McKinley Plowman

Thinking about selling your business one day? Start planning now ⏱️

Successful business sales rarely happen by accident. 🚀

Many business owners believe selling starts when they find a buyer. In reality, the highest-value businesses are often those that have spent years preparing for the transition.

The latest article from Senior Business Services Manager Alex Tonon explores:
• Why preparation can significantly influence business value
• The financial and operational improvements buyers look for
• How reducing owner dependence builds confidence
• Why professional advice should begin years before a sale

Whether your exit is two years away or ten, taking action today can help maximise the value of everything you've worked so hard to build: https://bit.ly/3Re9mvC

🚀 You're a business owner with a drive to innovate, but you're worried about cash flow as you develop new products, improve processes or bringing new products to market - is there any way around it?

Innovation is essential for business growth, but maintaining healthy cash flow throughout the development journey can be challenging.

🗞️ Our latest article from Head of Tax Dean Birch explores how, with the proper planning and advice, R&D Tax Incentives can support innovative businesses by strengthening cash flow, complementing grants and investment, and funding ongoing growth.

👓 Read on and discover how early planning can help maximise the benefits of the R&D Tax Incentive: https://bit.ly/4gwMaTT

📉 When the market looks like it's beginning to fall it can seem like a good idea to sell what you have and wait before investing again. If you're waiting your confidence to grow in the market it can lead to buying high and selling low. Panic selling and buying can lock in your losses in more.

💰 Time in the markets matter more than timing the market, and that's where a financial adviser can help. Advisers can provide discipline when making decisions, and create a well-constructed portfolio that can withstand the uncertainty of the market. And as many advisers know, long-term investors have historically been rewarded despite shocks to the market because they've stuck to their strategies.

Don't let your investments suffer ➡️ https://bit.ly/4wpmX22

🦘 Western Australia's property market continues to outperform much of the country, with strong population growth, limited housing supply and resilient business activity supporting both residential and industrial property values.

💡 Finance Director Paul Moran's latest update explores:
• Perth's latest median house and unit price data
• The impact of higher interest rates and recent Federal tax reforms
• Why WA industrial property remains one of Australia's strongest performers
• What buyers, investors and business owners should consider before making their next property decision

All that and more, right here ▶️ https://bit.ly/4uTmvbo

If you're planning a purchase or loan review, understanding today's market conditions can help you make more informed decisions.

📢 Budget Progress Report | Tax Reform Implementation for Small Business and Startups

The Government's business tax reform package continues to gather momentum.

Following the recent implementation announcements, Labor has now secured an agreement with the Greens that is expected to support the passage of much of the broader tax reform package through Parliament. While this provides greater confidence that many measures will proceed, several reforms are still subject to consultation and are not yet law.

🌟 In our first Budget Progress Report, Head of Tax Dean Birch explains:

✔ What has changed since Budget night
✔ Expanded small business CGT concessions
✔ Proposed startup tax incentives
✔ What still isn't law
✔ Practical steps business owners should consider now

Check it out here 👉 https://bit.ly/4uTmvbo

If you're planning to grow, invest or eventually exit your business, staying informed as these reforms progress is just as important as understanding the original Budget announcements. 📊