# Daily Posts #### ESS BIZTOOLS Blogs [ 22nd Sep, 2025![The Blueprint to Selling Advisory Services](https://www.essbiztools.com/images/zoo/blogs/2025/am425banner.jpg) The Blueprint to Selling Advisory Services Accountants Minute 425 Becoming a Key Strategic Partner A recent Intuit QuickBooks SMB Navigator Report (2025) revealed a sobering statistic: only 15% of the 500 SMEs surveyed considered their accountant to be a true “key… - Tags: [accountants for SMEs](https://www.essbiztools.com/daily-posts/tag/accountants%20for%20SMEs) | [advisory services](https://www.essbiztools.com/daily-posts/tag/advisory%20services) | [Bookkeepers](https://www.essbiztools.com/daily-posts/tag/Bookkeepers) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Selling Advisory Services](https://www.essbiztools.com/daily-posts/tag/Selling%20Advisory%20Services) | [The BOSS Factor](https://www.essbiztools.com/daily-posts/tag/The%20BOSS%20Factor) | [Virtual CFO](https://www.essbiztools.com/daily-posts/tag/Virtual%20CFO) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/the-blueprint-to-selling-advisory-services) [ 21st Aug, 2024![Challenges are mounting for SMEs: how can you help?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp220824.jpg) Challenges are mounting for SMEs: how can you help? Business Advisory Services Update Our recent webinar – ‘Fiscal Management – a Starting Point’ – covered a range of very important topics for accountants and bookkeepers relative to providing services to SMEs who are currently facing… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/challenges-are-mounting-for-smes-how-can-you-help) [ 12th Aug, 2024![Becoming the Brilliant and Trusted Advisors SMEs need today](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp130824.jpg) Becoming the Brilliant and Trusted Advisors SMEs need today Business Advisory Services Update The former ATO Commissioner Chris Jordan warned in 2022 that many Accountants needed to adopt a “new business model”, if they were going to remain viable in the next few years. He commented that Acc… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [debtors management](https://www.essbiztools.com/daily-posts/tag/debtors%20management) | [fiscal management](https://www.essbiztools.com/daily-posts/tag/fiscal%20management) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/becoming-the-brilliant-and-trusted-advisors-smes-need-today) [ 11th Aug, 2024![Current challenges for SMEs and their impact on Accountants](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp120824.jpg) Current challenges for SMEs and their impact on Accountants Business Advisory Services Update The current challenges confronting SMEs include: high interest rates high inflation business failures Paul Robson, CEO of MYOB commented recently: “Fiscal management skills not evident in… - Tags: [fiscal management](https://www.essbiztools.com/daily-posts/tag/fiscal%20management) Read more ](https://www.essbiztools.com/daily-posts/current-challenges-for-smes-and-their-impact-on-accountants) [ 31st Jul, 2024![Guiding retailers to achieve their profit goals](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp010824.jpg) Guiding retailers to achieve their profit goals Business Advisory Services Update Operating a retail business is very tough, and some people embark on a ‘retail journey’ without fully understanding the various issues they will face. Accountants and bookkeepers are not typically tr… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [retail price calculator](https://www.essbiztools.com/daily-posts/tag/retail%20price%20calculator) | [retailers](https://www.essbiztools.com/daily-posts/tag/retailers) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/guiding-retailers-to-achieve-their-profit-goals) [ 24th Jul, 2024![Small Business Equity Financing Course: early bird discount promotion ending soon](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp270724_1.jpg) Small Business Equity Financing Course: early bird discount promotion ending soon Business Advisory Services Update Time is running out to perfect your business advisory skills! Register now for the ‘Small Business Equity Financing’ for Advisors and Virtual CFOs eLearning course. Specifically designed for account… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [small business equity financing](https://www.essbiztools.com/daily-posts/tag/small%20business%20equity%20financing) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/small-business-equity-financing-course-early-bird-discount-promotion-ending-soon) [ 23rd Jul, 2024![Master Equity Financing for SMEs with our comprehensive eLearning course](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp240724.jpg) Master Equity Financing for SMEs with our comprehensive eLearning course Business Advisory Services Update In today’s fluctuating economic climate, businesses must navigate complex financial landscapes to ensure sustainability and growth. Our new eLearning course, Small Business Equity Financing, is desi… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Capital Raising](https://www.essbiztools.com/daily-posts/tag/Capital%20Raising) | [small business equity financing](https://www.essbiztools.com/daily-posts/tag/small%20business%20equity%20financing) | [SME equity financing](https://www.essbiztools.com/daily-posts/tag/SME%20equity%20financing) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/master-equity-financing-for-smes-with-our-comprehensive-elearning-course) [ 22nd Jul, 2024![The importance of an effective charge out rate calculators for tradies](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp230724.jpg) The importance of an effective charge out rate calculators for tradies Business Advisory Services Update There are thousands of tradie businesses in Australia, and virtually every small/medium sized accounting and bookkeeping firm has one or more business clients under this category. Calculating charge… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [Tradie Charge Out Calculator](https://www.essbiztools.com/daily-posts/tag/Tradie%20Charge%20Out%20Calculator) Read more ](https://www.essbiztools.com/daily-posts/the-importance-of-an-effective-charge-out-rate-calculators-for-tradies) [ 17th Jul, 2024![Master Equity Financing: boost your advisory skills](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp180724.jpg) Master Equity Financing: boost your advisory skills Business Advisory Services Update Prepared and presented by Peter Towers, Accountant, Company Director, Consultant, Founder, and Managing Director of ESS BIZTOOLS – email: – website: www.essbiztools.com.au I… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [eLearning](https://www.essbiztools.com/daily-posts/tag/eLearning) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [small business equity financing](https://www.essbiztools.com/daily-posts/tag/small%20business%20equity%20financing) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/master-equity-financing-boost-your-advisory-skills) [ 9th Jul, 2024![Empowering Bookkeepers to DELIVER Advisory Services](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp100724.jpg) Empowering Bookkeepers to DELIVER Advisory Services Business Advisory Services Update The recent article in the Financial Review, featuring the CEO of MYOB, Paul Robson, clearly identified FISCAL MANAGEMENT as a significant issue for SMEs. Mr Robson indicated that many SMEs start off… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/empowering-bookkeepers-to-deliver-advisory-services) [ 8th Jul, 2024![Enhancing profitability for tradies](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp090724.jpg) Enhancing profitability for tradies Business Advisory Services Update There are thousands of ‘tradie’ businesses in Australia, and virtually every small/medium sized accounting and bookkeeping firm has one or more ‘tradie’ business clients. Unfortunately, many tradies… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [tradie charge-out rate calculator](https://www.essbiztools.com/daily-posts/tag/tradie%20charge-out%20rate%20calculator) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/enhancing-profitability-for-tradies) [ 4th Jul, 2024![Do you know that SMEs are spending BILLIONS on R&D?