Publications

News Articles

Regaining Control of Your Business.

Sheree Cross SV Strategic Solutions, a member of the SV Partners Group

Typically business owners blame the bank, the ATO, their IT system, customers, senior staff or their accountant for business stress, or even failure.  The reality is, as a business owner, there are warning signs that are within your control. Addressing and managing these warning signs can direct your business away from a distressed position.

read more

Dealing with ATO Debt Negotiations

Sheree Cross SV Strategic Solutions, a member of the SV Partners Group

In the 2015-16 financial year the ATO entered into a staggering 950,000 payment plans with its clients (including individuals, companies, trusts, SMSF etc), so don’t ever feel that you are alone in facing the task of dealing with the ATO regarding an overdue debt.

read more

SME Tax Tips: Things you should be doing in the next few weeks

Sheree Cross SV Strategic Solutions, a member of the SV Partners Group

With less than a month to go to the end of this financial year, now is the time to action those business tax ‘optimising’ initiatives (not at 10 to midnight on June 29th!). Use our quick checklist below to make sure you are making the most of your opportunity before it’s too late.

read more

Developing a Business Budget

Sheree Cross

SV Strategic Solutions, a member of the SV Partners Group

Regardless of size, it is important for any business to understand how much money it makes and how much money it spends in any given period. Business insolvency surveys show that running out of cash is one of the major reasons businesses fail. At the other end of the scale, it is also important to be able to understand how much profit is available within a business to commit to the essentials for growth such as higher rents on larger premises and additional resources.

read more.

Producing a Cash Flow Budget

Sheree Cross

SV Strategic Solutions, a member of the SV Partners Group

Producing a cash flow budget from your profit and loss budget (see our paper on Developing a Business Budget) is critical to ensure that your business strategies and planned operational activities for the coming budget period are not going to result in over commitment of the company’s cash resources. It will also allow you to determine at particular points within the year excess cash is available to invest in other growth activities or to provide dividends to shareholders. The key differences between your profit and loss budget and your cash flow budget include the following:

read more.

Cash Flow Solutions: From Daily Working Capital to Funding Growth

Sheree Cross and Bernard Stapleton

SV Strategic Solutions, a member of the SV Partners Group

Unsurprisingly, one of the most frequently cited causes of stress in a business are issues relating to inadequate cash flow and high cash usage. SV Partners most recent Commercial Risk Outlook Report (March 17) found that cash flow issues and poor financial control accounted for around one third of business failures in the 2016 financial year. Even in good businesses that are trading profitably, cash flow shortfalls due to seasonality in trading, repayment of debt and equipment lease schedules (including plans for ATO arrears), expected and unexpected repairs, maintenance and capital expenditure (new, upgraded or replacement equipment requirements) or investment in growth opportunities (such as additional resources, equipment, premises and marketing campaigns) are extremely common. If you find yourself facing one or more of these situations the good news is that there are a number of ‘tools’ and ‘actions’ that you can bring into play to optimize your available access to cash through what we have termed the ‘Cash Flow Wheel of Fortune’ (Figure 1).

 

read more

Business Health – A Sum of all Parts

Sheree Cross and Bernard Stapleton

SV Strategic Solutions, a member of the SV Partners Group

Business Health in Australia

It’s a reality that a considerable number of businesses in Australia are experiencing, or about to experience, financial stress. If you haven’t seen a copy of the latest SV Partners Commercial Risk Report I highly recommend you take a peek (available here), for those of you that have, the concept of rating businesses from 1 (high risk of financial default) to 10 (lowest risk) will be familiar. A summary of data for 1.7 million Australian businesses in early Sept 16 is shown.

graph-sheree

The big question is how to help businesses that are in need?

read more

If you would like more information about how we can assist you,

please contact a member of our team on 1800 246 801