Skip to main content

Accountant's Minute

ESS BIZTOOLS Blogs

INDIVIDUAL PRODUCTS
(0)
PRIMARY PACKAGES
(1)
UNCATEGORISED
(0)
22nd Oct, 2019
First Anniversary - An Opportunity to Add Value
First Anniversary - An Opportunity to Add Value
Accountant's Minute 212
Yes, 19 October 2019 was the first anniversary of the commencement of Crowd Sourced Funding Equity Raising when private companies were able to raise capital direct from the public. If you have clien…
Read more
9th Oct, 2019
“Cash” – A Vital Ingredient!
“Cash” – A Vital Ingredient!
Accountant's Minute 211
Accountants can play a very important role in assisting clients to source one of the key components of the life-cycle of a business – “cash”! In “Scaling Up” Verne Harnish identified that “having pl…
Read more
3rd Oct, 2019
Leadership Development - A Value Adding Contribution
Leadership Development - A Value Adding Contribution
Accountant's Minute 210
Attracting and keeping the right people is one of the four essential components of the “life cycle of a business”! (Verne Harnish – “Scaling Up”). Where-ever there is “people” there is also a require…
Read more
24th Sep, 2019
People Input Helps Clients Add Value
People Input Helps Clients Add Value
Accountant's Minute 209
Attracting and keeping the right people is one of the four essential components of the “Life cycle of a business”! (Verne Harnish – “Scaling up”)Most small business owners and management of medium si…
Read more
18th Sep, 2019
Flawless Execution Vital for Success!
Flawless Execution Vital for Success!
Accountant's Minute 208
“Driving flawless execution is a vital ingredient of the life-cycle of most businesses” Verne Harnish wrote in “Scaling up”. How do accountants assist small businesses or medium sized enterprises to…
Read more
10th Sep, 2019
Helping Clients Create a Strategy - A Value Adding Service!
Helping Clients Create a Strategy - A Value Adding Service!
Accountant's Minute 207
This article is a continuation of our series on “Help Me Run a Better Business” (refer to Accountants Minute 204, 205 and 206) The development of a strategy that is different from their competitors…
Read more
4th Sep, 2019
Do Financial Accounts Add Value
Do Financial Accounts Add Value
Accountant's Minute 206
Do Financial Accounts “Add Value”? Have you ever had a critical look at the Financial Accounts that your firm is preparing? Do your clients get value from the Financial Accounts that your firm is p…
Read more
28th Aug, 2019
Supply “Value Adding” Services!
Supply “Value Adding” Services!
Accountant's Minute 205
 There has been some debate about fee level of services for accountants recently – refer “Accountant’s Daily” article 26 July 2019 “Is $5,000 Reasonable to Pay Accountants Annually?” There is a…
Read more
14th Aug, 2019
It Is Time To Spell It Out ..... Help Me Run a Better Business!
It Is Time To Spell It Out ..... Help Me Run a Better Business!
Accountant's Minute 204
“The truth is that while I’ve been patiently waiting for you to escape the compliance cubicle, I cannot hang around much longer. Business is getting more competitive by the day and I need your help…
Read more
7th Aug, 2019
31,141 People Have Invested an Average of $1,207!
31,141 People Have Invested an Average of $1,207!
Accountant's Minute 203
The Crowd Sourced Funding Equity Raising Scorecard produced by ESS BIZTOOLS as at 31 July 2019 has identified that 31,141 investors have invested an average of $1,207 in the 44 companies that have ra…
Read more
25th Jul, 2019
What Should Shareholders, Company Directors and Managers know about Crowd Sourced Funding Equity Raising?
What Should Shareholders, Company Directors and Managers know about Crowd Sourced Funding Equity Raising?
