Do you understand how the Personal Property Securities Act operates?
Have any of your friends or colleagues suffered business losses because they did not register on the Personal Property Securities Register?
Does your business have stock on consignment with any other business?
Do you have assets stored in someone else’s premises?
Do you receive progress payments? If so, a customer that you receive progress payments from could encounter a business problem which has led to the appointment of a liquidator and the liquidator could then decide to issue a claim for “preferential payment” from your customer on your business.
Research and Development
Is your business undertaking research and development? If you are I hope that your business is trading as a company because if you are not you will not be able to claim the research and development tax rebate.
Do you need assistance on:
establishing a research and development system;
documenting your research and development activities;
submitting the required application to AusIndustry?
If you are thinking about conducting part of the research and development activities overseas, we can assist you to submit an application for approval to undertake overseas research and development activities to the Australian Taxation Office?
Worried about how your business is travelling?
Are you a bit worried about how your business is travelling? We could undertake a detailed review of your business analysing every aspect of the business. This will take about one day.
Do you get a bit frustrated because you have not written down all of your great ideas. We can assist in the conduct of a review meeting and in the documentation of your strategies – this is normally called a Business Plan or a Strategic Plan or a roadmap.
Are you thinking of expanding your business or buying another business? How are you going to finance this? Borrow more from the bank? What real estate securities have you got to give to the bank? Or do you want to try to borrow on your mother-in-law’s house?
Would you be interested in trying to raise capital? The federal government has introduced legislation called Crowd Sourced Funding Equity Raising which enables a private company to raise capital (actually up to $5,000,000 in every twelve month period). Currently this can be done via an unlisted public company but it is expected that the law will be changed shortly which will enable a private company to be able to raise capital from around February/March 2019 – would you be interested?
This is the sort of conversation you can have with a client/prospect if your firm is supplying proactive services.
You are invited to visit our new website to get an overview of the services that ESS BIZTOOLS can provide to assist you to deliver these commercial services to your clients.
Whilst visiting ESS BIZTOOLS please click onto the free articles that are available for you.
Click here for a complimentary copy of the ESS BIZTOOLS’ “Business Plus+ Newsletter for August 2018”.
If you have any questions on any aspects of the products and services being produced by ESS BIZTOOLS to assist accountants to “future proof” your businesses, please do not hesitate to contact us – firstname.lastname@example.org or telephone 1800 232 088.
Have a great day!
Do You Want More?
To gain an overview of what is included in the ESS BIZTOOLS’ Gold Package. Please contact us for further information.