The Business Behind Your Business

In this episode, we dive deep into the world of artificial intelligence (AI) with industry expert Josh Thomas, co-founder of Anabots AI. With over 15 years of entrepreneurial experience, Josh shares practical insights on how small and medium-sized business owners can harness the power of AI to boost efficiency, improve decision-making, and drive business growth. We debunk common AI myths and explore real-world strategies that you can implement today to stay ahead of the competition. Tune in to discover how AI can transform your business and help you thrive in a rapidly evolving market! Don't miss out on these game-changing tips and strategies. Josh Thomas is a 15-year grizzled veteran entrepreneur who has worked with more than 5,000 entrepreneurs across 30 different industries over the last 15 years. Many of his top clients have been able to 2X, 3X, and even 5X their sales in less than 90 days by following his proven sales systems and guidance. A long-time business consultant, he is the Co-Founder of Anabots AI as well as host of “The Do Zone” and “Basic Business AI” podcast. Austin, Texas is currently home although he’s originally a Kentucky boy. Josh's LinkedIn Website: anabots.ai https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

Discover proven cost-cutting strategies that can significantly increase your business profits without sacrificing quality. In this episode of 'The Business Behind Your Business,' we dive deep into practical tips and techniques to streamline your operations, reduce overheads, and drive sustainable growth. Some of the strategies include: Paul Sweeney Chartered Accountant & Business Advisor, launched Pretium Solutions after a long and successful career in accounting and business advisory. Paul credits his passion for small business with growing up in country NSW, where family-run businesses were the cornerstone of everyday life. For Paul, the driving force behind The Business Behind Your Business was to make high end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business. Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters. www.pretiumsolutions.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

Employee issues can drain time, resources, and morale from your business. By addressing these red flags early and effectively, you can maintain a positive workplace environment and ensure your business thrives. Our experts James Frank and Raj Nathoo discuss the common issues that arise with employees in small and medium-sized businesses. From legal compliance and the importance of clear communication to the impact of company culture and proper induction processes, get practical advice and actionable insights to help business owners address potential problems before they escalate. Protect your business and create a positive, productive work environment. Raj Nathoo is a Learning and Development Consultant and Specialist at Keystone Consulting Group Pty Ltd. He has a passion for learning and helping businesses realise their true potential through better skilled and trained employees. As a L&D Specialist his focus is on helping SME’s provide a better employee experience by developing onboarding and learning frameworks customised for their business. As a learning and development consultant, he has worked with businesses to help them identify skill gaps within their organisations and the steps that need to be taken to close these gaps. At Keystone, the focus is on: Enhancing the onboarding processAssessing training needsDeveloping customised training programsHelping organisations improve employee performanceCreating a culture of continuous learningImplementation of a customised Learning Management SystemContact Raj at raj.nathoo@keyactlearn.com James Frank is an experienced and innovative Corporate Lawyer specialising in Governance, Advisory, Restructuring, and Litigation matters. He holds an Advanced Certificate in Insolvency from the Australian Restructuring, Insolvency and Turnaround Association, showcasing his deep expertise in navigating complex financial situations. James is not only passionate about law but also about innovation and technology. His background includes significant experience in building and scaling startups, making him a valuable partner for entrepreneurs looking to grow their businesses strategically. As the Chief Executive Partner at Frank Law + Advisory, James integrates his legal expertise with a forward-thinking approach to support SMEs in achieving their goals. He spearheads the firm's @Work Service Model and Advisory Team, ensuring businesses receive tailored, proactive advice to navigate challenges and seize opportunities. Additionally, James founded Brolly Capital, which has a vision to provide growth capital and buyout solutions to SME founders. Brolly Capital currently holds investments in technology, professional services, ecommerce, and hospitality ventures. Website: franklaw.com.au Frank Law social media links: LinkedIn Facebook https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

