Organic Growth Strategies – 4 effective strategies you can implement today! Growing your business is a natural objective for virtually all small businesses. In our last blog about methods to grow your business, we explored “5 Exponential Growth Strategies for SME’s”, looking into ways where immediate growth can be achieved through acquisitions, franchising, distribution expansion,…
At Advivo, we are constantly looking for new ways to take your business to the next level and we never cease to be surprised at the constant rate of change and innovation and the opportunities they present for improvement and growth. However, we cannot ignore the most prominent metrics of profitability and there are only two…
Why Should Businesses ‘Socialise’? With only a third of Australian businesses currently adopting a social media presence, many are missing out on business opportunities – including unparalleled market reach – and financial incentives. We may not be marketing specialists, but when it comes to the advantages of social media for business, the numbers speak for…
Secret to Increasing Your Business’s Revenue “It can’t be done”, we hear you say. Well, yes, it can and the secret is not in your own business (although that is a big part of it) but in thinking outside of the square and looking at “other businesses”. That’s right, even as a small to medium…
Business Assessment and Valuation There are many reasons why business people seek a business valuation, including: Selling the business – to get an idea of a good price, you need to know what your business is worth. This is a leading motive for conducting a valuation. Even if you don’t plan to sell yet, valuing your…
We are excited to announce that Advivo now offers a complimentary Secure File Transfer Service that provides you with a quick, easy and secure way to share files over the internet. Advivo has tried and tested this new service, and are excited to offer to our clients this easy to use method of sharing files.…
Welcome to the new financial year. Unlike new calendar years most people tend not to make resolutions, however, resolutions are just simplified plans and here at Advivo we strongly encourage you to reflect on last year. From a business perspective, analyse how you went and plan for the forthcoming year to ensure you continue…
R&D Tax Incentives: Benefits and Eligibility Accessing the federal government’s research and development tax incentive is often considered too complicated by SME’s to be worth their while. However, if claims are able to be adequately substantiated the benefits available are generous. In recent times, our clients have had great success accessing their R&D entitlements by engaging experts to review…
Understanding Your Financial Report Financial reporting is a crucial component of business management and helps to monitor your business performance against your goals and expectations. We take this opportunity to share some simple tips to help demystify your Balance Sheet, Income Statement (Profit and Loss), and Statement of Owners Equity (also called Statement of Change…
End of Financial Year is here! As mentioned in previous correspondence, there are many important legislative changes happening from 1st July, please take note and take action if any of the upcoming changes affect you. We have included an update from our affiliate Employsure, this includes updates to penalty rate changes and minimum wage. Last…
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