Grant Identification - WIN with SMEs
SMEs love grants. Why? It gives them access to services at 50% of the normal cost.
Over $3 billion per annum is made available by the Australian, State and Territory governments for small/medium enterprises and businesses with turnovers up to $50 million through a range of grants.
Accountants and business advisers also win from grants. Why? Small/medium enterprises love accountants being proactive and advising them of grants for which they could probably apply.
The other real benefit for accountants and business advisers is that many of the grants can be spent with accountants for a range of business advisory services. Services such as:
- Preparation of Business Plans.
- Preparation of Strategic Plans.
- Preparation of Budgets & Cashflow Forecasts.
- Business modelling to improve business performance.
- Human Resources Reviews - making sure the business is complying with the Fair Work Australia legislation.
- Management Mentoring - making sure the management team can read the reports, the financial reports, understand the key performance indicators and understand the break-even figure for their particular operations.
- Corporate Governance Mentoring.
- Lean Management.