In this episode of "The Business Behind Your Business," host Paul Sweeney dives into the common excuses that hold business owners back from achieving profitable growth. What is stopping your business from achieving "Better Business Profits than 70% of Your Competition"? Paul explores actionable strategies to overcome these barriers. Discover how to move beyond the typical reasons for stagnation and implement practical steps to ensure your business thrives. Join us as we provide insights and solutions to help you unlock your business's full potential and achieve greater profitability. Paul discusses key excuses such as: "I'm already doing everything possible." "I know everything about my business." "There's no point in trying." He shares effective strategies to counter these excuses, focusing on the importance of strategic action, seeking objective advice, and maintaining a positive outlook even in challenging times. Tune in to learn how to break free from limiting beliefs and take your business to new heights. https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

In this episode of "The Business Behind Your Business," host Paul Sweeney discusses the concept of "The Great Wealth Transfer" with his guest, Inbam Devadason, a seasoned financial advisor with over 30 years of experience in the financial services industry. Paul and Inbam look at the significant demographic shift in business ownership in Australia, where over 50% of small business owners are over the age of 50, and only 8% are under the age of 30. This trend emphasizes the importance of effective succession planning and wealth transfer strategies. Inbam highlights the importance of several key strategies in transferring business and personal wealth including: Discover some valuable insights and actionable advice for business owners looking to navigate the complexities of wealth transfer and succession planning, ensuring the longevity and success of their businesses across generations. This episode is a must-listen for small and medium business owners, financial planners, and anyone interested in understanding the intricacies of transferring wealth and business ownership in today's economic landscape. Inbam Devadason - Our podcast guest Inbam Devadason is an author, father of 4 and the owner of Sydney the labradoodle. Inbam has over 30 years of experience in the Financial Services Industry. Inbam loves to travel and has visited 30 countries around the world. His aim is to get to 50 by 2035. Inbam loves variety and has lived in 7 cities. Melbourne, where he lives now is his second favourite place. Inbam loves adventure and has conquered Mount Killimanjaro (Height 6,000). Inbam is passionate about providing financial education to anyone who will listen and tries to help clients and friends to make wise financial decisions that will give them financial flexibility in the future. Inbam is the Responsible Manager at Precision Financial and has overseen the business for 18 years. As a way to give back to the community Inbam has: Run financial planning courses in community collegesWorked on a volunteer basis with people stuck in personal debt to assist them with a path out.Contact Inbam at LinkedIn or advice@precisionfinancial.com.au www.precisionfinancial.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

In this episode of "The Business Behind Your Business," we discuss the critical importance of understanding your financial figures as the year comes to a close. With tax season approaching, maximising your returns and profits is crucial, but many business owners often overlook the need to stay on top of their financial data. We highlight the necessity of maintaining accurate and up-to-date financial records to make informed decisions and improve your business's performance. Our host, Paul Sweeney, a seasoned chartered accountant and business advisor, outlines five key financial metrics every business owner should focus on: profit, revenue, net cashflow, inventory, and debtors. These metrics help track your business's health and ensure you can make strategic adjustments as needed. Additionally, we revisit the essential tools every business should utilise, such as accounting software and customer relationship management (CRM) systems, to streamline financial tracking and improve overall efficiency. Tune in to learn how staying informed about your numbers can empower you to make smarter decisions and drive your business forward. Paul Sweeney Chartered Accountant & Business Advisor, launched Pretium Solutions after a long and successful career in accounting and business advisory. Paul credits his passion for small business with growing up in country NSW, where family-run businesses were the cornerstone of everyday life. For Paul, the driving force behind The Business Behind Your Business was to make high end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business. Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters. www.pretiumsolutions.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

