Blog & News

All businesses large and small need to be implementing a ‘Culture of Continuous Improvement’ to combat the challenges of 2024 and beyond. Observing and learning how a larger business operates can be very beneficial for an SME operator. Every bus...

This business process commences with the BUSINESS PLAN. The Business Plan should be prepared over a number of sessions with the leadership team, normally with an advisor, to discuss the vision relating to where you would like the business to be a...

When the Leadership Team have completed the “who is this business” document, the next task is to document the VISION. Many SMEs find that assistance from an experienced virtual CFO is beneficial in the preparation of the ‘vision document’ compris...

As a former Chief Financial Officer (CFO) of a listed company, one of the very important things that I learnt was that larger businesses operate as a series of small businesses. However, the important difference is that they have implemented syste...

Various reports have indicated that SMEs require significantly more ‘financial data’ throughout the year, not just at the end of the financial year. The information that is required relates not only to profit and loss account and balance sheet, b...

If your company is seeking to raise capital from the public utilising Section 708 of the Corporations Act, which enables the company to raise a maximum of $2M in a 12 month-period but only from ‘personal offers’, the directors need to ensure that ...

This is a MYTH! Directors of small companies need to ensure that proper processes are put in place whenever a company wants to raise capital. Section 708 of the Corporations Act enables small companies to raise capital without having to issue a ...

Investors can enjoy an enticing 'Taxation Benefit' when contributing capital to a company striving to attain ‘Early Stage Innovation Company Status’. This benefit not only proves attractive for investors but also provides the company with crucial ...

The ‘Early-Stage Innovation Company Status’ requires a company that has satisfied the ‘Test Time Determination’ to pass one of two subsequent tests: Gateway test, or Principles test To qualify under the Gateway Test, the company has to aggregat...