Working with you to make the most of your business.
Running a business can be little like raising children – there is no manual, it’s all-consuming, a paradox that is both rewarding and challenging and actually costs a remarkable amount of money.
So to have a sounding board, wise advice from people who have experienced it before, and people who actually come in and give you a hand, can be invaluable.
That’s what Visionary Advisors is here for and we do it in two key areas:
Making more money from your business
Money is the life-blood of any business and when it’s running low, or we don’t know where it’s going or when the next lot is coming in, we can start to become stressed:
1. Keeping your money in your bank for longer (cashflow management*)
Cash is king and keeping it in your bank account for as long as possible makes a big difference to the decisions and actions you want to make.
Invoicing, creditor and debtor management, cashflow forecasts, payment terms, bank arrangements – all make a huge difference to your cashflow. We manage that for you so you can keep your eye on the bigger game.
2. Paying as little to the ATO as you legally can (tax minimisation*)
The tax laws in Australia are some of the largest and most complex in the Western world. The government – at all three levels – are after money from you.
That’s where we come in, minimising the tax you pay – so that there is more money in your wallet.
3. Expenditure and sales plans – confidence in your business future (budgeting & KPIs*)
Expenditure and sales plans give you a detailed breakdown of the key drivers in your business. So you know how much you can spend, on what and when. So that you know where your sales are coming from and what you need to do to grow them.
Key performance indicators (KPIs) track your business performance so that you can respond to changes as need be. The plans keep you focussed on the important things, helping you maximise the profits from your business.
4. Make timely, proactive business decisions (reporting*)
Knowledge is power.
Knowing what is happening in the important parts of your business means that you can make decisions that have a positive impact on its success.
Most accountants only tell you at the end of the year and after the event about your business. We work with business owners that want to be on top of their business. Taking control and making powerful, informed choices about the direction and future of their business.
Protecting your assets
Your business is one of your biggest assets. For many of our clients it is their biggest asset. It is there to provide for your long term wellbeing, and that of your loved ones.
Yet many business owners are exposed to significant potential losses – without proper structures and safeguards in place should things change.
- A loss of a major contract
- Large unexpected expenses
- Business failure
And the biggest challenge of all, a breakdown in a relationship – whether personal or professional. When people want to go their separate ways – even successful and long-time happy business partners – it can end up in a messy “divorce”.
That’s when well thought through plans and advice is invaluable. The emotional stresses are high enough without the overhang of huge potential losses.
We ensure all our business clients are protected so they can rest at ease, knowing their assets are safe and their long term financial wellbeing is assured.
*Accountant speak
To find out how we can help your business make more money or protect your assets, call Dene Kilpatrick on (02) 4926 7100 and book a Free review.