Accountant's Minute 202
What is in it for a company? Ability to raise up to $5 million in a 12 month period direct from the public This is not a loan therefore: No loan application required No security req…
Read more
23rd Jul, 2019
Crowd Sourced Funding Equity Raising – Accountant’s Role – Assisting a Company on the Journey
Crowd Sourced Funding Equity Raising – Accountant’s Role – Assisting a Company on the Journey
Accountant's Minute 201
Accountants can assist companies to prepare the documentation that they will require: Business Plan Budgets/Cash Flow Forecast Customer analysis Identification of unique competitive advantage…
Read more
18th Jul, 2019
Crowd Sourced Funding Equity Raising Scorecard
Crowd Sourced Funding Equity Raising Scorecard
Accountant's Minute 200
Based on information contained within the Crowd Sourced Funding Intermediaries’ websites we have prepared the following scorecard as at 19 June 2019: Link to Crowd Sourced Funding Equity Raisi…
Read more
16th Jul, 2019
Crowd Sourced Funding Equity Raising – “House In Order” Required!
Crowd Sourced Funding Equity Raising – “House In Order” Required!
Accountant's Minute 199
Companies need to have their “House in Order” - Andrew Geddes Chair of Greencross Ltd for 11 years (former ASX top 200 company) and a consultant to the Australian Accounting Industry for the last 30…
  • Tags:
Read more
16th Jul, 2019
Is Crowd Sourced Funding Equity Raising the Same as Crowdfunding?
Is Crowd Sourced Funding Equity Raising the Same as Crowdfunding?
Accountant's Minute 198
Crowd Sourced Funding Equity Raising is not the same as “Crowdfunding”. Crowd Sourced Funding Equity Raising is governed by the Australian Government’s “Corporations Act” which specifies stric…
Read more
9th Jul, 2019
Early Stage Innovation Company – a “Cousin” Entity to a Crowd Sourced Funding Equity Company
Early Stage Innovation Company – a “Cousin” Entity to a Crowd Sourced Funding Equity Company
Accountant's Minute 197
When the then Australian Prime Minister, Malcolm Turnbull announced the Coalition Government’s Innovation Policy in December 2015 he indicated that two new types of corporate entities would be establ…
Read more
9th Jul, 2019
Crowd Sourced Funding Equity Raising - Who Might Be Interested?
Crowd Sourced Funding Equity Raising - Who Might Be Interested?
Accountant's Minute 196
Crowd Sourced Funding Equity Raising represents the biggest improvement in business financing for small businesses and medium sized enterprises in the last 35 years! Australia is playing catch…
  • Tags:
Read more
3rd Jul, 2019
Crowd Sourced Funding Equity Raising In the Beginning
Crowd Sourced Funding Equity Raising In the Beginning
Accountant's Minute 195
In the Beginning………. The original amendments to the Corporations Act required a Crowd Sourced Funding Equity Raising Company to be an unlisted public company. The legislation was changed from 19…
  • Tags:
Read more
3rd Jul, 2019
Crowd Sourced Funding Equity Raising Report Card June 2019
Crowd Sourced Funding Equity Raising Report Card June 2019
Accountant's Minute 194
Happy New Financial Year! 36 companies have raised $31.6 million as Crowd Sourced Funding Equity Raising Companies. This augers well for a great capital raising performance during 2019/ 20.  T…
Read more
24th May, 2019
SME Capital Raising: Advisors Need To Know The Details
SME Capital Raising: Advisors Need To Know The Details
Accountant's Minute 193
Former Greencross Limited Chairman, Andrew Geddes, believes the new capital-raising process, Crowd Sourced Funding Equity Raising, could be a real wake-up call for small and medium sized companies to…
  • Tags:
Read more
21st May, 2019
Crowd Sourced Funding – Knowledge is the Key
Crowd Sourced Funding – Knowledge is the Key
Accountant's Minute 192
Prepared from an interview with Andrew Geddes, Public Company Director, Consultant to Accountants and businesses wishing to “Scale Up” included within the webinar “All Female Business Very Popular”.&…
  • Tags:
Read more
10th May, 2019
All Female Business Very Popular
All Female Business Very Popular
Accountant's Minute 191
Shebah Rideshare Pty Ltd broke the Australian record for the largest Crowd Funding Equity Raising deal to date recently. The intermediary company which acted for Shebah, Birchal announced that $3 mil…
  • Tags:
Read more
22nd Mar, 2019
Experts Endorse Crowd Sourced Funding Equity Raising
