Business Advisory

Blood may be thicker than water, but when it comes to the family business, there are certain pitfalls that can be avoided to ensure longevity and livelihood for future generations. Bringing in outsiders and professionalising a board of directors can really pay off for family businesses. Keeping it in the family Family businesses are the […]

This article focuses on the responsibilities of company directors, when the ‘health’ of the business is not great. As advisors, there are often times where we are asked by the owners or directors to give our opinion on the financial ‘health’ of their business or company. This most often occurs when the key financial indicators are […]

Think of your business plan as a roadmap designed to point the way to your current destination, knowing that where you land may not be your ultimate end point. After all, things are constantly changing in a healthy, thriving business. Market fluctuations, new competitors, changes in staffing or your sales figures may nudge you in […]

Most small business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses and view real time financial reports to manage cash flow and make better business decisions. But what many business owners don’t take advantage of are key insights that can improve customer care and increase […]

The key performance indicators (KPIs) for one company will invariably be different from the KPIs of another firm.  What both hypothetical companies share however, is the challenge of selecting which KPIs are best suited for measuring the goals and progress of their particular business model. Indeed, entrepreneurs have a vast array of reports and data […]

How to obtain financing is a common concern for new businesses and those preparing to scale. Getting approved for a business loan or line of credit is more difficult than qualifying for a personal loan. It’s crucial that small business owners are adequately prepared to meet with a lender to present their business in the […]