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OMNIBUSiness Newsletter December 2018

"The accomplished are those who know how to learn from their mistakes, not people who never make mistakes" - Julie Rains

We grace this issue with a reflection by business writer, Julie Rains. In her thought-provoking piece, she highlights the determined, resilient approach of notable achievers like Thomas Edison ("I have not failed. I've just found 10,000 ways that won't work"), Richard Branson and others.

Mistakes are a part of life, but learning from them is not always straightforward and many of us struggle to bounce back, to admit our failings and to reflect on the process and reduce the risk of repeating the same mistake again.

Failure is often championed as a critical step in the path to eventual success.

Rains highlights the advantages to be gained by taking time to consider our mistakes in light of the growth we need to make, and suggests asking ourselves questions like were my goals attainable, did I make accurate assumptions, did my strategies make sense and how organised was I?

As we rapidly approach the end of another year, it’s important to put some time aside to relook at the big picture – to reset our sights, ensure that our goals are well thought out, reasonable and attainable and to be grateful whilst things are good now in light of future uncertainty. Making time for this is an investment in our future.

If you'd like to talk about any of the information in this edition, please call us on 08 9380 3555.

Wishing all our clients and your families the very best for Christmas and a healthy, prosperous New Year!

Best wishes,

Justin Flavel
Managing Director, Omnis Group

Omnis Christmas hours
Our office will close over Christmas and New Year from midday Friday 21 December 2018 and will reopen on Monday 7 January 2019. Just let us know if anything requires our attention well before those dates. Wishing you a very happy, safe and summery Christmas!
Virtual Chief Financial Officer
Inaccurate or lacking financial information is a major cause of stress and concern for business owners and their families. You might benefit from having a Virtual CFO in your life. Read how we can help you get on top of your business in 2019.
Crowdsourced funding now live!
Crowd Sourced Funding Equity Raising for small proprietary companies is now available in Australia without requiring a proprietary company to convert to an unlisted public company. Read all about this exciting development!
Red tape removal saves small and medium business
Great news for a number of Omnis clients who will welcome increased thresholds removing them from financial reporting and audit requirements. Contact our team for any assistance or guidance with these new rules on your company. Read more (The Australian)
OMNIS CASE STUDY Structuring retirement planning reaps rewards
Ross led a varied and interesting career and he’s never done things by halves. So when it came to selling his mum’s home and finalising her estate, he felt it wasn’t a DIY matter. Read more
Black economy recommendations
Learn more about the focus on new measures that manage the growing cash economy in light of the Black Economy Taskforce and Federal Budget announcements, with two key recommendations outlined. Read more
Xero login changes
Xero login has changed with Xero two-step authentication compulsory from the end of October. That's because nearly all data breaches start with compromised passwords – and can be easily avoided. Read more
Google MyBusiness
Omnis Group Pty Ltd
1 Alvan Street, Subiaco WA 6008
p. 08 9380 3555   f. 08 9380 9515

ABN 13087542658​

The greatest compliment we receive from our clients is the referral of their friends, family and business colleagues. Thank you for your support and trust.

Disclaimer This newsletter is for information purpose only and does not constitute advice and does not take into account any of your objectives, financial situation or needs. Before you make a decision about whether to acquire a financial product, you should obtain and read the product disclosure statement. NEO Financial Solutions: AFSL 385845 ABN 64 141 607 098. Omnis Financial Planning Pty Ltd ATF OFP Unit Trust ABN 79331585748 is a Corporate Authorised Representative (ARN 1006949) of NEO Financial Solutions Pty Ltd AFSL 385845 ABN 64 141 607 098

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