Planning for the Future: Create an Exit Strategy for Your Business

Creating an exit strategy may not seem critical when you first start your business, and it is a frequently overlooked aspect of a business plan. However, an exit strategy is an essential component of establishing a successful business, achieving your desired goals and preserving the wealth of your business. Business owners may find that future […]

Managing Mental Health When Working Remotely

The global pandemic has reshaped the way businesses operate, with a shift to working remotely to enable their business to survive. Remote working has its benefits. It allows businesses to continue to function, employees save time and money on transport and potentially increase productivity due to fewer distractions. However, remote working has implications on our […]

How Big Data Is Impacting the Accounting Profession

Big data is revolutionising the way businesses operate and make decisions. Accountants worldwide are being affected as the accounting profession’s role transforms to embrace big data. Those with the skills to effectively manage and interpret this data are in high demand as businesses strive to make sense of the ever-growing pool of data. We will […]

How Accountants Are Helping Entrepreneurs Kickstart Their Business to Success

Many high-profile startups have experienced success in recent years, such as Canva, Afterpay, 99 designs, and Theiconic. These success stories lead the way, inspiring many more Australians to launch startups, with Australia experiencing some of the fastest growth in startups worldwide. Creating a new business is not easy. “Starting a business is not for everyone. […]

Glossary of Terms for Financial Service and Corporate Advisory

A Accumulation fund: A type of superannuation fund where the benefit a member receives reflects total contributions plus the amount the investment has earned, less expenses and tax, this reflects the performance of the fund’s investments. All Ordinaries: An accumulation Index that measures movements in the value of the major shares listed on the Australian Stock […]

Franchisors: How to Find the Right Franchisees for Your Business

When you’re looking to expand your business through franchising, it’s essential to take the time to find the right franchisees. Not just anyone will do – you need individuals who have the skills and experience necessary to run a franchise and the drive and ambition to make it a success. We will discuss the things […]

Overcoming Challenges Facing Franchises During the Global Pandemic

A franchise is a contractual arrangement where a franchisor allows a franchisee the right to use its trademark for products and services and business systems and processes to operate the business. The franchisor will provide operating manuals, training, quality control, marketing and advertising and selection of a site. The franchisee will generally pay an initial […]

Franchising: What You Need to Know

Starting a business from scratch can be an incredibly daunting task, and it’s hard enough to get your business off the ground, let alone make it successful. For many entrepreneurs, franchising provides a unique opportunity to get involved in a proven business model with the support of an experienced franchisor. For franchisors, it’s a way […]

The Emergence of Forensic Accounting

When you hear the term forensic accountant, you might envisage images of Ben Affleck, who plays a forensic accountant with some dubious clients, being hunted by the FBI, outwitting criminals out to get him and just generally kicking butt in the 2016 film “The Accountant.”. But What Is It Really? Forensic accounting uses accounting, auditing, […]