What business advisory actually involves
Most business owners only hear from their accountant once a year, about a year that’s already finished. Compliance work, the tax returns, BAS and financial statements, is essential, but it only tells you what happened. Business advisory is about what happens next.
What an advisor actually does
Budgets and forecasts
A budget sets targets for the year: sales, margins, overheads and profit. A cash flow forecast shows whether there’ll be enough cash to pay for it all, and when. Together they turn “I hope it’s a good year” into a plan you can measure against.
Regular reporting and meetings
Monthly or quarterly management reports compared with the budget and last year, and a meeting to talk them through: what’s working, what isn’t, and what to do about it. See how to read your financial statements.
KPIs
The handful of numbers that drive your business, tracked consistently, with targets. See the KPIs that actually matter.
Pricing and profitability
Which jobs, products and customers make money, whether your prices cover your real costs, and where margin is leaking. See how do I make my quotes profitable?
Cash flow management
Debtor collection, payment terms, stock levels, finance and tax provisioning, so cash doesn’t become a crisis. See profitable but cash poor?
Big decisions
Hiring, buying equipment, opening a second location, taking on a partner, buying or selling a business. An advisor models the numbers before you commit.
Structure and tax
Whether your structure still suits the business, how to pay yourself, and planning the tax well before 30 June.
Who benefits most
- Growing businesses where decisions are getting bigger and the owner is stretched.
- Businesses with good sales but poor profit, where pricing or costs need attention.
- Businesses under cash flow pressure, or with ATO debt.
- Owners preparing to sell or hand over in the next few years.
- Owners who want to understand their numbers, not just receive them.
What a good advisory relationship looks like
- Regular, scheduled meetings, not just when there’s a problem.
- Current, accurate numbers. Advice is only as good as the bookkeeping behind it.
- Plain English. You should leave every meeting understanding where the business stands and what you’re doing next.
- Accountability. Agreed actions, followed up at the next meeting.
- One person who knows your business, rather than a different face every time.
How we do it
Every Judge business package includes a tax planning meeting before 30 June. For businesses that want more, our packages build advisory in:
- On Track ($690 + GST a month): quarterly activity statements, quarterly management reports and advisor meetings, KPI development, an annual budget and business strategy meeting, and ASIC administration.
- Growth ($1,180 + GST a month): everything in On Track, monthly, plus financial modelling and a complete business review.
See business packages. The first consultation is free.