Associated Stocktaking Services is the most experienced stocktaking firm in Western Australia. They have provided answers to some of the most common questions about stock and stocktaking. “I don’t want that stuff; it’ll never sell” Sometimes purchasers are reluctant to take on some stock which they consider to be particularly slow moving, or “dead” (not…

Return on investment is the time it takes to recoup the money spent.  If it takes 2 years you are effectively getting a 50% annual return on your investment. ROI is one method used to determine the  business value. Return on Investment is calculated on the adjusted net profit of the business divided by the…

Just how much value in dollar terms do you place on the potential of a business? Generally the industry opinion is very little. All businesses have some future potential under the right management but are you the right person to realise that potential? Using a S.W.O.T. test (Strengths, Weaknesses, Opportunities and Threats) on yourself can…

Note that under current legislation business sales can be GST free where:- “The vendor supplies to the purchaser everything necessary for the continued operation of the business. The vendor carries on the business until the date of sale and: Both parties agree in writing that the supply is of an ongoing concern.”  Purchasers must be…

Business finance is a specialised area of finance and is completely different to housing and property finance. Most lenders view business assets as marginal from a security point of view so they limit lending to only a small percentage of the total cost of the business. There are no hard and fast rules in business…

Business Terms Ad Backs Adjusted Net Profit Balance Sheet EBITDA Financial Statements Goodwill G.S.T. Profit & Loss Statement POA PSAV ONO EOI WIWO Return on Investment (ROI) Ad Backs Ad backs include all expenses relating solely to the owner plus non-cash expenses such as “Depreciation” and “Amortisation”. Once off expenses such as “Loan Establishment Fees”,…