Tag Archives: Small Business
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 [...]
Full StoryPlanning – 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 [...]
Full StoryBudget – 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 [...]
Full StoryWhen Fair is Not Fair
Today I had confirmed the incompetence of the ATO. The Australian Taxation Office is a fully fledged ASS. That probably puts me directly onto the radar of the their inspectors however it is about time that their practices are addressed. I have two different clients: Client no.1 – good small business who through no real [...]
Full StoryDo you know where you are going?
One of the most asked questions that I get from my clients is: How do I……………… Invariably this is followed with a specific question about their business and wanting to understand exactly how they can achieve their goals. Obviously we are all in business because we want to achieve something and this is a question [...]
Full StoryProtecting 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 [...]
Full StoryYear End Wrap
Why is the year end the most difficult time for small business? It really is a question that has plagued me. And I think I have the answer – too many small business owners are worried about their tax position rather than concentrating on the real goal – running their businesses. I have said many [...]
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