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No business plan is cast in concrete. It is a moving, changing blueprint. Any number of critical factors can change dramatically as it moves through its growth cycle.
Whether it is growing as planned, is having problems, or moving away from its original core business, regular reviews will help you identify areas for improvement, and your strengths, successes and wins, enabling you to build on these foundations. |
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You may not intend to exit your business till you retire but any one of many factors may advance these plans.
What would happen to your business if you, or a key staff member, had an accident tomorrow and were unable to return to work for a long period of time? Or worse still, never? As key people move on or retire, do you have a continuing sequence of qualified, capable people who can, and want to, take over key positions? |
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How well is your business prepared for any type of crisis? This crisis could rear its head in any number of different ways and have extremely wide-ranging and far-reaching effects.
A crisis may be related to OHS issues, fraud, computer tampering, an attack on your business reputation, copyright infringement, extortion, natural disaster, product recall, sexual harassment, security breach, loss or illness of key staff, terrorist attack supplier crisis or theft, to name just some. Such catastrophes could threaten the continuity and viability of your business. |
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Under the Australian Government's new carbon tax strategy, small and medium businesses will benefit from:
- $240 million assistance (between 2014 –2015)
- the small business instant asset write off threshold being increased from $5,000 to $6,500
- a $40 million Energy Efficiency Information grants program providing small businesses with practical measures to reduce energy costs
- an additional $5 million in funding over four years to improve the delivery of clean technology advice and other non-grant support programs
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How may we help you?
Find out how our accounting and business advisory services can contribute to the success of your organisation.
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Industry success
Discover how different industry sectors are responding to the challenges of the marketplace.
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Talk to us
To learn more about how Kreston Dormers can help your business prosper in an uncertain and demanding commercial environment, please call for a free no obligation discussion:
Tony Dormer
+612 9874 8038
advice@krestondormers.com.au
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The big regulatory changes you need to be ready for in 2012
There’s much to prepare your business for this year with experts tipping legislation changes across key areas of work health and safety, industrial relations, franchising, tax and super, and consumer law. Will your business be ready?
Posted on Jan 17, 2012 14:24:PM
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Making sense of a prospectus
If you are considering investing this year it is wise to understand the ‘ins and outs’ of reading the prospectus of the company that is making the offer. A prospectus tells you about the securities (the shares or options), how many are for sale and how you can apply to buy them. It should contain all the information you need to make an informed assessment of the company and the offer.
Not reading the prospectus before you invest is like buying a car without looking under the bonnet. Don't get distracted by the glossy pictures in the prospectus or by slick advertisements. Don't invest because a friend told you it's a good investment. This article advises you on how to make an assessment of a prospectus.
Posted on Jan 09, 2012 10:45:AM
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Businesses can expect faster payments of GST refunds
thanks to a recent court ruling. The win for the business, Multiflex, sets a precedent that the ATO can't hang on to GST funds for longer than a reasonable time – giving a boost to small businesses and their cash flow.
More Information
Posted on Dec 20, 2011 14:59:PM
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