We are still getting mixed feedback from business owners in terms of whether their business is slow, normal or growing. Given the level of uncertainty most businesses are still facing, a key discussion we often have is around the need to move quickly to protect your bottom line. Ignoring or delaying the decision to ‘cut the fat’ fromRead more
Weak national income/growth, falling wages and business cost cutting are all signs of a depressed economy. The key to operating a successful business in tough times is to focus on your strengths and opportunities, while you manage the risks and any problems. The signs of a healthy business include: Sales growth Sustainable profits Good cashRead more
Maybe measuring progress towards your business’s goals is keeping you awake? Or maybe you don’t have an easy way of analysing critical operational or financial indicators to plan for the future? Imagine if you could tap into the strategic expertise of your very own Chief Financial Officer (CFO) to help you answer these questions andRead more
We often talk to business owners who would like to be more organized about planning for their future, but are having issues in their business that make it hard to work out how to get started. A key to resolving problems is to clearly identify your underlying problem. In the same way, one of theRead more
When working with businesses we are regularly asked 2 major questions: How do we get more revenue? How do we reduce our costs? On the questions of cost reduction, we emphasise the need to focus on ensuring your business’ processes and procedures are efficient and effective. Cutting costs for the sake of saving a fewRead more
We are assisting a growing number of individuals and families who have accumulated significant wealth. They have worked hard over many years and now want to protect and grow their wealth and transfer it to the next generation. The key focus of our Family Office service is to work closely with each client and fullyRead more
I recall a recent discussion with one of our business clients. It was after 5pm and as he turned to me, he said “the firm’s greatest assets are now in the lifts as they leave the building for the day.” If people are our greatest asset then why do businesses invariably cut the training budgetRead more
The regular message we are getting from our contact with a wide range of businesses is that times are still uncertain. Hopefully, having a date set for the Federal election will provide a degree of comfort for both businesses and consumers. However, irrespective of who gets to form governmentRead more
We all have key problems in our businesses that can wake us with worry at 3am in the morning! We talk to a lot of business owners, and many of the problems are very similar. Do you wake asking yourself any of these questions? I make a profit, but why am I short of cash?Read more
We often hear people say you should ‘work on your business not in your business’, but what does that mean? As the business owner or manager there are so many competing pressures for your time, where do you start? Well, as the new financial year draws near, it is a good time to take aRead more