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp050724.jpg) Do you know that SMEs are spending BILLIONS on R&D? Business Advisory Services Update The Government estimates that Research and Development (R&D) expenditure by SMEs will be approximately $5.83B in 2022/23! The cost to the Government is the Research and Development Tax Offset, w… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [R&D Tax Offset](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/do-you-know-that-smes-are-spending-billions-on-r-d) [ 2nd Jul, 2024![Certified Predictive Accounting Program](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp030724.jpg) Certified Predictive Accounting Program Business Advisory Services Update PREDICTIVE ACCOUNTING has become the latest buzzword of the Accounting industry, yet not enough people know what it is and how it can be used. The detailed reports that flow from Predictive Accounti… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [financial forecasting](https://www.essbiztools.com/daily-posts/tag/financial%20forecasting) | [financial storyteller](https://www.essbiztools.com/daily-posts/tag/financial%20storyteller) | [PlanGuru](https://www.essbiztools.com/daily-posts/tag/PlanGuru) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/certified-predictive-accounting-program) [ 26th Jun, 2024![Financial Forecasting Package: Research and Development](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp280724-b.jpg) Financial Forecasting Package: Research and Development Business Advisory Services Update A recent report by the Department of Industry, Science and Resources indicated that the estimated ‘refundable offset’ for “companies with an annual turnover of less than $20M in 2022/23” would be $2… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Financial Forecasting](https://www.essbiztools.com/daily-posts/tag/Financial%20Forecasting) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [Research and Development](https://www.essbiztools.com/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/financial-forecasting-package-research-and-development) [ 26th Jun, 2024![Setting retail prices to achieve targeted profit](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp280624.jpg) Setting retail prices to achieve targeted profit Business Advisory Services Update Retailers face ongoing challenges from competition, as well as calculating the price mix correctly. Miscalculations will have a significant effect on fiscal issues for SMEs. Such as overinvestment in… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Retail Pricing Calculator](https://www.essbiztools.com/daily-posts/tag/Retail%20Pricing%20Calculator) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/setting-retail-prices-to-achieve-targeted-profit) [ 26th Jun, 2024![Advisory Intro Package: Tradie Charge Out Rate Calculator](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp270724.jpg) Advisory Intro Package: Tradie Charge Out Rate Calculator Business Advisory Services Update There are thousands of ‘tradie’ businesses in Australia and virtually every accounting and bookkeeping firm would have one or more ‘tradie’ business clients. The calculation of charge out rate for t… - Tags: [Advisory Intro Package](https://www.essbiztools.com/daily-posts/tag/Advisory%20Intro%20Package) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [tradie charge out rate calculator](https://www.essbiztools.com/daily-posts/tag/tradie%20charge%20out%20rate%20calculator) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/advisory-intro-package-tradie-charge-out-rate-calculator) [ 25th Jun, 2024![Fiscal Management: a Starting Point](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp260624-b.jpg) Fiscal Management: a Starting Point Business Advisory Services Update ESS BIZTOOLS will present a webinar, together with Amanda Gascoigne of Amanda Gascoigne Consulting, to discuss strategies that accountants can implement to improve their SME clients’ understanding of… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [fiscal management](https://www.essbiztools.com/daily-posts/tag/fiscal%20management) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/fiscal-management-a-starting-point) [ 25th Jun, 2024![Advanced Package: Early Stage Innovation Company](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp260624.jpg) Advanced Package: Early Stage Innovation Company Business Advisory Services Update ESS BIZTOOLS will present a webinar, looking into one of the components of the Advanced Package – Early Stage Innovation Company. The Early Stage Innovation Company (ESIC) capital raising was introd… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Early Stage Innovation Company](https://www.essbiztools.com/daily-posts/tag/Early%20Stage%20Innovation%20Company) | [ESIC](https://www.essbiztools.com/daily-posts/tag/ESIC) Read more ](https://www.essbiztools.com/daily-posts/advanced-package-early-stage-innovation-company) [ 18th Jun, 2024![Are you ready to deliver advisory services?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp190624.jpg) Are you ready to deliver advisory services? Business Advisory Services Update Is your firm prepared and ready to be able to deliver BUSINESS ADVISORY SERVICES to SMEs? ESS BIZTOOLS has developed product packages to assist Accountants and Bookkeepers to deliver a broader range… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/are-you-ready-to-deliver-advisory-services) [ 17th Jun, 2024![ESS BIZTOOLS Advanced Package](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp180624.jpg) ESS BIZTOOLS Advanced Package Business Advisory Services Update The ESS BIZTOOLS’ Advanced Package is packed with tools and insights to help you and your clients succeed. This package includes: Client Seminars ESS Papers SME Needs Analysis Tradies Charge Ou… - Tags: [advanced package](https://www.essbiztools.com/daily-posts/tag/advanced%20package) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/ess-biztools-advanced-package) [ 4th Jun, 2024![Advisory Intro Package - what's included?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp040624.jpg) Advisory Intro Package - what's included? Business Advisory Services Update The ESS BIZTOOLS’ ADVISORY INTRO PACKAGE has been developed for Bookkeeping and Accounting Firms, to better equip them to offer advisory services to SMEs, Charities, Not-for-Profit Organisations and… - Tags: [Advisory Intro Package](https://www.essbiztools.com/daily-posts/tag/Advisory%20Intro%20Package) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/advisory-intro-package-whats-included) [ 3rd Jun, 2024![Advisory Intro Package](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp040624.jpg) Advisory Intro Package Business Advisory Services Update Over the last few years, we have received multiple enquiries from bookkeepers who wanted to know about the resources that they could access by becoming a subscriber to ESS BIZTOOLS. As a result, a nu… - Tags: [Advisory Intro Package](https://www.essbiztools.com/daily-posts/tag/Advisory%20Intro%20Package) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/advisory-intro-package) [ 29th May, 2024![The importance of follow-up](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp300524.jpg) The importance of follow-up Business Advisory Services Update When it comes to communicating with clients and prospects through newsletters, follow-up is crucial and integral to the process. We recommend reaching out to specific clients or prospects. Discuss i… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plus Newsletter](https://www.essbiztools.com/daily-posts/tag/Business%20Plus%20Newsletter) | [newsletter](https://www.essbiztools.com/daily-posts/tag/newsletter) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/the-importance-of-follow-up) [ 28th May, 2024![Newsletter is a great communication tool](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp290524.jpg) Newsletter is a great communication tool Business Advisory Services Update Brad Smart, author of Selling the Message, affirms that a WRITTEN COMMUNICATION SYSTEM is very important for Accountants and Bookkeepers. 