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!
Trusted Business Advice essential to your business success
Chris Gray - Thursday, July 07, 2011
Trusted Business Advice.
The value of trusted business advice to your business can not be understated. Time and again we see business outcomes that have cost a bomb and could have been so easily avoided. Just 10% of the same cost could have had the business and the owner in a vastly different place, given what they now know!
Success in small business is a well trodden path and there are many experienced business practitioners available who are only too willing to share their knowledge, experience and expertise to ensure that the path that you are going to take is going to be one that rewards your endeavours. A great place to start is here at the BEC where we have more than 30 years of valuable experience to add more profit to your bottom line.
The value of trusted business advice to your business can not be understated. Time and again we see business outcomes that have cost a bomb and could have been so easily avoided. Just 10% of the same cost could have had the business and the owner in a vastly different place, given what they now know!
Success in small business is a well trodden path and there are many experienced business practitioners available who are only too willing to share their knowledge, experience and expertise to ensure that the path that you are going to take is going to be one that rewards your endeavours. A great place to start is here at the BEC where we have more than 30 years of valuable experience to add more profit to your bottom line.
How to start a new business in Perth, WA, Australia
Chris Gray - Thursday, July 07, 2011
Starting a new Business
The very first step is you must take good advice from someone who is qualified to assist you. That is someone with direct hands on experience in owning and operating small businesses, who also has sound accounting, finance and marketing skills and definitely not someone who has spent their working life as an employee - small business is just a completely new world.
We have a very simple, yet powerful tool that will provide you with considerable insight into what makes a good, sound financial model without which business cannot succeed.
We provide this tool to every single client we advise at the first meeting as it provides the foundation to every decision that is made including creating, staffing, financing and marketing the business.
Do yourself a huge favour and save yourself many thousands of dollars in the process. This is information that you most definitely should not be without.
The very first step is you must take good advice from someone who is qualified to assist you. That is someone with direct hands on experience in owning and operating small businesses, who also has sound accounting, finance and marketing skills and definitely not someone who has spent their working life as an employee - small business is just a completely new world.
We have a very simple, yet powerful tool that will provide you with considerable insight into what makes a good, sound financial model without which business cannot succeed.
We provide this tool to every single client we advise at the first meeting as it provides the foundation to every decision that is made including creating, staffing, financing and marketing the business.
Do yourself a huge favour and save yourself many thousands of dollars in the process. This is information that you most definitely should not be without.
Small Business WA - Management Capability
Chris Gray - Thursday, July 07, 2011
Small Business Management Capability
Small Businesses need greater management capability to achieve the level of profitability and growth required to survive in today's market place. To-date many have got away with deficiencies in this area however we are seeing many examples where this lack of management skills has caught up with them and they now face the very real possibility of going out of business.
If you do not have the management experience or expertise in- house it is imperative that your get someone on board either out sourced or in a part time role to ensure you do not face extinction!
Come on in for a chat and our Senior Business Advisor can assist you to get on track fast.
Small Businesses need greater management capability to achieve the level of profitability and growth required to survive in today's market place. To-date many have got away with deficiencies in this area however we are seeing many examples where this lack of management skills has caught up with them and they now face the very real possibility of going out of business.
If you do not have the management experience or expertise in- house it is imperative that your get someone on board either out sourced or in a part time role to ensure you do not face extinction!
Come on in for a chat and our Senior Business Advisor can assist you to get on track fast.
Small Business Advisors Perth
Chris Gray - Thursday, June 30, 2011
Small Business Advisors - Perth
Have you got one? If you are a small business owner and you do not regularly use the services of a good small business advisor you are selling yourself short. You could dramatically improve the performance of your business using the hard earned skill, experience and expertise of an advisor who has earned their stripes with direct hands on business experience at a fraction of the cost to you.
Call us now [08] 9351 5824 or chris@metrobec.com.au
Have you got one? If you are a small business owner and you do not regularly use the services of a good small business advisor you are selling yourself short. You could dramatically improve the performance of your business using the hard earned skill, experience and expertise of an advisor who has earned their stripes with direct hands on business experience at a fraction of the cost to you.
