Small businesses are the backbone of the Australian economy and face particular opportunities and challenges throughout their lifecycle.
This workshop will focus on things to consider and manage during the various stages of a business lifecycle, including:
- Starting – getting the structure right; the importance of managing your cash flow and reporting obligations
- Growing pains – how to gear up for growth and protect yourself from things outside your control
- Exiting – how to plan for succession; getting ready for sale
What if everything doesn’t go according to plan – reasons businesses fail, warning signs to look out for and options available to turn the business around or wind down.
During the workshop, we will also discuss the implications of financial interactions between the business and the personal affairs of the business owner and how these interactions can be managed effectively.
Key takeaways include;
- Understand the different stages in a business lifecycle
- How to manage the different challenges and opportunities you may face as a business owner
We look forward to seeing you at the workshop.
Kim Reynolds, Director – Taxation Advisory at Vincents
Kim has over 20 years of experience helping clients piece together the ever-changing and increasingly complex world of tax. She provides specialist tax advice in income tax, CGT and GST, as they apply to privately held family groups and high-net-worth individuals.
Kim is particularly interested in helping clients deal with business restructures, family succession, and estate planning and assisting clients and their legal advisers in understanding the taxation issues related to family law and dispute matters (expert reports).
Ashley Leslie, Director – Insolvency & Reconstruction
Ashley is an insolvency practitioner with over 19 years of experience, specialising in corporate and personal insolvencies.
Ashley has diverse experience, including corporate accounting, information technology, corporate reconstruction, insolvency, and investment scheme wind-ups. She has a holistic approach to solving complex problems in a diverse range of businesses and is well respected for her attention to detail.