Experts Endorse Crowd Sourced Funding Equity Raising
Accountant's Minute 189
Who would have thought that Crowd Sourced Funding Equity Raising (CSF) would have had such a rapid uptake as a way for small and medium sized businesses to raise capital, especially as it’s so new…
Read more
7th Mar, 2019
12 Steps To Successful SME Capital Raising
Accountant's Minute 188
By now you will probably have heard about Crowd Sourced Funding Equity Raising (CSF) and just how powerful an option it is for your small and medium sized business clients to raise capital from the p…
Read more
22nd Feb, 2019
7 Facts Accountants Need To Know About Crowd Sourced Funding Equity Raising
7 Facts Accountants Need To Know About Crowd Sourced Funding Equity Raising
Accountant's Minute 187
A sure way to be rewarded with new revenue streams is to be a progressive and innovative accountancy firm, always open to new business ideas which could help your clients build a future for their com…
  • Tags:
Read more
8th Feb, 2019
Accountants Raise Capital for your SMe Clients and Profit from New Fees
Accountants Raise Capital for your SMe Clients and Profit from New Fees
Accountant's Minute 186
Let me be blunt. You are running out of time! If you want to discover how your SME clients can raise capital without throwing themselves at the mercy of the banks, and, how your acco…
  • Tags:
Read more
29th Jan, 2019
Helping Your SME Clients Raise Capital Painlessly
Helping Your SME Clients Raise Capital Painlessly
Accountant's Minute 185
Helping SME (Click here) clients raise capital can be a funny process and when confronted with ideas like Crowd Sourced Funding Equity Raising (Click here), it’s understandable that your first reacti…
  • Tags:
Read more
10th Jan, 2019
Tax Work Avoid the Famine
Tax Work Avoid the Famine
Accountant's Minute 184
It’s sad, but true. Tax compliance work alone isn’t going to keep your practice running in the years to come. Recent research amongst the Top 100 accountancy firms (Australian Financial Review) cle…
  • Tags:
Read more
10th Jan, 2019
Clients Aren't Mushrooms
Clients Aren't Mushrooms
Accountant's Minute 183 - Don't Keep Them In The Dark
How often do you stay in contact with your SME clients? Is it just once a year to remind them it’s tax time again, or maybe, every three months for their quarterly BAS? Well, if that’s the case, th…
  • Tags:
Read more
7th Jan, 2019
What Do Your Clients Expect From You in 2019
What Do Your Clients Expect From You in 2019
Accountant's Minute 182
Have your clients, as part of their New Year resolutions, asked themselves….  “Am I getting everything I should be getting from my accountant?” When you hear of new, innovative ideas in the wor…
Read more
12th Dec, 2018
Complacency - A Good Way To Go Broke
Complacency - A Good Way To Go Broke
Accountant's Minute 181
When you hear of new, innovative ideas in the world of accounting, is your first reaction to say “Oh well, my clients wouldn’t be interested in that”? Do you really know your clients as well as you…
Read more
10th Dec, 2018
Is Your Firm Committed To Supplying Advisory Services?
Is Your Firm Committed To Supplying Advisory Services?
Accountant's Minute 180
If so, have you claimed Crowd Sourced Funding Advisory Services as one of your specialities?  If you have… congratulations, but not many accountancy firms have done this, at this stage.  Wo…
  • Tags:
Read more
3rd Dec, 2018
CSF Could Help Repay Mum & Dad Loans
CSF Could Help Repay Mum & Dad Loans
Accountant's Minute 179
According to Kate Carnell, the Australian government's Small Business Ombudsman, more than 25% of small and medium enterprise loans are being supplied by the parents of small and medium enterprise ow…
  • Tags:
Read more
26th Nov, 2018
Crowd Sourced Funding Presents Advisory Work Opportunities
Accountant's Minute 178
Advisory work is on the increase for accountancy firms as indicated by the 2018 Top 100 Accounting Firms Survey conducted by the “Financial Review”: “Number Crunchers Follow the Big Four into Advisor…
  • Tags:
Read more
8th Nov, 2018
Don't Forget Medium-Sized Companies for Crowd Sourced Funding
Accountant's Minute 177
Medium-sized companies, turnover $2 million to $25 million, are a prime group of clients to whom accountants could consult relative to their directors’/management’s vision for the future to determine…
Read more
31st Oct, 2018
Do You Want Your Clients to Grow?
