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Foundation

A financial foundation is like when you build a house. If you want to build one of straws the foundation does not need to be solid. Rough ground will do but then you run the risk of it blowing away when a small storm comes.

Build one of wood and the foundation needs to be stronger than that of a straw house, but chances are a major storm will still blow it over.

A low-set house of brick requires a solid concrete foundation. Storms don’t blow them over. But if you want a double-story home, then you need a stronger foundation than if you just want a low-set brick home. If you don’t, your house will fall over.

When it comes to a financial foundation it is no different. If we want cash to be piled on top of cash, then the financial foundation must be strong, or it leaks away. And then your money will fall over, and you lose it.

At WOW! Advisors & Business Accountants we will work with you to create a foundation helping you have a structure that pays the least amount of taxes  make sure your assets are protected even when things do not appear to be going great.

Hitesh Mohanlal ACA, CA, Author. Lover of cars, his Team & Family, and Passionate About Making a Difference in People’s Financial Lives.

Hitesh Mohanlal is the majority owner of the WOW! Accountants and Business Advisors Group which consists of WOW! Accountants, MediSuccess & CrystalClear bookkeeping.

He is the author of Double Your Profits & Reduce Your Working Hours for Medical Practitioners and The Passport to Wealth & Real Financial Freedom for Medical Professionals, and written two guides for medical professionals; Blueprint for a Wildly Successful Medical Practice for Medical Professionals and The Ultimate Guide for Medical Professionals Who Want to Pay Less Tax!