Do you know what you need from your business advisers?
You just can't go it alone as a NSW business owner. Nobody has the expertise to cover off tax planning, business bookkeeping, legal affairs, banking and general business advice in one package. Rather than trying to be a jack of all trades, you should work with several masters of each.
But even then, do you know what you need from each professional? Let's start with business advisers, and how they can help your business flourish.
Analysis and review
Without a professional business adviser, you won't be able to see the forest for the trees. It's easy to get lost in day-to-day issues like recruitment and paying the bills, and lose sight of whether your entire business structure is set up correctly.
One of the first things you need from a business advisor is the analysis and review of your entire company. This can identify inefficient cash flow, potential growth and even ways to reorganise the business to ensure it lasts for the long term.
