Watson Corporate Services
Chartered Accountants in Orange, NSW and Norwest.
After 40 years in the industry, May Edwards wanted to sell her small business and transition into retirement. She was a widow with no family available to support her with this transition. She had no clear plan and limited documentation to demonstrate the value of her business and its growth potential. Problem Her problem was… Read More
Selling a business at the right price and terms often takes a year or more. Owners who desire to sell their businesses should begin to maximise the value of their business at least two and preferably three or four years prior to the sale. There are a number of methods to increase value within this… Read More
Blueberry Trailers was established by Jack Jones in 1970. Since its humble beginnings as a husband-and-wife-based business, the company has grown to manage 30 team members across two factories and build approximately 50 custom trailers per year.
That said, along the way it has had its struggles… Read More
“What’s the difference between water and steam? At 99 degrees water is merely hot, at 100 degrees it turns to steam and can move locomotives. Just one degree—a one per cent change—makes the difference.” This is a great metaphor for business. It is always the little things, the small improvements that get the big… Read More
Mary runs a small digital marketing agency with a small team, serving business clients seeking to optimise their potential customers’ experience in interacting with their websites and social media platforms. As the business started to grow, Mary had neglected the financial aspect of her business and found that although sales were increasing, profitability was not.… Read More
There are only four ways to grow a business: Increase the number of customers Get them coming back more often Increase the average spend Improve the effectiveness of every business process A local art gallery worked with their accountant to improve profitability significantly by running a series of quarterly themes through the year. Before each… Read More
Most businesses are built by default – not by design. Very few businesses start ‘with the end in mind’ and design it from the ground up. Most businesses grow by default with people, systems, culture, clients, numbers, habits and attitudes. If you take a good hard look at your business today, is it exactly what… Read More
