So helping out a friend is today's post from PCE!
They have an office to lease that woudl suit perfectly a financial services business.
Here are the details:
Office Details
· Attractive modern office complex with lift, security and parking
· 80 square metres total space with internal entrance from foyer
· Includes own kitchenette, toilet and storage room
· Fully partitioned offices including large meeting room, 2 offices and common work area.
· Full glass frontage to first floor balcony, including own external door
· Partitioned common workspace for 2 or 3 people
· 4 car spaces (2 undercover secure, 2 rear car park)
· Rent is $3230.38 per calendar month payable on 1st of each month (increasing at 3% annually from June) – plus outgoings
· Bond is around $8500 but I will need to clarify that for you.
What’s in it for you?
A great opportunity as we have not yet called in the real estate agent to let the property. Ringwood is fast becoming a central hub in outer suburban business scope. The Ringwood bypass is on our doorstep and you are 30 seconds to Eastlink and wherever in Melbourne you want to go. Mullum trail walking tracks right outside. Ongoing costs for the premises would be less than the city area because of its location.
We propose to sell and/or leave – by negotiation…..
· Partitions, floor to ceiling, glass and solid, de-mountable and moveable. (install price $11,000)
· As new Panasonic phone system with 7 handsets. This is fully installed and operational on a rotary line system. (purchase price $4,500)
· Furniture – large reception desk, 4 work desks, round meeting table with 5 chairs, three filing cabinets, 3 wheelie chairs, utility room with storage shelving, kitchen equipped with table and chairs plus fridge and waiting chairs at entry. Essentially you have 2 furnished offices, a furnished common area for 2, a boardroom seating 5 – which could seat 6-8 -- and a kitchen with fridge. (estimated used value $3,000)
At this stage we are looking at vacating early December, however this may vary slightly. We would then ideally like to handover the lease from 1st January…..
Please contact me if you’d like any more info or would like to see photo’s. You are also welcome to view the setup at anytime.
Cheers
Sally Wynne
Practice Manager
Ph: 03 9876 0022 Fax: 03 9876 0467
email: sally@fspringwood.com.au
Tuesday 30 July 2013
Wednesday 24 July 2013
Still one of the worlds most underinsured nations?
Last year when PCE reviewed the IBIS Life Insurance Report we noted that "people don't buy what they don't understand".
At that time complexity, ease of doing business and education were key tasks the industry had to tackle to address the issue of underinsurance.
At its core insurance is there to protect those who would suffer a financial loss, hardship when faced with a death, disability or trauma.
So why one year on does the same message we've been hearing for 20 years still dominate the most recent report?
The industry still provides product complexity as a solution to one of the basic core drivers of human behaviour : the need to defend.
Calculating underinsurance is not an exact science : some say it is not a problem and suggest it only affects 20% of the population.
Other figures range from $700 million to $1.4 billion dollars.
And while superannuation is set to remain an important market for selling insurance there are long term issues with this solution. Robbing super now to protect cashflow in the present disminishes cashflow in the future.
Disappointingly initiatives such as Lifewise : whcih many insurance advisers don't seem to know about, to raise awareness about insurance, dispel myths and suggest strategies to mitigate the risks, seem under utilised and hence ineffective.
But the way forward may be technology.
Imagine a community of life insurance customers, positive claimants (99% of claimants by the way!!) all engaged with the insurance companies and advisers. That's a powerful community to spread the word and protect more families and businesses from the risks and reality of financial devastation.
Forging a community that thrives on dialogue and accessibility may be the key to and companies that lead the way will be well ahead of the curve.
This is sorely needed, the boom in SMSFs and the requirement to consider life insurance can only be effective if advisers in the SMSF space are true believers in insurance. At this stage this seems a wish rather than reality.
Why?
According to IBIS the top four industry participants in advice account for 54% of premiums. Think about who those advice players are and think about the usage of platform in those groups. The concentration is set to get higher and what comes with that is possibly a focus back to funds and transaction rather than pure risk advice from dedicated risk professionals as these groups struggle with the loss of the skills of life agents. As they ramp up there risk initiatives though maybe the power of numbers in their adviser force will be the solution?