In this episode of "The Business Behind Your Business" podcast, host Paul Sweeney interviews Dave Power, the founder of Power Creative, to explore the transformative power of video storytelling for business owners. With over 25 years of experience, Dave shares his insights on how to effectively use video to promote and grow your business by capturing the audience's attention and building trust. Dave emphasizes the importance of planning and strategy in video production, explaining how a well-thought-out plan can save time and resources. He discusses the significance of collaborating with professional writers and interviewers to capture the right message and avoid common pitfalls. Dave also highlights the balance between self-generated content and professionally produced videos, offering practical advice on when to use each approach. Listeners will gain valuable insights into the different types of video content, including testimonials, case studies, and product demonstrations. Dave provides guidance on setting budgets and expectations, discussing various pricing models and the importance of aligning your budget with your goals and project complexity. He stresses that investing in professional video production can enhance your brand's credibility and reach. Tune in to learn from Dave Power's extensive experience and discover how to effectively use video to tell your business story, connect with your audience, and drive success. Visit Power Creative to learn more about Dave and his team's work, and explore the resources and examples available on their website. Dave Power Power Creative are producers of video content for brands and businesses, globally & locally. With an in-depth industry experience since 2001, the company founded by Dave Power has led to clients ranging from the individual looking to produce philanthropist media content, a family heritage documentary through to commercial and scalable internal corporate comms video content. Their portfolio covers a range of sizes in business, from a smaller business through to clients such as Wesfarmers, Mirvac and Rare Cancers Australia. You can view their portfolio of work here: powercreative.com.au Facebook X Instagram TikTok LinkedIn https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

Do you feel confused about what you should be doing for your business at the end of the financial year? Do you feel pressure to buy, buy, buy with the EOFY sales? Or do any of these concerns around business taxes sound familiar? You aren't alone! These are common feelings of many business owners. As we head to the end of the financial year in Australia, there is a critical opportunity for business owners, but one that is often missed...Tax Planning. In this episode, Paul Sweeney is going to explain what key activities you need to be doing to pave the way for a great year ahead for your business. Paul will shine a spotlight on tax planning plus show you why you shouldn't get caught up in the pressure of EOFY sales. So you haven't bothered with Tax Planning before - why should you start now? The seasons are changing constantly and so is the environment we operate in. If you're a business owner, you are going to be affected. Tax planning is all about managing your tax obligations smartly and legally. While we can’t avoid taxes, we can reduce the amount you owe. Careful planning and using available incentives and concessions can significantly improve your position. Here’s why tax planning is important: Reduce stress over tax payments:Lower your tax bill:Understand your financial position:Better financial stability:Improve your tax position for the following financial year: So if you are thinking of giving tax planning a go this year, make sure you act fast. Contact your accountant today and don't let another year slip by with poor tax outcomes and shaky cash flow. And remember, don't fall into the trap of buying something simply to get the tax deduction for it! Only buy it if you need it. Use your time and energy to focus on tax planning rather than chasing EOFY sales. Paul Sweeney Chartered Accountant & Business Advisor, launched Pretium Solutions after a long and successful career in accounting and business advisory. Paul credits his passion for small business with growing up in country NSW, where family-run businesses were the cornerstone of everyday life. For Paul, the driving force behind The Business Behind Your Business was to make high end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business. Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters. www.pretiumsolutions.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

What should business owners do when new technology threatens to derail their business? Close down or find a new path? This was the dilemma experienced by professional copywriter Leanne Shelton (Write Time Marketing). With the avalanche of artificial intelligence taking over much of content creation, Leanne made the challenging decision to pivot her business and embrace AI by becoming an expert on ChatGPT and AI. Now, Leanne is using her writing expertise to help other businesses navigate the treacherous waters of 'bad content' as they jump onto AI to create their own marketing messages. By being adaptable, new avenues have opened up for Leanne. Find out how your mindset can help you be flexible in your business planning and in dealing with challenges. Your ability to pivot your business can determine your future success. Leanne Shelton is an international ChatGPT trainer, keynote speaker, and human copywriter. With her 9-year-old SEO copywriting agency, Write Time Marketing, struggling to convert in a tough economic climate, Leanne made the ultimate business pivot in May 2023. She decided to embrace (not escape) her shiny, new, and free competitor, ChatGPT. Leanne quickly became a sought-after keynote speaker for summits and conferences, with multiple requests to run webinars, workshops, one-on-one sessions, and in-house organisational training. She now runs ‘The AI DIY Club’ membership, offering small business owners a safe space to explore and experiment with AI tools and prompts every week. Featured in The Australian, ABC News, 6PR Perth Radio, Disrupt Radio, and various podcasts, she’s recognised as an AI Expert by LinkedIn Australia editors and Kate Toon’s Digital Marketing Collective Membership. In addition, Leanne hosts ‘The AI Train’ Podcast (formerly co-hosted with Tim King). Outside of work life, Leanne is a newly converted running enthusiast, lover of dance, occasional yogi and meditator, engrossed reader of business books and psychological thrillers, a dedicated wife, and frazzled mum to two daughters. Links: leanne@writetimemarketing.com.au https://www.linkedin.com/in/leanneshelton/ @leanneshelton247 (Instagram) ‘The Leanne Shelton podcast’ – https://podkite.link/marketing-and-me ‘The AI Train’ podcast - https://shows.acast.com/the-ai-train https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

