Ep 24 A costly storm

It was a "one in 50 year storm" and it cast an entire state into darkness.

Power lines were wiped out, shutting down South Australia's power source for hours. In some regional centres the lights didn't come on for days.

The cost to business is enormous, and it exposes key holes in risk management and backup plans.

Kym talks about how his business was affected, what he learned and what you need to do to ensure that inevitable natural disasters do not shut you down.

About Kym, accountinginsider.net :

Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.

Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.

Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.

Whether it is minimising tax for a multi-million dollar business, a retirement plan for a high net worth individual, or business structure advice for a tradesman, Kym uses his decades of experience to develop plans for prosperity.

As a Fellow Chartered Accountant qualified in financial services and mortgage broking, Kym offers holistic financial advice.

A big believer in disruptive technologies, Kym has also developed his own accounting software and is a Xero certified adviser.

More than just an accountant, Kym is successful property developer, builder and business mentor.

Applying the advice that he gives clients daily, Kym has turned his first property purchase into a multi-million dollar residential and commercial portfolio.

And as a qualified builder, he’s not afraid to get hands on with his property developments.

As a proven success, and with diverse experiences and expertise, Kym is also a respected mentor to a number of business owners and entrepreneurs.

Fellow Chartered Accountant

Bachelor of Commerce (Accounting)

Bachelor of Economics

Xero Qualified

Certificate IV in Financial Services

Diploma of Mortgage Broking Management

Credit Representative of BLSSA Pty Ltd

Want to connect with Kym?

Visit accountinginsider.net & nitschkenancarrow.com.au

Hosted and produced by Andrew Montesi, Apiro Consulting.

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