Is my business set up to achieve the best possible results? Will I need more cash in future (and will someone lend it to me)? Is now the time to employ some extra staff (or do we need less)? When will there be an (after tax) surplus to invest or spend? When is the right time for a new car / house / holiday? How will I (or my investors) monitor our progress against targets?
Our purpose is to support you and your Growth Phase business on the path to Attaining your life goals.
We’ll assist you in figuring out where you want to go and Planning the best path there.
We are Corporate Problem Solvers so we’ll help you deal with the inevitable obstacles along the way.
We’ll be right there with you to reduce the financial stress that all business owners feel from time to time.
Do you have the best possible support to achieve the freedom you deserve?
How we help our clients
To the trained professional, your business data presents a treasure trove of stories (borne out through results, patterns & trends) that not only show your current profitability and cash position but also provide an invaluable basis for predicting your financial future.
In simple terms, managing your cash flow goes something like this:
Establish your cashflow forecast
Monitor your progress against
Repay debt, invest or save
Establishing a 3-way Cashflow Forecast (P&L, Balance Sheet & Cashflow) that integrates seamlessly with your Xero data ensures that your forecasts, KPI dashboards, alerts & reports are real-time making it possible for an accurate prediction of where your business is going to be in the future.
Measuring performance against quantifiable targets illustrates how well you’re performing against your operational and long-term goals. Comparing results to targeted KPIs makes measuring the success of your business and measuring your progress towards your goals and business success achievable.
Modelling your business’ possible futures allows you to plan for both the best and worst case scenarios (so that you’re prepared for anything). Knowing the possible outcomes reduces stress and anxiety. It also allows you to plan for the good stuff! So what are you waiting for?
Establish your cashflow forecast
Establishing a 3-way Cashflow Forecast (P&L, Balance Sheet & Cashflow) that integrates seamlessly with your Xero data ensures that your forecasts, KPI dashboards, alerts & reports are real-time making it possible for an accurate prediction of where your business is going to be in the future.
Monitor your progress against
Measuring performance against quantifiable targets illustrates how well you’re performing against your operational and long-term goals. Comparing results to targeted KPIs makes measuring the success of your business and progress towards your goals achievable.
Repay debt, invest or save
Modelling your business’ possible futures allows you to plan for both the best and worst case scenarios (so that you’re prepared for anything). Knowing the possible outcomes reduces stress and anxiety. It also allows you to plan for the good stuff! So what are you waiting for?
7 reasons that cashflow is crucial
1. Cashflow provides liquidity & stability
If you sell something on credit you may have made a profit, but until you are paid you have no cash. If in the meantime you need to pay your suppliers, you will have no cash to do so. Good cashflow means that you can pay suppliers when required. Being put on hold can cause expensive business disruption (if you don’t have the supplies to get the job done).
2. Cashflow is a difficult metric to manipulate
Investors will tend to analyse cashflow closely before investing in a business because it’s very difficult to manipulate. It’s generally seen as a more reliable way of determining the strength of a business than (accounting) Profit. Accountants can calculate Profit in any number of ways to arrive at a desired result.
3. Investors will focus on cashflow to determine value
If you need capital (or are looking to sell), it’s important to note that analysts and potential investors will focus on operating cashflow (not just profit) to determine how well a business can support itself and its potential to grow. Cashflow forecasts should include the need for future capital investment to support business plans.
4. Bad cashflow affects credit ratings, loan availability and interest rates
Bad cashflow can make it difficult to obtain Finance as a lender will focus on your ability to repay the loan. Even if you manage to have a loan approved, your interest rate could be high because your business is perceived to be a high risk. Repaymnet periods could be quicker meaning less surplus cash!
5. Good cashflow means minimising debt
If your business has good cash flow, you are less likely to need to take on debt in the form of loans. This makes business less risky and also improves profit (as Interest does not need to be paid). Less debt can also mean less stress (lower commitments and less bank interactions!).
6. Strong cashflow allows proactive business management
Having cash available creates opportunity for the business to invest in R&D, Staff Training, Marketing and Capital Assets. Proactive business management is therefore more likely to lead to business growth and improved Profitability (and potential value).
7. Good cashflow management can mean a healthy business future
Business cashflow dictates what is available for the business owner to use in any number of ways. A cash surplus may be reinvested in business assets, used to pay Debt or drawn from the business (as Dividends for personal uses – cars, boats & holidays!)
Services Supporting your Success
Strategy, Planning & Implementation
We appreciate that your business goals must be aligned with your personal aspirations, so our approach is based on establishing a thorough understanding of where you want to be. It's only then that we may advise and guide you on strategies to assist you in getting there.
Amongst the flexible services on offer we may assist you with:
- Planning and Profit Growth Strategies
- Budget & Cash Flow Forecast preparation
- Business Structures & Restructures
- Capital Raising & Finance Applications
- Valuations, Acquisitions & Due Diligence
- Capital Investment Analysis
Real-time Cashflow Management
Monitoring your business performance on a regular basis allows you to make decisions about your future, fast. We help you to make your Accounting data work harder for you (and interpret the results) so that you may make better decisions for your future. The more we work with you the stronger our working relationship becomes and the more we can help:
We offer a range of flexible ongoing support services. An example of one service package is as follows:
- Monthly Management Report preparation
- Monthly Financial Management Meetings
- Analysis & Interpretation of Financial & non-Financial KPI Reports
- Implementation assistance and advice
- Strategic accountability support
- Advice regarding Tactical and / or Strategic changes required
Accounting & Taxation
We are a boutique Chartered Accountancy & Taxation practice employing a unique approach to traditional services. Taxation and Accounting are critical components of what is a much larger and more complex suite of business requirements. We will work with your team to have all bases covered. We are big on technology and automation so we make the boring stuff simple:
Our clients benefit from our Fixed Price Agreements to smooth out compliance costs across a range of the usual Accounting & Taxation services:
- Financial Report Preparation (Accounting)
- Taxation Return Preparation
- Bookkeeping & Payroll
- Self Managed Superannuation Fund Services
- Corporate Compliance Services
- GST & BAS Return Services
Business Enablement
There is a seemingly endless market of digital tools available these days to streamline business activities and provide the information required for efficient & effective business management. Whatever your business needs, we can assist with design and implemtation of the best solutions leveraging best-of-breed software applications (across CRM, Point of Sale, Accounting & Bookkeeping, Practice Management, Inventory Management, Rostering & Human Resources, Business Intelligence):
We assist our clients with application selection and implementation along with the design and implementation of accompanying business processes:
- App Selection and Integration
- Digital Records Management
- Mobility Enablement
- Business Process Automation
- Business Systems Implementation
- Support with E-Commerce
Meet our Director - Shane Ryan
Shane's "why?" is to provide an enjoyable & rewarding lifestyle for his family, one that blurs the lines between work and play and allows him to interact with (and learn from) fun and inspiring people, every day. His philosophy is that a family business is the key driver to wealth creation and achieving one's life goals. Helping his clients articulate those goals and develop and implement strategies to achieve them (using the family business) is what sets Ryan Financial apart from the average accounting practice.