There's so much uncertainty in the world and it can feel hard to confidently lead your small business when the path ahead is unclear. Today we're joined by Jim Mills, the managing director of Merit Planning Hills, to look at some strategies to help guide businesses during difficult times. Jim looks at some of the factors that affect businesses, including: We uncover strategies that businesses can use at any point to offer greater clarity and increase chances of success, including: Jim also reminds business owners to think outside of the day-to-day success of their business and look at accumulating personal wealth throughout their time of running a business. This is key to enjoying the fruits of your labour during retirement. Jim Mills is the Principle Advisor and Managing Director of Merit Planning Hills Pty Ltd, established in 2008. The Merit Planning team are financial strategy and wealth advisors, with a focus on working with small to medium business owners. They are passionate about ensuring Australian business owners see the benefit of their hard work in the form of significant personal wealth accumulation. In this ever changing economic and legislative landscape it is important to have a partner with a focus on active strategies that align with your strategic goals - both from a business and personal perspective. Jim is well known across the financial service industry with over 29 years experience, previously holding executive positions in large financial institutions. He is backed by a team of qualified advisors and outstanding service personnel focussed on seeing Australian businesses thrive. Jim holds a Bachelor of Business, Diploma of Financial Planning - RG146, Stock Broking, Estate Planning, SMSF specialist & Tax Financial Planning qualified. www.meritfp.com.au Jim's LinkedIn https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

As a small business owner, do you fall back on your business credit card for everything? While using these credit cards is very popular, it's important to recognise when there are better solutions. We are joined by Jason Smith (Capital Plus Finance) for a frank discussion on how credit cards can be misused by businesses, plus learn about some useful options for your funding needs such as non-bank business loans and overdrafts. Jason will also share key points in selecting a lender for your business funding. Jason Smith has a passion for business, which started for him at the tender age of 24, when he bought his first business, a real estate franchise with a business partner. Selling the business 9 years later, Jason founded a Debtor Finance company (CashFlow Advantage) and discovered his love of finance and assisting small business owners with their cash flow. After successfully selling his debtor finance company to a publicly listed company in 2016, Jason took a well-deserved sabbatical to recharge and explore new interests. This break only fuelled his entrepreneurial spirit, leading him to found Capital Plus Finance, an asset finance broking firm in March 2018. Leading a team of 10, Jason and his team are committed to exceptional customer service, ensuring a smooth and successful journey for every client. Jason's LinkedIn https://capitalplusfinance.com.au/ https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

