For many business owners, December and January can feel like standing at a crossroads. Some industries - construction, manufacturing, professional services - slow to a halt. Others - retail, hospitality, tourism - hit overdrive. No matter which camp you fall into, the...
I’ve been working with business owners for over 30 years, and if there’s one thing I’ve seen over and over, it’s this: the earlier you face financial challenges, the more options you have to save your business and your sanity. When debt starts piling up, it’s easy to...
One of the toughest conversations I have with business owners is around Director Penalty Notices (DPNs). Most directors don’t realise that company debt can end up on their own shoulders until a letter from the ATO lands in their inbox. If you’re a director, it’s worth...
If you’re running a business, I get it - lodging your BAS or tax return isn’t always at the top of the list. Between keeping staff paid, chasing invoices, and managing the day-to-day, paperwork can easily slip down the pile. And for a while, especially through COVID,...
Over the years, I’ve seen many businesses face extraordinary challenges - some that seem insurmountable at first glance. Recently, I had the opportunity to guide a long-standing hospitality business through a small business restructuring (SBR), and it was a stark...
It’s been over five years since COVID-19 dramatically reshaped the business landscape. While many companies struggled to survive, some took bold, strategic steps to not just endure but come out stronger. One such example is an event hire business that faced an...
In today’s fast-moving business world, it’s easy to get swamped by data, but not all numbers are created equal. The real power comes from knowing which numbers matter most, tracking them regularly, and using the insights to make better decisions. That’s why Key...
I’ve been doing this work for a long time now, over three decades. And if there’s one thing I’ve learnt, it’s that no business is bulletproof. Even the best-run companies, with all the right numbers and people in place, can get hit hard when something completely out...
Running a business is never easy, and as accountants, you often see firsthand the early signs when things start to go off track. At AS Advisory, we understand how critical it is to identify financial distress early, not just to save the business, but to ease the...