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ProAdvice Business Podcasts - We help family business prosper

ProAdvice Business Podcasts - We help family business prosper

By ProAdvice
Proadvice is a values driven integrated professional services provider incorporating outstanding technical specialists and strategic business advice coordinating consulting, accounting, reporting and legal services where required.

We always put our clients first and pride ourselves on delivering the best possible service to help family business prosper. To ensure we deliver the best service, we operate in accordance to our key principles and values which include abundance, leadership, integrity, family, excellence, teamwork, communication and innovation.
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ProNet Webinar Series - Week 4 - Commodity Outlook

ProAdvice Business Podcasts - We help family business prosper

ProNet Webinar Series - Week 4 - Commodity Outlook

ProAdvice Business Podcasts - We help family business prosper

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The Dirty Dozen
Pulling apart the 'Dirty Dozen' attributes and strategies of a successful farming business with Mark Morton: 1. Clear and communicated vision 2. Established key performance metrics to measure success 3. Position descriptions, roles and responsibilities 4. Governance process in place 5. Risk planning 6. Defined organisational capability 7. Lead indicators in place and the ability to report on them 8. Understand solvency 9. Reporting process in place (balance sheet, cash flow, profit and loss, trading accounts) 10. Technology plan 11. Proactive management of succession 12. Policies in place to assist with decision making
46:57
September 27, 2021
A lenders perspective with refinancing
A conversation with Judd Smith from ProAdvice regarding refinancing from a lender perspective: What are the ingredients of an ideal client from a lenders perspective? What to and what not to include in a finance proposal? What value proposition can a bank provide additional to the interest rate offered?
22:41
September 15, 2021
STP Finalisation - what you need to know.
A conversation with Marilyn Williams discussing STP finalisation. What is STP finalisation? Why do you have to do it? STP troubleshooting and tips When is it due? What are the steps to reconcile year end payroll and finalise?
11:35
June 22, 2021
Timely tax planning reaps rewards
A tax planning refresher with John Gibson discussing the key themes. - What is tax planning? - Where do you start? - What information is required? - What options are there managing a surplus? - What should the decision be based on?
12:29
May 13, 2021
Do you manage your inbox or does it manage you?
A conversation with Jane Chopping discussing some tips and suggestions to assist with managing your inbox and document filing systems.
19:10
April 23, 2021
Q&A with Cody and John
A short episode discussing some responses to a few questions from the listeners: Structuring of a business – corporate vs family business – what to consider? What is tax planning and when is the best timing? Depreciation - how to make best use of current concessions without setting a future tax trap? Monetary policy and the macro effect on commodities? How to realise profits out of your business during a good year? How to change accountants?
22:59
February 23, 2021
2020 - A year in review
A quick review of 2020 which has certainly provided many items of interest for discussion and analysis.  Some key themes for agriculture for the year include: Improving rainfall conditions in Eastern Australia Strong livestock commodity prices Improved grain yields Good adaptability and resilience from ag sectors in managing uncertainty and risk due to the pandemic Continued strong land prices and demand
08:01
December 21, 2020
Automating the Office
A conversation with Bronwyn Walker from ProAdvice discussing developments in the technology area to assist with creating an automated office.  In this podcast we discuss the following: What are the main processes and functions that can be automated? How have these processes been completed historically and what are some current solutions? What have been some of the technological developments that have enabled automation? What other processes could be automated moving into the future?
30:56
November 30, 2020
Cryptocurrencies and Bitcoin - What you need to know
A conversation with Cody Townend from Proadvice  discussing cryptocurrencies and blockchain technology and what applications there may be in agriculture. What is a cryptocurrency? Advantages and disadvantages What is Blockchain? Application in business generally Applications in agriculture Other potential benefits
14:30
November 6, 2020
Federal Budget - what does it mean for you?
A conversation with Clinton Peake and John Gibson regarding the recent Federal Budget. Tax implications Instant Asset Write Off Trends in currencies, land prices  and commodities Global risks The road ahead and how to navigate
19:52
October 16, 2020
The risk of not considering risk
A conversation with Clinton Peake from ProAdvice discussing the risk of not considering risk.  In this episode we discuss the following: How do you define risk? What are the main sources of risk in business? What can be done to manage risk? Why should business consider risk?