Does your business struggle with a constant turnover in employees? This is an issue for many businesses and the cost of hiring and onboarding new employees is high. Or perhaps you have some amazing employees and you want to learn more about how to retain them? We are joined by Paul Cripps from PK People Solutions to look at these issues and more. Paul highlights some of the Key Takeaways from the 2024 HR Industry Benchmark Report. This latest report published by ELMO highlights the emerging and alarming trends, challenges, and opportunities in the realm of human resources. Paul also shares effective strategies for you to develop high levels of employee engagement, satisfaction, and retention. Some examples of how to do this are as follows: Key points for employers: Paul Cripps, founder of PK People Solutions, provides operational and strategic HR solutions in collaboration with business leaders and key stakeholders He helps businesses to align the activity of their workforce to the business strategy to improve performance and profitability Paul is a licensed member of the HR Coach Network – the largest independent HR Coaching Network in Australia. His HR corporate career has spanned over 20 years (in Australia and the UK) for QBE Insurance, GE, Allianz, Willis Towers Watson and BNY Mellon. Contact Paul Cripps at paul@pkpeoplesolutions.com.au https://www.pkpeoplesolutions.com.au/ https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

In this episode we'll be exploring the transformative power of Three-Way Forecasting and how it can revolutionize your approach to financial planning and decision-making. Understanding Three-Way Forecasting: Advantages for Small Businesses: Forecasting is an essential tool for business owners who want to gain a clear picture of what is happening in their business. It helps with planning and allows you to be financially prepared for the highs and lows of running a business. Learn about the tools and resources available to simplify the forecasting process, and understand the importance of regular reviews and updates. By embracing Three-Way Forecasting and integrating it into your business strategy, you can unlock new opportunities and navigate challenges with confidence. Connect with us on social media and share your thoughts on today's episode. We love hearing from our listeners! Paul Sweeney Chartered Accountant & Business Advisor, launched Pretium Solutions after a long and successful career in accounting and business advisory. Paul credits his passion for small business with growing up in country NSW, where family-run businesses were the cornerstone of everyday life. For Paul, the driving force behind The Business Behind Your Business was to make high end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business. Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters. www.pretiumsolutions.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

If you watched our last episode, you will have learned that it is never too late to make a business plan. You can also download our Simple Business Plan Template to get started. In this episode, we look at some of the common mistakes business owners make when creating and using business plans. So look out for these 5 common business plan fails: Paul Sweeney Chartered Accountant & Business Advisor, launched Pretium Solutions after a long and successful career in accounting and business advisory. Paul credits his passion for small business with growing up in country NSW, where family-run businesses were the cornerstone of everyday life. For Paul, the driving force behind The Business Behind Your Business was to make high end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business. Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters. www.pretiumsolutions.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

What are your business and personal goals for the year? What plans have you made? How will you implement these plans? How will you assess if your goals are being met? If these questions leave you feeling overwhelmed, never fear! It's NEVER too late to make a business plan. Find out the benefits of making a business plan, plus some simple tips to get you started. Download our Simple Business Plan Template to get started. Paul Sweeney Chartered Accountant & Business Advisor, launched Pretium Solutions after a long and successful career in accounting and business advisory. Paul credits his passion for small business with growing up in country NSW, where family-run businesses were the cornerstone of everyday life. For Paul, the driving force behind The Business Behind Your Business was to make high end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business. Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters. www.pretiumsolutions.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

The 2023 calendar year has drawn to a close. For many, it was still a year of hangover effects from covid and poorer economic conditions. For many others, it was a year of substantial growth and increased profits. So what set those businesses apart? In this episode, our host Paul Sweeney reflects on some of the key takeaways from conversations with our guests and business owners. From all of the team at The Business Behind Your Business, wishing you a safe holiday season and a prosperous 2024. Paul Sweeney Chartered Accountant & Business Advisor, launched Pretium Solutions after a long and successful career in accounting and business advisory. Paul credits his passion for small business with growing up in country NSW, where family-run businesses were the cornerstone of everyday life. For Paul, the driving force behind The Business Behind Your Business was to make high end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business. Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters. www.pretiumsolutions.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

