Posts

Using Data to Drive Decision-making to Build Business

There’s a lot of talk about data and how it will change the way we do business

That’s probably true… but some business owners are not benefiting from data in their decision-making.

Others are spending money on pricey systems in the hope of utilising data. Results appear to be mixed. As accountants, we have had […]

Managing (and Getting Help) Through a Business Crisis

Recent global events have tested the mettle of management and boards everywhere

Some businesses will emerge stronger and, sadly, some will cease to exist in their current form.

Skilled leaders have a better chance of navigating adverse conditions so let’s look closely at some of those skills.

Getting a Quick Understanding of the Problem

Usually, […]

A Strategic Look at the People Numbers

Honey Anyone?

Whether or not you like honey, you probably know that honey bees live in large well-organised groups.

As social (versus solitary) insects, they engage in complex tasks like delegating their workload, communicating clearly, building a nest, keeping a (compound) eye on environmental changes, collecting food, rearing the brood and defending against invading forces.

[…]

Selling Your Business

It May Not Be For You… But Keep Your Options Open

Selling your business might be far from your mind right now. Perhaps you just started and/or it’s going fabulously well. Don’t fix something that’s not broken, right?

But the changing business landscape requires that we think ahead not just six months or one year, […]

Management Buyout

What Is It and Does It Suit Your Business?

Business owners (especially those who are operationally involved) try to ensure managers’ goals are aligned with their own.

If they are aligned, the prospects for the business are much more attractive because everyone is pulling in the same direction. Ideally, everyone should have ‘skin in the […]

Choosing a business structure

Setting up a business structure

If you are starting a business you will need to work out which type of business structure to use. 

We explain the benefits and disadvantages of different types of business structures. Sole trader

A sole trader is the simplest business structure and it is inexpensive to set up because there […]

Lifestyle assets under ATO watch

Lifestyle assets data matching program protocol

The ATO is conducting a lifestyle assets data matching program to obtain information on insurance policies for marine vessels, enthusiast motor vehicles, thoroughbred races horse, fine art and aircraft.

The ATO will obtain information from data providers for the 2013/14 and 2014/15 financial years, to identify taxpayers who are […]