Complexity needs addressing but key to addressing the issue we feel is:
- strong risk value propositions by advisers
- greater client engagement and involvement using technology
- a shift to advisers creating communities of clients
- insurers demystifying the process and collaborating with advisers to make insurance more accessible
Who is going to lead the pack?
At that time complexity, ease of doing business and education were key tasks the industry had to tackle to address the issue of underinsurance.
At its core insurance is there to protect those who would suffer a financial loss, hardship when faced with a death, disability or trauma.
So why one year on does the same message we've been hearing for 20 years still dominate the most recent report?
The industry still provides product complexity as a solution to one of the basic core drivers of human behaviour : the need to defend.
Calculating underinsurance is not an exact science : some say it is not a problem and suggest it only affects 20% of the population.
Other figures range from $700 million to $1.4 billion dollars.
And while superannuation is set to remain an important market for selling insurance there are long term issues with this solution. Robbing super now to protect cashflow in the present disminishes cashflow in the future.
Disappointingly initiatives such as Lifewise : whcih many insurance advisers don't seem to know about, to raise awareness about insurance, dispel myths and suggest strategies to mitigate the risks, seem under utilised and hence ineffective.
But the way forward may be technology.
Imagine a community of life insurance customers, positive claimants (99% of claimants by the way!!) all engaged with the insurance companies and advisers. That's a powerful community to spread the word and protect more families and businesses from the risks and reality of financial devastation.
Forging a community that thrives on dialogue and accessibility may be the key to and companies that lead the way will be well ahead of the curve.
This is sorely needed, the boom in SMSFs and the requirement to consider life insurance can only be effective if advisers in the SMSF space are true believers in insurance. At this stage this seems a wish rather than reality.
Why?
According to IBIS the top four industry participants in advice account for 54% of premiums. Think about who those advice players are and think about the usage of platform in those groups. The concentration is set to get higher and what comes with that is possibly a focus back to funds and transaction rather than pure risk advice from dedicated risk professionals as these groups struggle with the loss of the skills of life agents. As they ramp up there risk initiatives though maybe the power of numbers in their adviser force will be the solution?
Complexity needs addressing but key to addressing the issue we feel is:
- strong risk value propositions by advisers
- greater client engagement and involvement using technology
- a shift to advisers creating communities of clients
- insurers demystifying the process and collaborating with advisers to make insurance more accessible
Who is going to lead the pack?
Thursday 18 July 2013
Can you really have it all......YES...but something's gotta give
YES!!! You can have it all.
But there is a price to pay.
That price is the acceptance to create new positive habits.
Even further, you need once on the path to reinforce those new habits until they become crystallise.
And over all you need to decide what are the things you need to outsource and stop do them yourself!
This has become so evident for PCE. First you may notice its been a month since our last post. With meetings with key advisers, with travel, with conferences and presentations, something had to give!
And most importantly PCE made a choice to creat a new habit.
6am starts in the office, 8pm boxing and gym work : was not working!
Well at least it was not working for family. And PCE needed to step back at look at what was really important.
Factor in a new habit, 6am gym, 7.15am family time over breakfast, and then 7pm dinner and we are done for the night apart from conversation with loved ones. Easy? Not really, suddenly 2 to 3 hours of work time per day were sacrificed and there needed to be a solution?
Let us tell you about Jan and Phil. Phil owns a small business. Phil said to PCE he was battling : trying to me a good husband, father, businessman, boss, trying to keep finances on track, maintain the house, keep fit, maintain friendships, look after his staff......something's gotta give.
Phil was telling himself lots of stories.....
We readily notice what’s wrong in our lives and react to it automatically – often at a cost to more thoughtful deliberation and effectiveness. Our core emotional need is to feel secure valued and appreciated.
The more we feel our value is at risk the more energy and time we spend defending it and the less energy we have available to create value.
So we develop influence over the stories we tell .......
We can develop stories to empower us rather than undermine. When we react as a default to telling negative stories we assign ourselves to the role of victim. It feels better not to blame ourselves for disappointments The victim role undermines our power to influence our circumstances.
