocationIf youve outgrown web hosting, consider bringing the power of Chicago colocation to your company. With colocation, a secure, staffed facility retains your server, giving you the opportunity to free up technical...more