Ideas & Stories

Smart Owner Part 4: Crazy debtors

Many moons ago, we had a dispute with our (then) international association. We decided to leave them and find a new home. We eventually found that home as the Melbourne representatives of Grant Thornton (see footnote). But in the course of …
Read more

Client Spotlight: Tathra Beachside… surviving 2020!!!

Garry’s formula for success. “I am sad it’s all over” Garry said to me in 2008 after he eventually parted company with the purchaser of their previous famous resort park, Pambula Beach Holiday Hub. He and his wife Narelle had built up the …
Read more

Smart Owner Part 3: Is Stock like Money in the Bank?

Why is it that some business owners look at their Stock as though it is “money in the bank”? Why might this thinking be wrong and what can be done to fix it? What is the right amount of stock? A challenge for every business owner. How …
Read more

Smart Owner Part 2: Break-Even Point on a Napkin

Don’t be embarrassed. You are not the only business owner who does not know how to work out their Break-Even Point. Right now, it might be pretty handy to know what it is. If your sales are less than that magic break-even point, you will be …
Read more