Running a business can feel like being the ringmaster of a three-ring circus. With all the plates you're spinning, it's easy to overlook one crucial act: investing to grow wealth. That's why we're sharing insights on different investment strategies for business owners, including finding the right investment manager to help you, who gets the unique challenges and opportunities that come with being a busy business owner.
So here are our top 4 investment tips for business owners feeling a little at sea when it comes to the management of their private investments.
Tip 1: Find the Balance Between Investing in Your Business vs Equity Markets
A challenge for business owners is striking the balance between reinvesting in their business for growth and enjoying the fruits of your labour through personal investment opportunities. Good investment managers understand the intricacies of entrepreneurship and take a holistic view of your business and life to help you make decisions.
Experienced investment managers understand that timing is everything, and pulling out excess capital for personal use or investing in equity markets requires a thorough analysis of everything from tax considerations to forecasted returns.
Tip 2: Control of Your Investments with Easy-Access Portals
As a business owner, you're accustomed to being in control. Your investment journey should be no different. Online investment portals provide you with the daily control you desire. Make sure you have instant access to your portfolio's valuation, estimated income, and returns.
Transparency empowers you to make informed decisions on the go, keeping you connected to your investments while spinning those business plates.
Tip 3: Leveraging the Benefits of Equity Markets
As a business owner, property investment strategies can be a key part of your financial strategy. But equity markets offer distinct advantages, such as the use of franking credits at tax time, which can lead to significant tax savings.
Dividends can also provide extra income to invest in future business or personal wealth growth. An investment manager well-versed in various investment strategies can guide you through capitalising on these benefits, while diversifying your portfolio for long-term gains.
Tip 4: Flexibility and Accessibility
The world of business is dynamic, and your financial needs may change at a moment's notice. Your investment manager should be adaptable to your shifting requirements. At BlueRock, we offer the flexibility of no lock-in contracts, allowing you to access your funds when needed.
Whether you require capital for a new business venture or personal expenses, a quick sell instruction can ensure the funds are in your bank account within two business days.
Talk to our Investment Managers About Your Unique Needs
Entrepreneurs, we see you. You pursue freedom and set yourself big goals to achieve it. We're here to help you get there.
Choosing an investment manager who understands the intricacies of your entrepreneurial journey can provide tailored solutions that empower you to achieve your business and personal financial goals. Get in touch if you’d like to discuss diversifying your wealth and investment strategy so you’re on track for a strong financial future.
Disclaimer: The information in this article is intended as general information only and should not be considered as advice on any matter and should not be relied upon as such. This information has been prepared without taking into account any individual objectives, financial situation or needs. You should therefore consider the appropriateness of the information before acting or seek advice before making any financial decisions.
