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Business Advisory

What is WealthGenerator?

The TaxFitness WealthGenerator software makes creating and growing wealth easier.  

The software achieves this by:

  • Making businesses more profitable, valuable and saleable,
  • Growing an individual's wealth through smart investing, optimising personal finances, tax minimization, business structures, and asset protection.

Who can benefit from WealthGenerator

Employees, investors and business owners can all benefit from wealth generation.

The two essential criteria are: 

  1. Desire to create wealth.
  2. Discipline to make the necessary changes to create wealth.

3 step business advisory process

  1. Enter current financial data – For effective wealth generation, essential client information includes:
    • The group members (i.e. all the individuals and entities that make up the client's overall structure).
    • Group members current year income and expenses,
    • Group members assets and liabilities.
  2. Prepare WealthGeneration Report – Firstly, the report analysis's the potential extra profit/income available to the client that is being foregone. Secondly, the report details the actions required to achieve this extra profit/income and create fasting growing wealth. 
  3. Implementation/action – The necessary actions/changes can be implemented by the client or facilitated by the WealthGenerator expert. 

WealthGenerator database

The WealthGenerator database explains both the well-known and secret, business advisory actions/strategies.

There are ten categories based on their different objectives:

  1. Increase sales.
  2. Reduce material & subcontractors.
  3. Reduce wages. 
  4. Reduce rent.
  5. Reduce overheads.
  6. Reduce owner's compensation.
  7. Reduce tax.
  8. Personal finance.
  9. Business structures.
  10. Asset protection.