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ESS BIZTOOLS ESS BIZGRANTS Tools for Accountants
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Web-based service that provides accountants with business advisory information to support their SME business clients.
Web-based service that provides accountants with business advisory information to support their SME business clients.

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Some commentators are commenting on the significant improvement that some accountants are already achieving from offering business advisory services. Andrew Birch, MYOB General Manager – Enterprise Division and Connected Services said “the advisory work is increasing and that's increased about 40% over recent years and we expect that to grow". Accountants Daily Friday, 30 December 2016 - http://gplus.link/h4jru

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Management comes from the head; leadership comes from the heart.
http://ow.ly/BIR130cfa21

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“Accountants perform a vital role in their clients' financial success. According to research conducted by the International Federation of Accountants in 2016, as many as 93% of small businesses value accountants as a source of critical business advice". Accountants Daily. http://gplus.link/g2rhg

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Accounting Terminology #84 "Stock Indicators"
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A very unwanted title has been awarded to Australian small/medium enterprise operators with the announcement that Australian small businesses have the “largest debtors' days outstanding in the world".

The survey was conducted by UK-based “Market Invoice" which found that Australian businesses were being paid 26.4 days later than the traditional payment period, far later than the next latest country, Mexico with 18.6 days or South Africa with 16.5 days late.

Based on the traditional 30-day payment terms this means that Australian small businesses are being paid on an average of 56.4 days which the Australian Government Small Business Ombudsman, Kate Carnell described as the “silent killer of modern business".

http://gplus.link/gymnk

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“One way to build relationships and foster trust is by providing advisory services; to offer a range of consulting services to clients who want to improve their business performance" International Federation Of Accountants reported in Accountants Daily. http://gplus.link/gxips
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Clearly give the reasons for and the purpose of assigned tasks.
Give regular feedback and coaching if necessary. http://ow.ly/1wnL30cf9ZT

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Do you know that small/medium enterprises have indicated, in numerous surveys over the last 15 years, that they want to receive a wider range of commercial services from someone? Obviously, that someone is ideally suited to be accountants and business advisors.

Delivering a virtual Chief Financial Officer (CFO) service is a great activity for accountants/advisors to be undertaking in 2016/17 – the year of business advisory services.

http://gplus.link/gvuf6
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Accounting Terminology #83 "Stock On Hand"
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I believe that the Personal Property Securities Register annual review IS A MUST for any commercial business that you have as clients. http://gplus.link/gtqj5
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