Australia is facing a shortage of skilled labour. When the supply of staff dry up the focus often turns to retention. But the first step is to understand why people you want to stay, choose to move on?
Insight’s support for Amaroo stretches from tax advice, to business strategies, and managing the company’s payroll.
The Government has stepped in to prevent a wave of insolvencies when the COVID-19 support measures run their course in December 2020.
Family companies are an Insight speciality and clients are often second and third generation family members who have taken over the reins of the family business.
Now, more than ever, business operators should have a plan in place to manage during uncertain times. Even if your business is not directly impacted, it’s likely your customers, your supply chain, and your workforce will be to some extent.
So, how do you plan for uncertainty when every assumption is subject to change?
If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. But, to what degree does the pandemic impact on value? Should you discount or hold firm to pre COVID-19 performance on the basis that ‘we’re going to come out of it eventually’?