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Can you build a profitable business without financial skills?

Got a grasp of your business numbers?

While most businesses have a basic financial function in place, many do not have access to the quality financial management information required to capitalise on opportunities, increase profitability, and mitigate risk:

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Define your success

Salisbury’s Business Coaching Program has been […]

Protect your business with the PPSR

Personal Property Security Register (PPSR)

Registering on the PPSR is a way to let people know if personal property such as cars, goods or company assets have security interests over them.

With the difficulties that small businesses are facing from the effects of the pandemic and natural disasters, business owners are increasingly having to put […]

7 Best Practices in Digital Transformation of a Business

The ‘digital revolution’ is not exactly new…

But we still see businesses battling with basic things.

Financial reporting is an example… where leaders may need multiple reports from different systems to see their bank balance, accounts receivable, invoicing status, payroll, sales performance, timesheets, and so on.

Not surprisingly, businesses continue to invest in digital, data, and analytics to […]

Strengthening Your Brand

What is Involved and Why Does it Matter?

Most business leaders agree that branding is important in business.

Given the opportunity, they’d like to strengthen their brand to generate more leads, grow sales and increase customer loyalty.

How do you ‘strengthen a brand’? It can get murky at this point… so let’s take a closer look.

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Managing Your Business in an Inflationary Environment

Many global businesses are facing increased costs.

This is not necessarily a new business challenge… but the COVID-19 pandemic is driving significant and unpredictable “price spikes”.

Let’s look at what business leaders should be thinking about in this environment.

First, what is driving these changes? 

Here are some of the important factors influencing the cost […]

Reviewing business performance

Why just reviewing top-line financial half-yearly performance is no longer enough

In our new business world, annual reporting is becoming redundant because, by the time annual results are consolidated and produced, the data is already obsolete and the market has moved on.

In the changing commercial landscape, delaying indepth business reviews until the end of […]

Positive business experience thanks to Salisburys

Craig and Kathy Hogan speak with Salisburys

Cricket coach Craig Hogan and wife, Kathy, are the first to admit that they’ve always liked trying new and different things throughout their careers.

So when a guesthouse in Bright VIC came onto the market for sale, being overseas did not phase them.

Instead, they saw the potential […]

Get your business match fit as lockdowns lift

Each business is unique and faces its own set of challenges

Throughout the pandemic, here at Salisburys we have focussed on supporting our clients as they have navigated their way through the challenges and issues we have all had to face to varying degrees over the past 18 months.

Throughout these conversations, there were […]

Getting the Most from Your Financial Statements

15 Best Practices when reviewing your financial statements

What Best Practices should you follow when conducting a Financial Review to ensure your decision-making is based on a thorough understanding of your business?

This article provides pointers to help you get the most out of your Financial Statements.

Traditional financial statements, like the Balance Sheet, Profit […]

Improving Your Business

Your business, your future, your prosperity

Business Plans are like maps for tourists.

Like sight-seeing (COVID-19 permitting these days), we plan where we’re going, what we’ll visit, where we’ll stay and, if we get side-tracked, how to navigate back to our original itinerary.

Planning a business is very similar in that you need to develop […]