#  Succession Planning

#### ESS BIZTOOLS Blogs

 [ 1st Dec, 2021![Implementing Systemisation - Session 2 Accountant’s Role Is A Bit Like A ‘Financial Sherlock Holmes’](https://www.essbiztools.com/images/zoo/blogs/2021/am300-3.jpg)

 Implementing Systemisation - Session 2 Accountant’s Role Is A Bit Like A ‘Financial Sherlock Holmes’

Accountant's Minute 300

Andrew Geddes, Accounting Industry Coach and former Chair of Greencross Ltd, a Top 200 ASX company joined Peter Towers, Managing Director, ESS BIZTOOLS for a discussion in Session 2 of the ESS BIZTOO…

- Tags: [Debtors' Days Outstanding](https://www.essbiztools.com/ess-biztools-blogs/tag/Debtors'%20Days%20Outstanding) | [Key Performance Indicators](https://www.essbiztools.com/ess-biztools-blogs/tag/Key%20Performance%20Indicators) | [Scaling Up](https://www.essbiztools.com/ess-biztools-blogs/tag/Scaling%20Up) | [SME Needs' Analysis](https://www.essbiztools.com/ess-biztools-blogs/tag/SME%20Needs'%20Analysis)

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 [ 18th Jun, 2021![It’s Time!](https://www.essbiztools.com/images/zoo/blogs/2021/am275.jpg)

 It’s Time!

Accountant's Minute 275

Business Advisory Services has been talked about for the last decade and has got a little bit closer to becoming a mainstream accounting industry service each year, over that 10 year period. The Com…

- Tags: [Achieve Targeted Profit](https://www.essbiztools.com/ess-biztools-blogs/tag/Achieve%20Targeted%20Profit) | [CommBank Accounting Market Pulse Report](https://www.essbiztools.com/ess-biztools-blogs/tag/CommBank%20Accounting%20Market%20Pulse%20Report) | [Professional Service Firms’ Charge Out Rate Calculated](https://www.essbiztools.com/ess-biztools-blogs/tag/Professional%20Service%20Firms%E2%80%99%20Charge%20Out%20Rate%20Calculated) | [Retail Businesses’ Product Mixes And Mark-Ups To](https://www.essbiztools.com/ess-biztools-blogs/tag/Retail%20Businesses%E2%80%99%20Product%20Mixes%20And%20Mark-Ups%20To) | [To Achieve Targeted Profit](https://www.essbiztools.com/ess-biztools-blogs/tag/To%20Achieve%20Targeted%20Profit)

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 ](https://www.essbiztools.com/ess-biztools-blogs/it-s-time)

 [ 26th Feb, 2021![Predictive Accounting Services  Required By Businesses](https://www.essbiztools.com/images/zoo/blogs/2021/AM261.jpg)

 Predictive Accounting Services Required By Businesses

Accountant's Minute 261

Many businesses are facing an uncertain economic future and will be looking to their accountants/business advisors/bookkeepers to give them advice as to what the future holds for them. The…

- Tags: [Key Performance Indicators](https://www.essbiztools.com/ess-biztools-blogs/tag/Key%20Performance%20Indicators) | [PlanGuru](https://www.essbiztools.com/ess-biztools-blogs/tag/PlanGuru) | [Predictive Accounting](https://www.essbiztools.com/ess-biztools-blogs/tag/Predictive%20Accounting) | [Research and Development](https://www.essbiztools.com/ess-biztools-blogs/tag/Research%20and%20Development) | [Selling the Message](https://www.essbiztools.com/ess-biztools-blogs/tag/Selling%20the%20Message) | [SME Needs' Analysis](https://www.essbiztools.com/ess-biztools-blogs/tag/SME%20Needs'%20Analysis) | [Succession Planning](https://www.essbiztools.com/ess-biztools-blogs/tag/Succession%20Planning)

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 ](https://www.essbiztools.com/ess-biztools-blogs/predictive-accounting-services-required-by-businesses)

