Unravelling the Personal Property Securities Register (PPSR)

Unravelling the Personal Property Securities Register (PPSR)

This is Part 1 of a 2-part series. When safeguarding security interests in personal property, the reality is that relying solely on a written agreement may not suffice. Registering on the Personal Property Securities Register (PPSR) ensures the necessary protection and transparency, minimising the risk of financial loss if the business you’re dealing with goes out […]

The Benefits of an Advisory Board

The Benefits of an Advisory Board

Succeeding in business isn’t merely about having a groundbreaking idea; it’s about cultivating a support system to fuel your journey along the way.  Just as a car’s engine requires more than just power to operate smoothly, a business needs the collective wisdom and guidance of experienced professionals. This is where an Advisory Board becomes beneficial […]

Presumption of Insolvency – a warning for directors!

Presumption of Insolvency – a warning for directors!

In 2023, media reports highlighted a significant surge in formal insolvency appointments, marking a sharp contrast from the COVID-19 pandemic days of 2020 to 2022. Voluntary administrations witnessed a notable 42% increase, while receiver and manager appointments skyrocketed by 56% compared to the preceding year. There were 10,366 corporate insolvencies in FY22/23, the highest level […]

Change Management: A Vital Strategy for Business Sustainability and Growth

Change Management for Business for Growth

In today’s dynamic business environment, change is both constant and inevitable. Organisations must adapt to survive and thrive, whether prompted by market shifts, technological advancements or internal restructuring. Effective change management is not only crucial for optimising business processes but also for ensuring the well-being and productivity of employees. When implemented correctly, it can be […]

Mastering Cash Flow: 10 Essential Tips for Business Survival

Mastering Cash Flow: 10 Essential Tips for Business Survival

Cash flow is a frequently used term that plays a significant role in business success.  It serves as the lifeblood that ensures operational efficiency.  For business owners, understanding the drivers of cash flow and implementing effective management strategies are critical for ensuring the survival of any business.    In essence, cash flow management revolves around […]

Unlocking Insights: The Power of Data Visualisations

Unlocking Insights: The Power of Data Visualisations

When discussing “data visualisations,” we’re referring to the graphical representation of data and information. If executed effectively, good visualisation techniques successfully remove the noise, making pertinent information more prominent.    These visualisations play an important role in facilitating understanding, analysis and communication of insights. They transform raw data into visual formats, such as charts, graphs, […]

Data analytics: Empowering forensic accounting

Data analytics: Empowering forensic accounting

Forensic accounting revolves around combating the persistent and evolving threat of financial fraud within today’s complex business world.  Leveraging the benefits of today’s technology, the integration of data analytics with traditional investigative techniques has become a game-changer. It empowers professionals to efficiently delve deeper into complex financial transactions to uncover fraudulent activities that may otherwise […]

Safeguarding your business against fraud

Safeguarding your business against fraud

In the ever-evolving corporate landscape, fraud prevention has evolved from an option to an imperative. The need for robust internal controls is paramount as the financial world grows increasingly complex. These controls are the vigilant gatekeepers of your organisation, safeguarding your assets, reputation, and financial integrity. This article will delve into the pivotal role of […]

Ten Roles of Accountability to Foster Business Growth.

Ten roles of accountability to foster business growth.

A basic principle of success involves business owners and stakeholders understanding how their business is run and how to hold its people to account.   Accountability plays a significant role in business growth by contributing to an organisation’s overall success and sustainability. Here are ten key several key roles that accountability plays in fostering business growth […]

Making Your Business Processes and Supply Chain Work Better

Making Your Business Processes and Supply Chain Work Better

In today’s fast-paced business environment, it’s critical to get your act together when managing your business processes and supply chain. Effectively managing these two key components can make or break your company’s success. Let’s explore the reasons behind their importance and how they work together to keep your business thriving. Why Smooth Business Processes Matter […]