Does your Budget Have KPI'S?

Posted by Michael Derin on 07-Jul-2017 16:21:47

 

It is that time again. Another financial year over, and a new one just begun. This is the time that many businesses set a budget for the coming financial year. But there is a key ingredient that should be used in all budgets in order for it to have the greatest chances of success and that is to have it supported by Key Performance Indicators or KPI’s.

Read More

Topics: Budget, Business Growth & Cashflow, CFO

Building Capable Finance Teams

Posted by Michael Derin on 13-Apr-2017 13:08:35

 

As your business grows so too will your finance team. In fact the latest data from the Australian Bureau of Statistics shows that there has been an increase in financial services roles across the last quarter of 2016 and the first quarter of 2017, with a steady hiring pace expected throughout the rest of the year.

Read More

Topics: Azure Group News, CFO, employee;

Why it might be time to engage a CFO

Posted by Michael Derin on 03-Dec-2015 14:18:51

There is a common misconception out there that a Chief Financial Officer (CFO) is a role only available to the large corporate. However, if you continue to hold this view you could be doing your business a critical injustice. Having the commercial guidance that a CFO can provide to get your business from where you are now to where you want to be is one of the best investments a business owner can make. Nowadays the CFO offering is incredibly flexible and affordable with options ranging from a full time CFO right through to a Virtual CFO solution.

Read More

Topics: Business Growth & Cashflow, CFO, Entrepreneur, NSW Business Chamber, SME, Tech Business

New privacy laws that business owners need to be across for 2014

Posted by Kelly Morgan on 07-Oct-2015 16:46:41

In 2013 the Privacy Commissioner conducted a survey of community attitudes towards privacy. The survey revealed Australians are becoming more concerned about privacy risks and expect companies to effectively safeguard their personal information. 96% of those who participated in the survey said they should be informed of how their information is handled and protected, and if it is lost.

Read More

Topics: CFO

Accelerating Innovation in Australia

Posted by Azure Group on 28-Apr-2014 15:16:00

A recent report released by Microsoft outlines key measures that need to be undertaken if Australia’s innovation ecosystem is to remain competitive in the international economy.

Read More

Topics: CFO, Startups

5 things to consider before buying a business

Posted by Michael Derin on 13-Feb-2014 15:10:00

It is not unusual in a business’ lifecycle to be presented with an opportunity to acquire another business. For some SME business owners, buying another business seems like a logical and effective way to encourage expansion and growth. However, before committing it is important that you speak to your trusted advisor and ensure you’re not taking a gamble and have every confidence in the strategic move.

Read More

Topics: CFO

CFO profile – Meet Adam Purss

Posted by Azure Group on 10-Jan-2014 16:05:00

Azure Group is delighted to welcome our new Virtual CFO, Adam Purss to the team. Adam is based in our Queensland office and brings a wealth of experience to the team. 

Read More

Topics: CFO

How your board can contribute to the productivity of staff and the organisation

Posted by Kelly Morgan on 23-Aug-2013 16:37:00

Why is this important?

Read More

Topics: CFO

Why I became a Virtual CFO

Posted by Anthony Harris on 20-Jun-2013 16:53:00

I was introduced to Azure Group almost four years ago, and immediately saw merit in being involved in the Azure Group virtual CFO service offering to Small and Medium Enterprise market (SMEs). I felt it was time to put my own experience and expertise out to the market as an added value to Azure Group’s clients.

Read More

Topics: CFO

How to transition from an accountant to a key advisor or CFO

Posted by Azure Group on 19-Feb-2013 16:34:00

Are you a practice accountant wanting to develop some structure with your advisory services and make that transition to a CFO? Our industry is changing and it is not good enough to only offer compliance and tax advice to our clients, we need to help them reach their business goals and achieve financial success. The Institute of Chartered Accountants Australia is hosting the upcoming Public Practitioners Conference and our Managing Director, Michael Derin, has been invited to speak on this very topic.

Read More

Topics: CFO