17 years ago, ESS BIZTOOLS launched Business Plus+ Newslette… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plus Newsletter](https://www.essbiztools.com/daily-posts/tag/Business%20Plus%20Newsletter) | [communication](https://www.essbiztools.com/daily-posts/tag/communication) | [newsletter](https://www.essbiztools.com/daily-posts/tag/newsletter) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/newsletter-is-a-great-communication-tool) [ 27th May, 2024![Are you communicating to SMEs?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp280524.jpg) Are you communicating to SMEs? Business Advisory Services Update “In presentations, as in the rest of life, sticking with the same old presenting styles on the basis of “that’s how I have always done it” really means you are standing still while the rest of the wo… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [communication](https://www.essbiztools.com/daily-posts/tag/communication) | [newsletter](https://www.essbiztools.com/daily-posts/tag/newsletter) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/are-you-communicating-to-smes) [ 21st May, 2024![Do you aspire to be the financial expert?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp220524.jpg) Do you aspire to be the financial expert? Business Advisory Services Update The recent report by the ASIC indicates that small business failures have jumped to 34% this financial year. This highlights the significant problems that SMEs have. Not understanding FISCAL MANAGEM… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [fiscan management](https://www.essbiztools.com/daily-posts/tag/fiscan%20management) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/do-you-aspire-to-be-the-financial-expert-2) [ 15th May, 2024![Delivering advisory services for SME growth](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp160524.jpg) Delivering advisory services for SME growth Business Advisory Services Update Whether you’re beginning your advisory services journey, or if this is not your ‘first rodeo’, the following are some of the types of services that will help SMEs to survive and ‘scale up’… Understa… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/delivering-advisory-services-for-sme-growth) [ 14th May, 2024![Why provide advisory services?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp150524.jpg) Why provide advisory services? Business Advisory Services Update According to ASIC, small business failure has jumped 34% this financial year! “A large number of small businesses go out of business in their first six months not because their idea was a bad one bu… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [cash flow management](https://www.essbiztools.com/daily-posts/tag/cash%20flow%20management) | [debtors days outstanding](https://www.essbiztools.com/daily-posts/tag/debtors%20days%20outstanding) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/why-provide-advisory-services) [ 13th May, 2024![Be the first trusted advisor for SMEs](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp140524.jpg) Be the first trusted advisor for SMEs Business Advisory Services Update The challenge for Bookkeepers, Accountants and Business Advisers is to have an awareness of the SME client’s business operations, significantly broader than the information required to complete the t… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/be-the-first-trusted-advisor-for-smes) [ 8th May, 2024![How can ESS BIZTOOLS help? Part 2](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp080524.jpg) How can ESS BIZTOOLS help? Part 2 Business Advisory Services Update Other products that ESS BIZTOOLS offer include: Introduction to R&D Tax Rebate: a great resource to allow you to provide R&D financial advisory service to your SME clients. Introduction to… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/how-can-ess-biztools-help-part-2) [ 7th May, 2024![How can ESS BIZTOOLS help? Part 1](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp080524.jpg) How can ESS BIZTOOLS help? Part 1 Business Advisory Services Update The ESS BIZTOOLS subscription packages contains a wide range of resources to help Bookkeepers and Accountants to deliver the type of services SMEs are seeking. Some of these resources are: SME Needs… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/how-can-ess-biztools-help-part-1) [ 3rd May, 2024![SMEs are on the lookout for proactive advice](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp070524.jpg) SMEs are on the lookout for proactive advice Business Advisory Services Update SMEs are on the lookout for proactive advice ADVISORY SERVICE entails Bookkeepers and Accountants assisting SMEs beyond the past – with their present and future business issues. Being the ‘historian… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/smes-are-on-the-lookout-for-proactive-advice) [ 1st May, 2024![Were they warned?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp020524.jpg) Were they warned? Business Advisory Services Update Peter Towers of ESS BIZTOOLS and Trevor Marchant of Marchant Dallas recently presented a podcast, discussing strategies that could be implemented to reduce small business failures, and what can Accou… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/were-they-warned) [ 24th Apr, 2024![Streamlined financial management: daily, weekly and monthly accountability](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp260424.jpg) Streamlined financial management: daily, weekly and monthly accountability Business Advisory Services Update At the end of the month, monthly Financial Accounts should be prepared for each business operation, with a comparison to budge, with monthly KPIs and Business Metrics prepared. This is the process t… - Tags: [52-week of the year accounting process](https://www.essbiztools.com/daily-posts/tag/52-week%20of%20the%20year%20accounting%20process) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/streamlined-financial-management-daily-weekly-and-monthly-accountability) [ 23rd Apr, 2024![Bridging the gap: weekly performance insights for SMEs](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp240424.jpg) Bridging the gap: weekly performance insights for SMEs Business Advisory Services Update Compare the large business’ weekly operations to what happens in most SMEs… It would be a very rare occasion at present that an SME is receiving input from their accounting/bookkeeping firm on a pro… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/bridging-the-gap-weekly-performance-insights-for-smes) [ 22nd Apr, 2024![Unlocking growth: applying large business management principles to SMEs](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp230424.jpg) Unlocking growth: applying large business management principles to SMEs Business Advisory Services Update A significant difference in management/accounting approach by large businesses, as compared to SMEs, is that many large businesses operate as a ‘group of small businesses’, under the control of an ar… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/unlocking-growth-applying-large-business-management-principles-to-smes) [ 16th Apr, 2024![52-Week Business Enhancement System – what’s involved?