Business Support

Thinking strategically about future changes in the marketplace can be the key to running a sustainable business. Our aim is to ensure your business has the flexibility to sidestep foreseeable difficulties and better respond to the unexpected ones. And should you run into trouble, our team will assess your business, identify its weak spots and do everything possible to return your company to profitability.

We want to help improve your bottom line, not just tell you what it is!

Our business support services include:

  • Business start-up planning and advice
  • Financial management
  • Financial information systems
  • Computer systems advice
  • Cashflow forecasting and management
  • Efficient billing and cash collection
  • Long term plans for your business and your exit

…and much more.

A word about tax

We have access to considerable expertise and will keep you up-to-date with changes in tax legislation to adjust your business plan accordingly. Many of the decisions you make about the future of your business will have consequences in terms of tax liabilities or tax benefits, either now or at some time in the future. Although no business decision should be made solely on the strength of tax considerations, you will need to take account of the role tax will play in implementing your strategies.

Just as you will need to monitor and update your plans to take account of changing circumstances, so too can we help you keep up-to-date with changes in tax legislation and adjust your business plan accordingly.

Setting goals

In this section we suggest a number of areas where you might need to consider planning for the future. The key to successful business planning is to set SMART business goals and make a SMART business plan for achieving them:

SPECIFIC

Goals should be straightforward and emphasise what you want to happen. Specifics help us to focus our efforts and clearly define what we are going to do. WHAT are you going to do? Use action words such as direct, organise, coordinate, lead, develop, plan, build etc. Ensure the goals you set are very specific, clear and easy. Instead of setting a goal to improve sales, set a specific goal to improve sales by 20 percent within 12 months.

MEASURABLE

If you can’t measure it, you can’t manage it. In the broadest sense, the whole goal statement is a measure for the project; if the goal is accomplished, there is a success. However, there are usually several short-term or small measurements that can be built into the goal. Choose a goal with measurable progress, so you can see the change occur. How will you know when you reach your goal? Be specific! When you measure your progress, you stay on track, reach your target dates, and experience the exhilaration of achievement that spurs you on to the continued effort required to reach your goals.

ATTAINABLE


A goal needs to stretch you slightly so you feel you can do it and it will need a real commitment from you. The feeling of success which this brings helps you to remain motivated. Running a business can sometimes seem like a thankless task and achieving regular milestones can help make the challenge a little more bearable.

REALISTIC

This does not mean “easy.” It means that the path is not a vertical slope; that the skills needed to do the work are available; that the project fits with the overall strategy and goals of the organisation. A realistic project may push the skills and knowledge of the people working on it but it shouldn’t break them. Be sure to set goals that you can attain with some effort! Too difficult and you set the stage for failure, but too low sends the message that you aren’t very capable. Set the bar high enough for a satisfying achievement!

TIMELY

Set a timeframe for the goal: next week, three months, by year end. Putting an end point on your goal gives you a clear target to work towards. If you don’t set a time, the commitment is too vague. It tends not to happen because you feel you can start at any time. Without a time limit, there’s no urgency to start taking action now. Time must be measurable, attainable and realistic.

Contact Info

Level 4, 83 Mount Street, NORTH SYDNEY NSW 2060
02 9955 9113

Contact Form