Accountant's Minute 176
Do you want to help your clients to grow, or are you just happy doing their compliance work? If you want to take a more serious role, as a trusted business and financial advisor to your clients, the…
Read more
22nd Oct, 2018
This Could Be Just What You're Looking For!
This Could Be Just What You're Looking For!
Accountant's Minute 175
Are you looking for a way to retain your clients by helping their businesses to grow? Then this, could be just what you’re looking for. As accountants, we all know that running an accountancy firm…
  • Tags:
Read more
9th Oct, 2018
Would You Benefit From a Shark's Advice?
Would You Benefit From a Shark's Advice?
Accountant's Minute 174
Frustrated with the way that your team is responding to the challenge to provide a broader range of professional services – known as commercial services? Can’t get everyone to see where you want…
Read more
8th Oct, 2018
Crowd Sourced Funding Launches 19 October 2018
Crowd Sourced Funding Launches 19 October 2018
Accountant's Minute 173
At long last Crowd Sourced Funding Equity Raising for Private Companies is available from 19 October 2018. Do you envisage that your accountancy firm will proactively promote the opportunity for som…
  • Tags:
Read more
25th Sep, 2018
Accountants Be Proactive! Don’t Chase Courageous Clients Away!
Accountants Be Proactive! Don’t Chase Courageous Clients Away!
Accountant's Minute 172
What do you want your accountancy business to look like in 1 to 2 years’ time? The same as it looks at present or have you developed a strategy for the future or are you thinking about a strategy fo…
Read more
19th Sep, 2018
Is Crowd Sourced Funding Equity Raising a Unique Opportunity for Accountants?
Is Crowd Sourced Funding Equity Raising a Unique Opportunity for Accountants?
Accountant's Minute 171
If you want your accountancy firm to be differentiated in the marketplace and recognised as a market leader, then offering a proactive service on the new Crowd Sourced Funding Equity Raising for priv…
Read more
17th Sep, 2018
Crowd Sourced Funding Amendments Passed!
Crowd Sourced Funding Amendments Passed!
Accountant's Minute 170
The Senate passed the Corporations Amendment (Crowd Sourced Funding for Proprietary Companies) Bill 2017 on 12th September 2018.  The legislation will be operational 28 days after Royal Assent.&…
  • Tags:
Read more
17th Sep, 2018
Will All Your Stakeholders Be Happy?
Will All Your Stakeholders Be Happy?
Accountant's Minute 169
Would you be happy if your accountancy business was able to achieve the following within the next 2 years? “Accountancy firms with new income streams, higher average fee per client, complying with m…
Read more
6th Sep, 2018
Achieving a “30/70 Vision”
Achieving a “30/70 Vision”
Accountant's Minute 168
Would it work for your accountancy business if you were able to start “new income streams” within 2 months? Would you be happy to supply these types of services to your clients which will assist you…
Read more
31st Aug, 2018
Accountants 30/70 Achievable!
Accountants 30/70 Achievable!
Accountant's Minute 167
ESS BIZTOOLS can assist accountants to commence the journey to diversifying their income by offering a range of non-compliance services to their clients and prospects. You are invited to visit ESS B…
Read more
21st Aug, 2018
Proactive Accounting Services Available Here!
Proactive Accounting Services Available Here!
Accountant's Minute 166
You can click here now to access if you wish. Where to start on the journey of supplying a proactive accounting service to your clients? You could visit the ESS BIZTOOLS’ website so that you can vi…
Read more
13th Aug, 2018
ESIC Assistance Assists Accountants “Future Proof”
ESIC Assistance Assists Accountants “Future Proof”
Accountant's Minute 165
Welcome to Accountants Minute. The ESIC (Early-Stage Innovation Company) journey creates a range of new interesting work and “income streams” which will assist proactive accountants to “future proof…
Read more
6th Aug, 2018
Creating a High Growth, High Value Business Consulting Firm
Creating a High Growth, High Value Business Consulting Firm
Accountant's Minute 164
Welcome to Accountants Minute. Shouldn’t this be your aim as part of your “Future Proofing” Strategy at the commencement of 2018/19? How many of your clients are giving their cash to an “apparently…
Read more
30th Jul, 2018
Future Proofing Generates ROI
Future Proofing Generates ROI
Accountant's Minute 163
Welcome to Accountants Minute. Creating a “FUTURE PROOFING” strategy is vital for accountancy businesses that aspire for a future as the key financial advisor to clients – not fighting competitors w…
Read more
23rd Jul, 2018
Corporate Governance Awareness Vital for Future Proofing
Corporate Governance Awareness Vital for Future Proofing
Accountant's Minute 162
What is corporate governance?  Our view is that corporate governance relates to an understanding of business.  Many directors do not fully appreciate the wide range of items that they are l…
Read more
18th Jul, 2018
“Future Proofing” Includes SMEs Debtors’ Management
“Future Proofing” Includes SMEs Debtors’ Management
Accountant's Minute 161
Welcome to Accountants Minute. There are two major issues for accountants to consider relative to “future proofing” and SME debtors’ management: Australia has the dubious title of having the “lon…
Read more
9th Jul, 2018
PPSR Ignorance – SMEs Need Accountants Help!