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp180424.jpg) 52-Week Business Enhancement System – what’s involved? Business Advisory Services Update The detail components of the system include business due diligence review by the bookkeeping/accounting firm, to achieve ‘an inch wide and a mile deep’ understanding of the client’s business operatio… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/52-week-business-enhancement-system-whats-involved) [ 16th Apr, 2024![SMEs want what large companies are having too!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp170424.jpg) SMEs want what large companies are having too! Business Advisory Services Update To be the EXPERT and deliver Advisory Services is to embrace the concept of the 52-Week Business Enhancement System. This system involves the following activities: Daily: KPIs and Business Metrics R… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/smes-want-what-large-companies-are-having-too) [ 15th Apr, 2024![Be the expert: offer Advisory Services!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp160424.jpg) Be the expert: offer Advisory Services! Business Advisory Services Update Accountants and Bookkeepers can offer a virtual CFO service to their clients. This involves a lot more than just preparing financial accounts. With today’s technology, software and communication faci… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/be-the-expert-offer-advisory-services) [ 11th Apr, 2024![Buying a Business Education Pack](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/basp120424.jpg) Buying a Business Education Pack Business Advisory Services Update The ESS BIZTOOLS’ ‘Buying a Business Product Package’ includes ‘Buying a Business Education Pack’, which contains commentary on: Thinking about buying a business Business structures Budgets and ca… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [buying a business](https://www.essbiztools.com/daily-posts/tag/buying%20a%20business) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/buying-a-business-education-pack) [ 10th Apr, 2024![Purchasing a Business Checklist](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp110424.jpg) Purchasing a Business Checklist Business Advisory Services Update The ‘Purchasing a Business Checklist’, which is included in the ESS BIZTOOLS’ ‘Buying a Business Package’, identifies many potential traps involved in purchasing a business which could include: Does… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [buying a business](https://www.essbiztools.com/daily-posts/tag/buying%20a%20business) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/purchasing-a-business-checklist) [ 9th Apr, 2024![Are any of your SME clients plan on buying a business?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp100424.jpg) Are any of your SME clients plan on buying a business? Business Advisory Services Update ESS BIZTOOLS has introduced the ADVISORY INTRO PRODUCT PACKAGE, developed to assist Bookkeepers and Accountants who are considering delivering a broader range of professional services to SMEs. Inclu… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Buying a Business](https://www.essbiztools.com/daily-posts/tag/Buying%20a%20Business) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/are-any-of-your-sme-clients-plan-on-buying-a-business) [ 4th Apr, 2024![WEEKLY REFLECTIONS: Advisory services start with communication](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/baspr24.04.05.jpg) WEEKLY REFLECTIONS: Advisory services start with communication Business Advisory Services Update Business Plus+ Newsletter, released on the second Friday of each month, is a communication tool for Bookkeepers and Accountants that can aid with informing your SME clients and prospects on the wide… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plus Newsletter](https://www.essbiztools.com/daily-posts/tag/Business%20Plus%20Newsletter) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [SME Needs Analysis](https://www.essbiztools.com/daily-posts/tag/SME%20Needs%20Analysis) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/weekly-reflections-advisory-services-start-with-communication) [ 3rd Apr, 2024![A conversation with a client](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp040424.jpg) A conversation with a client Business Advisory Services Update SMEs welcome the opportunity to have a discussion with their bookkeeper/accountant on issues relating to their business activities and not always on taxation matters. The art of ‘Delivering Advisory… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [SME Needs Analysis](https://www.essbiztools.com/daily-posts/tag/SME%20Needs%20Analysis) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/a-conversation-with-a-client) [ 3rd Apr, 2024![Accountants and Bookkeepers – do you have a communication tool?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp030424.jpg) Accountants and Bookkeepers – do you have a communication tool? Business Advisory Services Update Newsletters are great communication tool which will help you convey to your clients and prospects that you are able to deliver ADVISORY SERVICES. ESS BIZTOOLS has developed Business Plus+ Newsletter… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plus Newsletter](https://www.essbiztools.com/daily-posts/tag/Business%20Plus%20Newsletter) | [newsletter](https://www.essbiztools.com/daily-posts/tag/newsletter) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/accountants-and-bookkeepers-do-you-have-a-communication-tool) [ 25th Mar, 2024![Research and Development lodgement time](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp260324.jpg) Research and Development lodgement time Business Advisory Services Update Accountants who assist SMEs with advice on R&D know that the deadline for the lodgment of the R&D Tax Incentive application – Registration of R&D activities is 30 April 2024. A summary o… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [R&D Tax Incentive](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Incentive=) | [Research and Development](https://www.essbiztools.com/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/research-and-development-lodgement-time) [ 21st Mar, 2024![WEEKLY REFLECTIONS: “Corporate insolvencies spike to a decade high”](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/baspr24.03.22.jpg) WEEKLY REFLECTIONS: “Corporate insolvencies spike to a decade high” Business Advisory Services Update “Corporate insolvencies spike to a decade high” – Australian Financial Review, 20 March 2024 This heading highlights the urgency of ADVISORY SERVICES being delivered by Accountants and Bookkeepers… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/weekly-reflections-corporate-insolvencies-spike-to-a-decade-high) [ 20th Mar, 2024![Advisory services assist diversification](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp210324.jpg) Advisory services assist diversification Business Advisory Services Update Offering advisory services to SMEs by Bookkeepers and Accountants assists in the diversification of the firm’s activities so as to give some protection from the challenges predicted by the Tax Commis… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/advisory-services-assist-diversification) [ 19th Mar, 2024![Assisting retailers to generate targeted profit](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp200324.jpg) Assisting retailers to generate targeted profit Business Advisory Services Update Bookkeepers and Accountants who are offering Advisory Services can make some valuable input to retailers, who have to wrestle with a different situation from tradies when setting retail prices to ach… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [retailers](https://www.essbiztools.com/daily-posts/tag/retailers) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/assisting-retailers-to-generate-targeted-profit) [ 18th Mar, 2024![‘Advisory Intro’ launched for Bookkeepers and Accountants](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp190324.jpg) ‘Advisory Intro’ launched for Bookkeepers and Accountants Business Advisory Services Update The new ‘ADVISORY INTRO PRODUCT PACKAGE’ has been developed by ESS BIZTOOLS, to assist Bookkeeping/ Accounting firms to deliver Advisory Services to SMEs, charities, not-for-profit and sporting organ… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/advisory-intro-launched-for-bookkeepers-and-accountants) [ 14th Mar, 2024![WEEKLY REFLECTIONS: Trusted advisor delivery is changing!