Articles tagged with: Trusted Advisor

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
When you hear of new, innovative ideas in the world of accounting, is your first reaction to say “Oh well, my clients wouldn’t be interested in that”? Do you really know your clients as well as you think you do? It’s a fair question for everybody in business. For accountants and other professional advisors, who know some of their clients’ more intimate secrets, it’s even more...

Tags: business advisory services | Crowd Sourced Funding Eligibility Matrix | Trusted Advisor
Medium-sized companies, turnover $2 million to $25 million, are a prime group of clients to whom accountants could consult relative to their directors’/management’s vision for the future to determine whether they're interested in raising capital as a Crowd Sourced Funding company. These companies could be interested in “scaling up” their businesses to the next level, or even beyond but...

Tags: business advisory services | Scaling Up | Trusted Advisor
Welcome to Accountants Minute.  I'm Peter Towers, Managing Director of ESS BIZTOOLS, ESS BASIP and ESS BIZGRANTS. Accountants, business plans are "real accountants' work", and that's what I want to talk to you about today.  "Real accountants' work". The majority of small/medium enterprises want more information, more commercial information, and more business information from their...

Tags: Business Plan | Trusted Advisor
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
This was the reaction from an experienced principal of an accountancy business when we discussed the opportunities available from “Crowd-Sourced Funding Equity Raising”. My colleague said “with this legislation virtually any type of client will be able to embark on a capital raising journey, in so doing avoiding the need to borrow from friends and families and taking out second and third...

Tags: Budgets and Cashflow Forecasts | Business Plan | Crowd Sourced Funding Intermediary | Crowd Sourced Funding Offer Document | Trusted Advisor
Accountants, do you really know your clients?  At the ATSA Conference in Melbourne a couple of weeks ago, a number of the presenters referred to the concept of "trusted adviser".  Are you the "trusted adviser" to your clients?  It's an interesting question and I intend to explore that further next week. For today, lets concentrate on do you really know your clients?  Surely part of the...

Tags: Accelerating Commercialisation | Export Market Development Grant | Personal Property Securities Register | Trusted Advisor

The PPSA can send businesses broke!

There have been over 50 court cases relative to the Personal Property Securities Act (PPSA) and the associated Personal Property Securities Register (PPSR) since the legislation was introduced to Australia. There have been numerous events, not all of which have resulted in court cases. These events have contributed to businesses losing millions of dollars, thought to be in the vicinity of at...

Tags: Grantee | Grantor | Personal Property Securities Register | Trusted Advisor