Now Is The Time To Diversify

The CommBank Accounting Market Pulse Report released 3.1/2 weeks ago identified that, from the surveys that they had conducted with accountants all over Australia, only 5% of those firms “would not be diversifying services in the next 12 – 18 months”.  These firms were from the group that the CommBank report identified as “lagging firms”.

The firms which the CommBank referred to as “leading firms” indicated that they would all be undertaking diversified activities during the next 12 – 18 months.

A staggering 90% of the “leading firms” indicated that they would be undertaking organic growth, which involves expansion by “expanding their product range”.

67% of the “leading firms” identified that they would be developing new services in the next 12 – 18 months.

The actual new services that these firms are going to offer were not identified, but could include:

• Debtors’ Management – debtors’ days outstanding is an enormous problem in Australia.
• Analysis of Charge Out Rates for Tradies – does the calculation include realistic labour productivity, overhead expenses, realistic mark-ups and profit target?
• Retail Pricing Calculator - to facilitate an analysis of product mixes and mark-ups to assist retailers to generate targeted profits.
• Professional Service Firms Charge Out Rate Calculators - to assist professional firms to calculate charge out rates incorporating realistic productivity, overhead expenses, individual salaries and profit target.
• Business Health Checks – clothing retail, commercial building industry, pharmacies, supermarkets and road transport.
• SME Debtors’ Systems Manual – you can edit the template to suit your client’s internal system.
• Leadership Modules – develop your team in their leadership skills and then offer these services to your clients.
• Survival in Difficult Times Product Package – utilise 38 questionnaires which will enable you to evaluate the performance of virtually any type of business.
• Articles to assist you to deliver “accounting advice” to your clients on a range of matters including:
  • Business Health Checks
  • Management of Costs
  • Government Grants Overview
  • Business Mentoring
  • Business Planning Overview
  • Business Planning Questionnaires
  • Business Models
  • Budgets and Cashflow Forecast
  • Work In Progress Management
  • Inventory Management
  • Risk Management Strategies Introduction
  • Human Resources Strategies Introduction
  • Corporate Governance
  • Succession Planning
  • Family Businesses
  • Exporting
  • Buying a Business
  • Selling a Business
  • Dealing with Banks
  • Investment Readiness
  • Loan
  • Valuation of a Business
  • Personal Property Securities Register
  • Superannuation Overview

Starter Package To Help You Get Started – Business Advisory Services Starter Package Special Offer!

The Business Advisory Services Starter Package includes all of the templates listed above together with the:

• Business Advisory Services Training – 13 modules to get your team prepared.
• Client Seminars/Webinars – 12 packages.
• Client Mentoring and Coaching Modules – 4 packages.
• Business Plus+ Newsletter – a monthly newsletter that you badge which markets services to your clients/prospects.
• 2 x 1 hour training via Zoom to your firm.
• Monthly Group Training Webinar.

Your investment for this outstanding Business Advisory Services Starter Package is normally $219 (incl GST) per month or an upfront discounted price of $2,100 (incl GST).

Our Special Discounted Price Until 30th June 2021

$197.10 (incl GST) per month ($2,365.20 (incl GST) for the year

OR

Upfront discount price $1,890 (incl GST)

Would you like to view the Product Brochure?  If so, please click here.

If you wish to subscribe now, you can do so by completing the Order Confirmation Form (click here) and return the form to .

We are presenting a special webinar to give you a detailed overview of the “Business Advisory Services Starter Package”.

You can register for our introduction webinar on the “Business Advisory Services Starter Package” on Wednesday, 2nd June 2021 at 12-noon AEST by clicking here.

Communicating With Your Clients Is Very Important

Our theme for our promotional videos over the last week was “Funding for Business Innovation”.

• For many people initial research is where they commence their business journey. If their research is serious and they identify the potential for developing new products or services, they can be eligible for government assistance.
  • Funding for Business Innovation (click here)
  • Video recording (click here)
• Businesses that have undertaken research activities and have lodged claims under the Research and Development Tax Incentive Rebate could then be interested in understanding how the special status company known as “Early Stage Innovation Company” operates.
  • Business Advisory Services - Early Stage Innovation Company (click here)
  • Video recording click here
• The Accounting Market Report released 3 weeks ago identified that 43% of “leading firms” have identified that “risk management is a significant growth area for their firms over the next 12 – 18 months”.
  • Risk Management - A Significant Growth Area (click here)
  • Video recording (click here)

Challenges Ahead

Diversification is an enormous challenge confronting the accounting profession.  The team at ESS BIZTOOLS has considerable experience in providing “Business Advisory Services” to accountants all over Australia.

You can commence with our “Business Advisory Services Starter Package” or one of our other advanced packages, if you wish.

Why not visit our website www.essbiztools.com.au to review what we have available for you or telephone 1800 232 088 to talk to our Managing Director, Peter Towers.

Upcoming Webinars Presented by ESS BIZTOOLS

You are most welcome to attend these free webinars:

• What’s Included in “Business Advisory Services”? An Overview of the product packages included within the ESS BIZTOOLS’ Business Advisory Services Package.
  • Thursday 27th May 2021 at 12-noon AEST – click here to register.
• Business Advisory Services Starter Package.
  • Wednesday, 2nd June 2021 at 12-noon AEST by clicking here.
• Predictive Accounting – What Is It? Our presentation is by Paul Barnaby, Australasian Representative of PlanGuru, Tripp Graham, Managing Director, PlanGuru USA, Peter Towers, Managing Director, ESS BIZTOOLS.
  • Wednesday 9th June at 12-noon AEST – click here to register.

Want To Know More?

You are invited to “Book A Demo” on ESS BIZTOOLS with Peter Towers, Managing Director, ESS BIZTOOLS to gain a better understanding of the services that are available within ESS BIZTOOLS and ESS BIZGRANTS? 

You can book a demo at www.essbiztools.com.au or contact Peter Towers:

• Email:
• Telephone: 1800 232 088

Have a great day.