Medium-sized businesses grow faster, last longer and contribute more to the economy than start-ups. But while these bigger businesses have bigger opportunities, they can also face bigger barriers to success. Strategic accountant, succession planner and host Craig West speaks to experts in time management, cashflow, digital technology, sales growth, financial wealth, succession and more, to find out how you can overcome these challenges and give you insights and knowledge on how to grow your business to the next level.
Amreeta Abbott started her career as an Accountant and Financial Advisor back in 2004, when technology solutions were rare, slow, and frustrating. She quickly realised her clients wanted to focus on flexibility and the ability to control their investments, and that technology to support this was underserved. So, when she started her own practice in 2005, she specialised and founded SMSF Strategies, with the vision to use technology to address the traditional friction points within the SMSF. Historically, manual processing made giving and implementing advice slow and expensive, and Amreeta sought to provide better solutions. This transitioned into a documentation process using world class technology and was further broadened to create Now Infinity – which was acquired by an ASX Listed Company in 2020 for $25 million. Amreeta discusses this exit strategy in detail, underlining the emotional struggle and process involved when selling your business.
Over the past 15 years, we have witnessed a rise in demand for tech-savvy accountants. Amreeta stresses how the methodology of valuing a business has drastically changed, with a constantly evolving range of tools and visibility now available. Her latest business venture, Annature, was built in mind for partners requiring an e-signing solution - such as real-estate agents & Xero. Released in July 2020, Annature quickly became Australia’s leading digital signature provider, purpose built for all industries. Annature saw huge success during Melbourne’s second lockdown last year, as companies which had never considered e-signatures as an option scrambled to adopt such technology.
21 Jul 2021
Modernising Data Infrastructure for the Mid-market
The co-founders of Polyture, Jared Zhao and Kyle Foley join this week’s episode. Polyture is the first fully-featured, easy to use data infrastructure platform specifically designed for the mid-market, facilitating the company to become a modern, data driven enterprise. Aiming to modernise mid-market companies and empower small teams within large enterprises, Polyture took similar software that top end companies the likes of Facebook and Google use, and adapted the tools and platform to cater the mid-market. These features include visibility into accounting, CRMs, VRPs and measuring the performance of different initiatives that are taken within the business.
Kyle and Jared identified the reoccurring issue mid-market businesses were consistently facing: an overwhelming amount of data, with no structural organisation or system to sort and refine such masses of information. Recognising the mid-market being underserved with current data solutions, Polyture was founded to be used by those with average data skills and no data-science programming background to integrate masses of information from all systems, with features such as integration, real-time data timelines, insights and forecasts -the applications of Polyture are endless.
17 May 2021
Stressing the need to critique and elevate communication to target markets
CEO and Founder of Appellon Sue Jauncey joins this week’s episode. Not only did Sue grow her company from a small boutique consulting business to a global organisation, but she also has a fascinating career history, working as a forensic Psychologist across the Australian Prison system. Sue gained a deep understanding of human behaviour, and her 25-year experience measuring behavioural and performance outputs has earned her great recognition. Sue has worked with global institutes such as the Royal Australian Navy, Northern Territory Health and The National Health Service, England. She is passionate about supporting individuals who want to live better, healthier, wiser lives and organisations who seek to promote collective achievement, connection and performance innovation.
Sue reflects on the ongoing rise in stress and anxiety in the workforce we have witnessed over the past 20 years. Promoting the need to address this increase as mental health becomes a more prominent topic, especially with the effects of COVID-19 - which has accelerated this discussion. With so many working from home, we are going to see a welcomed hybrid model of the way we work together – however Sue stresses the importance of understanding the science around what constitutes a healthy, productive workforce.
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