PPSR Ignorance – SMEs Need Accountants Help!
Accountant's Minute 160
Welcome to Accountants Minute. Unfortunately, the majority of SMEs are unaware of the potential consequences of ignoring the operations of the Personal Property Securities Register (PPSR). Millions…
Read more
2nd Jul, 2018
8 Steps to “Future Proofing” Your Accountancy Business
8 Steps to “Future Proofing” Your Accountancy Business
Accountant's Minute 159
Welcome to Accountants Minute. Happy New Financial Year! I think it’s appropriate at the start of the new financial year to discuss a very important issue for the accountancy profession and that is…
Read more
26th Jun, 2018
Is Your Accountancy Firm Future Proofed
Is Your Accountancy Firm Future Proofed
Accountant's Minute 158
Welcome to Accountants Minute. The CommBank Accounting Market Pulse June 2018 identified a number of service lines, outside of traditional accounting/taxation services, in which some accountants are…
Read more
19th Jun, 2018
Cashflow Management – A Service That Accountants Could Provide
Cashflow Management – A Service That Accountants Could Provide
Accountant's Minute 157
Welcome to Accountants Minute. Having too much money owing by debtors, high levels of stock on hand and work in progress or high levels of capital expenditure, can all contribute to significant cash…
Read more
13th Jun, 2018
Exploring New Opportunities!
Exploring New Opportunities!
Accountant's Minute 156
Welcome to Accountants Minute. “Today’s business environment is in a state of flux with some industries extremely buoyant whilst others are floundering.”  “Accounting firms service all sectors…
Read more
4th Jun, 2018
Are You Comfortable With Your Firm's Vision
Are You Comfortable With Your Firm's Vision
Accountant's Minute 155
Welcome to Accountants Minute. Are you comfortable with your firm’s vision? This is a serious question, especially if you are aged under 44, because, according to Benchmarking.com.au, your group re…
Read more
29th May, 2018
Leadership – You Need The Respect And Support Of Those You Lead!
Leadership – You Need The Respect And Support Of Those You Lead!
Accountant's Minute 154
Welcome to Accountants Minute. Good leadership is needed in every type of business – including accountancy/business advisory businesses! Accountants/business advisors have two important groups to w…
Read more
22nd May, 2018
Corporate Governance is Important for your Clients
Corporate Governance is Important for your Clients
Accountant's Minute 153
Welcome to Accountants Minute. Corporate governan­­­­­­­ce is important for your clients.  That is why our associated company, ESS Small Business, is presenting the Corporate Governance Network…
Read more
16th May, 2018
Where Does The Buck Finish?
Where Does The Buck Finish?
Accountant's Minute 152
Welcome to Accountants Minute. The aftermath of the Banking Royal Commission has clearly established that the “buck” finishes with the board of directors or management committee. Important corporat…
Read more
3rd May, 2018
Are You a “Me Too” or “Differentiated”?
Are You a “Me Too” or “Differentiated”?
Accountant's Minute 151
Welcome to Accountants Minute. Are you a “me too”?  Your clients are competing in a competitive world.  Accountants are no different. Things are changing all the time. All types of busin…
Read more
23rd Apr, 2018
Corporate Governance Mentoring Helps SMEs
Corporate Governance Mentoring Helps SMEs
Welcome to Accountants Minute. Corporate governance mentoring helps small/medium enterprises. The new legislation for Early Stage Innovation Companies and Crowd Sourced Funding Equity Raising Compa…
Read more
16th Apr, 2018
Communicate or Perish!
