Consulting is the business of providing advice to firms in trouble, on the move, or trying to do what they do better, faster, and more cheaply. A career as a consultant provides some unique challenges that are not experienced by salaried employees due to the more transient nature of a Consultants work and cash flow.
Lifewealth can help you with:
- Budgeting and managing your cash flow and the impact of irregular incomes streams and lump sum payments.
- Structuring your business in a tax effective manner and helping you to understand the PSI rules.
- Ensuring risk is appropriately managed by arranging comprehensive insurance protection.
- Establishing companies and/ or trust structures to protect assets in the event of litigation.
- Use surplus cash flow to diversify your investments and asset base to provide other passive income sources.
- Integrating tax-planning with any Investment strategy including superannuation advice to optimise post tax outcomes.