 [ 19th Feb, 2021![Smaller Accountancy Firms Can Benefit By Delivering Business Advisory Services](https://www.essbiztools.com/images/zoo/blogs/2021/AM260.jpg)

 Smaller Accountancy Firms Can Benefit By Delivering Business Advisory Services

Accountant's Minute 260

There is a range of services beyond taxation, that smaller accountancy firms can provide to their SME clients, to assist those businesses to grow and add value. Amanda Gascoigne, an experienced Cons…

- Tags: [Accelerating Commercialisation Grant](https://www.essbiztools.com/ess-biztools-blogs/tag/Accelerating%20Commercialisation%20Grant) | [Gateway Test](https://www.essbiztools.com/ess-biztools-blogs/tag/Gateway%20Test) | [Principles' Test](https://www.essbiztools.com/ess-biztools-blogs/tag/Principles'%20Test) | [Research &amp; Development Incentive Rebate](https://www.essbiztools.com/ess-biztools-blogs/tag/Research?Development_Incentive_Rebate=) | [Selling the Message](https://www.essbiztools.com/ess-biztools-blogs/tag/Selling%20the%20Message)

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 ](https://www.essbiztools.com/ess-biztools-blogs/smaller-accountancy-firms-can-benefit-by-delivering-business-advisory-services)

 [ 30th Jul, 2018![Future Proofing Generates ROI](https://www.essbiztools.com/images/zoo/blogs/2018/am163.jpg)

 Future Proofing Generates ROI

Accountant's Minute 163

Welcome to Accountants Minute. Creating a “FUTURE PROOFING” strategy is vital for accountancy businesses that aspire for a future as the key financial advisor to clients – not fighting competitors w…

- Tags: [Chief Financial Officer Services](https://www.essbiztools.com/ess-biztools-blogs/tag/Chief%20Financial%20Officer%20Services) | [Corporate Governance](https://www.essbiztools.com/ess-biztools-blogs/tag/Corporate%20Governance) | [Debtors](https://www.essbiztools.com/ess-biztools-blogs/tag/Debtors) | [Future Proofing](https://www.essbiztools.com/ess-biztools-blogs/tag/Future%20Proofing) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 ](https://www.essbiztools.com/ess-biztools-blogs/future-proofing-generates-roi)

 [ 26th Jun, 2018![Is Your Accountancy Firm Future Proofed](https://www.essbiztools.com/images/zoo/blogs/2018/AM158.jpg)

 Is Your Accountancy Firm Future Proofed

Accountant's Minute 158

Welcome to Accountants Minute. The CommBank Accounting Market Pulse June 2018 identified a number of service lines, outside of traditional accounting/taxation services, in which some accountants are…

- Tags: [Corporate Governance](https://www.essbiztools.com/ess-biztools-blogs/tag/Corporate%20Governance) | [Future Proofing](https://www.essbiztools.com/ess-biztools-blogs/tag/Future%20Proofing) | [Government Grants](https://www.essbiztools.com/ess-biztools-blogs/tag/Government%20Grants) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 [ 13th Jun, 2018![Exploring New Opportunities!](https://www.essbiztools.com/images/zoo/blogs/2018/AM-156-EMPSME-008.jpg)

 Exploring New Opportunities!

Accountant's Minute 156

Welcome to Accountants Minute. “Today’s business environment is in a state of flux with some industries extremely buoyant whilst others are floundering.” “Accounting firms service all sectors…

- Tags: [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 [ 3rd May, 2018![Are You a “Me Too” or “Differentiated”?](https://www.essbiztools.com/images/zoo/blogs/2018/AM151.jpg)

 Are You a “Me Too” or “Differentiated”?

