If you want to start a farm but you don't have the cash, it's time to discuss loan options. You might not realise it, but you can get a loan to start your own farm. If you're not sure what type of farm you can buy with your loan, read the list provided below. Here are four different types of farms you can invest in when you take out a farm loan.

When it comes to a list of expenditures that a typical Australian has to account for in any given year, it's not surprising that taxation frequently appears at the top. Of course, for many people this is deducted "at source" so they never effectively see it, but for small business owners, it's absolutely an expense they need to regulate and control as much as possible. While many people may seem resigned to losing a chunk of their revenues in this way, others understand that with careful planning they can mitigate the effect on their financial lives.

If you operate a small commercial business, sooner or later you will encounter a bad debt. A bad debt occurs when you have invoiced a client and recorded the income but then the customer fails to make payment. As well as being very annoying, bad debts can have a severe impact on your cash flow. Below is a guide to 4 steps you can take which will help you to deal with bad debts.

Business insurance can be essential when disaster strikes, and to protect their assets, most business owners invest in liability coverage, commercial fleet insurance and policies that cover specific capital assets. Unfortunately, at the same time, many business owners forget to prepare for the very worst. Namely, what happens if you or one of your employees dies? What happens if you have to close down the business? To prepare for these scenarios, you may want to consider the following three types of coverage.

If you are preparing your tax return and are alarmed to see you owe the tax office a large amount, it might be time to start seeing a financial adviser. Here are some of the ways that a financial adviser can improve your tax effectiveness. Optimise your debt Debt that is used for investment purposes, such as a mortgage over an investment property or a margin loan over a share portfolio, has tax deductible interest payment whilst debt on credit cards or a loan for the family home is not tax deductible.