Businesses will face liquidity pressures and banks may remain reluctant to offer loans, as questions are raised over the Coronavirus Business Interruption Loan scheme (CBILS). “The focus of the discussions we’ve been having with clients has been very much on the Coronavirus Job Retention Scheme, where the worry is that it is still not paying […]
Why More Emotion – Not Less – May Be Needed To Make More Rational Financial Decisions
Executive Summary With the recent market turmoil driven by the coronavirus pandemic, people around the world are understandably worried not only about the safety of their loved ones but also about the status of their life savings. In turn, financial advisors are working hard to help their clients think about (sometimes substantive) mid-course corrections to […]
B Corp Certification: Your Complete Q&A
Many businesses may want to help build a better economy, society, and environment, but some make it a priority. If you own a business that prioritizes the common good, consider applying for B Corp certification. So, what are B Corp companies? Learn more about this relatively new certification to find out if it’s something you […]
#FASuccess Ep 170: Eschewing The Industry’s ‘Growth Imperative’ And Crafting Your Advisory Business With Intention Instead, with Patrick Tucker
Executive Summary Welcome back to the 170th episode of Financial Advisor Success Podcast! My guest on today’s podcast is Patrick Tucker. Patrick is the founder of True Measure Wealth Management, an independent RIA based in Omaha, Nebraska, that oversees nearly $150 million of assets under management for 89 client families. What’s unique about Patrick, though, is […]
3 ways to optimise your online store and make more sales!
Converting visitors into customers is essentially your sole mission when running an online store. You weren’t born yesterday and, of course, you knew this. But have you thoroughly and forensically examined your website and business model to ensure the best chances of making money at the checkout? Are you sure there is nothing more you […]
Australia just threw a $130 billion lifeline to employers. Here’s what to do next
The JobKeeper stimulus program just announced by the Australian government will help small businesses retain staff amid the COVID-19 slowdown. Read on to find out whether your business qualifies, what steps to take, and when you’ll see payment. Note that the details and specifics of JobKeeper will become clearer over the next few days. We’ll […]
Crafting A Communications Matrix To Refine Client Investment Communications For Stronger Relationships
Executive Summary Building strong client relationships is a high priority for all financial advisors, and one of the most effective tools for establishing and strengthening relationships is good communication skills. Yet, for many financial advisors, actively designing a good communication strategy to put to use with clients is not always an obvious exercise topping their […]
Xero Tax is now live
In these times of uncertainty, we’re adapting to ever-changing situations, and we’re truly grateful to have great teams collaborating to support you and your clients. As always, we’re committed to providing tools and resources that can make things easier for you – and that’s why we’re pleased to announce the launch of Xero Tax to […]
4 ways to manage your cash flow with customer credit limits
One of the biggest issues facing small businesses globally is poor cash flow. Even before COVID-19, industry data showed that the majority of businesses who close their doors cite cash flow issues as the main reason. A Xero report published in June 2019 also showed that 30% of small business owners fear they don’t have […]
UK payroll year-end: What’s changing this year
We recognise that completing year-end will be more challenging this year as businesses are managing the impacts of COVID-19. We’ve built a guide for completing your year-end in Xero, but also wanted to make it easier for you, by highlighting the up and coming changes all in one place. Managing COVID-19 Statutory Sick Pay We […]