Menu
   SECURE CLIENT PORTAL
   MACLEAN NEWS & UPDATES
Tax Checklist
2020 - Tax Checklist
To assist in completing your tax return, we have a checklist that will help you with what you need to provide us. Find out more
Virtual Tour
- Virtual Tour
Take a tour and explore our office Find out more

Achieving financial freedom

 

When you started in business, what did you imagine your lifestyle would be?  How does your current lifestyle compare?

Many business owners assume that after a few years in business they should be able to achieve another financial milestone such as buying a house, upgrading the car or taking the family on an epic holiday.  Reality may be different.

Is financial stress common in your business?
You invested a significant amount of cash in the early days with the aim of getting a great return on your investment.  Perhaps you're busy focusing on profit, assuming that will mean more money in the bank, when what matters even more is cashflow.  After all, you need enough cash to pay your team and suppliers, invest in new business assets and pay yourself.

Achieving financial freedom means having enough money for you to live your desired lifestyle.  We can help you understand the difference between profit and cashflow and help you implement strategies to improve your cashflow so you will have more money in the bank - both the business's account and your own!

What does financial freedom look like for you?
It might mean paying off the mortgage early, taking an extended holiday, or just having financial security in retirement.  First, you need to define what you want financially from your business.

How much money does your business need to provide to you so you can live your desired life?  Start with what you want over the coming 12 months.  We can then help you break this down, so you know the revenue and sales targets you need to achieve to hit the magic number. 

We will then help you develop a plan, so you know the actions you must take to achieve your targets.  We can even hold you accountable to completing these actions so you achieve your overarching financial goals and desired lifestyle.

What will your lifestyle look like in 12 months if you continue with business as usual?
Compare this to what your lifestyle would look like if you implement a plan, with clear targets, and accountability to ensure you achieve your goals.  Get in touch and try something different this year!

"Real wealth is not about money...real wealth is about freedom." - James Clear

Back to Articles & Guides

5ways
Sign Newsletter
What our clients say...
  • "I've known Ross for many years and his team continues to deliver good, wholesome country service" - Read more
    - Kym Westcott, Paleo Cafe
  • "Maclean Partners are very knowledgeable accountants who are always attentive and keen to learn more about how to improve our business. John and his team offer sound advice about tax and general accounting, as well as helping structure and manage the financial aspects of the business to our advantage". - Read more
    - Tony Pascoe, NQ Foot and Ankle
  • "We've worked so hard over the past 10 years to get the business to where it is and sometimes you can't see the forest from the trees. Thanks to the Maclean Partners and the 90 Day Business Challenge, I found each module so helpful and the self-paced online aspect combined with the face to face coaching and workshops worked really well for us. - Read more
    - Nelly Evans,Powdercoat Select
  • "Nelly (my wife) told me she had signed up for some business training and I told her it was a waste of time and money. I wasn't interested in doing it at all because both our businesses are firing on all cylinders, but to show her support, I went along to the first workshop and I was impressed. Nelly and I have been doing a lot of talking, but we realised that we never had the right mindset to take action. - Read more
    - Glenn Evans, The Fencing Factory
Logo Logo Logo Logo Logo Logo