Communicate or Perish!
Welcome to Accountants Minute. Accountants, you need to communicate or perish! SME clients are being bombarded by communications from all types of people, including your competitors. Accountants n…
Read more
9th Apr, 2018
Grant Identification - WIN with SMEs
Grant Identification - WIN with SMEs
SMEs love grants. Why? It gives them access to services at 50% of the normal cost.
Over $3 billion per annum is made available by the Australian, State and Territory governments for small/medium enterprises and businesses with turnovers up to $50 million through a range of grants…
Read more
4th Apr, 2018
Seminars/Webinars Are A Great Marketing Tool
Seminars/Webinars Are A Great Marketing Tool
Welcome to Accountants Minute. Seminars are a great marketing tool for accountants and business advisers because they’re a great way for you to educate your clients and prospects on the services you…
Read more
27th Mar, 2018
Are Your Clients Being Served?
Are Your Clients Being Served?
As an accountancy/advisory business, are your clients being served the professional services that they require?
A number of surveys over the last 15 years have identified that small/medium enterprises want more services than just taxation from someone – without really specifying who the “someone” is! There is…
Read more
19th Mar, 2018
Big 6
Big 6
Welcome to Accountants Minute. This week I want to talk to you about the “Big 6” – the “Big 6” products that we have on offer for you. Products about which we believe your small/medium enterprise cl…
Read more
12th Mar, 2018
WIN! WIN! WIN!
WIN! WIN! WIN!
Welcome to Accountants Minute.
There are tremendous opportunities for accountants and business advisors if you make a positive commitment to offer a broader range of commercial services to your SME clients in 2018. WIN! For SME c…
Read more
2nd Mar, 2018
What Type of Services do your Clients Want?
What Type of Services do your Clients Want?
Welcome to Accountants Minute. Surveys conducted by major companies over the last 15 years have all indicated that 75% to 80% of SMEs are looking for a wider range of commercial services to be provi…
Read more
26th Feb, 2018
Chief Financial Officer Services - A New Opportunity
Chief Financial Officer Services - A New Opportunity
The recent announcement of the first group of Crowd-Sourced Funding Intermediaries has clearly signified to the small/medium enterprise community that, at long last, Crowd-Sourced Funding Equity Rais…
  • Tags:
Read more
23rd Oct, 2017
Crowd-Sourced Funding Presents Opportunities to Create “New Income Streams”
Crowd-Sourced Funding Presents Opportunities to Create “New Income Streams”
Crowd-Sourced Funding Equity Raising is in the final launch stage before being available to Australian small/medium enterprises which could benefit by being able to raise capital from the public. No…
  • Tags:
Read more
5th Oct, 2017
Accountants – There Are Opportunities Everywhere! But You Must be “Proactive” Rather than “Reactive”!
Accountants – There Are Opportunities Everywhere! But You Must be “Proactive” Rather than “Reactive”!
You might ask – where are the opportunities to create “new income streams” from other than compliance work? The opportunities include: Personal Property Securities Register I have recently comple…
Read more
19th Sep, 2017
Accountants – Advising clients of Government Grant is Good Business!
Accountants – Advising clients of Government Grant is Good Business!
WHY? Because SMEs love Government Grants, they are able to access services that in the normal course of events they might not have worried about, but when they can access these services for around a…
  • Tags:
Read more
14th Sep, 2017
Accountants and Business Advisors – SMEs want “Someone” to provide “Business Advisory Services”!
Accountants and Business Advisors – SMEs want “Someone” to provide “Business Advisory Services”!
From my point of view it is preferable that the “someone” be an accountant. Surveys conducted over the last fifteen years by MYOB, CCH and various other organisations have all identified that a sign…
Read more
8th Sep, 2017
Accountants and Business Advisors – Are You Preparing For Crowd-Sourced Funding?
Accountants and Business Advisors – Are You Preparing For Crowd-Sourced Funding?
