“She just did not want to be liable if he defaulted, a common regret felt by those who stand surety for defaulting debtors” In the beginning….. You are totally relaxed. The bank won’t give your son/daughter/spouse/partner/company/friend a loan unless you sign surety and, as always, it seems perfectly safe at the time. So you ask […]
Signing Surety – The Sting’s in the Tail Read More »
Recent legislation has been passed which obliges trustees of sectional title schemes to set up a reserve for repairs, maintenance and asset replacement of the common property. This is in addition to the current administration requirement to cover future operating expenses. If you are involved with bodies corporate you need to pause and consider this
Sectional Title Owners Beware: Your Body Corporate Must Have Adequate Reserves Read More »
“A fox knows many things, but a hedgehog one important thing” (Ancient Greek poet Archilochus) Looking into the future is one of the most important aspects of business. We all want to know the business is sustainable and so we do budgets and strategic plans to maximise the organisation’s future performance. Just how accurate are we when forecasting? This is
In 2017 there’s No Place for Hedgehogs When Forecasting Read More »
“When you’re chewing on life’s gristle, Don’t grumble, give a whistle! And this’ll help things turn out for the best And always look on the bright side of life!” Lately, all we seem to get is depressing news – potential ratings downgrade, declining employment, corruption scandals and escalating protests. Despite this good things continue to
There’s Plenty of Good News Out There Read More »
