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Unique Programme Sets Client's Businesses on Road to Long-Term Growth by tax cooloola





Unique Programme Sets Client's Businesses on Road to Long-Term Growth by
Article Posted: 11/05/2012
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Unique Programme Sets Client's Businesses on Road to Long-Term Growth


 
Business
Charter Partners, people just get on with the job of helping their clients become successful business people. Charter Partners is a firm of accountants servicing the northern suburbs of Brisbane, the Sunshine Coast, Gympie and Bundaberg. It offers a range of business services, from accounting, taxation and audit services to succession planning through to more complex arrangements, depending on the needs of the client.

What is a Business Optimiser Services Package?

One of the services that Charter Partners offers sounds a little like “management-speak” but with a big difference. It actually has substance and can transform a mediocre business into one with a clear direction and some concrete plans for getting there. Called the Business Optimiser Services Package, it is a series of four discrete steps designed to lift business owners above the operational detail so they can think about the long term.

The process starts with a full business health check to identify the under-performing areas. After this health check, clients report seeing for the first time how their business is really performing, its potential, and the areas ripe for development. The accountant who performs the health check provides the client business with written instructions on how to increase profitability. There are also diagnostic reports, charts and graphs and what-if scenarios to allow the owners to explore possibilities on paper before making any decisions or changes.

Next, the client attends a strategic planning day. This is often the first opportunity that the business owner has had to think about anything other than the day-to-day challenges. Charter Partners' experienced personnel help to clarify a vision, a mission statement and competitive advantage. This is refined into a clear set of business goals with a solid strategy to achieve them. The client walks away with a business plan template to bring it all together, and a follow-up to make sure the plan has been implemented successfully.

The third part of the platform is a financial forecasting model designed to plot the business cycle and where in that cycle cash flow needs to be available. The result is that business owners are better able to understand the importance of cash flow. Often they don’t realise how the decision they make today can affect its availability further into the cycle.

Finally, a mentoring programme gives the client the opportunity to have an independent sounding board for problems or ideas through monthly or quarterly meetings with their Brisbane accountant. Having experts with a wider perspective who can be objective with their advice, and who hold the client to a disciplined format, helps the business to achieve its goals.

As management-speak goes, the Business Optimiser Services Package is certainly not ‘all talk and no action.” It is a proven, structured process backed up by financial and statistical data relevant to the individual client business. With this process under their belts, many owners have seen their business grow and move in directions they may not have previously considered. If you want an accounting firm that is all action, speak to Charter Partners, then strap yourself in for a positive ride to success. ">There is a lot of “management-speak” doing the rounds these days. Phrases such as “employee empowerment”, “incentivise,” “paradigm shift”, “cascading down”, and a whole raft of other useless expressions are thrown into speeches and meeting discussions, seemingly without purpose. They may sound clever, but do they really add anything to the main purpose of a business, which is to make a profit?

Fortunately, at Charter Partners, people just get on with the job of helping their clients become successful business people. Charter Partners is a firm of accountants servicing the northern suburbs of Brisbane, the Sunshine Coast, Gympie and Bundaberg. It offers a range of business services, from accounting, taxation and audit services to succession planning through to more complex arrangements, depending on the needs of the client.

What is a Business Optimiser Services Package?

One of the services that Charter Partners offers sounds a little like “management-speak” but with a big difference. It actually has substance and can transform a mediocre business into one with a clear direction and some concrete plans for getting there. Called the Business Optimiser Services Package, it is a series of four discrete steps designed to lift business owners above the operational detail so they can think about the long term.

The process starts with a full business health check to identify the under-performing areas. After this health check, clients report seeing for the first time how their business is really performing, its potential, and the areas ripe for development. The accountant who performs the health check provides the client business with written instructions on how to increase profitability. There are also diagnostic reports, charts and graphs and what-if scenarios to allow the owners to explore possibilities on paper before making any decisions or changes.

Next, the client attends a strategic planning day. This is often the first opportunity that the business owner has had to think about anything other than the day-to-day challenges. Charter Partners' experienced personnel help to clarify a vision, a mission statement and competitive advantage. This is refined into a clear set of business goals with a solid strategy to achieve them. The client walks away with a business plan template to bring it all together, and a follow-up to make sure the plan has been implemented successfully.

The third part of the platform is a financial forecasting model designed to plot the business cycle and where in that cycle cash flow needs to be available. The result is that business owners are better able to understand the importance of cash flow. Often they don’t realise how the decision they make today can affect its availability further into the cycle.

Finally, a mentoring programme gives the client the opportunity to have an independent sounding board for problems or ideas through monthly or quarterly meetings with their Brisbane accountant. Having experts with a wider perspective who can be objective with their advice, and who hold the client to a disciplined format, helps the business to achieve its goals.

As management-speak goes, the Business Optimiser Services Package is certainly not ‘all talk and no action.” It is a proven, structured process backed up by financial and statistical data relevant to the individual client business. With this process under their belts, many owners have seen their business grow and move in directions they may not have previously considered. If you want an accounting firm that is all action, speak to Charter Partners, then strap yourself in for a positive ride to success.

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