SMALL TO MEDIUM ENTERPRISES

When it comes to dealing with small to medium enterprises (SME) there are unique requirements in place. The problems can become greater.

An SME is in a unique situation. They need to be able to compete with larger firms and entities in the same arena. At the same time, they lack the deep pockets and resources of a corporate entity. A keen financial advisor or planning is needed to ensure that what resources are available are put to best use.

If you’re the owner of an SME, you know that running the business can be rewarding and time-consuming in equal measure. The growth can be rewarding, but protecting the enterprise as it builds itself up is important.

Here are just some of the possible risks that arise in an SME environment.

The death of a partner can cripple a small company. Even just becoming incapacitated can be detrimental, depending on how crucial they were to day-to-day operations.

There might be no plans in place – or resources to implement any plans – in the event of a financial disaster. Small companies usually have very tight operating budgets, with little room for deviation.

The business might find itself in that grey area. They are getting too big to remain where they are and need to expand. At the same time, they are paradoxically not big enough to afford an expansion and finances limit them to where they are.

With our financial planner Perth, we can help you figure out a solution to those situations.

We can help you manage your finances, maximize your assets, and plan. Our financial advice in Perth is the best in the city, with thousands of satisfied and successful clients in our portfolio.

With our help, you can have more time to focus on making the business a success.