The alternative is to look for where our responsibility lies in any given situation and then take remedial action to influence what we can control.
Awareness is key: being curious about how we respond changes us from being the subject of our feelings to making them the object of our observation.
Realistic optimism balances a hopeful and positive perspective with a recognition that the desired outcome may or may not occur.
We often look to those that inspire us for guidance. For PCE Chris Gardner is a source of inspiration.
For Chris its about Spiritual Genetics : the conscious choice to embrace the spirit within yourself : to embrace the best within you.
It involves a choice to : let go of judgement, allow yourself to heal, accept that you can have it all, embrace lessons of the past and grow.
Accept that where you are now is where you need to be and move forward : empowered, can do attitude, tap into your ingenuity, with a sense of purpose, inspiration to face fears, with perspective, ask questions, get support, and have an unstoppable passion for life.
So create new habits, make change but do it positively and looking ahead, leaving what you can't control and focussing on what it really important and being accountable for where your responsibility lies.
Chris Gardner : Start Where You Are – Life Lessons in Getting from Where You Are to Where You Want to Be, 2010, Amistad.
Tony Schwartz: The Way We’re Working Isn’t Working, 2010, Free Press The Energy Project : www.theenergyproject.com/resources
But there is a price to pay.
That price is the acceptance to create new positive habits.
Even further, you need once on the path to reinforce those new habits until they become crystallise.
And over all you need to decide what are the things you need to outsource and stop do them yourself!
This has become so evident for PCE. First you may notice its been a month since our last post. With meetings with key advisers, with travel, with conferences and presentations, something had to give!
And most importantly PCE made a choice to creat a new habit.
6am starts in the office, 8pm boxing and gym work : was not working!
Well at least it was not working for family. And PCE needed to step back at look at what was really important.
Factor in a new habit, 6am gym, 7.15am family time over breakfast, and then 7pm dinner and we are done for the night apart from conversation with loved ones. Easy? Not really, suddenly 2 to 3 hours of work time per day were sacrificed and there needed to be a solution?
Let us tell you about Jan and Phil. Phil owns a small business. Phil said to PCE he was battling : trying to me a good husband, father, businessman, boss, trying to keep finances on track, maintain the house, keep fit, maintain friendships, look after his staff......something's gotta give.
Phil was telling himself lots of stories.....
We readily notice what’s wrong in our lives and react to it automatically – often at a cost to more thoughtful deliberation and effectiveness. Our core emotional need is to feel secure valued and appreciated.
The more we feel our value is at risk the more energy and time we spend defending it and the less energy we have available to create value.
So we develop influence over the stories we tell .......
We can develop stories to empower us rather than undermine. When we react as a default to telling negative stories we assign ourselves to the role of victim. It feels better not to blame ourselves for disappointments The victim role undermines our power to influence our circumstances.
The alternative is to look for where our responsibility lies in any given situation and then take remedial action to influence what we can control.
Awareness is key: being curious about how we respond changes us from being the subject of our feelings to making them the object of our observation.
Realistic optimism balances a hopeful and positive perspective with a recognition that the desired outcome may or may not occur.
We often look to those that inspire us for guidance. For PCE Chris Gardner is a source of inspiration.
For Chris its about Spiritual Genetics : the conscious choice to embrace the spirit within yourself : to embrace the best within you.
It involves a choice to : let go of judgement, allow yourself to heal, accept that you can have it all, embrace lessons of the past and grow.
Accept that where you are now is where you need to be and move forward : empowered, can do attitude, tap into your ingenuity, with a sense of purpose, inspiration to face fears, with perspective, ask questions, get support, and have an unstoppable passion for life.
So create new habits, make change but do it positively and looking ahead, leaving what you can't control and focussing on what it really important and being accountable for where your responsibility lies.
Chris Gardner : Start Where You Are – Life Lessons in Getting from Where You Are to Where You Want to Be, 2010, Amistad.
Tony Schwartz: The Way We’re Working Isn’t Working, 2010, Free Press The Energy Project : www.theenergyproject.com/resources
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