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20 12, 2018

From the CEO’s Desk: Business Valuations and Divorce

Whenever the concept of valuing a business features in a conversation, the subject matter generally has to do with the stock market. Indeed, when it comes to publicly listed stocks, a business valuation often proves an integral part of any full-time investor’s investment thesis. Despite the strong tendency we have to associate business valuations with

17 12, 2018

Development Plans – A Business Essential

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Like any business investment, we look at the return we will receive. Some returns are more difficult than others to quantify and measure, others can be easily measured by reviewing Key Performance Indicators. For those business’s that toil with the constant challenge of enthusing their workforce to perform at a high level, then an investment

7 12, 2018

What’s An Audit, and Do I Need One?

Everyone wants to know they are dealing with credible information, whether it be shareholders, creditors, lenders, employees, analysts, prospective investors, so that they can make assessments and decisions with confidence. An audit can also deliver value to an organisation by providing business advice on the internal controls, processes of the business, and recommendations for improvement. When conducting

22 11, 2018

Cash flow: when sales grow, profit can count for little

Cash flow. A term anyone involved in the world of business is familiar with. And for good reason, too, for rarely do we ever come across a metric that is both valuable and easy for most to understand. Defined simply as the net amount of money being transferred into and out of a business, cash

29 10, 2018

Superannuation: Australia braces SMSF member limit increase

In late April 2018, then federal minister for revenue and financial services Kelly O'Dwyer issued an announcement [1] declaring an expansion of the limit on the maximum number of members that are able to comprise a self-managed superannuation fund (SMSF). The raise – from four to six – was implemented by the then Turnbull Government

11 10, 2018

Xerocon 2018 Summary

This year Ashfords sent five attendees to represent the firm at Xerocon in Brisbane. This was an exciting time for the team to meet with a range of different add on software providers within the app marketplace, and network with other professionals and share experiences. The Xerocon experience in Brisbane was actioned packed! Our team

5 10, 2018

Notice of Pricing Adjustments – Xero Subscriptions

Xero has informed us new prices will take effect on 28 September 2018. They reflect the improved value Xero is delivering and the rising cost to serve larger businesses on a per-employee basis. Most subscribers will see no change in price. Many will find their plan has extra features at no added expense. Xero held

19 09, 2018

Downsizing Contribution to Super

The Federal Government recently announced that, as of 1 July 2018, downsizers aged 65 years or older may opt to contribute proceeds from the sale of their home (up to a total of $300,000 each) toward their super fund(s). Referred to as a downsizer contribution, it is treated as being non-concessional; existing in addition to