What is your 2018 New Year’s Resolution for your Business?

Finally, the year of 2018 is upon us! In the last 12 months, there were highs and lows occurring for certain industries.

• The American online giant Amazon launched its full retail offering in Australia.
• The cryptocurrency Bitcoin once soared above the $17,000 mark and even the $19,850 mark, then tumbled.
• Latest data shows that debts across the country hit a record high of double household incomes and are still climbing, making it difficult for the Reserve Bank to raise cash rates.

What does this all mean to your business operational environments? How will the Government’s mid-year budget update potentially affect your wealth or income?

Business

It is not unusual for a business owner or investor to have concerns over the future prospect. And that’s why at this time of year it could be an intellectual option to review your business performances, whatever phase your business is at. You might want to start up or buy into new businesses, expand your current market share, or even exit the business due to either professional or personal reasons. With more than 20 years’ professional experience and reputation, we are confident to guide you through the Business re-structuring, Finance and Capital raising, Strategic planning, Business Valuation and M&A paths, so you can be hassle free.

Property

The year of 2018 is destined to be a milestone year for property investors. After several years of double digits’ climbing, the so-called cooling market will see some mixed results. On one hand, part of the full-load buyers will seek to restructure their loan exposure in pursuit of better mortgage rates or conditions, or dispose of some comparatively low performance investment properties to consolidate their financial positions; on the other hand, with the First Home Owner’s Grants incentives, first home buyers and well-prepared investors will take advantage of this temporarily flat market.

The 2017 Property Investor Sentiment Survey conducted by Your Investment Property Magazine asked the opinions of 2,250 Australian subscribers. Despite the property market moves to the next phase of the cycle, 61% of respondents still believe now is a good time to buy property and 51% of respondents even plan to buy another investment property within the next 12 months. What would be the best strategy for your specific cases in this situation? Seeking advice from our mortgage team before being bound by any purchasing contracts is very important.

Market

Besides, the 2018 Chinese New Year is approaching, and the Asian giant’s increasing appetite for Australian products show no signs of slowing down. If you have thought about tapping into the Chinese market for growth but at the same time have scratched your heads not knowing where to begin, now could be a good timing to contact us. With an award-winning team, diversified business clients, a solid Chinese market and cross-cultural management knowledge, we will make sure that your investment and wealth is in safe hands.

A better start to 2018! Help your business stay ahead of your competitors! This is our 2018 New Year’ resolution!

In the meantime, what is the New Year ‘s resolution for you and your business? Share your thoughts with us, so we can serve you better and weave brighter ideas for your Business and finance.