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Your exit planning journey
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Your exit planning journey

Blog, Exit plan

Your exit planning journey

By Geoff Gartly|2025-12-29T00:06:24+11:0020/02/2023|Categories: Blog, Exit plan|Tags: exit, owner, small business|

Exit Planning Starts Today: A Practical Guide for Small Business Owners Are you thinking about the future of your small business and wondering how to begin your exit planning journey? You’re not alone. Many small business owners delay exit planning because they’re unsure where to start or assume it’s something to deal with later. However, with the right guidance from an experienced exit planning and succession advisor accountant, you can create a clear plan that protects your legacy, maximises value, and ensures a smooth transition. A well-structured exit plan doesn’t just prepare you for selling or transitioning your business — [...] READ MORE

Cost reduction and Maximizing Profit in Your Business

By Geoff Gartly|2024-02-19T15:39:40+11:0008/02/2023|Categories: Blog, Business growth|Tags: cashflow, small business|

Cost reduction by reducing expenses means great profits, right or wrong? What is Cost Reduction & Why Is It Important for Business Owners? Cost reduction is one of the most important aspects of running a successful business. It can help businesses save money and increase their profits. But doing it correctly will achieve great results for your bottom line. Expenses slashed for the sake of it may be detrimental. As a business owner, you need to be aware of different cost reduction strategies and how they can help you achieve your goals. By understanding the basics of cost reduction, you [...] READ MORE

Sales tools for small business
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Sales tools for small business

Blog, Business growth

Sales tools for small business

By Geoff Gartly|2024-02-19T15:48:16+11:0003/12/2022|Categories: Blog, Business growth|Tags: sales tools, small business|

Effective Sales Tools for the small business smart checklistDo you use tools that help grow sales in your business? Sales are the lifeblood of any business. Yet how many of us have had training in closing a sales deal as small business owner? With a new year about to start, it’s time to review your sales process and help your business grow. Set a budget that you and the team can aim for in 2023 Working with your customer The art of selling is to focus on the prosperity and happiness of your customers! “Don’t bother telling the world you [...] READ MORE

Small business cashflow
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Small business cashflow

Blog, Business growth, Services accounting for small business

Small business cashflow

By Geoff Gartly|2025-10-02T17:17:06+10:0026/07/2022|Categories: Blog, Business growth, Services accounting for small business|Tags: cashflow, small business|

Small business cashflow is so important. This is highlighted in this week's Accoutantsdaily article about cash flow. What's highlighted is an enormous gap for many small businesses. The last 2 years have highlighted major issues for small businesses and cash flow is one on top of the list. Small businesses have been plagued by closures and staff absenteeism due to Covid. This can account for why some businesses' cash flow is facing an uphill battle in recovery. But there is also a fundament lack of planning by some small businesses. Not knowing where you going is like a hose [...] READ MORE

Local manufacturing in Moorabbin and Dandenong South
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Local manufacturing in Moorabbin and Dandenong South

Blog, Business growth

Local manufacturing in Moorabbin and Dandenong South

By Geoff Gartly|2025-12-12T16:16:19+11:0003/06/2022|Categories: Blog, Business growth|Tags: manufacturing, small business|

Local Manufacturing Tax help for Melbourne’s South East Local manufacturing businesses based in Melbourne’s South East, particularly Moorabbin, Dandenong South, Carrum Downs and Seaford, can take advantage of valuable tax incentives to boost productivity and modernise their operations. Bringing forward tax incentives is one of the most effective ways for manufacturers in Moorabbin and Dandenong South to upgrade equipment, improve efficiency and support long-term growth. Helping Local Manufacturing Businesses Thrive Gartly Advisory, Melbourne accountants based in Ormond, specialise in supporting local manufacturing businesses in the South East suburbs. We love working with manufacturers, and our advice is simple: use the [...] READ MORE

Customer Discounting for a trade business leads to profit leaks

By Geoff Gartly|2024-02-20T16:31:16+11:0002/04/2022|Categories: Blog, Business growth|Tags: discount, small business, tradie|

Discounting leads to disaster for small business trade who discount to get work

Weekly Newsletter March 31st
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Weekly Newsletter March 31st

Blog, News for you

Weekly Newsletter March 31st

By Geoff Gartly|2022-03-31T07:16:00+11:0031/03/2022|Categories: Blog, News for you|Tags: federal budget, small business, taxes|

The Federal Budget 2022 Here is our quick summary of the Federal Budget handed down on Tuesday. The Budget focused on keeping business and the economy going during uncertain times. It would be also be drafted with a focus on the following Federal Elellection due soon. Media reports indicate that if there is a change of Government, the ALP will publish a newly revised budget in July or August this year, which may not result in all initiatives etc., being fulfilled or modified. Here are the critical points that we believe will impact our clients:• 120 % tax deductions for [...] READ MORE

New business startup what to do!

By Geoff Gartly|2024-02-27T15:32:09+11:0030/01/2022|Categories: Blog, Business growth|Tags: small business, starting out, startup|

Starting out in a new business and being your small business startup journey I remember many years ago how exciting it was to begin the small business journey. It has been a journey twenty years later that's is full of ups and downs, fun and pain and plenty of laughs. Twenty years in and I have no regrets. In fact, anyone that can do it, should. Yes like all of us I have made some dumb decisions but I don't have any regrets? No way, in fact, I have also made some good decisions too. There have been a lot [...] READ MORE

What happens to my business when I die?
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What happens to my business when I die?

Blog, Estate Planning

What happens to my business when I die?

By Geoff Gartly|2024-02-27T15:44:12+11:0029/01/2022|Categories: Blog, Estate Planning|Tags: die, small business, sole trader|

When I die what happens to my business and my affairs? Will my business continue or just stop? If you were running as a sole trader and you die, in most cases, your legal personal representative will step in . It is their role to manage your business. They can assess if the business needs to be wound up, sold or transferred to a beneficiary. Your business asset forms part of the assets of the estate. Therefore legally executed will , can help give certainty to your wishes. Many clients are unsure of the process of what happens once they [...] READ MORE

A smart Cashflow Strategy will generate better business profits!
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A smart Cashflow Strategy will generate better business profits!

Blog, Business growth

A smart Cashflow Strategy will generate better business profits!

By Geoff Gartly|2022-05-07T04:21:37+10:0027/01/2022|Categories: Blog, Business growth|Tags: bank fees, cashflow, profit, small business|

For many businesses, cash flow is an issue that holds the business back. But, unfortunately, there never seems like there is never enough cash when you need it. With Christmas around the corner, it’s time to plan. Naturally, a business owner will not want to reduce their cash balance unnecessarily at this time. But, on the other hand, an increase in cash into the business can make life easier and lower the cost of financing. Moreover, squiring the money now can pay dividends in the post-festive month of January. How to reduce cashflow leaks To help you preserve or increase [...] READ MORE

Your exit planning journey

Your exit planning journey

Cost reduction and Maximizing Profit in Your Business

Sales tools for small business

Sales tools for small business

Small business cashflow

Small business cashflow

Local manufacturing in Moorabbin and Dandenong South

Local manufacturing in Moorabbin and Dandenong South

Customer Discounting for a trade business leads to profit leaks

Weekly Newsletter March 31st

Weekly Newsletter March 31st

New business startup what to do!

What happens to my business when I die?

What happens to my business when I die?

A smart Cashflow Strategy will generate better business profits!

A smart Cashflow Strategy will generate better business profits!

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