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May 25, 2016

The normal understanding of succession is questions being asked: “What would happen is something happened to our owner or CEO?”

 

Most small/medium enterprises cannot afford to have a stand by CEO sitting in the wings.  Alternative strategies need to be developed to ensure that the business has an affective...


May 17, 2016

A very common statement that I hear from small/medium enterprises and from some industry consultants is: “The thing that really upsets me is when a competitor receives a grant that I know nothing about.”  This is the statement that many small/medium enterprises have made.

 

Identifying grants is a proactive way that...


May 9, 2016

The Federal Parliament has finalised the legislation for Crowd Funding Companies and Early Stage Innovation Companies.  This is a great opportunity for accountants to get ready to service a brand new emerging market.

 

Crowd Funding Companies are public companies which will have:

·                a maximum investment...


May 5, 2016

Business plans are like maps for tourists.  If your client doesn’t know where they’re going, how are they going to know when they get there?

 

Having a business plan enables the business to periodically check where they’re at, as compared to the original forecast contained within the business plan.  If they’re...