The Saturday Strategy

Writer

Stream Accounting Pty Ltd

Managing Director

In conjunction with our clients, we will manage, maintain and control the internal accounts function of a business.

We are responsible for:

- keeping accurate records for tax purposes
- creating invoices to send to customers and automate bills processing
- controlling accounts receivable and payable 
- managing payroll, lodging Activity Statements (BAS & IAS) and 
- assisting with management of budgets and cash flow projections

We aim to provide a full service internal accounts function that is normally only provided to large business.

Business Owner

Etax Accountants

- Prepare and review for lodgement, individual online tax returns
- Attend to client queries
- Ensure supporting communications and documents are available to support tax returns

Tax Return Reviewer

Dillon & Elbourn Chartered Accountants

Preparing financial statements and income tax returns for companies, trusts, partnerships, SMSF's and individuals. 
Monthly IAS and BAS preparation for businesses and SMSF's.
Annual FBT preparation and lodgement.
Monthly payroll and payroll tax.
SMSF administration.

Accountant

My business journey started when I was in my mid 20's. I was attempting to make a cricket career take off and while I was doing so, I started working with small businesses who needed help with their bookkeeping.

Fast forward a decade, and, through my business Stream Accounting, I have been able to work 100s of small business owners with their bookkeeping and accounts needs. Growing our team has meant that I am focusing my time with helping the business succeed, while spending quality time with my young family.

Many of the decisions I have made in my own business, as well as the processes and strategies we have discussed with clients, have led to amazing improvements in cash flow, profit and overall business health for numerous people.

If you are on your own business journey, here's a few ways I can help you:

1. Subscribe to my newsletter; Saturday Strategy. Each week you will get free actionable tips to help you improve the cash flow of your business.

Go here: www.streamaccounting.com.au/saturdaystrategy

2. The Xero Training Course for Small Business Owners. Many small business owners manage their own bookkeeping, and you are one of those, we can teach you how to do it better so that your numbers are accurate and meaningful for you and your business.

Go here: www.streamaccounting.com.au/xero-training-course

3. Let my team help you manage your business finances and bookkeeping. The best first step is to book in a free discovery call to chat about how we can help you.

Go here: www.streamaccounting.com.au/discovery

Nathan Price

Accounting Practice Growth ► Accountants/Bookkeepers/CFOs Marketing ► Accountant LinkedIn Strategy ► High FEE Accounting Offer ► Attract High Value Accounting Clients

Trusted Clients

To better understand how we help accountants, bookkeepers, CFOs and financial consultant

It is important to know: we are not only a coaching business. Although we do that well.

We are proud of the clients and sales we’ve been delivering to practice through our coaching and business growth strategies.

But our delivery has since changed. 

Once, training would be enough, accountants would get results.

Now, they need a growth partner who has the capability to implement and deliver.

The landscape of accounting, bookkeeping and CFO practice growth has changed through technology and internet, that means the way they can fast grow and market their business with has to change. And we’re here to help.

We’re growth partners for accountants, bookkeepers, CFOs and financial consultant, our specialties are :

✔️ Practice Growth Strategy
✔️ Advisory product eco-system
✔️ Marketing design/Implementation
✔️ Attract High Value Accounting Clients
✔️ Corporate Sales Training
✔️ LinkedIn Training 

So, we aren’t just a coaching business. Well, not by the dictionary definition anyway. We are a fully integrated service network to strategies and  implement for our clients from A-Z so they can spend the time doing what they love with their clients,

𝗪𝗔𝗡𝗧 𝗧𝗢 𝗞𝗡𝗢𝗪 𝗠𝗢𝗥𝗘?
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Call: ✆ 0422 252 831
Email: ✉ simon@trustedclients.com.au
Visit: ☛ https://www.trustedclients.com.au

*Want to see case studies ? ☛ www.simonlu.com.au/training-video

✔️ Accounting Practice Growth ✔️ Marketing Solution ✔️ Attract High Value Advisory Clients 

Simon Lu Enterprise

Simon founded Simon Lu Enterprise in 2017 in order to share the lessons he’s learned as an entrepreneur with other business owners.
 
After seeing many accounting practices struggle to make a profit, Simon wanted to help them achieve their full potential.
 
By using his proven three-step process, he has now helped hundreds of businesses attract high-value clients and exceed their goals.
 
Simon was a licensed wealth coach, tax adviser and has received multiple awards for his work with small businesses prior to coaching accountant.
 
As demand for his services grew he knew he needed to find a way to help more businesses.
 
Simon’s now documented his entire entrepreneurship journey into a three-month transformation program that helps accountants to grow a successful business.

Website: www.simonlu.com.au

✔️ Accounting Practice Coaching

Lead generation does not mean client generation.

One of the bottlenecks we have seen with accountants is the ability to articulate their offer and value to a stranger. We used to get referrals, and the way how we approach, position and propose a cold lead is quite different.

The Key ROI we are looking for is money make in our client’s account, as such, we deploy a large part of our resources to training our accountants on how to convert a lead to be a high fee paying clients.

High value client sales training :

-	Sales Script implementation
-	Sales meeting training
-	Sales resource development 
-	Sales proposal development
-	Sales process mapping 

With the difference in each of your clients, and the stage of where they are at require an different accounting solution whether it's tax planning, virtual CFO offer, monthly reporting, project work, bookkeeping or simply compliance etc, we design and implement a conversion journey that allows an accountant to build relationships quickly and win business for long term

✔️ Accountant marketing and Sales training

We’ve launched our accounting firm's branding implementation back in 2020.

