blog posts
THINK About Your Business End Game
THINK! What’s Your Business End Game? Starting a business can be an exciting and rewarding experience, but it’s important to consider the business end game before you even begin. Planning for the exit strategy is a crucial part of the business planning process. It’s important to determine how you plan to exit the business before […]
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Trading Name Deadline Coming
A deadline is approaching don’t miss out! If your business has a ‘trading name’ and the goodwill of your business is associated with it – IT WILL DISAPPEAR FROM 31st OCTOBER 2025 If you are a business owner in Australia, it’s important to understand the concept of a trading name and its relationship to […]
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Don’t Miss This End Of Financial Year Opportunity
It’s almost end of financial year, in Australia at least. One of the opportunities which are often overlooked by business owners is the opportunity to review and restructure the chart of accounts in their accounting package. It should be an end of financial year routine for businesses. Why would you want to do that? In […]
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A Balance Sheet Is Like An Altimeter
Why Understanding Your Balance Sheet Is Crucial For Your Business Running a business with a faulty balance sheet is like flying an aeroplane with a faulty altimeter. You just wouldn’t do it! This statement may sound exaggerated, but it is not far from the truth. A faulty balance sheet can cause significant problems for your […]
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What Is My Business Worth?
What is my business worth is a bit like looking into a crystal ball. Why? A business has many values. If you are a business owner considering selling your business, either in the short term or as part of a longer-term plan, the first step is to decide how much you want to get for […]
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Unlocking the Hidden Value in Your Business: The Power of Intellectual Property
Does your business have intellectual property? For most small businesses with profits under $500,000 dollars, the industry standard for values is to use an adjusted maintainable net profit for a single owner-operator. However, sometimes there is “hidden value” in a business in the form of intellectual property (IP). What is Intellectual Property? Intellectual […]
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