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Budgets and Cash Flow Forecasts Help!

Budgets and Cash Flow Forecasts Help!

Issue 017

Budgets and Cash Flow Forecasts are an intricate part of a sound financial system for every company, business and organisation.  Directors of SME companies and committee members of not-for-profit, charities, sporting and social organisations should have an understanding of the budgeting and cash flow forecast systems that are being utilised in their respective organisations. Budgets...
What 3 things Do You Need to Nail This Quarter

What 3 things Do You Need to Nail This Quarter

Issue 016

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. Directors of SME companies, business operators, committee members of not-for-profits, charities sporting and social organisations need to be able to write these three things down. Have you formulated your plan for the next three months?  If not, let me help you. Could...
Future Proofing is Vital for SME Company Directors

Future Proofing is Vital for SME Company Directors

Issue 015

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. Creating “future proofing” for a SME company and not-for-profits, charities, sporting and social organisations is an important issue for directors of SME companies and committee members of organisations.  ESS Small Business’ “Corporate Governance Network” is...
Australian Government Grant Awareness Important for Directors
Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. There are hundreds of government grants for small business provided by the Australian, State and Territory governments.  Company directors and officers need an awareness of the availability of these grants to assist small business – companies, trusts, individuals and...
Understanding Directors’ Duties Is Important

Understanding Directors’ Duties Is Important

Issue 013

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. The Corporate Governance Network, being presented by ESS Small Business, will give SME company directors and committee members of not-for-profits, charities, sporting and social organisations the opportunity to listen to commentary presented by a panel of experts relative to...
Directors Need Leadership Awareness

Directors Need Leadership Awareness

Issue 012

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. Directors/committee members need an understanding of the strategic planning process that will assist the development of their company/organisation.  Few directors are able to make the journey from an SME company director to chairman of a listed public company. We invited...
A Sale is not Completed Until You Are Paid

A Sale is not Completed Until You Are Paid

This Requires Good Debtors' Management (Issue 011)

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. Company directors and committee members of organisations have a clear responsibility to protect their company’s/organisation’s assets.  For many companies/organisations, debtors are a large asset. The “management of debtors” is a key area for directors/committee...
Nothing Happens Until a Sale is Made

Nothing Happens Until a Sale is Made

Issue 10

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. “Nothing happens until a sale is made” - this is a very true statement which, unfortunately, many company directors and business operators have not fully appreciated. Company directors have a responsibility to ensure that a proactive selling system has been implemented...
Directors Have Human Resources Responsibilities

Directors Have Human Resources Responsibilities

Issue 009

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. An awareness of human resources laws and best practices is an important component of a company director’s and committee member’s knowledge base. Whilst it is true that directors should authorise a company’s human resources system and that it is management’s role to...
Understanding “Business” is Corporate Governance

Understanding “Business” is Corporate Governance

Issue 008

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. Directors of small/medium enterprise companies, committee members of not-for-profits, charities and sporting organisations need an overall understanding of “business” to carry out their duties. An understanding of “business” is what “corporate governance” relates...
SMEs Update

SMEs Update

Issue 007

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. Today we’re going to look at the Research and Development Tax Rebates and the Export Market Development Grant. Research and Development Research and Development Tax Rebates are only available for companies.  If you’re undertaking research and development, and not...
Leadership - Are You Recognised As The Leader

Leadership - Are You Recognised As The Leader

Issue 006

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. Good leadership is needed in every type of business, whether it’s a sole trader, partnership, trust or company, with a turnover of any level, or your entity is a not-for-profit, charity or sporting organisation. Leadership is required irrespective of the type or size of the...
Lift Off for Corporate Governance Network

Lift Off for Corporate Governance Network

CORPORATE GOVERNANCE NEWS: Issue 7 of 7

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. Directors and committee members of charities, not-for-profits and sporting organisations need to be aware of the legislation that applies to either companies or not-for-profit type organisations.  What is the best practise?  What are the ethics of running businesses...
The Buck Finishes Here

The Buck Finishes Here

CORPORATE GOVERNANCE NEWS: Issue 6 of 7

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. Revelations from the Banking Royal Commission have highlighted that directors have a responsibility to: develop policies and strategies for their company; and make sufficient enquiries to satisfy themselves that management and the team have appropriately implemented...
Directors You Need to Monitor Trends

Directors You Need to Monitor Trends

CORPORATE GOVERNANCE NEWS: Issue 5 of 7

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. Directors and committee members determine policies for companies and not-for-profits, charities or sporting organisations.  A key role of the board or the committee is then to determine the type of skills that the chief executive officer, general manager, manager or...
People Issues for Directors & Committee Members

People Issues for Directors & Committee Members

CORPORATE GOVERNANCE NEWS: Issue 4 of 7

Hello, I’m Peter Towers, Managing Director of ESS Small Business and ESS BIZTOOLS.  Welcome to Empowering SMEs. This series of articles is part of the Corporate Governance Network and today’s subject is “People Issues with Directors and Committee Members”. Company directors, committee members for not-for-profits, charities and sporting organisations have a very important...

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