Climax Business Strategies is a Chartered Accounting firm based in Newcastle that provides a unique range of business advice, accounting and taxation services to business owners and managers in Newcastle and around Australia. The director of Climax Business Strategies, Trevor Monaghan is an experienced Chartered Accountant who has worked closely with businesses for over 10 years. Trevor launched the firm with an outward passion for uncovering the real reasons why businesses underperform and partners with his clients to create and implement innovative strategies to maximise their profitability and cashflow in a sustainable way by creating effective business models.
Managing a business doesn’t need to be so hard. Once a sound business model has been developed the only thing that can get in the way of the success of that business is the lack of focus and implementation by management in the key strategic areas of the business.
Uncover the objectives – build the most effective business model to achieve the objectives – implement the model – measure the results and revisit the model.
How Do We Do It?
We work with the key stakeholders and the management team to uncover the strategic objectives (why are we in business?). We then provide advice to help formulate the most effective business model to achieve those objectives (what is the best model?). We then create a range of key performance indicators (KPIs) (how will we know if we’re on course?). We then setup a system to measure the KPI’s (are we on track?). We then evaluate the business model to see if it needs to be tweaked to achieve the objectives (do we still have the best model?)
Who Do We Work With?
Our strategic advice and support is accessible by businesses of all sizes, industries and locations within Australia. However we only work with ethical and honest businesses and people. We reserve the right not to offer our services to businesses or people who, in our opinion, deceive or mislead their customers, their employees, the community or their advisors. This includes any business known to deliberately falsify taxation records. Tax minimisation is a science, not an art.
Initiatives that sets Climax Business Strategies apart.
Climax Business Strategies is not your average accounting firm. Its approach is purposely different to anything else in the marketplace. Climax’s services are based upon proactive engagement with businesses owners at a fundamental level, not just at tax time and not always about the numbers. Some of the unique points of difference are:
- Every service has a fixed price agreement before commencement. Clients are not charged by the hour and never receive surprise bills.
- Phone calls and emailsare always free. It costs nothing to bounce an idea off Climax and to get immediate advice;
- A state of the art Business Valuation Calculator is available on the Climax website for free. This type of service might normally cost anywhere up to $5,000. The calculator produces a full 7-page indicative value report and is currently being used by businesses all around the world including other accounting firms.
- A more-than-your-money-back guarantee is available on some strategic planning services. If clients don’t like the strategies and advice, they are entitled to a full refund plus a cash bonus of up to $500 for wasting their time. There’s no risk.
- Climax provides proactive advice on all areas of business operations including marketing, advertising, social media, selling, pricing, customer service, productivity and technology. This is in addition to the usual services of accounting, budgeting, taxation, cashflow, superannuation and exit strategies.
- Formal agendas and dynamic action plans are regularly created and updated for all business clients to keep them on track and accountable to their desired goals.
- Trevor Monaghan performs workshops and training sessions for clients and the general public on key topics. Videos, Blogs and social media are also used to keep clients up to date with issues relevant to them.
- Through the use of technologies such as Skype, Dropbox, Google Docs and webinar software, Climax can service businesses efficiently anywhere in Australia.
What is it about Climax Business Strategies that attracts customers?
Climax Business Strategies has cemented its brand built on innovation, engagement, integrity, understanding and value for money. The combination of these values attracts genuine business owners seeking to grow their businesses and truly engage with an accountant that fundamentally understands the full spectrum of business operations, not just the numbers.
The latest technologies being used by Climax Business Strategies are not only to make their own business more efficient and engaging but also to truly lead their clients by example. The provocative website, free business valuation calculator, video tutorials, Twitter, Facebook, Linked In, Youtube, Blog, Newsletters, workshops and cloud-based software gives clients the comfort that Climax Business Strategies practices what it preaches. We live in exciting times and business owners need an accountant that is a driving force for change and not a passenger.
Indifference is a dangerous thing in any relationship and this is especially true of the relationship between a business owner and their accountant. The relationship needs to encourage a culture of continuous proactive communication. Many business owners fear calling their accountant about a strategic business matter due to the likely cost of the phone call as well as their perception of the lack of true business acumen of their accountant. This invariably leads to the far too common once-a-year reactive approach that most accountants feel forced to adopt. Climax Business Strategies has broken the mould by not charging for correspondence and by providing proactive strategic planning services to its clients to become genuinely engaged in their business methods and outcomes.
Integrity is about doing what you say you will do when you said you would do it. It’s also about under-promising and over-delivering. Climax Business Strategies provides fixed priced agreements with clearly defined outcomes for every service. Some services even come with a more-than-your-money-back guarantee for additional assurance. Business owners have dynamic action plans that are shared ‘in the clouds’ so that both they and their accountant always have an up to date record of the actions each have committed to including progress updates. Climax Business Strategies actively engages or recommends experts in other fields with their client’s permission and does not pretend to have all of the answers all of the time.
The most valuable skill of any professional is to ask meaningful and sometimes provocative questions and to listen carefully to the answers without prejudice. Only then can the professional truly understand and empathise with a client’s situation and provide a holistic solution tailored to the client. Climax Business Strategies uses extensive analytical and diagnostic tools to uncover the reality of the client’s situation. Each client then receives a different solution based on an assessment of the fasted and most effective ways to reach the client’s desired financial and personal goals.
Value For Money
Climax Business Strategies provides fixed priced proposals before commencing each and every engagement which means that their clients have the unique opportunity to consider their investment against their expected value from the solutions offered. This ensures that Climax Business Strategies must be proactive and continue to create and further develop its services to meet and exceed the value expectations of its clients. This puts the client in the comfortable position of a virtual guarantee of getting value for money at all times.