Succession Planning

Does Your Family Business Have a Succession Plan?

Managing Partner, Leon Stephan, Shares Insights about the Importance and Long-Term Benefits of Succession Planning to Your Family Business For family business owners who have put their heart and soul into growing their business, developing a succession plan can be a daunting task to face and one that is too often overlooked. However, if you…

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Taking Stock of the First Quarter

Advivo outlines how to assess your first quarter and kickstart a successful second quarter.   First Published: February, 2017 Updated: September, 2023   For business owners, October is a very important milestone. It marks the end of the first quarter and the beginning of quarter two. The first quarter sets the pace for the year…

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Steps for Building a Resilient Business

Advivo outlines the crucial steps for building a resilient business in the current economic landscape.   With the ever-changing business landscape, and the constant introduction of stressors such as higher interest rates and cost of living, building a resilient business is more important than ever. Taking the steps to ensure that your business is able to…

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5 Tips for Effective Business Succession Planning

Originally Written: 9 Nov 2021 | Last Updated: 11 Aug 2023 Advivo Business Advisors and Accountants share their insights on planning your business succession to ensure a smooth and successful process. Succession planning can be intimidating and sometimes overwhelming, in many cases, it is a family business that has been built from the ground up…

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Could Your Business Benefit From a Board?

Originally Written: 11 Jul, 2022 | Last Updated: 11 Aug, 2023 Advivo Managing Partner, Leon Stephen, explain the different types of board structures and how they can benefit your business. When we start our businesses, we have a skill, passion and a desire to “have a go” and make a solid future for ourselves and…

Minor and Infrequent FBT: Is Your Vehicle Under Attack?

Advivo Accountants and Advisors explain the requirements of an FBT exempt vehicle… does yours measure up?   Published: February, 2020 Updated: March, 2025   My ‘ute’ is FBT exempt right? Wrong. Well… not necessarily anyway. As business advisors in Brisbane, we often come across small business owners who have been told they should buy a…

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Is Superannuation Payable on Overtime?

Advivo explains the ins and outs of paying superannuation to your employees.   First Published: April, 2018 Updated: July, 2023   As a small business owner, you likely have many different roles to fill, and won’t always know the answer to every question involving your finances. Superannuation is one of those anomalies that you need…