Current rent roll valuations
by Colin on 02/07/10 at 7:15 am
There seems to be a growing requirement for rent rolls in the Melbourne real estate market. Many rent rolls are being enquirer about by brokers and associates of my clients. So what is the current range of multiples, what is the retention requirement and what are the factors that effect rent roll values. What are [...]
The ATO and Small Business Concessions
So you run a small legal practice in Melbourne and your December BAS is due for lodgement on March 1. The problem is that your last two have not been paid and you cannot see how you will have enough funds to pay this one. You know the ATO will charge you a penalty and [...]
Customer Service
I don’t genuinely get surprised and rarely get that warm fuzzy feeling when I get something in the mail. But today I did. A little while ago I signed up with Energy Australia for my home electricity and gas supplies. Amazingly I accepted the invitation from a door to door salesman and signed on the [...]
What makes a “Good” Accountant – part 2
Following on from my last post lets look at the rest of the factors that make a good accountant. A good accountant: 4.. Can think strategically. Setting up a complex structure that allows profits to be diverted to the Caymen Islands is fantastic if you stay under the ATO radar, trust that your accountant knows [...]
What makes a “Good” Accountant
I was at a NYE party last night and the inevitable question was asked of me: “So Colin, what do you do?” After a bit of discussion about what Bentley Partners does and what I do within the company, the topic transgressed to the qualities that make a good accountant. After the jokes about bean [...]
How can you supervise your bookkeeper?
I am often requested to provide a checklist for my clients to utilise when supervising their bookkeepers. After the latest request I thought that it would be smart to provide the resources for you all. Management of staff whether that be internal or external is a critical function that the small business owner must accept [...]
Bookkeeping 101
Bookkeeping versus accounting versus management information. So what does this all mean? Well unashamedly this post is a little bit of self promotion, but my real intention is more about trying to provide information and education for you – the small business owner. Many of you will have previously followed my posts at www.kundunconsulting.com.au. And [...]
Footy as an Insight into Business
The last 7 days in the AFL have seen the completion of the annual player meat market called trade week. The week sees clubs, players, player managers and the players family’s thrown into disarray as everyone tries to get the greatest “win” that they can from the week. The overwhelming intention is for each party [...]
Should you borrow more money?
At Bentley we pride ourselves on our ability to assist our clients to obtain the funding requirements that they require to grow and manage their businesses. We have extensive relationships with people capable of assisting them to get what they need. But the one question that they often fail to ask themselves is “Do I [...]
Planning – fun or not so fun
Yes you have probably heard it all before and you are going to hear it again. Businesses don’t plan to fail they fail because they don’t plan. I could also run through the alarming statistics around business failures in Australia but that would be simply pushing the boundaries a little too far. In a recent [...]
Budget – the Key Business Tool
A business that does not prepare a budget is flying blind – literally. Your budget is the most significant business tool that you have a your disposal. It establishes the KPI’s that your business should be targeting thus ensuring that you have a point of reference to compare against. It ensures that you make decisions [...]
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Protecting What’s Important
It occurred to me today that sometimes good people don’t always win – and too often bad people do. We were introduced to a new client at the start of February this year. His greatest problem was that he was naive to business and trusted the wrong people. He trusted that his accountant would provide [...]
Footy as an Insight into Business
The last 7 days in the AFL have seen the completion of the annual player meat market called trade week. The week sees clubs, players, player managers and the players family’s thrown into disarray as everyone tries to get the greatest “win” that they can from the week. The overwhelming intention is for each party [...]
