Build your financial security with OBT Financial Group – Lockyer Valley’s Business of the Year 2015 and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 30 years.
In this article, we look at ways the Finance Function should positively (and strategically) impact your business and help management make the best business decisions. How does your Finance Team stack up?
Farm accounting 10 points to consider
Farm accounting is more complex than other businesses when it comes to assets, liabilities, costs and revenue. But with a little thought and planning it’s possible to get into a routine of managing the finances for every aspect of your farm’s operation. Here are 10 points to bear in mind about farm accounting.
Big Tech’s market might in five charts
How would the US market have performed without Big Tech? How do their profits compare? Our charts reveal the market dominance of the “FAMAGs”.
Setting Goals and Seizing Opportunities in 2021
We look at what goal setting in 2021 means for different businesses in these interesting times.
5 Steps to Stronger Cash Flow Management
Are you making the most of your cash resources? Carefully managing cash in your business could determine whether you sink or swim through these COVID times. Here are 5 keys to minimising risk and optimising your cash management.
Business Resilience: Vision and Goals
In times of change, challenge, and opportunity, a clear vision can be exactly the tonic a business needs to distinguish itself and achieve success. We consider some examples of vision statements.
7 practical ways to improve business profits
Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business. The last instalment of the series discusses 7 practical ways to improve your profits.
What are your revenue goals?
Setting goals is key to success but some people find it intimidating and don’t know where to start. This article includes a 6-point guide on goal setting to help you focus and specify goals. This will lead to astute business planning and will bring clarity to the year ahead. It’s never too late to set goals!
Business Gymnastics
Understanding the factors which drive increased revenue / profit / value allows management to focus their time on activities which correlate with success (or even perfection!) Here are some factors we consider really important irrespective of your industry, size or goals.
How to increase your existing customer base
Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business. This article covers how you can increase your customer base by focusing on your existing customers.
