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.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.
Engaging a Virtual or Fractional CFO
Outsourcing is a common way to save overhead, and ‘remote work’ is increasingly accepted in business culture. This has led to more organisations engaging a CFO on a part-time or contract basis. What should you look for in an outsourced CFO?
Strengthening Financial Controls for Remote Workers
Business owners need to demonstrate the importance of improving financial security and minimising risk. Here are 9 measures you can take.
Automating Your Business
The new year is a great time to review your business and consider how to improve efficiency. Automation can help to standardise procedure, make processes cheaper and faster, improve reporting and help you focus on more productive activities.
Accounting as a Driver of Good Business Decisions
There’s more to accounting than compliance. A well-run accounting function is multiskilled and supports business leaders to accomplish a range of different outcomes. We describe 5 important ways a business can benefit from the breadth of skills in an accounting function.
7 Best Practices in Digital Transformation of a Business
The ‘digital revolution’ is not exactly new… but we still see businesses battling with basic things. We look at some approaches to help businesses succeed.
Dr Angela is an out of this world author
In our feature client story, read about a Lockyer Valley MD and OBT client who adopted a pen name and published three intergalactic novels in two years.
Managing Your Business in an Inflationary Environment
The COVID-19 pandemic is driving significant and unpredictable “price spikes”. Let’s look at what business leaders should be thinking about in this environment.
ABN cancellation program
If the ATO believes you are no longer carrying on an enterprise, they may contact you to advise of their intention to cancel the Australian Business Number (ABN).
Getting the Most from Your Financial Statements
What Best Practices should you follow when conducting a Financial Review to ensure your decision-making is based on a thorough understanding of your business?
