Build your financial security with OBT Financial Group – Lockyer Valley Business of the Year recipients and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 40 years.
Commonly, business owners delay succession planning until options narrow and business risk increases.
How to maximise the value of your business
What would happen to your business if you suddenly had to step away? Many owners delay succession planning until options, value and control have already started slipping away.
6 Factors for developing Your Business Budget
Here are 6 practical tips to help create a budget that works for your business.
Focus on More Productive Duties
To properly support business owners, the Accounting function should employ well-designed Accounting systems and processes. These save time and cost, while producing accurate and timely information. Read how.
Efficiency and Productivity in Business Operations
Businesses have a better chance of THRIVING when there’s a focus on operational efficiency and productivity. This reduces costs, improves customer satisfaction and results in a competitive edge.
5 Critical Financial Metrics to Monitor in a Small-Medium Business
There’s no single ‘correct’ way to run a business… but keeping track of important metrics is a good basis for deciding strategy. Here are 5 metrics which offer deep insights to leaders as they consider important decisions.
Building a Cash War Chest for the Business
In uncertain times, business owners can follow these six steps to establish and maintain a cash reserve, which helps secure the business in adverse circumstances.
Tracking the Right KPIs for Your Business
It’s critical to monitor performance effectively, but there is no single list of KPIs which apply to all. Here are some guidelines to choosing KPIs suited to your business.
Managing ESG Opportunities and Challenges
In recent years, Environmental, Social and Governance considerations (ESG) have become an increasingly strong influence on businesses. Here are some steps to navigate this part of running a business.
Staying on Top of Important Trends in your Business
There are many things to juggle as a business owner, but setting aside time to examine the financial health of the business is a smart move. We recommend conducting a periodic ‘self-audit’ to track performance in five important areas.
