We all like to think retirement is something we will get to eventually, when the time feels right. For a great many business owners across Australia, that date arrived like a thief in the night… and it did not care about how prepared we were; or are. Recent research puts hard numbers on what has, […]
Kevin Lovewell is an accountant specialising in Business Valuation.
Any gain a business built before 1 July 2027 can still be assessed under the current, more generous rules, provided the value of that business at the transition date can be properly established. Establishing that value is a valuation. It is not something the Tax Office will do for your client, and it is not […]
Kevin Lovewell is an accountant specialising in Business Valuation.
We all, at some point in time, sit down with our thoughts and worries and ask uncomfortable questions: what can we do without? Energy costs remain elevated. Financing costs have not returned to where they sat only a few years ago. Margins that once offered a comfortable buffer have narrowed, and the temptation to reach […]
Kevin Lovewell is an accountant specialising in Business Valuation.
Instead of turning inward when margins tighten, look outward for growth opportunities that are presently trading beneath their true cost. It is worth being direct about what being worn down looks like from where I stand. It rarely announces itself in the market until after the event, and in no way am I representing it […]
Kevin Lovewell is an accountant specialising in Business Valuation.
There is a vote taking place across the professional associations that most people outside our industry will never hear about, and most people inside it will not think twice over. It concerns whether valuers should be mandated to comply with the International Valuation Standards, or merely encouraged to. I sit on the side that lost […]
Kevin Lovewell is an accountant specialising in Business Valuation.
A tax debt is rarely the real problem. What an independent valuation reveals before a restructuring decision is made A Director Penalty Notice arrives, or a business simply falls too far behind the Australian Taxation Office to see a way through, and restructuring starts to feel like the obvious answer. The goal is to keep […]
Kevin Lovewell is an accountant specialising in Business Valuation.
I was reminded of that lesson recently by a client, before we’d even agreed to work together. He and his wife had two questions. The first was whether there was room to move on my fee — fair enough, and worth a conversation. The second, he said, had been put to him by someone else […]
Kevin Lovewell is an accountant specialising in Business Valuation.
Under Queensland’s Property Occupations Act 2014, my licence and my client’s appointment are governed by the same legislation that governs a suburban house sale. There is no separate business-agent framework. S26 folds us into the one real estate agent licence. Whatever the law says a “marketing fee” is, it says the same to me as […]
Kevin Lovewell is an accountant specialising in Business Valuation.
Why an independent valuation matters when a business changes hands within the family When part of a business is being handed from one generation to the next, or from one family member to another, it is tempting to let the family’s own accountant put a figure on it. They already know the business. They have […]
Kevin Lovewell is an accountant specialising in Business Valuation.
What a recent change to family law means if you are separating and a business is part of the picture. If you are separating from a partner, and a business you own, or your partner owns, forms part of what needs to be sorted out, there is a change in family law worth understanding. It […]
Kevin Lovewell is an accountant specialising in Business Valuation.