08:33
September 28, 2020
Rural land valuation trends - are we in a bubble?
A conversation with Lachlan Polkinghorne discussing trends in the agricultural sector property market. How is rural property valued? What is driving the current trends in the ag property market? What to consider when investing in rural property? How do you work towards becoming 'land purchase ready'? Are we in a rural asset bubble?
10:27
September 18, 2020
ProNet Webinar Series - Week 4 - Commodity Outlook
With some unrest in the relationship of our major trading partner China, what does the future of the commodities markets look like?  Rob Herrmann of Mecardo will share his views on the future of sheep meat, beef, grain, and wool.  Other questions we have posed for Rob include: · What has been the play out with historical global economic shocks in Australian red meat and grain markets? · If there is a hyperinflation event as a result from government injection of cash into the system due to the global pandemic, will this be a good or a bad thing for commodity prices and farming net profit? · Will the wool price recover or is the current pricing the new normal? · Can domestic consumption in red meats and grains fill any shortfall from global demand fluctuations? · If unemployment goes to 20% when the accelerator comes off the job keeper pedal, what will this mean for red meat and grain markets?
01:06:20
August 27, 2020
Some useful tips when refinancing
Andrew Beattie outlines the key issues to consider when it comes to refinancing. What does a bank consider when lending to clients? Does everyone with the same background get the same deal? How to get the best deal from your bank? Apart from the interest rate, what other items should you consider when comparing offers?
16:31
August 24, 2020
ProNet Webinar Series - Week 2 - Economic outlook for investment
With the world in the grip of a health pandemic and many economies struggling to the point of recession, what will this mean for our investments?  Join Charles Gabriel from Morgans to hear his views on the future of global investments.  Other questions we have posed for Charles include: What will the Government and Federal banks injections into the currency and equity markets mean for the future? How do people mange risk and return in investment strategies during these times? What are some companies and sectors that currently look attractive? What are some companies and sectors to avoid at this time?
01:01:15
August 14, 2020
ProNet Webinar Series - Week 1 - Returning to work on the family business
Returning to work on the family business Lachlan Polkinghorne will facilitate a panel discussion with some next gen farmers on their decision to return to work in the family business.  Even before the legal matters of succession are considered, how do people fit in and what lured them back to the family business as opposed to continuing in their careers? The panel includes: Jamie Taylor – After developing a career in Collins St, Jamie and his wife Georgie have traded coffee on Sydney Rd for life on ‘Warrambeen' located between Shelford & Rokewood in Victoria. Jo Williams – Now an integral part of a family business, Jo's early professional career was with the Ag Department in Port Lincoln. Jeremy Lush – Jeremy has recently completed his tertiary education at Marcus Oldham, and with his parents Rodney and Sally, has chosen a career on farm located between Keith and Tintinara in SA. Thomas Botterill – Thomas has built a successful career working with Barenbrug Australia, and has only recently decided to move back into the family business located at Digby in Victoria. Tune in to find out how these families managed the challenges of working with family, the strategies they implemented, and the key take home lessons.
49:56
August 14, 2020
Record Keeping Matters
A conversation with Marilyn Williams regarding the importance of keeping accurate and up to date records.  During the podcast we will discuss the following: What is record keeping? How can financial records be stored? What are records used for? What are the 5 golden rules from the ATO's perspective? Why should you keep accurate records? Special items to keep in mind with regard to the Job Keeper and Cash Flow Boost programs from a record keeping perspective?
10:47
July 23, 2020
ProNet Webinar series for August 2020
A taster for the ProNet Webinar series scheduled for August.  Topics and presenters include: Week 1 (05-Aug-20) - Panel Discussion with Lachlan Polkinghorne from ProAdvice - Returning to work on the family business. Lachlan Polkinghorne will facilitate a panel discussion with some next gen farmers on their decision to return to work in the family business.  Even before the legal matters of succession are considered, how do people fit in and what lured them back to the family business as opposed to continuing in their careers? Tune in to find out how these families managed the challenges of working with family, the strategies they implemented, and the key take home lessons. Week 2 (12-Aug-20) - Economic Outlook with Charles Gabriel from Morgans. With the world in the grip of a health pandemic and many economies struggling to the point of recession, what will this mean for our investments?  