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Leveraging Technology to Reduce Costs for a Financial Planning Business

In a Forbes survey of more than 800 financial advisers, about 75% of respondents recognised the importance of staying up to date with technological trends in order to provide exceptional service and maximise profits. The quality of financial tools is extremely important in the industry, as information needs to be accurate and secure. Whilst most [...]

Leveraging Technology to Reduce Costs for a Financial Planning Business 2019-02-21T16:58:00+00:00

What exactly does a paraplanner do?

Paraplanning is a relatively new career, closely linked to financial planning. They are the backbone of financial advisers, with a solid grounding in compliance and financial strategy designed to support the financial adviser’s activities. In summary, the paraplanner completes all the non-client facing tasks involved in preparing and administering a financial plan or report for [...]

What exactly does a paraplanner do? 2019-01-29T15:27:51+00:00

How to Build a Healthy Sales Pipeline as an Independent Financial Planner

As a result of the Royal Commission, 3 of the major banks are currently in the process of exiting their wealth management and insurance businesses. Consequently, financial planners are increasingly looking to operate independently. Whilst there is plenty of opportunity in the market, many new independent financial planners neglect to build their sales pipeline from [...]

How to Build a Healthy Sales Pipeline as an Independent Financial Planner 2019-01-28T18:36:06+00:00

How to Set and Achieve Your Business Goals in 2019

This month, many businesses (including Complyx) will find themselves sitting down to plan their goals for the New Year. Without clear goals, your business is basically just sailing in the wind without direction. Setting solid goals allows you to plan a business strategy and break it down into bite-sized chunks to measure achievements throughout the year. [...]

How to Set and Achieve Your Business Goals in 2019 2019-01-16T15:20:19+00:00

5 Tips to Save Time on Business Admin

For small business owners with a limited team, administrative tasks can take up a significant portion of your day. For those in the finance industry, admin and compliance tasks are business critical, but reduce the time available to work on other important parts of your business.  According to research by Smart Company, Australian business owners [...]

5 Tips to Save Time on Business Admin 2019-01-10T15:24:32+00:00

Quick Growth Hacks for Small Business

As business owners, we are all on the lookout for growth hacks to help our businesses grow quickly. It can be difficult to devote time to developing a solid growth plan, as day-to-day tasks often take priority. Fortunately, there are several simple strategies to help your business grow in efficient and cost-effective ways. The hacks [...]

Quick Growth Hacks for Small Business 2018-12-12T02:32:37+00:00

5 Reasons to Outsource

Running a business is full of challenges, but many business owners fail to take the opportunity to outsource their administrative work. Operational tasks focused on company growth take priority and require a business owner’s time and effort. With any company, however, comes daily administrative tasks that are as tedious as they are important. The outsourcing [...]

5 Reasons to Outsource 2018-11-29T06:35:07+00:00

4 Ways the Royal Commission will Impact Financial Planners in 2019 and Beyond

The Royal Commission into banking has revealed shocking compliance breaches by banks and financial planning firms alike. Heading into 2019 and beyond, the operations of financial planners will be closely scrutinised by regulating agencies such as ASIC and FASEA. The new regulations will cause disruption in the industry, however they offer an opportunity for smaller [...]

4 Ways the Royal Commission will Impact Financial Planners in 2019 and Beyond 2018-11-08T11:43:01+00:00

Cash flow basics for entrepreneurs

As entrepreneurs, we tend to be ideas people, with big plans but not much attention to the small stuff. We are known for overlooking administrative tasks like financial management, often to our detriment. In this article, we show 5 simple steps to manage the cash flow for your startup and ensure you don’t fall behind [...]

Cash flow basics for entrepreneurs 2018-11-07T05:28:38+00:00

Common Reasons for Small Business Failure (and how to avoid them!)

So you are tired of your 9 to 5 and have decided to start your own small business. Whilst it can be extremely rewarding to own a business and take control over your own income and lifestyle, more than 60% of Australian small businesses fail within the first 3 years. Below we break down some [...]

Common Reasons for Small Business Failure (and how to avoid them!) 2018-11-07T06:16:28+00:00