You can take charge of your super by setting up a self-managed super fund (SMSF). This allows you control over the design and operation of your fund, as well as other benefits such as tax concessions the Government provides to encourage you along the way. A financial pla based on SMSF can save you valuable dollars, and there are many advantages for businesses.
One of the primary reasons SMSFs are popular for small business owners is that they allow for commercial property to be owned by SMSFs and leased back to the company. This not only gives a steady stream of funds for SMSF (and provides secure tenancy), but it can free up a large amount of capital. This can be an incredibly lucrative approach for any growing business.