Abound consulting is designed to help improve your business.
When we look at your firm’s numbers, what we really see is your firm’s future. What vision do you have for your firm?
Half of your firm’s income walks out the door at the end of the day. But our Virtual CFO opens the door to greater efficiency. You have a CFO, or maybe you don’t. Either way, the Abound Virtual CFO service is precisely what you need to measurably increase your firm’s efficiency, profits and sustainable growth paths.
We can help you align your values and culture with the direction and shaping of the decision-making processes within the firm.
Performance and evaluation
All firms value a transparent approach to evaluation methods. Abound provides a consistent and clear approach to performance assessments linked to future remuneration.
Without excellent people, pushing for positive movement and enhancement, firms run the risk of becoming stagnant and left behind the competition. Our team understands the importance and the costs associated with recruiting the right person for your firm.
Achieving optimal function within the support services group is critical to the ongoing success of your business. We help you invest in best practices and seek excellence.
Mergers and acquisitions
Are you looking to sell your business and move on? Or are you looking to purchase a business? In either event, an accurate and detailed valuation can provide peace of mind in the decision making process. Abound specialises in small to medium-market valuations. We believe strongly in the integrity of our procedures and methodology, and guarantee their adherence to industry guidelines. An accurate business valuation requires a detailed consideration of many factors. Our rigorous procedures take into account variables including:
- valuation methodologies
- key drivers of business value
- financial forecasts/business plans
- integrity of the underlying data
- market analysis
- taxation implications
- timing and stage of business growth
- business operations and structure.
Ready to buy?
If you are about to buy a business, we safeguard your investment by helping you with due diligence services and preparing financial forecasts for the company, as well as giving advice on financing. We can review the current business plan and look for opportunities for improvement, including the marketing plan. We examine the cashflow and budgetary position and staff engagement issues.
Mergers are exciting and sometimes quite challenging. Our solid experience can ensure you are aware of what to expect going ahead.
Ready to sell
There are many things to consider when selling. How to pitch, prepare and price your business for the outcomes you need. Our skill and experience ensure that you are in a safe pair of hands throughout the process. We work closely with you to take your business to market and obtain comparative results and establish a considered share price.
Whether buying or selling, Abound will help to review your goals and objectives and aid in the preparation of a business plan. We will also guide you through the negotiation of the sale and assist in the drafting of contracts.
We work closely with business owners and management to ensure that you know how well your business is performing. We do this by conducting a Business Health Check that will focus on key areas to improve your competitive advantage and profitability.
We will develop reports on all the vital aspects of your business so you know where you stand and can make decisions quickly. These reports are tailored to your organisation’s KPIs, allowing you to easily keep track of the improvements you make with the help of our professional consultants.
In our experience, the key issues that most businesses need to focus on include:
- effective budgetary and cash flow processes
- stock turnover and inventory assessment
- receiving payment for invoices and managing outstanding debtors
- completion of tasks and implementation
Board meetings – a seat at the table
We ensure that your board meetings are properly conducted and recorded. Given the demands of running a business, it’s all too easy to get lost in the many complex issues that arise and to lose sight of the bigger picture. We can be another voice at your meetings, offering another perspective that can provide insight into market issues and other consequences. We help you to work on your business as well as in it.
Contact us today for expert business financial solutions. We are also a team of expert tax agents and accountants in Melbourne and Ascot Vale.