Do You Want Some Warm & Fuzzies?

Clear Vision in conjunction with Lifeline Toowoomba are raising money for a local Toowoomba family with their Back To School Supplies for 2016.

This local family have five children ranging from Year 12 to Prep and with the father severely injuring his arm and being unable to work life has gotten tough. Back to School time is expensive and with 5 school aged children the costs can easily run past $1000 when you start adding in shoes, uniforms, text books and backpacks.

We are asking our clients to create some “warm & fuzzy feelings” by helping us raise money for this family. You may notice at the bottom of our invoices is a new donation section, simply tick the box and write the amount you would like to help with.

Alternatively come and see Melissa at Reception for over the counter donations, or call us if you can help in other ways. We would love to hear from you!

Gossip…

Paul has recently come back from another holiday….. this man has more holidays than Tony Abbott is about to have! This time he went to Daydream Island with his family…lots of pool time and cocktails!

Justin went on the train to Spring Bluff for the Carnival of Flowers with his family. The gardens at Spring Bluff are looking amazing as usual and the tunnels provided lots of screaming entertainment for the kids!

Office of State Revenue Website Changes

The Office of State Revenue website has closed but the content can now be found on the Qld Government website. This move is to provide a one-stop shop for all government agencies.
All bookmarks to the OSR website you may already have saved will still redirect to the new web page, however if you wish to save the new website address below is the new link:
www.qld.gov.au/payrolltax. The new link for the Qld Land Tax to bookmark if used regularly is below:www.qld.gov.au/landtax
Financial Performance
As accountants and business advisors we often get asked by business owners how often they should be reviewing their financial performance.

While the answer will always be unique to the individual and business involved there is one thing we know for sure. Whether you spend a little time or a lot of time reviewing your financial performance you will always be better off than the business owner who does nothing!

Many business owners miss the opportunity for ongoing business improvement by failing to consider their financial performance other than at tax time.

That’s why Clear Vision has developed a dedicated, multi-level Financial Performance Monitoring Program to assist its business clients.

Drawing on your financial data, our business and accounting expertise and your knowledge of your business we offer three levels of performance monitoring and recommendations including:
1. Monthly Online/Email Review
2. Quarterly Face to Face
3. Monthly Face to Face
Contact Justin Searle to discuss which Financial Performance Monitoring level best suits your business.
Are You Managing Your Stock?

Anyone with stock in their business knows it’s a cash killer and also knows it’s critical to making money. Quite often it’s the biggest asset in the business and quite often it’s the hardest asset to sell when it’s time to sell the business. What are the issues?

Quite simply stock needs to managed. It’s the biggest asset in a business and when asked, under 5% of business have a formal stock management process. Biggest asset, biggest cash killer, no management =/ robust business practices. By working with Clear Vision Accountancy Group, we can help you develop and put in place an effective Stock Management Process. As part of this process, we can put in place Key Performance Indicators that allows you to manage your stock on a weekly basis (depending on your needs – sometimes monthly is more appropriate). The best part is, you take action much more quickly when business isn’t as effective as expected – that helps cashflow.

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