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/baspr24.03.15.jpg) WEEKLY REFLECTIONS: Trusted advisor delivery is changing! Business Advisory Services Update Delivery of COMPLIANCE and ADVISORY SERVICES is what SMEs deserve from their TRUSTED ADVISOR. “The role of a TRUSTED ADVISOR is crucial in helping people and businesses find ways to continue to thri… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/weekly-reflections-trusted-advisor-delivery-is-changing) [ 12th Mar, 2024![Predictive accounting creates storytellers](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp130324.jpg) Predictive accounting creates storytellers Business Advisory Services Update Predictive Accounting enables the ‘Financial Interpretation’ of the Business Plan to be prepared by Accountants. This process has the significant benefit of ‘bringing the business plan to life’. Wi… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/predictive-accounting-creates-storytellers) [ 11th Mar, 2024![Week-by-week accounting VITAL for success](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp120324.jpg) Week-by-week accounting VITAL for success Business Advisory Services Update Accountants and bookkeepers are aware that the old concept of producing an annual set of accounts and income tax return is not enough data for a business to survive. The ‘52-WEEK BUSINESS ENHANCEMEN… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/week-by-week-accounting-vital-for-success) [ 29th Feb, 2024![WEEKLY REFLECTIONS: Heed the warning? Advisory services enhance viability!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/baspr24.03.01.jpg) WEEKLY REFLECTIONS: Heed the warning? Advisory services enhance viability! Business Advisory Services Update 18 months ago, the Tax Commissioner delivered a message to Bookkeepers and Accountants: “You must understand that if your business model is high-volume, low margin, simple tax returns, your business… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/weekly-reflections-heed-the-warning-advisory-services-enhance-viability) [ 28th Feb, 2024![Setting SMEs up to succeed](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp290224.jpg) Setting SMEs up to succeed Business Advisory Services Update This is a very important role for SME Advisers. After the ‘Due Diligence Review’ on the business operations, we now move into the serious business relating to the preparation of a Business Plan for… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/setting-smes-up-to-succeed) [ 27th Feb, 2024![Keen to deliver advisory services to SMEs?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp280224.jpg) Keen to deliver advisory services to SMEs? Business Advisory Services Update Bookkeeping firms and bookkeeping sections within accountancy firms certainly have a lot of contact with their SME clients on a daily, weekly or monthly basis. This means it is very important that t… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/keen-to-deliver-advisory-services-to-smes) [ 26th Feb, 2024![Systems foundations vital](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp270224.jpg) Systems foundations vital Business Advisory Services Update Financial Records are prepared not just for the preparation of annual financial statements and tax returns. The basic financial records are the FOUNDATION on which the business is built – just like a… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/systems-foundations-vital) [ 23rd Feb, 2024![WEEKLY REFLECTION: Model service delivery on larger businesses](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/baspr24.02.24.jpg) WEEKLY REFLECTION: Model service delivery on larger businesses Business Advisory Services Update Annual accounts and tax returns are not enough data to successfully operate a business. SMEs need monthly financial accounts, as well as business KPIs and metrics, comparison to budgets – data simil… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/weekly-reflection-model-service-delivery-on-larger-businesses) [ 22nd Feb, 2024![Documenting the vision](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp230224.jpg) Documenting the vision Business Advisory Services Update A key component of Accountants/Bookkeepers services to SMEs beyond the preparation of annual accounts and income tax return is to assist your SME client to ‘DOCUMENT THE VISION’. This is a very impo… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/documenting-the-vision) [ 21st Feb, 2024![Learn from larger businesses](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp220224.jpg) Learn from larger businesses Business Advisory Services Update Accountants and bookkeepers: by encouraging your SME clients to think like a “larger business”, they will understand the benefit of receiving continuous information relating to their business. Where… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/learn-from-larger-businesses) [ 19th Feb, 2024![Are the annual accounts and tax return enough?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp200224.jpg) Are the annual accounts and tax return enough? Business Advisory Services Update Absolutely not! One of the real problems confronting SMEs is that most professional accounting firms are only concentrating on the production of an annual set of accounts and taxation return for bus… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/are-the-annual-accounts-and-tax-return-enough) [ 16th Feb, 2024![WEEKLY REFLECTION: Most capital raising from SMEs start with Section 708](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/baspr24.02.19.jpg) WEEKLY REFLECTION: Most capital raising from SMEs start with Section 708 Business Advisory Services Update The 20/12 rule known as the ‘Small Scale Offerings’ has been a great source of capital for thousands of SME companies for about 40 years. Advertising and marketing this type of capital raising is no… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [capital raising](https://www.essbiztools.com/daily-posts/tag/capital%20raising) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [Ssection 708 of Corporations Act](https://www.essbiztools.com/daily-posts/tag/Ssection%20708%20of%20Corporations%20Act) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/weekly-reflection-most-capital-raising-from-smes-start-with-section-708) [ 16th Feb, 2024![Documentation for investors](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp170224.jpg) Documentation for investors Business Advisory Services Update Companies seeking to raise funds from investors by utilising Section 708 of the Corporations Act need to ensure that only ‘personal offers’ are made, and that there is no marketing or advertising rel… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [capital raising](https://www.essbiztools.com/daily-posts/tag/capital%20raising) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [Ssection 708 of Corporations Act](https://www.essbiztools.com/daily-posts/tag/Ssection%20708%20of%20Corporations%20Act) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/documentation-for-investors-2) [ 16th Feb, 2024![Documentation for investors](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp170224.jpg) Documentation for investors Business Advisory Services Update Companies seeking to raise funds from investors by utilising Section 708 of the Corporations Act need to ensure that only ‘personal offers’ are made, and that there is no marketing or advertising rel… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [capital raising](https://www.essbiztools.com/daily-posts/tag/capital%20raising) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [Ssection 708 of Corporations Act](https://www.essbiztools.com/daily-posts/tag/Ssection%20708%20of%20Corporations%20Act) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/documentation-for-investors) [ 13th Feb, 2024![Do small companies need a ‘disclosure document’ to raise capital?