A tremendous opportunity for small/medium enterprises is about to occur in Australia whilst at the same time a potential new income stream will be available for accountants and business advisors who…
Read more
29th Aug, 2017
Accountants and Business Advisors – Crowd-Sourced Funding – Heralds a New Era for SMEs!
Accountants and Business Advisors – Crowd-Sourced Funding – Heralds a New Era for SMEs!
On 29 September 2017, small/medium companies of any age, size or industry will be able to raise capital from “Retail Investors” as well as “Sophisticated Investors” of up to $5 million per annum. Sm…
Read more
22nd Aug, 2017
Accountants, are you adding value to company directors?
Accountants, are you adding value to company directors?
Accountants, are you adding value to company directors? With Crowd-Sourced Funding Equity Raising, available from 29th September 2017, now is an appropriate time to consider how accountants can help…
Read more
7th Aug, 2017
Consultants Training to Deliver Business Advisory Services
Consultants Training to Deliver Business Advisory Services
Consultants’ training to deliver business advisory services is very important if you’re going to meet the challenge of being able to deliver outstanding new products and services for your clients ‘be…
Read more
1st Aug, 2017
Accountants, Do You Want to Offer Consultancy Services?
Accountants, Do You Want to Offer Consultancy Services?
Accountants, do you want to offer consultancy services?  ESS BIZTOOLS’ Gold Package includes a range of courses for accountants relating to business advisory services for small/medium enterprises. S…
Read more
25th Jul, 2017
Accountants, How to Create Value-Add for your Clients
Accountants, How to Create Value-Add for your Clients
Accountants, how to create value-add for your clients is undoubtedly one of the biggest questions you need to answer at the beginning of the 2017/18 financial year. We suggest that, in the first ins…
Read more
19th Jul, 2017
Accountants, You Need More Than Marketing Gimmicks in a Business Advisory Services’ Package
Accountants, You Need More Than Marketing Gimmicks in a Business Advisory Services’ Package
Accountants, you need more than marketing gimmicks in a Business Advisory Services’ Package.  Whilst marketing and selling skills are important attributes for accountants who are looking to diversify…
Read more
11th Jul, 2017
Accountants, Government Grants Assist in the Delivery of Business Advisory Services for your Clients
Accountants, Government Grants Assist in the Delivery of Business Advisory Services for your Clients
Hello, I’m Peter Towers, Managing Director of ESS BIZTOOLS and ESS BASIP.  Welcome to Accountants Minute. Accountants; government grants assist in the delivery of business advisory services for your…
Read more
5th Jul, 2017
Accountants, Small/Medium Enterprises Want “Valued-Added” Services
Accountants, Small/Medium Enterprises Want “Valued-Added” Services
Hello, I’m Peter Towers, Managing Director of ESS BIZTOOLS and ESS BASIP.  Welcome to Accountants Minute. Accountants, small/medium enterprises want value added services.  Services that your clients…
Read more
27th Jun, 2017
Accountants, There Are Plenty of Challenges in 2017/18
Accountants, There Are Plenty of Challenges in 2017/18
Hello, I’m Peter Towers, Managing Director of ESS BIZTOOLS and ESS BASIP.  Welcome to Accountants Minute. Accountants, there are plenty of challenges in 2017/18 and you probably don’t need me t…
Read more
20th Jun, 2017
Accountants, Business Plans are "Real Accountants' Work"
Accountants, Business Plans are "Real Accountants' Work"
Welcome to Accountants Minute.  I'm Peter Towers, Managing Director of ESS BIZTOOLS, ESS BASIP and ESS BIZGRANTS. Accountants, business plans are "real accountants' work", and that's what I wan…
Read more
13th Jun, 2017
Accountants - You Can Help Eliminate the "Silent Killer of Small Business"
Accountants - You Can Help Eliminate the "Silent Killer of Small Business"
Late payments are the “silent killer of small business” Kate Carnell the Australian Government’s Small Business Ombudsman said in her reaction to the UK based “Market Invoice” report in late 2016. A…
  • Tags:
Read more
6th Jun, 2017
Sourcing Grants for SMEs Is Good Business Sense!
Sourcing Grants for SMEs Is Good Business Sense!
