Business Advisory
Core services
97% of Canberra businesses are small, family-owned enterprises employing less than 20 people. These businesses are the drivers of economic growth and job creation in the territory. The ACT also has the highest rate of formation of new businesses anywhere in Australia, but it also has the highest rate of closures, and the lowest long term survival rate of new businesses. Only 62.5% of businesses are still trading after four years – compared the national average of 65%.
Come and see us to ensure you have the right foundations, that you understand the steps you need to take to ensure the successful running of your business and finally the right approach going forward to achieve your future financial goals and your succession plans.
Business planning and strategy implementation
“If you fail to plan, you are planning to fail.” – Benjamin Franklin
We can assist you in formulating and documenting a concise business plan that becomes your blueprint and guiding roadmap for running a successful and growing business.
Additionally, we guide you in implementing the plan and in monitoring actual performance against your business plan and evaluate on a periodic basis if your business is on track to achieve its goals.
Find out more about our hosted Strategic Planning days
Profit improvement program (PIP)
Profit is a measure of how well your business is doing. Our PIP program provides you with an analysis of how well your business is performing against your industry’s benchmarks and provides you with a 12 months plan how to improve your profit.
Find out more about our 12-month Profit Improvement Plan.
Cash flow management program (CMP)
It is often said that “Cash is King” – in business nothing could be more true. Many businesses showing a healthy profit but still struggle to pay their bills. Often poor cash flow management is the reason behind it. Our CMP program helps you to improve your businesses cash flow, so you can get on with building your business and not worry how to pay your bills.
Business valuations
Business owners often need valuations for various reasons—whether it’s for selling, succession planning, or simply to understand their company‘s current value. As part of our comprehensive business development services, we specialize in providing business valuations for mature and stable businesses.
We start with an initial valuation to give you a clear picture of where your business stands today. But we don’t stop there. We break down all the factors that contributed to that valuation, helping you understand what drives your business’s worth. From there, we offer strategic advice to help you prioritize and improve those key areas. When we revisit your valuation at the end of the year, you’ll be able to see just how much your business’s value has grown.
Learn more about our Business Valuation approach.
Business risk analysis and mitigation
Often business owners are not aware of the risks their business is facing, which can have disastrous consequences. Our business risk analysis will show you which risks your business is facing and provide you with a risk management plan how to either avoid, reduce, transfer or accept those risks.
Find out more about how we can help with your Risk Management Plan.
Value improvement program
Improving the value of your business brings many of the above business strategies together in one program. Most suitable for business owners who would like to exit (sell) the business in the foreseeable future or simply like to build a better business for themselves. The program aims to maximize the business value for the owner.
If your business is not performing as well as you think it could, contact us and find out how we can help you to make owning a business as rewarding as it should be.
You might also be interested in...