Join Charles Gabriel from Morgans to hear his views on the future of global investments.  Other questions we have posed for Charles include:– What will the Government and Federal banks injections into the currency and equity markets mean for the future? – How do people manage risk and return in investment strategies during these times? – What are some companies and sectors that currently look attractive? – What are some companies and sectors to avoid at this time? Week 3 (19-Aug-20) - Commodity outlook with Rob Hermann from Mecardo. With some unrest in the relationship of our major trading partner China, what does the future of the commodities markets look like?  Rob Hermann of Mecardo will share his views on the future of sheep meat, beef, grain, and wool.  Other questions we have posed for Rob include:– What has been the play out with historical global economic shocks in Australian red meat and grain markets? – What has been the play out with historical global economic shocks in Australian red meat and grain markets?– If there is a hyperinflation event as a result from government injection of cash into the system due to the global pandemic, will this be a good or a bad thing for commodity prices and farming net profit? – Will the wool price recover or is the current pricing the new normal? – Can domestic consumption in red meats and grains fill any shortfall from global demand fluctuations? – If unemployment goes to 20% when the accelerator comes off the job keeper pedal, what will this mean for red meat and grain markets? Week 4 (26-Aug-20) - Being Resilient in Uncertain Times with Justin Langer. The all-time cricketing great Justin Langer will be presenting his views on being resilient in uncertain times.  It was Justin Langer who stood tall in the midst of the ‘sandpaper-gate’ which at the time was a major crisis plagued with uncertainty for the players, the Board and Australian Cricket as a whole.  It was through Justin’s leadership that the team found their way back into the hearts and minds of Australian’s and it is this level of resilience and leadership we hope to learn from Justin and apply to our businesses in these current uncertain times.
12:40
July 17, 2020
Generational transitioning from a legal perspective
A conversation with Dave Shelley, Managing Principal from Page Seager Lawyers discussing the following: Legal considerations when transitioning control and ownership with family business. Why it is important for families in business to have a will? Given the pros and cons of relying completely on a will, is there an alternative process that could be considered? Tax and Stamp duty considerations? What are the most common issues or complications from a legal perspective with transitioning generational family business?
18:45
July 6, 2020
Entities and structures - what is right for you?
A conversation with Malcolm Beattie discussing entities and business structures.  During this podcast we discuss the following: What are the different entity types? What are the pros and cons of each entity? Is there such a thing as a standard structure? Other options for owning assets? Triggers for changing entities in family business.
17:30
June 26, 2020
Management Reporting - What you need to know
A discussion with Jane Chopping regarding management reporting and how it can create value in your business.  In this episode we discuss the following: What is management reporting? What is the difference between accounting reporting and management reporting? How do you get started with management reporting? Why should management reporting be part of your business? 
10:03
June 19, 2020
Frequently asked Questions at Tax Planning Time
In this episode, Clinton Peake discusses many of the commonly asked questions at tax planning time including is paying tax a good thing, what is the best structure for tax, business implications of private or tertiary tuition fees as well as some moral questions of paying tax in general.
19:26
June 10, 2020
Covid-19 tax changes, grants and rebates and what you need to know in preparation for end of financial year
A conversation with John Gibson regarding Covid-19 tax changes, grants and rebates and what you need to know in preparation for the end of financial year including tax planning, business health checks, budget review and planning.
13:44
May 15, 2020
How to integrate family into business
A conversation with Lachlan Polkinghorne from ProAdvice discussing some useful tips when integrating a family member into the business.  This process is slightly different due to the age of the family member and we will discuss issues specific for both teenage and adult children.
14:34
May 11, 2020
Investing to Win
A conversation with Chris Scheid discussing questions to ask when it comes to investment on farm.  We delve deeper in to three main areas: 1. Is the venture profitable? 2. Can the venture be financed? 3. A question about resource scarcity - if this was the last available investment, would you still proceed?
15:17
May 8, 2020
The Do's and Don'ts of Succession Planning
A conversation with Andrew Beattie regarding the do's and don'ts of succession planning.  Andrew will discuss the difference between succession and estate planning, outline a general model for succession planning and ways in which you can increase the chance of success in this area.
15:04
May 1, 2020