Business Advisory

As part of my Chairman’s Address this month, I wanted to take this opportunity to share my thoughts on the Professional Services industry and the current business factors impacting those within the sector and of a similar nature.

One of the most common issues raised by business owners during the New Financial Year period often pertains to how to build a continuous ‘pipeline’ of leads and potential clients, which can be converted into increased revenue and business growth over time.

Regardless of industry, the upcoming New Financial Year presents an ideal opportunity for business owners to review the results of the previous 12 months and begin formulating a plan for the fiscal year ahead.

As business owners, significant time can be dedicated to growing your organisation and shaping it for the future. However, often neglected can be the time taken to ensure that proper protections are put in place, which can combat against potential risks that may arise both internally and externally.

This has been a quarter of drama from extreme weather events to devastating wars, from hype around inflation to hype of rising interest rates, from the passing of sporting icons to the commencement of the winter football codes – our thoughts are with everyone that has been affected.

It’s been the question on everyone’s lips for the past few years, will the global pandemic result in the “death” of the Central Business District as we know it?

Happy New Year and may it be a successful 2022.

Under introduced changes by the Australian Business Registry Service (ABRS), effective from 31st October 2021, Company Directors (of all types of companies) will need to register with ASIC and gain a unique 'Director Identification Number' (Director ID) identifier.

For our latest edition of the Building Your Business podcast, Chris Lewis & Ian Walker are joined by special guest: Margaret Lawson - Managing Director, Cole Lawson Communications as they discuss the critical considerations for business owners in building your reputation management strategy.