Category: Financial Advise

Personal Services Income or Personal Services Business

Personal services income (PSI) is income generated primarily on account of an individual’s personal skills, effort or expertise.

Individuals can receive PSI in any industry. We mostly find this in IT consultants, construction workers, engineers and medical practioners.

The key …

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6 steps to build that home loan deposit when you’re your own boss

When you’re self-employed you know only too well, your income can vary each month and that makes saving up for a home pretty tough going. If you really want to show potential lenders you’re a good candidate for a home …

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Does your business have an Exit strategy?

The start to every successful business is making of a Business plan or in other words when to exit. A business plan / exit strategy answers a fundamental question of “ how much money the business owner requires to retire …

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