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Welcome to Better Advice
What does WHK stand for?
Since our firm's name changed to WHK
we often get asked what the initials
stand for. Here is the quick version
on how we got our name.
The short answer is Williams,
Hatchman & Kean (WHK). This was the
name of the first major capital city
firm to join the Investor Group of
which we were a part. Originally,
firms in this group all operated
under their own names, for example Rutherfords or Cameron Kirk Rose.
Then each firm added WHK as a prefix
to their firm name.
In 2008 all firms across the group
removed their secondary name and
adopted WHK as their business name.
The phase-in of this change is
almost complete across our offices
and we are pleased to still offer
the same local service, under the
umbrella of a larger group.
So while WHK did stand for Williams,
Hatchman & Kean, now we believe it
stands for better advice for a
better life.
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Taxation! Why is it so complex? Why are my fees
so high? |
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To some degree, one would think the first
question answers the second question, but it
does highlight the competing pressures of public
accounting. What can appear to be relatively
straight-forward can hide a complex situation
that requires the interpretation and application
of that legislation to your particular facts.
read full article here
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Your
Self-Managed Superfund |
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If you have your own self-managed superfund you
would probably be aware that your superfund
can't borrow money nor acquire assets from you
or your associates.
However there are exceptions on the borrowing
and the types of assets the fund acquires.
read full article here
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Michelle Halliday WHK Lismore
Adviser
Tips for
Bookkeeping Success
Being an effective bookkeeper is
important to any business and whilst it can be a
demanding and time consuming aspect, doing it
well has many benefits. These can include:
read full article here
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Nicole Lavender WHK
Inverell Audit Manager
Debtor's Policy -
A must-have in your business tool box
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How is your business cash-flow?
Do you have slow-paying customers?
Do you have some customers that never pay? |
Cash is king for all businesses and we will need
to make sure that your debtor collection process
is working for you.
A debtor's policy is a key tool in managing cash-flow in your business and will assist you in
freeing up your working capital. The benefits in
implementing a debtor's policy in your business
are:
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Bad debts will
reduce as they are caught quicker.
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You can focus on
building revenue rather then collecting
cash.
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You can reduce
your bank interest expense.
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Your financial
ratios improve which could make it easier to
obtain funding from financial institutions.
WHK can assist you in
developing a variety of strategies to reduce
your debtors and implement a successful debtor's
policy. Contact your WHK business advisor to
discuss how to improve your business's cash-flow.
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Armidale Office:
90 Rusden Street, Armidale NSW 2350
T: 02 6776 5100
Byron
Bay Office:
17 Lawson Street, Byron Bay NSW 2481
T: 02 6685 7532
Coffs Harbour Office:
107 West High Street, Coffs
Harbour NSW 2450
T: 02 6652 3211
Grafton Office:
24 Queen Street, Grafton NSW
2460
T: 02 6642 7555
Kyogle Office:
180 Summerland Way, Kyogle
NSW 2474
T: 02 6632 1322
Walcha Office:
Fitzroy Street, Walcha NSW
2354
T: 02 6774 2700
Yamba Office:
5/30 Coldstream Street, Yamba
NSW 2464
T: 02 6646 8011 |
Ballina
Office:
51
Tamar Street, Ballina NSW 2478
T: 02 6686 6200
Casino
Office:
157 Barker
Street, Casino NSW 2470
T: 02 6662 7555
Glen
Innes
Office:
2/122
Bourke Street, Glen Innes NSW 2370
T: 02 6730 2999
Inverell Office:
3 Glen Innes Road, Inverell
NSW 2360
T: 02 6728 8800
Lismore Office:
53 Carrington Street, Lismore
NSW 2480
T: 02 6621 9222
Warialda Office:
39 Hope Street, Warialda NSW
2402
T: 02 6729 1591
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