Insights

Late Lodgement Risks: Understanding Penalties and Consequences

Late Lodgement Risks: Understanding Penalties and Consequences

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,...

Hospitality Post-COVID Recovery: Lessons from a Restructure

Hospitality Post-COVID Recovery: Lessons from a Restructure

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...

Understanding and Using KPIs to Drive Better Business Decisions

Understanding and Using KPIs to Drive Better Business Decisions

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...

When Cash Stops, What’s Next?

When Cash Stops, What’s Next?

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...

5 Signs of Client Financial Distress: A Guide for Accountants

5 Signs of Client Financial Distress: A Guide for Accountants

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...

Australian Brewery Industry Update

Australian Brewery Industry Update

Australia’s craft beer industry has experienced meteoric growth over the last decade, with the number of boutiques sky-rocketing from around 200 in 2013 to over 600 by 2020.

Preparing for SBR in 2024

Preparing for SBR in 2024

Introduced in 2021, SBRs allow directors to negotiate debt compromises with creditors under a structured framework.