In the beginning
When Ben first spoke with Saywells about his business it was clear that he would really benefit from our FAB-5 Business Framework.
Ben’s Antenna Specialist business had been operating for a few years, his service was valued and he had many satisfied clients. The business grew and he had even put on a couple of staff. However, he never felt he was on top of everything and his finances always seemed to be a little out of control.
Straightening things out
We worked closely with Ben and applied our FAB-5 Framework to provide an effective and straight forward approach to business financial management.
First, we focused on Profitability… for all the effort he was putting in, Ben deserved to get a good return that would support his family and enable him to plan and support his future. We identified a number of key profit matters and implemented plans that would improve his bottom line.
Next, we tackled Ben’s Cashflow. Our forecasting tools gave Ben financial insight that enable him to better manage his income and expenses, and importantly, the timing of them so that his bank balance wouldn’t be so up and down.
Of course, profitable businesses need to pay tax. The third element of our FAB-5 is Tax Minimisation. In addition to preparing Ben’s tax returns we helped him to plan his tax in advance so he could take advantage of tax deductions and other options that would mean he would meet his tax obligation, but no more.
Like many small business owners, Ben struggles with Financial Housekeeping. After tidying up his books we set him up with easy to use, cloud based bookkeeping software. This has saved Ben a lot of time and effort. Then at BAS time, we log in and check his figures to ensure his reporting is correct. This organised approach
also ensures there are no unexpected surprises at the end of the financial year when we prepare his annual returns.
From our very first meeting we talked to Ben about Future Developments. Where he is now and where he wants to go with his business and importantly, his life. Our goal is to help Ben to achieve business success, and as a result, enjoy prosperity and the lifestyle of his choosing. We have worked with him to identify the steps necessary for him to achieve those outcomes.
Peace of mind
We’ve been working with Ben for several years now and he says he’s never felt better about his business.
Our ongoing financial assistance and support gives Ben the peace of mind that comes with knowing things are under control. This frees him up, so he can get back to work looking after his growing customer base and in his time off, enjoy his family and not be bogged down in bookwork.
“I am so grateful to Saywells for all that they do for me. I rest easy knowing they’ve got my back, my books are in order and my business is thriving. Their FAB-5 Framework has really helped highlight what I need to work on and keeps our focus on where we’re going.”