Growth Businesses

Like any project such as getting fit or learning a hobby, there is an important framework that is followed by those who get results.

A recent report showed that in financial institutions, women are holding only 19% of senior positions, 14% of board seats, and a shocking 2% of CEO roles.

In the continued boost to small business and start-ups, new tax concessions came into effect from 1 July 2016 which are set to stimulate investment in innovative companies as part of the federal government’s “Ideas Boom” under the National Innovation and Science Agenda. 

International transfers or secondments for accountants are nothing new. But as attraction and retention of quality staff is one of the top 5 challenges of the profession, international secondments are an increasingly important component of a firm’s HR strategy.

Now could be the time for a financial reboot that is going to make the future smoother by following 3 key criteria to improve your bottom line and bank balance. Here are 3 key things for you to consider.

Prosperity Advisers proudly announces two admissions to our Shareholder group.

The Federal Treasurer wants mums and dads, small business owners, farmers and the young to “get out there and have a go” in a budget targeted at stimulating activity at the grass roots.

Prosperity Advisers salute International Women’s Day and acknowledge the tremendous contribution of our female team to the growth and success of our firm.

When defining an acquisitions strategy, smart companies always start with a fine-tuned business strategy. Once that business strategy is defined, they then look at acquisitions as a potential tactic that can help them achieve that strategy.

We are delighted to close out 2014 by announcing specialist accounting publication; Accountants Daily has named Prosperity Advisers as the winner of the Australian Accounting Awards 2014 Best Integrated Offering.

With Australia still coming to grips with this week’s terrible tragedy in Sydney and in a world littered with discontent the holiday season is a time to spend with family and friends and reflect on the abundance of riches around us. 

Most Small and Medium Enterprises (SME) have an accounting software package, engage a book-keeper to balance the books, have an accountant prepare year-end financials and tax

Under a limited set of circumstances, it is possible for SMSF members to make non-cash contributions, also known as in-specie contributions, to their funds. One way in which this can be done involves the transfer of a ‘business real property’ to an SMSF.

Business lending is shrinking as banks continue to favour home loans over business
loans in their short-term approach to capital use and returns.

A challenging economy requires careful cash management to sustain your business.

At Prosperity, through our extensive global alliances with LEA and IAPA, we are noting that foreign investment into Australia continues despite the softening economy.

Prosperity Advisers is planning for substantial growth in 2014 despite the tight economic conditions. The expected increase in operations has prompted a move recently to larger custom designed premises in Elizabeth Street.

Well maybe not Ruslan Kogan himself, however his brash approach to business and enthusiasm for challenging the status quo through leveraging the internet is being embraced by a whole new wave of entrepreneurs.

John Manuel, Director of Financial Services has recently been named as one of five national finalists in the 2013 Australian Private Banking and Wealth Awards under the category Outstanding Wealth/Investment Adviser.

Recently I had the pleasure of attending a private luncheon with Sally Pearson and what I saw was an inspiring woman who has been on an incredible journey to become the Olympic Champion she is today. Her candid and down to earth conversation with us led me to think about the ingredients of her success and how similar they are in business.

As the economic environment we operate in changes down a gear, we have seen a lot of businesses take a closer look at what they are doing and why, while others stick their heads down and pedal harder hoping things will go back to they way they were.

It takes years to build up a strong, partner-led professional firm, but many businesses can destroy this value quickly by failing to plan for the succession of senior staff.

Peter Bond, Billionaire Entrepreneur and CEO of Linc Energy joined us last month for Prosperity Advisers’ Business Leaders Dinner.

Prosperity’s Family Office has added another $150M to their fast growing pool of funds under management with the addition of a further three high net wealth investor families.