Accountant's Minute 151

Welcome to Accountants Minute. Are you a “me too”? Your clients are competing in a competitive world. Accountants are no different. Things are changing all the time. All types of busin…

- Tags: [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register) | [Real Accountant's Work](https://www.essbiztools.com/ess-biztools-blogs/tag/Real%20Accountant's%20Work)

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 [ 27th Mar, 2018![Are Your Clients Being Served?](https://www.essbiztools.com/images/zoo/blogs/2018/am146.jpg)

 Are Your Clients Being Served?

As an accountancy/advisory business, are your clients being served the professional services that they require?

A number of surveys over the last 15 years have identified that small/medium enterprises want more services than just taxation from someone – without really specifying who the “someone” is! There is…

- Tags: [Banks](https://www.essbiztools.com/ess-biztools-blogs/tag/Banks) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Commencing a Business](https://www.essbiztools.com/ess-biztools-blogs/tag/Commencing%20a%20Business) | [Corporate Governance](https://www.essbiztools.com/ess-biztools-blogs/tag/Corporate%20Governance) | [Exporting](https://www.essbiztools.com/ess-biztools-blogs/tag/Exporting) | [Purchasing a Business](https://www.essbiztools.com/ess-biztools-blogs/tag/Purchasing%20a%20Business) | [Section 708](https://www.essbiztools.com/ess-biztools-blogs/tag/Section%20708)

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 [ 12th Mar, 2018![WIN! WIN! WIN!](https://www.essbiztools.com/images/zoo/blogs/2018/AM144.jpg)

 WIN! WIN! WIN!

Welcome to Accountants Minute.

There are tremendous opportunities for accountants and business advisors if you make a positive commitment to offer a broader range of commercial services to your SME clients in 2018. WIN! For SME c…

- Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/ess-biztools-blogs/tag/Budgets%20and%20Cashflow%20Forecasts) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Corporate Governance](https://www.essbiztools.com/ess-biztools-blogs/tag/Corporate%20Governance) | [Mentoring](https://www.essbiztools.com/ess-biztools-blogs/tag/Mentoring)

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 [ 2nd Mar, 2018![What Type of Services do your Clients Want?](https://www.essbiztools.com/images/zoo/blogs/2018/am143.jpg)

 What Type of Services do your Clients Want?

Welcome to Accountants Minute. Surveys conducted by major companies over the last 15 years have all indicated that 75% to 80% of SMEs are looking for a wider range of commercial services to be provi…

- Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/ess-biztools-blogs/tag/Budgets%20and%20Cashflow%20Forecasts) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 ](https://www.essbiztools.com/ess-biztools-blogs/what-type-of-services-do-your-clients-want)

 [ 7th Aug, 2017![Consultants Training to Deliver  Business Advisory Services](https://www.essbiztools.com/images/zoo/blogs/2017/08/AM123.png)

 Consultants Training to Deliver Business Advisory Services

Consultants’ training to deliver business advisory services is very important if you’re going to meet the challenge of being able to deliver outstanding new products and services for your clients ‘be…

- Tags: [business advisory services](https://www.essbiztools.com/ess-biztools-blogs/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Chief Financial Officer Services](https://www.essbiztools.com/ess-biztools-blogs/tag/Chief%20Financial%20Officer%20Services) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register) | [SME Needs' Analysis](https://www.essbiztools.com/ess-biztools-blogs/tag/SME%20Needs'%20Analysis)

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 ](https://www.essbiztools.com/ess-biztools-blogs/consultants-training-to-deliver-business-advisory-services)

 [ 19th Jul, 2017![Accountants, You Need More Than Marketing  Gimmicks in a  Business Advisory Services’ Package](https://www.essbiztools.com/images/zoo/blogs/2017/07/AM120.png)

 Accountants, You Need More Than Marketing Gimmicks in a Business Advisory Services’ Package

Accountants, you need more than marketing gimmicks in a Business Advisory Services’ Package. Whilst marketing and selling skills are important attributes for accountants who are looking to diversify…

- Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/ess-biztools-blogs/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/ess-biztools-blogs/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Risk Management](https://www.essbiztools.com/ess-biztools-blogs/tag/Risk%20Management)

