ESS BIZGRANTS

Research and development is an area that many accountants have very little experience in, but it is an area that many small business and medium-sized clients are interested in having a clear understanding of what they can claim in their income tax returns and what government grants and special company status is available to assist them on their research and development and commercialisation...

Tags: Accelerating Commercialisation Grant | Business Advisory Services Update Webinars_Conversations | Early Stage Innovation Company | Research & Development Incentive Rebate | Research & Development Journey | Selling the Message | Strategic Plans | Trusted Advisor
The latest developments in Victoria, where Level 4 restrictions have now been imposed in Melbourne and Level 3 in Regional Victoria, have really highlighted the challenges that can confront businesses all over Australia if COVID–19 coronavirus is allowed to become established in a particular location. Victorian businesses are going to confront many challenges and we know that the accountancy...

Tags: Crowd Sourced Funding Intermediary | Section 708

Grants - Are You Proactively Alerting Your Clients

Accountant's Minute 217

Grants are a great introduction to value-added services that accountants can provide to small businesses and medium-sized enterprises. Recent reports by: Commonwealth Bank – “Accounting Market Pulse Report” Australian Financial Review – “Top 100 Accounting Firm Report” Xero – “Automation Will Force Accountants to Reinvent Their Role” have all identified the...

Tags: Grants

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....

Tags: Accelerating Commercialisation | Apprenticeship Grants | Business Growth Grant | Export Market Development Grant | Research & Development
Welcome to Accountants Minute. This week I want to talk to you about the “Big 6” – the “Big 6” products that we have on offer for you. Products about which we believe your small/medium enterprise clients will want to learn more. Crowd Sourced Funding Equity Raising This is a new opportunity because this legislation is brand new. All you need to do is look out for clients who have...

Tags: Personal Property Securities Register
Welcome to Accountants Minute. Surveys conducted by major companies over the last 15 years have all indicated that 75% to 80% of SMEs are looking for a wider range of commercial services to be provided by their accountants/business advisors. Have you had a discussion with your "A Class" clients to ask them what type of services they are looking for? Many of these clients are probably going...

Tags: Budgets and Cashflow Forecasts | Business Plan | Personal Property Securities Register
WHY? Because SMEs love Government Grants, they are able to access services that in the normal course of events they might not have worried about, but when they can access these services for around a 50% discount, invariably many of them are far more interested. The Governments of Australia, Federal, State and Territory Governments contribute about $3 billion each year into the fund that pays...
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...

Tags: Budgets and Cashflow Forecasts | Corporate Governance | Personal Property Securities Register
Accountants, how to create value-add for your clients is undoubtedly one of the biggest questions you need to answer at the beginning of the 2017/18 financial year. We suggest that, in the first instance, you develop a plan; a plan for how you’re going to deliver business advisory services’ products to your clients.  In the beginning, you’re going to have to concentrate on team training...

Tags: business advisory services | Business Plan | Personal Property Securities Register
Accountants, you need more than marketing gimmicks in a Business Advisory Services’ Package.  Whilst marketing and selling skills are important attributes for accountants who are looking to diversify their practices by offering a wider range of services, they are not the only skills that are required if you are going to successfully launch your accountancy or consultancy business into...

Tags: Budgets and Cashflow Forecasts | business advisory services | Business Plan | Risk Management
Hello, I’m Peter Towers, Managing Director of ESS BIZTOOLS and ESS BASIP.  Welcome to Accountants Minute. Accountants; government grants assist in the delivery of business advisory services for your clients.   There are hundreds of grants, incentives and special loans payable each year by the Federal, State and Territory governments.  The vast majority of these grants are targeted at,...

Tags: Budgets and Cashflow Forecasts | Business Plan | Corporate Governance | Research & Development
Hello, I’m Peter Towers, Managing Director of ESS BIZTOOLS and ESS BASIP.  Welcome to Accountants Minute. Accountants, small/medium enterprises want value added services.  Services that your clients can applaud and say, “thank you very much”.  Do your clients thank you for the services that you provide?  We’re at the start of a new financial year.  What are your resolutions for...

Tags: Budgets and Cashflow Forecasts | business advisory services | Business Plan | Corporate Governance | Personal Property Securities Register
Hello, I’m Peter Towers, Managing Director of ESS BIZTOOLS and ESS BASIP.  Welcome to Accountants Minute. Accountants, there are plenty of challenges in 2017/18 and you probably don’t need me to tell you that. Firstly however, happy new financial year!  I trust that 2017/18 will be a great year for your accountancy business, everyone who works in your firm and all your clients....

Tags: Business Plan
Good for your small/medium enterprise clients who want to access grants so as to improve their business activities with a subsidy from the government. Good for accountants to show your SME clients that you are proactive and acting as the SMEs' “trusted advisor” to assist them to get a grant to improve their businesses by adding value. If it’s good for small/medium enterprises and good...

Tags: Budgets and Cashflow Forecasts | Business Plan | Trusted Advisor
I'd like to take this opportunity of wishing you, your colleagues and your families a very Happy Christmas and I hope that 2017 will be very prosperous for you and your business. Over the last six months the team at ESS BIZTOOLS has brought you comments on a wide range of business issues that, we believe, are important for accountants to think about as you plan the services for your clients. ...

Tags: Budgets and Cashflow Forecasts | Business Plan | Information Memorandum | Personal Property Securities Register
What would you learn from 8 hours with a group of company directors?  I had that privilege a couple of weeks ago in a programme sponsored by the Entrepreneurs Programme, part of AusIndustry.  The brief was to meet for 8 hours with a group of company directors and discuss with them the issues that they were confronting in their businesses and also to give them some briefing on corporate...

Tags: Benchmarking | Business Plan | Key Performance Indicators | Mentoring