By Ben Youn Copyright 2014 Quantum Business House WELCOME to QUANTUM BUSINESS HOUSE

 2 hours for each session  10 minutes tea time  Bathroom & Kitchen  Today’s Speaker  Please network each other  Future Plan - Business Forum - Networking Events - Business Mentoring Copyright 2014 Quantum Business House

1. Setting up business structure (June 04) 2. Buying a business (June 11) 3. Business Planning (June 18) 4. Marketing (June 25) 5. Raising Finance (July 02) 6. Financial Management (July 09) 7. Tax system and compliance issues (July 16) 8. Risk management (July 23) 9. Financial Health Check (July 30) 10. Business Evaluation (August 06) Copyright 2014 Quantum Business House

 Identifying the potential business problems and alarms the positive and negative signs of business performance.  have the credible information through the evaluation process to rectify the problem areas of business and plan future business activities for successful growth  business assessments from various information sources in order to identify the true pictures of the business operations and the key drivers of the business Copyright 2014 Quantum Business House

 Undertake non-financial performance evaluation as this eventually impacts business financially (e.g. lead time, employee absenteeism rate etc.)  Collecting information from interviews, physical observation, policies and procedures and financial record is essential part of this assessment stage. Copyright 2014 Quantum Business House

 Understand how the business operates along with its own key drivers of business performance (e.g. sales, net profit margin)  Use the most recent financial data including recent financial reports and Business Activity Statements lodged to the ATO.  Use highly reliable business software; you can easily extract the information required for the evaluation Copyright 2014 Quantum Business House

 The past three years of financial statements  Documented policies on key operational areas such as pricing, buying, inventory management, internal control, supply chain management, staffing etc.  The value stream map  Employee job descriptions  Compliance documents and any agreement signed for contract entered for the business. Copyright 2014 Quantum Business House

 Industry information. This is particularly important as the business need to be compared with industry benchmark. The information can be both financial and non- financial. This comparison will provide measurable information in the same industry Copyright 2014 Quantum Business House

 The information below should be compared with current financial and non-financial information of the business to see the trends of the business performance: Profitability Cashflow, liquidity and solvency Efficiency Business planning, both financial and operational External issues and trends Copyright 2014 Quantum Business House

 A full day business seminar (September 2014)  Properties and Tax (October 2014)  Income and Assets in foreign countries (November 2014) Copyright 2014 Quantum Business House

 Address: Level 8, 280 Pitt Street SYDNEY NSW 2000  Phone: (02)  Fax: (02)    Copyright 2014 Quantum Business House