Written by Dean Robinson on . Posted in Growth Newsletter.
With the work we undertake with one of our great clients, they send us their Dashboard, each day, that summarises what has happened in the business, that day. It contains key financial and non-financial data, which they transpose from their in-house software system, and generally provide some commentary about the day’s happenings in the business.
Written by Dean Robinson on . Posted in Growth Newsletter.
One of our great clients is in the retail space, specialising in health care. They’re a niche business and the owners not only have incredible knowledge of the industry, the products and their clientele, but are also passionate about it.
Written by Dean Robinson on . Posted in Growth Newsletter.
One of the things that has struck me about small and family business owners, over the years, is how unhappy so many of them are in their business, and in their lives.
Written by Dean Robinson on . Posted in Growth Newsletter.
It’s early Monday morning. I’ve stayed up on the Northern Beaches on a Sunday night to make sure I’m fresh for the two days of meetings. They’re great clients and I always like to turn up on or before time, to get a good start on the day and catch up on proceedings since I was last there.
Written by Dean Robinson on . Posted in Growth Newsletter.
An accountant is approached by a potential client for help with their compliance matters. The client is late with their prior year’s tax returns and needs things undertaken as soon as possible. The reason for the hurry is not because the authorities are chasing them up. The client needs finance for a property they’re purchasing and, as part of the loan process, copies of most recent tax returns are required. That, in itself, is probably the first warning sign.
Written by Dean Robinson on . Posted in Growth Newsletter.
I have a saying that’s almost become a philosophy – “Numbers are reasons in disguise”. I’ve long subscribed to the fact that the financial statements, nor the accounting systems maintained by most small and family businesses, tell the full story of what’s happening inside of that business.
Written by Dean Robinson on . Posted in Growth Newsletter.
In my e-book “How to Build a Vault for your Family Business“, I make mention of the fact that a lot of what happens inside of a small or family business, is stored in the heads of the business owner. It’s not documented. Often, there’s no system in place. Invariably, whilst the owner may know what’s going on, others in the business, and inside the family, don’t.
Written by Dean Robinson on . Posted in Growth Newsletter.
In some ways, 2023 was a bit of a blur. Once we’d returned from our New Zealand cruise in early April, it was pedal to the metal. Lots of client work to get on with. Plenty of new assignments that we started on. Speaking to various groups locally and internationally. By the time Christmas rolled around, it felt like I hadn’t stopped all year.
Written by Dean Robinson on . Posted in Growth Newsletter.
I’m at an event and spot someone in the distance. I offer a wave, and one is returned. We make our way through the crowd, occasionally interrupted on our journey, to say hello to some others. Eventually, we meet up with the individual in question, and, being the first time they’ve met each other, I introduce my wife. A brief hello from them, is then met with a 180 degree pivot – the turning of the back.
Written by Dean Robinson on . Posted in Growth Newsletter.
Mum & Dad have an established business. It’s been humming along for a while. Mostly good years. Some rocky ones. All up, they’ve built a life, established some private wealth and are doing, on a daily basis, what most people only dream of.