Call us now [08] 9351 5824 or chris@metrobec.com.au
What price for great business and accounting advice?
Chris Gray - Thursday, June 30, 2011
What price would put on great business advice and accounting advice for you small business?
The answer to that is it must always be relative to the value you receive as a result of the advice provided.
You should be able to equate the value any product or service you use to a financial benefit to your business.
Like any other investment decision you should expect a multiple return on evey dollar spent
If you are advertising and there are no new customers or sales as a result stop the exercise and find a better way.
Often when we review clients business financial we find the amount spent annually on accounting and business advice is moreless non existent. That is there just enough to address the compliance and record keeping requirements and nothing more.
At the same time we find the business owner are paid poorly for their endeavors or worse there are trading losses.
Now all of this is avoidable with good advice, a proper financial plan and budgets and regular monthly reviews.
When a business ceases to trade and goes into liquidation the creditors will agree to appoint a liquidator. The cost of this exercise can be as much as $50k which rapidly diminishes the outcome for everyone - creditors, staff, owner.
Again this situation is avoidable at a very modest cost by comparison.
If you are experiencing any trading difficulties you most act fast and seek advice.
For every day that you leave your call to action the cost escalates rapidly.
Call us now [08] 9351 5824 chris@metrobec.com.au
The answer to that is it must always be relative to the value you receive as a result of the advice provided.
You should be able to equate the value any product or service you use to a financial benefit to your business.
Like any other investment decision you should expect a multiple return on evey dollar spent
If you are advertising and there are no new customers or sales as a result stop the exercise and find a better way.
Often when we review clients business financial we find the amount spent annually on accounting and business advice is moreless non existent. That is there just enough to address the compliance and record keeping requirements and nothing more.
At the same time we find the business owner are paid poorly for their endeavors or worse there are trading losses.
Now all of this is avoidable with good advice, a proper financial plan and budgets and regular monthly reviews.
When a business ceases to trade and goes into liquidation the creditors will agree to appoint a liquidator. The cost of this exercise can be as much as $50k which rapidly diminishes the outcome for everyone - creditors, staff, owner.
Again this situation is avoidable at a very modest cost by comparison.
If you are experiencing any trading difficulties you most act fast and seek advice.
For every day that you leave your call to action the cost escalates rapidly.
Call us now [08] 9351 5824 chris@metrobec.com.au
Small Business Accountants - Perth
Chris Gray - Thursday, June 30, 2011
Small Business Accountants - Perth
Every small business should have a good working relationship with an accountant who knows and understands the needs of small business. Most importantly the accountant should be able to diagnose what the issues are with the performance of any small business - and they are always issues - and provide prompt advice to enable you to take immediate action.
The most common issues we see are lack of cashflow, low gross profit margins, inadequate working capital and business owners paying themselves more than the business can possibly afford.
If any of these issues resonate with you, you need to talk to us fast and save yourself a fortune in the process.
Ph 9351 5824 for an appointment.
Every small business should have a good working relationship with an accountant who knows and understands the needs of small business. Most importantly the accountant should be able to diagnose what the issues are with the performance of any small business - and they are always issues - and provide prompt advice to enable you to take immediate action.
The most common issues we see are lack of cashflow, low gross profit margins, inadequate working capital and business owners paying themselves more than the business can possibly afford.
If any of these issues resonate with you, you need to talk to us fast and save yourself a fortune in the process.
Ph 9351 5824 for an appointment.
Book a Free 1hr Consultation Here
Recent Posts
- South East Metro Business Enterprise Centre Inc
- South East Metro Business Enterprise Centre Inc - small business advice centre - Perth, WA
- Proactive Accountant - Do you have one?
- Small Business - Survival of the fittest - Will your business be one of them?
- Trusted Business Advice essential to your business success
- How to start a new business in Perth, WA, Australia
- Small Business WA - Management Capability
- BUSINESS WOMEN'S FORUM 13/07/11
- Small Business Advisors Perth
- What price for great business and accounting advice?
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