How Business Owners Should ACTUALLY Use Debt Recycling

Looking for stress-free, fixed-fee accounting services? Book a consultation with us: https://www.boxas.com.au/book-a-consultation-yto/?video=H5yrp1LJHBA Need cloud accounting software? Sign up for Xero: https://xero5440.partnerlinks.io/boxas (this is an affiliate link and I will make a small commission at no extra cost to you) — Most business owners focus on paying down debt as fast as possible. But smart business owners focus on what type of debt they're paying down The strategy of converting bad debt into good debt is called debt recycling. And while most people associate it with property investors AND buying shares, business owners actually have way more options to make this work. In this video, I'm going to explain the 3 different ways business owners can use debt recycling to maximise their leverage. — Thank you for watching this video. I post videos on this channel to provide the latest and most frequently asked business questions. Please take a second to say hi in the comments below. Also, if you enjoy the video and find it valuable, subscribe to the channel, like and share it with anyone who you think might find my channel useful! — ► Subscribe to my channel here: https://www.youtube.com/c/DavieMach — Davie has over 15 years experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients. Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses. He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales. — Follow Me: LinkedIn: https://www.linkedin.com/in/davie-mach/ Instagram: https://www.instagram.com/boxas_syd/ Facebook: https://www.facebook.com/boxadvisory/ Website: https://boxas.com.au/ TikTok: https://www.tiktok.com/@boxadvisory — Disclaimer: This video is for informational purposes only and should not be considered financial or legal advice. This video does not take into consideration your personal circumstances. Consult with a qualified financial planner, tax advisor or legal consultant before making any decisions regarding investments.