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Posted: 14 September 2017
Accountants and Business Advisors – SMEs want “Someone” to provide “Business Advisory Services”!

Accountants and Business Advisors – SMEs want “Someone” to provide “Business Advisory Services”!

From my point of view it is preferable that the “someone” be an accountant.

Surveys conducted over the last fifteen years by MYOB, CCH and various other organisations have all identified that a significant majority of small/medium enterprise operators want to access services that will contribute to “adding value” to their businesses.

Most small/medium enterprise operators agree that taxation services whilst important do not equate to “adding value to their businesses”.

To assist accountants to meet the challenge of providing a broader range of commercial services ESS BIZTOOLS has utilised our knowledge of small/medium enterprises, accountancy businesses and listed public companies to develop a range of products to assist accountants to "move beyond taxation services".

Accountants will benefit by utilising the “preparation/training” program to get the team ready. These eleven modules take partners and accountants and other team members through a range of activities to prepare the team to offer more than taxation services.

This training includes understanding the concept of:
• "Industry Champions"
• "Product Champions"
• Utilising the "SME Needs Analysis" to assist clients to identify the additional services that they would like to receive.

There are a number of opportunities for accountants arising out of the Crowd-Sourced Funding legislation with the first listings on intermediaries' platforms (website) scheduled from 29th September 2017. Now is the time to get prepared to assist your clients and prospects to be able to avail themselves of this unique opportunity to be able to raise capital from the “crowd”. At this stage Crowd-Sourced Funding is only available for unlisted public companies. The legislation enables propriety limited companies to be converted to an unlisted public company. Whilst there has been some debate about the requirement for companies to be unlisted public companies, some people with considerable experience in the process of raising capital for small companies are very supportive of the concept that capital is to be raised by unlisted public companies primarily because of the structure of public companies, corporate governance requirements and constitutions that reflect that the shareholders will be more than family and friends which is normally the case within a proprietary limited company.?rel=0&showinfo=0" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen">

 

The ESS BIZTOOLS’ package includes a range of ready to use products which will assist accountants to deliver professional value adding services to their clients including:
• Early Stage Innovation Company preparation for Capital Raising
• Crowd-Sourced Funding Equity Raising
• Debtors’ Management and Debtors’ Systems Manual
• Chief Financial Officer Services – will assist accountants to utilise the current software and communications facilities to be able to perform this role to a client situated anywhere in Australia.
• Personal Property Securities Register Due Diligence Review
• Business Planning Consultancy
• Budgets and Cashflow Forecasts
• Identifying grants – SMEs love grants – they can receive services that they normally would not receive because if they receive grant the service will only cost about 50% of the normal price.

Each year ESS BIZTOOLS is committed to developing at least three new product packages. The product packages which are currently being developed include:
• Research and Development Package
• Corporate Governance/Directors’ Duties in a SME Business Package
• Raising Capital for SMEs Package

You can subscribe for individual packages or you could subscribe for the ESS BIZTOOLS’ Gold Package which includes all of the Business Advisory Services Packages and is currently available at a 25% discount to celebrate the launch of Crowd-Sourced Funding Equity Raising in Australia. The discounted subscription price is only $2,227.50 including GST for 24/7 access for twelve months. To subscribe to ESS BIZTOOLS’ Gold Package, please click on “Subscriptions”.

To find out more details of the ESS BIZTOOLS Business Advisory Services individual packages please visit: http://www.essbasip.com.au.

To gain an overview of what is included in the ESS BIZTOOLS’ Gold Package please visit: www.essbiztools.com.au.

Please contact us for further information at www.essbiztools.com.au or email or telephone 1800 232 088.

 

 

www.essbiztools.com.au

www.essbasip.com.au

www.essbizgrants.com.au

 

Access free material:


 

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Podcast 'Accountant's Minute'

Latest business advisory news for Accountants in under a minute.

Episode 127  - Accountants and Business Advisors – SMEs want “Someone” to provide “Business Advisory Services”!

 

Podcast Link:

As their trusted advisor, can you assist your SME clients with business advisory services?

To download free material click the link below:-

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Watch out for the next episode of "Accountant's Minute" or subscribe to the podcast on iTunes for more news, ideas and tips on providing outstanding non-compliance services to SME clients.     

                                                                                                                                                                                                         

 

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