What do you need to consider when choosing an accountant for your business? It's an important decision - getting the right accountant for your needs can help you build a profitable and healthy business. Here are some key factors to consider: Benefits of using an accountant: Useful links for when you are choosing an accountant for your business: Search for your accountant and check their qualifications here - Tax Practitioners Board https://www.tpb.gov.au/home Blogs on choosing an accountant Do you have the right accountant for your business?Is your business missing out by not using an accountant?What do you need to consider when choosing an accountant? Paul Sweeney Chartered Accountant & Business Advisor, launched Pretium Solutions after a long and successful career in accounting and business advisory. Paul credits his passion for small business with growing up in country NSW, where family-run businesses were the cornerstone of everyday life. For Paul, the driving force behind The Business Behind Your Business was to make high end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business. Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters. www.pretiumsolutions.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

One of the accepted risks of running a business is being audited by the tax department. Nowadays, there are multiple government agencies that you and your business may need to deal with, apart from just the Australian Tax Office and possible income tax audits. With increased data sharing between government organisations, it has become much more common to have audit activity triggered for things like payroll tax issues or not paying superannuation to employees. To help us understand what is happening with audits, and how you can best prepare for them, we are joined by Rod Spicer from Accountancy Insurance. We'll also learn about their Audit Shield service, a useful safeguard against the financial implications of an ATO audit. If you would like more information on Audit Shield and how it can safeguard your financial well-being, contact Pretium Solutions at info@pretiumsolutions.com.au Rod Spicer is a qualified Chartered Accountant with more than 30 years’ experience in the accounting profession. He has held various roles senior management and Associate Director positions at an international accounting network. Rod has worked at Accountancy Insurance since 2013 and is the Associate Director of Claims and Underwriting. In this role, Rod is responsible for the operations of the Claims Department, policy wording development and the management of large and complex claims. Rod can be contacted on rod@accountancyinsurance.com.au or by calling 1300 797 231. https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

What can you do to give yourself the best chance of success in your business? Following on from our last episode on business health checks, Paul Sweeney shares the 7 steps you need to take to create some positive changes in your business. What kinds of outcomes can you expect? Your business will be more profitable, you'll be less stressed, and you'll feel more in control. It's very normal for small business owners to get caught up in the day-to-day tasks and to lose sight of the bigger picture. But take a moment and think about this: What are the consequences of doing nothing? It's time to do that business health check and plan for a better future. You'll get a free, no obligation report sent to you. It will highlight what is working well in your business, and areas that need improvement. It's a valuable jumping off point for every business. Paul Sweeney Chartered Accountant & Business Advisor, launched Pretium Solutions after a long and successful career in accounting and business advisory. Paul credits his passion for small business with growing up in country NSW, where family-run businesses were the cornerstone of everyday life. For Paul, the driving force behind The Business Behind Your Business was to make high end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business. Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters. www.pretiumsolutions.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram

In general, small businesses are not healthy. Here are some alarming statistics - Australian Small Business and Family Enterprises Ombudsman (ASBFEO) has found that 49% of small business owners make less than average wages, and two out of 5 micro and small businesses are not profitable. Interestingly, there are also businesses who are thriving in the current conditions, at the same time these other businesses are failing. And these differences can be seen within the same industries. So what can be done to make more businesses into profitable, successful ventures? If you are concerned about the health of your business, what can you do to improve it? The first step is to understand what is going on in the business and identify any problems. Seeking help from your business adviser is key. Start the process today with a Business Health Check Quiz. You'll get a free, no obligation report sent to you. It will highlight what is working well in your business, and areas that need improvement. Paul Sweeney Chartered Accountant & Business Advisor, launched Pretium Solutions after a long and successful career in accounting and business advisory. Paul credits his passion for small business with growing up in country NSW, where family-run businesses were the cornerstone of everyday life. For Paul, the driving force behind The Business Behind Your Business was to make high end, proactive, directed and value-based advisory services available to small to medium businesses. Paul brings to the table decades of experience as a highly qualified accountant and business advisor at every level of business. Through consulting, coaching and on-the-ground training and operations, his focus is on unlocking the untapped potential for greater profitability. Paul’s qualifications allow him to pair strategic advice with an advanced understanding of taxation and compliance matters. www.pretiumsolutions.com.au https://thebusinessbehindyourbusiness.com/ Connect with us: Facebook LinkedIn Twitter Instagram