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WealthGenerator

What is WealthGenerator?

WealthGenerator is simply about creating wealth.

We achieve this in two main ways:

  1. Making a business more profitable and valuable, 
  2. Increasing an individual's wealth through smart investing, reducing tax, optimising personal finances, and asset protection.

Who can benefit from WealthGenerator

Employees, investors and business owners can all benefit from WealthGenerator.

The two essential criteria are: 

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

Creating wealth has the following benefits:

  • Increases the options and choices you can make in life. I.e. How you spend your time, how you live, where you holiday, etc.
  • Enhances your lifestyle so you can live the life you want. 
  • Improves your health by eliminating financial insecurity. Financial insecurity causes stress, anxiety and depression. 
  • Allows you to put your family's needs first.
  • Provides the funds to contribute to charities, the community and leave a legacy.

4 step WealthGenerator process

  1. Educate clients – This involves using the TaxFitness newsletter (and other tools) to educate clients on their wealth situation, creating wealth, and opportunities.
  2. Information gathering – 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.
  3. WealthGenerator 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. 
  4. 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, WealthGenerator 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.