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp140224.jpg) Do small companies need a ‘disclosure document’ to raise capital? Business Advisory Services Update NO, this is a MYTH! Section 708 of the Corporations Act gives a special exemption from having to produce a ‘Disclosure Document” for companies undertaking ‘Small Scale Offerings’. This is commonly k… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [capital raising](https://www.essbiztools.com/daily-posts/tag/capital%20raising) | [Section 708](https://www.essbiztools.com/daily-posts/tag/Section%20708) | [Ssection 708 of Corporations Act](https://www.essbiztools.com/daily-posts/tag/Ssection%20708%20of%20Corporations%20Act) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/do-small-companies-need-a-disclosure-document-to-raise-capital) [ 12th Feb, 2024![Taxation Benefits for Investors](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp130224.jpg) Taxation Benefits for Investors Business Advisory Services Update Investors who contribute capital to a company that wishes to qualify as an Early Stage Innovation Company (ESIC) receive significant taxation benefits from the ATO for their investment in a company t… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [capital raising](https://www.essbiztools.com/daily-posts/tag/capital%20raising) | [Early Stage Innovation Company](https://www.essbiztools.com/daily-posts/tag/Early%20Stage%20Innovation%20Company) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/taxation-benefits-for-investors) [ 7th Feb, 2024![Eligibility tests for innovative companies](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp080224.jpg) Eligibility tests for innovative companies Business Advisory Services Update A company aspiring to have ‘Early-Stage Innovation Company Status’ is required to pass one of two subsequent tests: Gateway test, or Principles test To qualify under the Gateway Test, the company… - Tags: [Accelerating Commercialisation Grant](https://www.essbiztools.com/daily-posts/tag/Accelerating%20Commercialisation%20Grant) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Early Stage Innovation Company](https://www.essbiztools.com/daily-posts/tag/Early%20Stage%20Innovation%20Company) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/eligibility-tests-for-innovative-companies) [ 5th Feb, 2024![Early-Stage Innovation Company status only available for established companies?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp060224.jpg) Early-Stage Innovation Company status only available for established companies? Business Advisory Services Update This is a MYTH! The ‘Early-Stage Innovation Company Status’ was created by amendments to the Income Tax Act, to enable small, young companies that have been undertaking ‘innovative activities’, to b… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Early Stage Innovation Company](https://www.essbiztools.com/daily-posts/tag/Early%20Stage%20Innovation%20Company) | [ESIC](https://www.essbiztools.com/daily-posts/tag/ESIC) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/early-stage-innovation-company-status-only-available-for-established-companies) [ 2nd Feb, 2024![WEEKLY REFLECTIONS: Small companies can raise capital but they need assistance by Accountants!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/baspr24.02.03.jpg) WEEKLY REFLECTIONS: Small companies can raise capital but they need assistance by Accountants! Business Advisory Services Update BIRCHAL have reported that only “380 companies were successful in raising capital from Crowd Sourced Funding Equity Raising in 5 years.” EQUITISE have reported that they “take on fewer than 5% of th… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Capital Raising](https://www.essbiztools.com/daily-posts/tag/Capital%20Raising) | [Crowd Sourced Funding](https://www.essbiztools.com/daily-posts/tag/Crowd%20Sourced%20Funding) | [crowd sourced funding equity raising](https://www.essbiztools.com/daily-posts/tag/crowd%20sourced%20funding%20equity%20raising) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/weekly-reflections-small-companies-can-raise-capital-but-they-need-assistance-by-accountants) [ 1st Feb, 2024![Crowd Sourced Funding Implementation](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp020224.jpg) Crowd Sourced Funding Implementation Business Advisory Services Update The vast majority of companies who are interested in raising capital require assistance from Accountants who can perform the ‘Chief Financial Officer’ role, to prepare the company’s documentation and… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Crowd Sourced Funding](https://www.essbiztools.com/daily-posts/tag/Crowd%20Sourced%20Funding) | [crowd sourced funding equity raising](https://www.essbiztools.com/daily-posts/tag/crowd%20sourced%20funding%20equity%20raising) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/crowd-sourced-funding-implementation) [ 31st Jan, 2024![Crowd Sourced Funding is a ‘funding opportunity’ for SMEs](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp010224.jpg) Crowd Sourced Funding is a ‘funding opportunity’ for SMEs Business Advisory Services Update Accountants and Bookkeepers servicing the SME market need to have an awareness of the ‘fund raising opportunities’ that Crowd Sourced Funding Equity Raising presents for SMEs. An ASIC appointed Crow… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Crowd Sourced Funding](https://www.essbiztools.com/daily-posts/tag/Crowd%20Sourced%20Funding) | [crowd sourced funding equity raising](https://www.essbiztools.com/daily-posts/tag/crowd%20sourced%20funding%20equity%20raising) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/crowd-sourced-funding-is-a-funding-opportunity-for-smes) [ 30th Jan, 2024![Small companies don’t have to borrow](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp310124.jpg) Small companies don’t have to borrow Business Advisory Services Update The Crowd Sourced Funding Equity Raising amendments to the Corporations Act in 2018 enabled private companies to be able to offer the public shares as an alternative to borrowing money. Crowd Source… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Capital Raising](https://www.essbiztools.com/daily-posts/tag/Capital%20Raising) | [Crowd Sourced Funding](https://www.essbiztools.com/daily-posts/tag/Crowd%20Sourced%20Funding) | [crowd sourced funding equity raising](https://www.essbiztools.com/daily-posts/tag/crowd%20sourced%20funding%20equity%20raising) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/small-companies-dont-have-to-borrow) [ 29th Jan, 2024![Crowd Sourced Funding Equity Raising only for public companies?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp300124.jpg) Crowd Sourced Funding Equity Raising only for public companies? Business Advisory Services Update This is a MYTH! Whilst eligible ‘Unlisted Public Companies’ are able to utilise Crowd Sourced Funding Equity Raising to raise capital, very importantly, so can ‘Private Companies’. When the legisla… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Capital Raising](https://www.essbiztools.com/daily-posts/tag/Capital%20Raising) | [Crowd Sourced Funding Equity Raising](https://www.essbiztools.com/daily-posts/tag/Crowd%20Sourced%20Funding%20Equity%20Raising) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/crowd-sourced-funding-equity-raising-only-for-public-companies) [ 25th Jan, 2024![WEEKLY REFLECTIONS: Accountants – SMEs need assistance on R&D](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/baspr24.01.27.jpg) WEEKLY REFLECTIONS: Accountants – SMEs need assistance on R&D Business Advisory Services Update - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [R&D Tax Incentive](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Incentive=) | [R&D Tax Offset](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/weekly-reflections-accountants-smes-need-assistance-on-r-d) [ 25th Jan, 2024![R&D action!