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PKF Australia

Accountants and Business Advisers

How is your accountant adding value to your business?

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Chad Russell

Partner

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How is your accountant adding value to your business?

Posted 21 Feb 17 by Chad Russell

Most accountants can knock out a tax return and a set of financial statements that complies with the law and keeps you out of trouble for another year, but what else are you getting?

Wouldn’t it be better if your accountant was actually adding value to your business?

This list is not definitive, but if you want anything off the list, communicate as much to your accountant. And if you still can’t get it, then perhaps it’s time to look around.

  • Assistance with revenue and profit growth strategies (believe me there are hundreds)
  • Strategic planning
  • Goal setting
  • Cashflow forecasting
  • KPI reporting and measurement
  • Strategic planning
  • Coaching
  • Accountability
  • Sounding board
  • Advisory board
  • Succession planning
  • Business sales/purchases/mergers
  • Tax planning
  • Systems and processes
  • Internal controls
  • Structure review
  • Financial/Super/Tax advice
  • Asset protection (including insurance)
  • Governance
  • Shareholders agreement
  • Estate planning
  • Retirement planning
  • Networking opportunities
  • Marketing your business to our staff and networks

I encourage my clients to support each other. I’ll promote good news stories and create forums for clients to get in the room with each other and show off what they can do.

Get in touch if you want to discuss how these things could help your business.


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