RSM Australia

Profit and growth improvement

You’re in business for many reasons. Profit must be on that list, if not at number one, then as a natural consequence of your greater business purpose.

Unless you’re a charity or NGO, business without profit isn’t a business.

Profit comes from many sources - not just revenue, but managing overheads, expenses, input costs, people and products. Profit can be found in every aspect of your business, and a thorough exploration and fine tuning of all these elements can yield amazing dividends.

A strategy for a large company can differ vastly from a small, and while similar principles are at play, increasing profit is far from a cut and paste exercise. It comes from a thorough understanding of your business and the environment it operates in.

Profit isn’t just a figure, it’s a culture. So while we can help the bottom line, we’re also here to help you manage the intangibles that contribute to a profitable business in every sense.profit and growth improvement

Profit and growth may seem like two sides of a coin, but they aren’t always connected. You can achieve massive growth and not see it appear on the bottom line. Too much growth can be as much an issue as too little. Not being able to deliver due to stretched systems and resources is as much a hurdle as no growth at all.

What’s the right amount of growth? What segments, products, territories are going to yield the best results for effort? We can help you with these and many more questions to ensure your growth strategy is focussed and you achieve the best outcome for your effort.

Growth isn’t just about more products or markets. We’ve helped charities provide more services for the same budget. Helped small businesses grow the free time the owners so desperately needed, and helped grow brands’ reputations as well as sales.

Find your top 3 areas of business improvement

Growth and Profit Diagnostic Tool

The future of general practice: cash flow, growth and innovation

The future of general practice is truly at a crossroads, with many challenges but also a range of opportunities.
19 October 2018

Set your child care centre up for success by managing cash flow

One of the most common questions that an accountant is asked from the child care sector  is, 'So I made $150,000 last year; why don't I have another $150,000 in my bank account?' The answer is negative cash flow... 
8 February 2017
Take our 2017 thinkBIG survey

Take our 2017 thinkBIG survey

Be part of our2017 thinkBIG report
8 February 2017

Liquidity a problem? Give your business a health check

Check the financial health of your business with a Liquidity Health Check!
11 January 2017

How healthy is your medical practice?

“There are two certainties – death and taxes. As a medical practitioner you help your patients delay one of these. As accountants, we can help you manage the other. ”
16 November 2016

thinkBIG 2016

get thinkbig 2016 full Report Insights into the challenges and opportunities facing Australian SMEs
3 June 2016

Are you market intelligent?

The foundation of any successful business strategy is market intelligence. Being informed means you can make competent decisions about your business’s direction and have the foresight to predict and be prepared for the challenges ahead.
31 May 2016

Budget 2016 for SMEs

Key announcements Increase in small business entity turnover threshold from $2 million to $10 million; Increase the unincorporated small business tax discount; Amendment to Division 7A to allow self-correction for inadvertent breaches.
3 May 2016

Pages

Key contact

Dace Harris - National head of Business Advisory

Dace Harris
National Head of Business Advisory

T: +61 2 8226 4500
E: dace.harris@rsm.com.au 


Business Advisory Tools

Growth & Profit diagnostic