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp260124.jpg) R&D action! Business Advisory Services Update Companies with turnovers over $20M can also claim the R&D offset but on a different basis to that available for companies with turnovers under $20M. For large companies, the non-refundable R&amp… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [R&D Tax Incentive](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Incentive=) | [R&D Tax Offset](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/r-d-action) [ 24th Jan, 2024![Research and Development – time for implementation!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp250124.jpg) Research and Development – time for implementation! Business Advisory Services Update We have identified that it is a myth that R&D is only for large businesses. We have also mentioned how being proactive in advising SME companies on R&D can be a ‘mainstream service’ for Accou… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [R&D Tax Incentive](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Incentive=) | [R&D Tax Offset](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/research-and-development-time-for-implementation) [ 23rd Jan, 2024![Research and Development can be a mainstream service](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp240124.jpg) Research and Development can be a mainstream service Business Advisory Services Update Accountants and bookkeepers who are offering Advisory Services to SME businesses find that there are significant numbers of SMEs who are undertaking Research and Development (R&D) projects. The… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [R&D Tax Incentive](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Incentive=) | [R&D Tax Offset](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/research-and-development-can-be-a-mainstream-service) [ 22nd Jan, 2024![Research and Development for large businesses only?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp230124.jpg) Research and Development for large businesses only? Business Advisory Services Update This is a myth! Companies with turnovers under $20M were expected to earn $2.54B in 2022/23 as being the value of the Refundable Tax Offset that is available for companies which have spent legitimat… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [R&D Tax Incentive](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Incentive=) | [R&D Tax Offset](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Offset=) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/research-and-development-for-large-businesses-only) [ 19th Jan, 2024![Reflections: Are your SME clients SOPHISTICATED INVESTORS?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/baspr24.01.20.jpg) Reflections: Are your SME clients SOPHISTICATED INVESTORS? Business Advisory Services Update - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [ESIC](https://www.essbiztools.com/daily-posts/tag/ESIC) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/reflections-are-your-sme-clients-sophisticated-investors) [ 17th Jan, 2024![The Giant Awaking](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp180124.jpg) The Giant Awaking Business Advisory Services Update The ‘2024 NAB Accounting and Financial Planning Report’ stated that “85% of the accounting firms surveyed indicated they were “offering business strategy”. Whilst we believe the key indicator is the… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/the-giant-awaking) [ 16th Jan, 2024![Delivering advisory services?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2024/basp170124.jpg) Delivering advisory services? Business Advisory Services Update It looks like 2024 is going to be another challenging year for SMEs. Is your accounting/bookkeeping firm able to supply the support services that your clients need? Some of the key issues… Inflatio… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/delivering-advisory-services) [ 6th Dec, 2023![Delivering not offering!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas071223.jpg) Delivering not offering! Business Advisory Services Update The NAB Professional Services Report, ‘The People Profession: New Opportunities for Growth’, has made some interesting observations on the state of the Australian Accounting Industry. Whilst it is p… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/delivering-not-offering) [ 4th Dec, 2023![Innovation enhancement](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas051223.jpg) Innovation enhancement Business Advisory Services Update The ‘Early-Stage Commercialisation segment’ of the newly announced ‘Industry Growth Program’ is targeted at small companies that may be still in the R&D phase, who are now contemplating the journ… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Early Stage Commercialisation](https://www.essbiztools.com/daily-posts/tag/Early%20Stage%20Commercialisation) | [Industry Growth Program](https://www.essbiztools.com/daily-posts/tag/Industry%20Growth%20Program) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/innovation-enhancement) [ 27th Nov, 2023![Enhancement for tradies!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas271123.jpg) Enhancement for tradies! Business Advisory Services Update The Tradie Charge out Rate Calculator gives accountants and bookkeepers a great opportunity to be able to discuss with Tradie clients the implementation of a “Business Improvement System”, to assist… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [Tradie Charge Out Calculator](https://www.essbiztools.com/daily-posts/tag/Tradie%20Charge%20Out%20Calculator) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/enhancement-for-tradies) [ 21st Nov, 2023![R&D discussions?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas221123.jpg) R&D discussions? Business Advisory Services Update Accountants, a significant opportunity is available to assist SMEs to undertake the preliminary work that will enable them to make a lodgement to claim for R&D tax offset. Unfortunately, many SM… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [R&D](https://www.essbiztools.com/daily-posts/tag/R?D=) | [R&D tax incentive](https://www.essbiztools.com/daily-posts/tag/R?D_tax_incentive=) | [R&D Tax Offset](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Offset=) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/r-d-discussions) [ 20th Nov, 2023![R&D costings are important!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas211123.jpg) R&D costings are important! Business Advisory Services Update SMEs with turnovers from nil to $20million can obtain a cash refund equivalent to the R&D rebate if the company is trading at a loss. The documentation that is required to be submitted to the go… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [R&D](https://www.essbiztools.com/daily-posts/tag/R?D=) | [R&D tax incentive](https://www.essbiztools.com/daily-posts/tag/R?D_tax_incentive=) | [R&D Tax Offset](https://www.essbiztools.com/daily-posts/tag/R?D_Tax_Offset=) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/r-d-costings-are-important) [ 14th Nov, 2023![Tradies need help!