Advisory Services: The Future of Accounting
Accountants Minute 397
Is It Time to Expand Your Services?
The world of accounting and bookkeeping is evolving rapidly. If your firm primarily focuses on compliance-based work, you may be at risk. 2.5 years ago, former Tax Commissioner Chris Jordan warned us that reliance on high-volume, low-margin tax returns is unsustainable.
His message was clear: "If your business model was high-volume, low margin, and focused on simple tax returns, it will not be viable in 3 to 5 years."
That means the clock is ticking.
The solution? Transitioning to an advisory-focused practice that positions you as a trusted business partner for your clients.
Introducing the Advisory Intro Package
The Advisory Intro Package by ESS BIZTOOLS is designed specifically to help accountants, bookkeepers and business advisors introduce financial, commercial, and management advisory services to SMEs. If you've been looking for a way to expand beyond compliance work, this is the perfect starting point.
Why Advisory Services?
✅ Year-Round Engagement: Move beyond tax season and provide valuable business insights all year long.
✅ Stronger Client Relationships: Your SME clients will appreciate advice that helps them grow, not just file tax returns.
✅ More Profitable Work: Advisory services bring higher fees and greater job satisfaction.
✅ Attract & Retain Top Talent: Engaging work makes your team happier and more motivated.
How Quickly Can You Get Started?
Immediately!
The Advisory Intro Package includes the Business Plus Newsletter, which is packed with practical articles tailored for SMEs at different business stages. Topics include:
- Setting profitable charge-out rates for tradies
- Break-even analysis for growth-focused businesses
- Preparing businesses for sale or acquisition
- Cash flow management and fiscal planning
- The latest government grant updates
Practical Advisory Services You Can Offer Right Away
With the Advisory Intro Package, you can immediately start delivering valuable services such as:
✔ Tradies Charge-Out Calculator: Help tradies set rates that ensure profitability.
✔ Break-Even Analysis: Assist expanding businesses in planning sustainable growth.
✔ Key Performance Indicators (KPIs): Implement business metrics for better decision-making.
✔ Debtors Management System: Improve cash flow by helping clients monitor outstanding debts.
✔ Business Health Check: Provide SMEs with a structured approach to tracking performance.
What’s the Investment?
For just $499 (including GST) per year, you gain 12 months access to the Advisory Intro Package. The fees you generate from offering these services will likely cover this cost in no time.
Take Action Today!
Start delivering advisory services and position your firm for long-term success.
Want to Learn More?
Join our complimentary webinar on the Advisory Intro Package
🗓 Wednesday 19 March at 10am AEST
Visit our website – www.essbiztools.com.au – to discover the detailed overview of the services provided by ESS BIZTOOLS. You are also welcome to contact us on 0418 190 181 or email .
Discover Systems to Assist SMEs Achieve Success
Join us for an exclusive webinar series, free of charge, where we will dive into powerful solutions designed to give your firm a competitive edge. Discover how our innovative tools can help you streamline operations, enhance advisory services and drive success for your SME clients and, in turn, your firm. Register to your preferred webinar below.
Future-Proofing SMEs – Friday 14 March at 10am AEST
Advisory Intro Package – Wednesday 19 March at 10am AEST
Starter Package – Wednesday 26 March at 10am AEST
Advanced Package – Wednesday 2 April at 10am AEST
Financial Forecasting Package – Wednesday 9 April at 11am AEST
Don’t miss this opportunity to gain actionable insights and explore how ESS BIZTOOLS can transform the way you support your SME clients.
ESS BIZTOOLS Podcast
Boost your firm’s impact with financial forecasting! In this episode of the ESS BIZTOOLS Accountants’ Minute Podcast, Peter Towers explores how accountants, bookkeepers, and business advisors can elevate their SME clients’ success through effective business planning and predictive accounting. Learn why financial forecasting is crucial for sustainable growth, cash flow management, and strategic decision-making. Discover how to guide SMEs in developing business plans, managing key financial drivers, and leveraging capital-raising opportunities. Tune in to stay ahead in advisory services and help your clients thrive!
CLICK HERE TO LISTEN TO OUR PODCAST
Listen to more Accountants Minute Podcast episodes here
Want to know more?
Visit www.essbiztools.com.au.
If you would like to have a discussion about how this concept of virtual CFO services can be supplied by Australian accounting firms please ring our Managing Director, Peter Towers, on (07) 4724 1118 and we will arrange a complimentary 45-minute Zoom meeting to discuss your firm’s position and to give you our advice.
We believe that this is the blueprint for the delivery of an enhanced range of services by Australian Accounting and Bookkeeping firms to assist SME businesses to add value to their businesses and to assist accountants and bookkeepers not only to attract but to retain outstanding talent who want to be involved in the delivery of “real accounting services”.
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