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 ](https://www.essbiztools.com/ess-biztools-blogs/accountants-you-need-more-than-marketing-gimmicks-in-a-business-advisory-services-package)

 [ 5th Jul, 2017![Accountants, Small/Medium Enterprises Want  “Valued-Added” Services](https://www.essbiztools.com/images/zoo/blogs/2017/07/AM118.png)

 Accountants, Small/Medium Enterprises Want “Valued-Added” Services

Hello, I’m Peter Towers, Managing Director of ESS BIZTOOLS and ESS BASIP. Welcome to Accountants Minute. Accountants, small/medium enterprises want value added services. Services that your clients…

- Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/ess-biztools-blogs/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com/ess-biztools-blogs/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Corporate Governance](https://www.essbiztools.com/ess-biztools-blogs/tag/Corporate%20Governance) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 ](https://www.essbiztools.com/ess-biztools-blogs/accountants-smallmedium-enterprises-want-valued-added-services)

 [ 10th Apr, 2017![Are You Building a "Future Fit Accountancy Business"?](https://www.essbiztools.com/images/zoo/blogs/2017/04/AM105.png)

 Are You Building a "Future Fit Accountancy Business"?

CCH iFirm presented a very interesting webinar earlier this week which raised a number of questions relating to how you might go about building a “Future Fit Accountancy Business”. What do you need…

- Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/ess-biztools-blogs/tag/Budgets%20and%20Cashflow%20Forecasts) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 ](https://www.essbiztools.com/ess-biztools-blogs/are-you-building-a-future-fit-accountancy-business)

 [ 6th Mar, 2017![Implementing the Next Level An Important Task for Accountants!](https://www.essbiztools.com/images/zoo/blogs/2017/03/AM100.png)

 Implementing the Next Level An Important Task for Accountants!

Whilst there is some debate as to the degree that individual accountancy businesses will be affected by changes in the marketplace relating to taxation returns, financial advice and superannuation fu…

- Tags: [Benchmarking](https://www.essbiztools.com/ess-biztools-blogs/tag/Benchmarking) | [Budgets and Cashflow Forecasts](https://www.essbiztools.com/ess-biztools-blogs/tag/Budgets%20and%20Cashflow%20Forecasts) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Digital Disruption](https://www.essbiztools.com/ess-biztools-blogs/tag/Digital%20Disruption) | [Potential Fee Slippage](https://www.essbiztools.com/ess-biztools-blogs/tag/Potential%20Fee%20Slippage)

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 ](https://www.essbiztools.com/ess-biztools-blogs/implementing-the-next-level-an-important-task-for-accountants)

 [ 27th Dec, 2016![Resolutions for 2017](https://www.essbiztools.com/images/zoo/blogs/2016/12/AM95.png)

 Resolutions for 2017

I'd like to take this opportunity of wishing you, your colleagues and your families a very Happy Christmas and I hope that 2017 will be very prosperous for you and your business. Over the last six m…

- Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/ess-biztools-blogs/tag/Budgets%20and%20Cashflow%20Forecasts) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Information Memorandum](https://www.essbiztools.com/ess-biztools-blogs/tag/Information%20Memorandum) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 [ 19th Dec, 2016![Directors' Feedback - Need More Than Taxation Services  From Accountants?](https://www.essbiztools.com/images/zoo/blogs/2016/12/AM94.png)

 Directors' Feedback - Need More Than Taxation Services From Accountants?

