Posts

Salisbury named regional awards finalists

2021 Murray-Riverina Regional Business Awards

Salisbury Accountants & Business Advisors has been announced as Finalists in the Excellence in Small Business category of the 2021 Murray-Riverina Regional Business Awards.

The Excellence in Small Business Award recognises a business that has effectively driven growth and is able to demonstrate the specific strategies implemented to achieve business […]

2021 Federal Budget business breakdown

What the Federal Budget means for business

To help create jobs, business investment and confidence after COVID-19 created the first recession since 1990, the Federal Government has just released a big spending 2021-22 Federal Budget.

Based on our analysis, the big winners appear to be:

Business – the instant tax deduction for buying equipment, cars, […]

Setting Goals and Seizing Opportunities in 2021

Think back to November 2019

What predictions did you make for 2020? Few could have forecast what this year had in store.

Very few businesses have been unaffected by the events of 2021. Some businesses have boomed as a result of increased demand for their products and/or reduced competition. Others have suffered dramatically and are […]

Precise Cash Flow Management: Best Practices

Improving your cash position brings opportunities and reduces business risk

In the absence of equity and debt financing, alternative cash-flow management strategies can make a positive difference.

These ideas will not apply to ALL businesses but perhaps there are some you can implement. 

1. Get Better Vendor Payment Terms

Vendors are partners and are invested in […]

Using Data to Drive Decision-making to Build Business

There’s a lot of talk about data and how it will change the way we do business

That’s probably true… but some business owners are not benefiting from data in their decision-making.

Others are spending money on pricey systems in the hope of utilising data. Results appear to be mixed. As accountants, we have had […]

Lifecycle of a business from start-up to sale

Speech Pathologist Karla Morison was new to business ownership

After having her third child, Karla Morison felt it was time to resume her career with the idea of starting her own speech pathology clinic in 2013.

Matt Salisbury was Karla’s accountant since 2004.  Having never managed a business before, Matt was a natural choice for […]

Economic Stimulus Package

Coronavirus Economic Stimulus Package

The Government has announced a $17.6 billion economic plan to keep Australians in jobs, keep businesses in business and support households and the economy as the world deals with the significant challenges posed by the spread of the coronavirus.

The targeted stimulus package is focused on keeping Australians in jobs and […]

Pricing strategy that drives profit

Pricing is underestimated as a driver of business growth

“Getting new customers” is what business owners first think about when they want to grow.

Then they think of “selling more to existing customers”. These are both plausible ways to grow a business… though a change in pricing can bring even better results to the bottom […]

Tracking sales opportunities to predict new revenue

To grow your business, attracting new customers is an important strategy

Many will immediately think of marketing and creativity which can put many people off who feel like they are not a creative type. We want to stop you right there, as we believe that successfully bringing new revenue in your business is strongly attributed […]