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas151123.jpg) Tradies need help! Business Advisory Services Update Where to start for small accounting firms and bookkeepers on the “Business Advisory Journey” - why not become an expert on services for tradies? Assistance can be provided for tradies in a number of… - Tags: [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Tradie Charge Out Calculator](https://www.essbiztools.com/daily-posts/tag/Tradie%20Charge%20Out%20Calculator) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/tradies-need-help) [ 6th Nov, 2023![Advisory services - the new mantra for SMEs](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas061123.jpg) Advisory services - the new mantra for SMEs Business Advisory Services Update Inflation too high, interest rates too high, unemployment about 2.7%, business failures are increasing, cost of living is rising very fast. Debtors days outstanding are increasing – causing cash flo… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/advisory-services-the-new-mantra-for-smes) [ 30th Oct, 2023![Start the conversation with the SME Needs Analysis](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas301023.jpg) Start the conversation with the SME Needs Analysis Business Advisory Services Update Unsure where to start with having a conversation with some clients about implementing advisory services? Why not visit one or two clients with the SME Needs Analysis, developed by ESS BIZTOOLS? The… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [SME Needs Analysis](https://www.essbiztools.com/daily-posts/tag/SME%20Needs%20Analysis) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/start-the-conversation-with-the-sme-needs-analysis) [ 18th Oct, 2023![Real time management is important](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas191023.jpg) Real time management is important Business Advisory Services Update The 52-Week Business Enhancement System enables Accountants/Bookkeepers to deliver “real time services” similar to what many larger businesses enjoy, which will be very beneficial to SME clients. Th… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [time management](https://www.essbiztools.com/daily-posts/tag/time%20management) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/real-time-management-is-important) [ 17th Oct, 2023![Enhanced system commences with bookkeeping](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas181023.jpg) Enhanced system commences with bookkeeping Business Advisory Services Update The logical place to commence the 52-Week Business Enhancement System for SMEs is a full review of the bookkeeping system. Why? Most SMEs will benefit by receiving a regular “daily business report”… - Tags: [bookkeeping](https://www.essbiztools.com/daily-posts/tag/bookkeeping) | [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/enhanced-system-commences-with-bookkeeping) [ 11th Oct, 2023![What is worrying your client?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas121023.jpg) What is worrying your client? Business Advisory Services Update There are a lot of issues confronting business operators at present. High interest rates, supply chain difficulties, high inflation, staffing difficulties, to name a few. Our suggestion is that you… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [scaling up](https://www.essbiztools.com/daily-posts/tag/scaling%20up) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/what-is-worrying-your-client) [ 10th Oct, 2023![You need to look at the trends!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas111023.jpg) You need to look at the trends! Business Advisory Services Update “Accountants and bookkeepers need to understand what is happening in the marketplace.” This was a statement from Andrew Geddes, joint Founder of FMRC and Chair of the ASX top 200 Company, Greencross… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [scaling up](https://www.essbiztools.com/daily-posts/tag/scaling%20up) | [talent attraction and retention](https://www.essbiztools.com/daily-posts/tag/talent%20attraction%20and%20retention) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/you-need-to-look-at-the-trends) [ 4th Oct, 2023![It starts with a plan!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas051023.jpg) It starts with a plan! Business Advisory Services Update The foundation for all successful businesses is that they have a plan. This is the “BUSINESS PLAN”. You may have got to this stage by having a “one-on-one meeting” with your client – reviewing what… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [scaling up](https://www.essbiztools.com/daily-posts/tag/scaling%20up) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/it-starts-with-a-plan) [ 3rd Oct, 2023![The evolution of accounting services – are you ready?](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas041023.jpg) The evolution of accounting services – are you ready? Business Advisory Services Update This is the dilemma that many accountancy firms are facing. Choices need to be made to ensure that firms survive in a rapidly changing industry. Of particular concern is how quickly low-end tax com… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [scaling up](https://www.essbiztools.com/daily-posts/tag/scaling%20up) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/the-evolution-of-accounting-services-are-you-ready) [ 27th Sep, 2023![The big question is…](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas280923.jpg) The big question is… Business Advisory Services Update Can accountants diversify some of their services from a compliance dominance to being able to offer a virtual CFO service to their SME clients? There is an opinion that some accountants are very bus… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/the-big-question-is) [ 25th Sep, 2023![SMEs need financial services now!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/BASU2023/bas260923.jpg) SMEs need financial services now! Business Advisory Services Update SMEs are looking for accountants/bookkeepers to provide them with key information that they can use daily/weekly/monthly to navigate the future. You might ask, “Can we move from compliance to extern… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/smes-need-financial-services-now) [ 20th Sep, 2023![Starting the “scaling up” process](https://www.essbiztools.com/images/zoo/blogs/bas-updates/bas210923.jpg) Starting the “scaling up” process Business Advisory Services Update “Scaling up” just doesn’t happen! There is no quick fix, the process requires planning, discipline and adherence to systems. Accountants who are embracing the concept of providing Business Advisory… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [scaling up](https://www.essbiztools.com/daily-posts/tag/scaling%20up) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/starting-the-scaling-up-process) [ 18th Sep, 2023![More than straight accounting knowledge needed!](https://www.essbiztools.com/images/zoo/blogs/bas-updates/bas190923.jpg) More than straight accounting knowledge needed! Business Advisory Services Update Accountants who are performing a virtual CFO service for SMEs normally realise that there is more involved in offering these types of services than just the preparation of financial accounts. In mos… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/more-than-straight-accounting-knowledge-needed) [ 13th Sep, 2023![SMEs need effective foundations](https://www.essbiztools.com/images/zoo/blogs/bas-updates/bas140923.jpg) SMEs need effective foundations Business Advisory Services Update Every so often, most accountants experience a client that starts a business in a great flurry! Turnover climbs quite quickly and then unfortunately things go wrong. The challenge for accountants is… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/daily-posts/tag/Business%20Plan) | [Predictive Accounting](https://www.essbiztools.com/daily-posts/tag/Predictive%20Accounting) | [virtual cfo services](https://www.essbiztools.com/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com/daily-posts/smes-need-effective-foundations)