The Holistic Accountant
A holistic accountant goes beyond tax returns, aiming to offer proactive advice to maximise clients' wealth after all taxes. Stuart Wemyss and Mena Abraham explore multifaceted considerations weekly, highlighting the need for a holistic approach. Each episode is succinct and to the point with no fluff or sales pitches. For further details, check out www.prosolution.com.au.
Episodes
99 episodes since 2022
The importance of running your own race
In this podcast, Mena and Stuart emphasise the importance of staying focused on your own business strategy and pace. They caution against common mistakes like investing in unsuitable assets, withdrawing funds without considering tax implication...
September 10, 2024
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Season 4
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Episode 32
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15:21
Why self-employed people favour investing in property
In this episode, Stuart and Mena explore why self-employed individuals often gravitate toward property investment and the key considerations they should keep in mind. They discuss the appeal of property as an easily understood and tangible asse...
September 03, 2024
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Season 4
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Episode 31
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14:50
How to prepare your business for an economic slowdown/recession
In this episode, Mena and Stuart discuss practical strategies for businesses to navigate an economic slowdown or recession in Australia, reflecting on the lessons learned from the 1990-1992 recession, where unemployment soared to 10.8% and inte...
August 27, 2024
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Season 4
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Episode 30
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9:35
How to maximise your borrowing capacity from your business
In this episode, Stuart and Mena explore strategies to maximise borrowing capacity from your business profits. They stress the importance of having a knowledgeable broker who can effectively advocate for you with bank credit managers. The duo h...
August 20, 2024
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Season 4
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Episode 29
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11:52
How to structure your property development
In this episode, Stuart and Mena delve into the complexities of property development, offering valuable insights on how to structure your projects effectively. They tackle common misconceptions about development feasibility, emphasising the imp...
August 13, 2024
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Season 4
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Episode 28
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9:43
How to best protect your interests in the event of a relationship breakdown
In this episode, Stuart and Mena delve into the crucial topic of protecting your interests in the event of a relationship breakdown, especially when owning a business or investment entity. They discuss proactive steps to take when entering a ne...
August 06, 2024
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Season 4
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Episode 27
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15:09
Protecting your business from cybersecurity threats
In this episode, Stuart and Mena tackle the crucial topic of protecting your business from cybersecurity threats. With 59% of losses reported to the ACCC's Scamwatch in 2022 affecting small and micro businesses, they delve into common cybersecu...
July 30, 2024
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Season 4
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Episode 26
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6:06
What insurance should you have for your business?
Do you have a question? Email questions@investopoly.com.au and Stuart and Mena may answer it in the podcast.In this episode, Stuart and Mena delve into the crucial topic of business insu...
July 23, 2024
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Season 4
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Episode 25
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8:39
Asset protection for business owners
In this episode, Stuart and Mena dive into the crucial topic of asset protection for business owners. They explore the various risks that business owners face, both from a business and personal standpoint. On the business side, they discuss the...
July 16, 2024
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Season 4
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Episode 24
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13:35
Create a financial crystal ball for your business
In this episode, Mena and Stuart explore the power of financial modelling and why it's essential for your business. They discuss the limitations of standard financial reporting, which often provides a high-level overview but lacks the detail ne...
July 09, 2024
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Season 4
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Episode 23
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7:50
Business planning for a new year
In this episode, Mena and Stuart explore key strategies for planning your business for a successful new year. They start by emphasising the importance of reviewing the past year's performance through a thorough analysis of financial reports and...
July 02, 2024
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Season 4
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Episode 22
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10:40
How to fire a bad customer
In this episode, Mena and Stuart tackle the challenging but crucial topic of how to fire a customer that doesn’t suit your business. They explore the impact of bad customers, who not only fail to refer new clients but also take longer to serve,...
June 25, 2024
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Season 4
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Episode 21
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7:57
Top 5 reasons why businesses fail
In this episode, Stuart and Mena delve into the top five reasons why businesses fail and offer practical advice on how to avoid these pitfalls. They start with the crucial issue of running out of money, emphasising the importance of adequate wo...
June 18, 2024
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Season 4
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Episode 20
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7:19
Our top 10 hiring mistakes and learnings
In this episode, Stuart and Mena delve into the top 10 hiring mistakes and the invaluable lessons they've learned along the way. They share candid insights on building a strong team, emphasising the importance of hiring slowly and firing quickl...
June 11, 2024
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Season 4
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Episode 19
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10:45
Customer feedback surveys: everything business owners must know
In this episode, Stuart and Mena dive into the world of customer feedback surveys, uncovering essential insights for business owners. They explore the Net Promoter Score (NPS) introduced by Fred Reichheld, a straightforward yet powerful tool fo...
June 04, 2024
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Season 4
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Episode 18
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12:01
Tax planning for End of Financial Year
In this episode, Stuart and Mena provide a comprehensive guide to end-of-financial-year tax planning strategies that can help maximise your tax savings. With a wealth of practical tips and considerations, they break down complex tax concepts in...
May 28, 2024
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Season 4
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Episode 17
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9:37
Should I merge my business?
In this episode, Stuart and Mena dive into the critical considerations surrounding business mergers, offering valuable insights for entrepreneurs and business owners contemplating this strategic move.They emphasise the paramount importa...
May 21, 2024
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Season 4
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Episode 16
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8:41
What should my profit margin be? 5 strategies to improve it
In this episode, Mena and Stuart delve into acceptable profit margins and strategies to improve them. They emphasise regularly reviewing and adjusting pricing to reflect cost increases while considering pricing power (
May 14, 2024
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Season 4
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Episode 15
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12:09
What to do if you are reliant on one customer?
In this episode, Stuart and Mena discuss the challenges and potential strategies for businesses that are heavily reliant on a single major customer. They acknowledge that while having a large customer can be advantageous, it also poses signific...
May 07, 2024
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Season 4
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Episode 14
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7:00
Why you should outsource your bookkeeping function
In this episode, Stuart and Mena dive into the invaluable benefits of outsourcing your bookkeeping function, highlighting how it can be a game-changer for businesses seeking to streamline operations and boost profitability.They emphasis...
April 30, 2024
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Season 4
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Episode 13
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6:51
Considering financing an asset in your business? Here’s a few considerations
In this episode, Stuart and Mena dive into the different finance solutions available for asset finance and discuss the pros and cons of each option. They start by outlining the main types of asset finance:Chattel Mortgage - ...
April 23, 2024
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Season 4
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Episode 12
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7:05
Debunking common tax minimisation myths
In this episode, Stuart and Mena debunk common tax minimisation myths perpetuated by some accountants to attract clients. They delve into strategies often marketed as tax-saving methods but may not necessarily be beneficial in the long run....
April 15, 2024
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Season 4
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Episode 11
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6:41
Who’s going to look after your business when you die?
In this episode, Stuart and Mena delve into a critical topic: "Who’s going to look after your business when you die?" Tune in as they navigate the complexities of estate planning for business owners, addressing key considerations to ensure the ...
April 09, 2024
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Season 4
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Episode 10
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7:12
Under what circumstances can businesses borrow?
In this episode, Stuart and Mena delve into the intricate world of business borrowings, offering invaluable insights and strategies to navigate this crucial aspect of entrepreneurship. They shed light on the criteria commercial lenders use, emp...
April 02, 2024
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Season 4
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Episode 9
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8:59
Powerful business insights – introduction to cost accounting
In this episode, Stuart and Mena dive into the powerful world of cost accounting, unveiling strategies to gain deep insights into your business's profitability at the product or service level. They break down the essentials of cost accounting, ...
March 26, 2024
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Season 4
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Episode 8
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7:01