What would you learn from 8 hours with a group of company directors? I had that privilege a couple of weeks ago in a programme sponsored by the Entrepreneurs Programme, part of AusIndustry. The bri…

- Tags: [Benchmarking](https://www.essbiztools.com/ess-biztools-blogs/tag/Benchmarking) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Key Performance Indicators](https://www.essbiztools.com/ess-biztools-blogs/tag/Key%20Performance%20Indicators) | [Mentoring](https://www.essbiztools.com/ess-biztools-blogs/tag/Mentoring)

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 ](https://www.essbiztools.com/ess-biztools-blogs/directors-feedback-need-more-than-taxation-services-from-accountants)

 [ 5th Dec, 2016![Services Your Accountancy Clients Will Want In 2017](https://www.essbiztools.com/images/zoo/blogs/2016/12/AM92.png)

 Services Your Accountancy Clients Will Want In 2017

As we get near the end of another calendar year it's an appropriate time for accountants to be asking yourselves what services will your clients want in 2017? There has been a lot of debate over the…

- Tags: [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 [ 20th Oct, 2016![Business Advisory Services a Key Product](https://www.essbiztools.com/images/zoo/blogs/2016/10/AM85.png)

 Business Advisory Services a Key Product

Hello, I'm Peter Towers, Managing Director of ESS BIZTOOLS. Welcome to Accountants Minute. Over the last few weeks we've had a series within our Accountants Minute articles as part of Adding Value…

- Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/ess-biztools-blogs/tag/Budgets%20and%20Cashflow%20Forecasts) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Corporate Governance](https://www.essbiztools.com/ess-biztools-blogs/tag/Corporate%20Governance) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 [ 12th Oct, 2016![Assistance is Available for Accountants](https://www.essbiztools.com/images/zoo/blogs/2016/10/AM84.png)

 Assistance is Available for Accountants

Assistance is available for accountants and advisors to help you add value to your clients' businesses. This is a continuation of the theme on "How can Accountants and Advisors add value to Clients…

- Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/ess-biztools-blogs/tag/Budgets%20and%20Cashflow%20Forecasts) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Information Memorandum](https://www.essbiztools.com/ess-biztools-blogs/tag/Information%20Memorandum) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 [ 4th Aug, 2016![Every Business Needs a Succession Strategy](https://www.essbiztools.com/images/zoo/blogs/2016/08/AM73.png)

 Every Business Needs a Succession Strategy

Do you know that succession or exit planning has been identified by small/medium enterprise operators as one of the key issues for business success, in various surveys over the last 15 years? ESS BI…

- Tags: [Family Charter](https://www.essbiztools.com/ess-biztools-blogs/tag/Family%20Charter)

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 [ 20th Jul, 2016![2016/17 - The Year of Business Advisory Services!](https://www.essbiztools.com/images/zoo/blogs/2016/07/AM70.png)

 2016/17 - The Year of Business Advisory Services!

Welcome to 2016/17, the year of business advisory services. Do you know that the Accounting Market Pulse, produced by the Commonwealth Bank in their December 2015 issue, forecast that the top servic…

- Tags: [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 ](https://www.essbiztools.com/ess-biztools-blogs/201617-the-year-of-business-advisory-services)

 [ 27th Jun, 2016![Happy New Financial Year!](https://www.essbiztools.com/images/zoo/blogs/2016/06/AM67.png)

 Happy New Financial Year!

Welcome to 2016/17! According to “Accounting Market Pulse” produced by the Commonwealth Bank of Australia, this is the year of “business advisory services”. What can you do to add value to your cli…

- Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com/ess-biztools-blogs/tag/Budgets%20and%20Cashflow%20Forecasts) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Corporate Governance](https://www.essbiztools.com/ess-biztools-blogs/tag/Corporate%20Governance) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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 [ 16th Jun, 2016![Accountants and Advisors – Business Evaluation Helps SMEs](https://www.essbiztools.com/images/zoo/blogs/2016/06/AM65.png)

 Accountants and Advisors – Business Evaluation Helps SMEs

Do you know that accountants/advisors have been identified as the trusted adviser for small/medium enterprises, to offer a range of non-compliance services in addition to taxation, to help small/medi…

- Tags: [Business Evaluation](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Evaluation) | [Business Plan](https://www.essbiztools.com/ess-biztools-blogs/tag/Business%20Plan) | [Personal Property Securities Register](https://www.essbiztools.com/ess-biztools-blogs/tag/Personal%20Property%20Securities%20Register)

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