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Partnering for success
Small business owners Darren and Sandra run a deli
and bakery in Mt. Gambier, SA. Darren and Sandra purchased the business
in 2000, and bought another three shops in 2004 using a vendor finance
arrangement. Darren and Sandra have worked hard building these businesses
up to the point where now they have 16 full time and part time staff.
As Darren and Sandra have been long standing clients
of Kirby Financial Solutions, they were familiar with the wide range
of services John Kirby* and his team could provide, so it was only
natural the couple went to see John when looking to purchase their
family home.
John recommended they consider setting up a part home
and business loan. The benefit of this facility is the ability to redraw
on the loan if ongoing payments have been made. This arrangement was
perfect for the couple allowing them to purchase their family home
whilst having the funds to conduct extensive renovations on their business
properties, which included adding new equipment such as ovens, flooring,
walk-in fridges, cool room and re-wiring of the building along with
other enhancements.
In 2008, Darren and Sandra utilised Kirby Financial Solutions’ full
suite of financial planning, lending and leasing services to organise
a loan to purchase a holiday house. The loan facility, which John arranged,
also gave the couple the flexibility to grow their business by purchasing
a delivery van and two personal vehicles.
John’s expertise, along with research provided by Count, minimised
the administration work required when Darren and Sandra needed to organise
personal superannuation accounts for themselves plus superannuation
funds for their 16 staff.
John also made sure he implemented a complete wealth protection portfolio,
comprising of death and total & permanent disability, both inside
and outside their superannuation, trauma and income protection for
Darren to ensure he, Sandra and their three children, would be financially
secure in the event of any traumatic event occurring.
Darren and Sandra also use Kirby Financial Solutions, for their business
accounting and taxation needs. Darren and Sandra have been able to
focus on running their profitable business and not have to worry about
their financial future or tax obligations as these matters are taken
care of by the team at Kirby Financial Solutions. Both Darren and Sandra
agree they are experienced in their business but it is the team at
Kirby Financial Solutions who are experienced at ensuring theirs and
their children’s futures are being looked after.
*John Kirby is an Authorised Representative of Count Financial Limited
Before you implement any strategies speak to your Count Adviser about
advice that suits your personal needs.