Posted: 23 February 2024

WEEKLY REFLECTION: Model service delivery on larger businesses
Business Advisory Services Update
Annual accounts and tax returns are not enough data to successfully operate a business.
SMEs need monthly financial accounts, as well as business KPIs and metrics, comparison to budgets – data similar to what is an everyday resource for larger businesses.
The Leadership Team, Financial Function and Regular Data Flow should be based on larger businesses to assist the SME to survive.
SMEs need assistance in the preparation of their ‘VISION DOCUMENT’.
‘FISCAL MANAGEMENT’ is a high priority!
Accountants offering a virtual CFO service should promote these services to SME businesses.
ESS BIZTOOLS has developed Product Packages to assist accountants to deliver an outstanding range of Advisory Services to SMEs. To find out more, contact us on 1800 232 088 or email .