Good for your small/medium enterprise clients who want to access grants so as to improve their business activities with a subsidy from the government. Good for accountants to show your SME clients t…
Read more
6th Jun, 2017
Accountants - Don't Forget Early Stage Innovation Companies!"
Accountants - Don't Forget Early Stage Innovation Companies!"
The Early-Stage Innovation Company legislation has been available since July 2016 but unfortunately there has been little publicity about the significant benefits this legislation offers small/medium…
Read more
29th May, 2017
"Financial Planning was Primarily an Accountant's Domain!"
"Financial Planning was Primarily an Accountant's Domain!"
Whilst there was some superannuation available in Australia prior to 1983 it was basically organised by employers with advice from accountants. In 1983 the Federal Government introduced compulsory s…
Read more
23rd May, 2017
"That's a Great Opportunity for Accountants/Advisers!"
This was the reaction from an experienced principal of an accountancy business when we discussed the opportunities available from “Crowd-Sourced Funding Equity Raising”. My colleague said “with this…
Read more
17th May, 2017
Accountants, Capital Raising Opportunities Give You a New Income Stream!
Accountants, Capital Raising Opportunities Give You a New Income Stream!
There are a number of opportunities for accountants arising out of the Crowd-Sourced Funding legislation with the first listings on intermediaries' platforms (website) scheduled from 29th September 2…
Read more
10th May, 2017
Accountancy Firms Wanted!
Accountancy Firms Wanted!
This could easily be an advertisement in small/medium enterprise magazines as small/medium enterprises contemplate trying to raise capital as Crowd-Sourced Funding Companies.  Each of these appl…
Read more
1st May, 2017
Wanted! Accountancy Firms Committed to Crowd Funding
Wanted! Accountancy Firms Committed to Crowd Funding
The Crowd-Sourced Funding Legislation is brand new and therefore presents a fantastic opportunity for accountancy businesses to get involved with this new service. No accountancy business in Austral…
Read more
26th Apr, 2017
Accountants - Crowd Sourced Funding Offers You Many Benefits!
Accountants - Crowd Sourced Funding Offers You Many Benefits!
Crowd Source Funding is a “new revenue stream” for the Australian accounting industry. One of the benefits is that you do not require a “special license” to act as an advisor to a company which is i…
Read more
19th Apr, 2017
Crowd Funding Offers Significant Benefits to SMEs and Accountants
Crowd Funding Offers Significant Benefits to SMEs and Accountants
Crowd Funding Offers Significant Benefits to SMEs and Accountants A new opportunity for small/medium enterprises, inventors and entrepreneurs has emerged with the passing by the Australian Senate of…
Read more
10th Apr, 2017
Are You Building a "Future Fit Accountancy Business"?
Are You Building a "Future Fit Accountancy Business"?
CCH iFirm presented a very interesting webinar earlier this week which raised a number of questions relating to how you might go about building a “Future Fit Accountancy Business”. What do you need…
Read more
3rd Apr, 2017
Crowd Sourced Funding Equity Legislation Passed
Crowd Sourced Funding Equity Legislation Passed
At long last the Australian parliament has passed the legislation that will enable companies to raise capital from the public.  This is a great decision for small medium enterprises, entrepreneurs an…
Read more
3rd Apr, 2017
Accountants.... Action Required Now to Assist Businesses to Reduce Debtors!
Accountants.... Action Required Now to Assist Businesses to Reduce Debtors!
Have you contacted your clients to ascertain their debtors' days outstanding?  How many of your clients have debtors' days outstanding similar to the average figure determined in a worldwide review t…
Read more
30th Mar, 2017
Accountants... Reducing Debtors' Days Outstanding Will Help Your Clients Survive!
Accountants... Reducing Debtors' Days Outstanding Will Help Your Clients Survive!
“90% of small business failures are due to poor cashflow” Ms Kate Carnell the Australian Government’s Small Business Ombudsman said recently. “Australia has the longest debtors days outstanding in t…
Read more
14th Mar, 2017
CFO's Services - Highly Desirable for Accountants to Provide
CFO's Services - Highly Desirable for Accountants to Provide
Accounting Market Pulse (produced for the Commonwealth Bank) December 2015 edition identified that the main areas of expected growth for accountancy businesses over the period from 1st January 2016 t…
Read more