South East Metro - Business Enterprise Centre Inc - a one stop shop small business advice centre
The Business Enterprise Centre (BEC) is a not-for-profit organisation that provides quality, low-cost advice to start-up and established businesses. The centre is located in Welshpool, Western Australia, and is part of a national network of 110 Australian Business Enterprise Centres. The BEC has operated for over 15 years and is partially funded by the Australian government.
![]() I want to be able to understand what the numbers mean to my business. |
![]() We keep getting conflicting advice. We just need the facts. |
![]() I just don't have the time to cope with all the paperwork. |
South East Metro Business Enterprise Centre Inc - small business advice centre - Perth, WA
Chris Gray - Sunday, August 28, 2011
Need good quality business advice and the expertise of a proactive accountant?
Small business owners seeking the right advice to start, grow and to dramatically improve the performance of an existing business should book a FREE One Hour consultation with our senior Business Advisor.
With over 25 years of hands on business experience and an excellent team of accountants we have the solutions to your business challenges.
The key issues are often sales, profit, cash flow and working capital. A shortfall in any of these critical areas will be very detrimental to any business including yours.
Talk to us... we have the solutions to your business needs.
Small business owners seeking the right advice to start, grow and to dramatically improve the performance of an existing business should book a FREE One Hour consultation with our senior Business Advisor.
With over 25 years of hands on business experience and an excellent team of accountants we have the solutions to your business challenges.
The key issues are often sales, profit, cash flow and working capital. A shortfall in any of these critical areas will be very detrimental to any business including yours.
Talk to us... we have the solutions to your business needs.
Proactive Accountant - Do you have one?
Chris Gray - Friday, August 12, 2011
Just how proactive is your accountant?
Do you meet just once a year to do your tax returns and that's it?
We are seeing many small businesses who pay either a bookkeeper, a BAS agent or tax accountant to do their books.
In extreme cases the business is using a combination of all three; they do not even know each other and all work remotely at considerable expense to the client.
Incredibly the small business owner still has no real idea about the performance or real financial position of the business.
How can this be you ask?
Simply put there is no one on watch - busy yes, accountable no. Adding value to clients business - hardly.
In very many cases the process of accounting for a small business is extremely inefficient, expensive and of very low value to the business. In the background there is a very substantial real cost to the owner of the business who is sponsoring the business through long hours and having their equity position eroded.
In many cases this situation arises from a lack of knowledge - you don't know what you don't know.
The smart thing to do would be to ask someone that does to address this most urgent of situations.
Do you meet just once a year to do your tax returns and that's it?
We are seeing many small businesses who pay either a bookkeeper, a BAS agent or tax accountant to do their books.
In extreme cases the business is using a combination of all three; they do not even know each other and all work remotely at considerable expense to the client.
Incredibly the small business owner still has no real idea about the performance or real financial position of the business.
How can this be you ask?
Simply put there is no one on watch - busy yes, accountable no. Adding value to clients business - hardly.
In very many cases the process of accounting for a small business is extremely inefficient, expensive and of very low value to the business. In the background there is a very substantial real cost to the owner of the business who is sponsoring the business through long hours and having their equity position eroded.
In many cases this situation arises from a lack of knowledge - you don't know what you don't know.
The smart thing to do would be to ask someone that does to address this most urgent of situations.
Small Business - Survival of the fittest - Will your business be one of them?
Chris Gray - Tuesday, August 09, 2011
Small Business will be survival of the fittest.
The last 6 weeks has seen an increase in business seeking advice as a result of a down turn in sales of their product or service.
However, when examining more closely what has transpired it is readily apparent that the result we are seeing today are the direct outcome of the lack of actions that should have been taken place 12-24 months ago. There has been a failure to implement sound advice, good strategic decisions or worse a failure to understand the financial reports that were making the lack of business performance very, very clear.
The number #1 issue in many cases is that the financial position of the business has deteriorated to the point of no return and little can be done to rectify the situation when no further funding is available to trade out of the situation.
This then brings a host of new issues that small business owners and company directors should be aware of but often are not, of their responsibilities as a director particularly in regard to insolvent trading, Div 7 loans [company to director] and liabilities of directors in regards to PAYG withholding payments and soon to be Super payments.
If this is starting to resonate with you about your business or you know of a small business heading into a similar situation - the solution is take advice fast!
The last 6 weeks has seen an increase in business seeking advice as a result of a down turn in sales of their product or service.
However, when examining more closely what has transpired it is readily apparent that the result we are seeing today are the direct outcome of the lack of actions that should have been taken place 12-24 months ago. There has been a failure to implement sound advice, good strategic decisions or worse a failure to understand the financial reports that were making the lack of business performance very, very clear.
The number #1 issue in many cases is that the financial position of the business has deteriorated to the point of no return and little can be done to rectify the situation when no further funding is available to trade out of the situation.
This then brings a host of new issues that small business owners and company directors should be aware of but often are not, of their responsibilities as a director particularly in regard to insolvent trading, Div 7 loans [company to director] and liabilities of directors in regards to PAYG withholding payments and soon to be Super payments.
If this is starting to resonate with you about your business or you know of a small business heading into a similar situation - the solution is take advice fast!
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