It does not only allow them to be seen, it’s about building a credible brand and online presence that allows accountants to attract the right clients who respect and trust them before they work together.

A highly profitable firm is a by-product of your brand and reputation.

Social media has not merely changed this, it's totally disrupted how you do it. It adds fuel to the fire and serves as a strong retention tool for your business and clients. 

There is so much noise and competition around us in the accounting industry. It's easy to not stand out. When you have a strong online presence and brand, it cuts through the noise and positions your firm's identity strongly with who you are and more importantly who you're not.

This is where our branding and production team comes in!

✔️ Accounting Firm Branding Implementation

BFF Group

Simon founded BFF Group in 2014 in order to help ambitious individuals and small business owners build a better financial future for themselves.
 
Early on his business, Simon realised that people didn’t have a wealth problem, they had a life problem that was being reflected in their inability to create wealth.
 
Because of this, the BFF team decided to take a different approach, utilising coaching methodologies to help improve their clients’ mindset, financial strategy, and accountability.
 
Simon has won two industry awards for his work with BFF group. In 2015 he was recognised as a Rising Star, and in 2016 he was named High Achiever of the Year.
 
Serving as the company’s Director, Simon helps shape the overall vision and direction of the business.
 
He also plays an integral role in the day-to-day operations of the business, working hand-in-hand with clients to help them build and protect their wealth.

Website: www.bffgroup.com.au

Sold the Practice 

AGS Financial Group

AGS Financial was created in 2002 to help businesses and private clients manage all aspects of their finances.
 
The company was built with the idea of offering personalised customer service and professional strategic financial advice to help people reach their financial goals.
 
AGS has grown to include a team of over 100 professionals, with experts in both business and retail banking.
 
The company has won numerous awards, including 6 x “AFR Smart Investor Magazine Top Financial Planner” awards, AMP Financial Planning’s Practice of the Year State winner and National Finalists, and BRW Top 100 Accounting firms.
 
Simon served as a Financial Planner with AGS from 2013-2014. During that time, he worked with individuals and businesses to help them build their wealth and plan for the future.

Financial Planner

2002: Age 15, was given the name of Simon with zero English on a taxi from Hobart airport to school. Here’s what happened next...

-- read more

2010: Started first job with a salary of $35,000 cold calling for financial planners 

2012: Got Fired from Westpac due to politics 

2014: Started BFF Group (Financial advisory, accounting, and mortgage) business did 400K first year, 750K second, and then $1.2M pa in revenue. 

2018: Started TrustedClients to help accounting and finance professionals grow their businesses.

2019: Sold BFF group with a multiple of 2.5 on recurrent fees.

It’s been a journey.

Out of the 450 accountants, bookkeepers, CFOs, and financial consultants we have worked with so far, 35 firms achieved $1 million within a 3-year timeframe

NOW We're on a mission to help 1000 Accountants, bookkeepers, CFOs, financial advisors, and financial consultants we touch to generate $1M in fees with less than 50 clients while maintaining a 65%+ profit margin with an advisory ecosystem without trading time for money and buried with endless compliance.

𝗪𝗛𝗔𝗧 𝗗𝗢 𝗬𝗢𝗨 𝗡𝗘𝗘𝗗 𝗛𝗘𝗟𝗣 𝗪𝗜𝗧𝗛?
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

✔️ Accounting Practice Growth Strategy 
✔️ Advisory Product Ecosystem 
✔️ Owner Transition Strategy 
✔️ Attract High-Value Clients 
✔️ Marketing DONE FOR YOU

𝗪𝗛𝗔𝗧 𝗜𝗦 𝗢𝗨𝗥 𝗢𝗙𝗙𝗘𝗥?
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
We know how to grow the profitable fees for each accounting professional, CFO, financial advisor, and consultant. We know because we turn around ourselves and help 100s of others do the same.

✅ 𝐖𝐀𝐓𝐂𝐇 𝐅𝐑𝐄𝐄 𝐓𝐑𝐀𝐈𝐍𝐈𝐍𝐆

It’s our newest live training inside of our community where you learn the exact step-by-step process on how to get high value advisory clients in our paid program
Watch here >> https://www.simonlu.com.au/training-series

✅ 𝐉𝐎𝐈𝐍 𝐅𝐑𝐄𝐄 𝐂𝐎𝐌𝐌𝐔𝐍𝐈𝐓𝐘

We use a tiered plan for a start, a grow, or a scale business advisory and accounting practice,. Using our proprietary process to help you attract, convert, and scale your business. We have documented the entire system of over 450 Firms and put them all in one place, It's a gift to you!  
Join here >> https://www.skool.com/million-dollar-practice/about

𝗪𝗔𝗡𝗧 𝗧𝗢 𝗞𝗡𝗢𝗪 𝗠𝗢𝗥𝗘?
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Email: ✉ simon@trustedclients.com.au
Visit: ☛ https://www.trustedclients.com.au 
Work with me: Apply here >> www.simonlu.com.au/training-video

*See what our clients say about us below 👇

Simon Lu

Your "quick calls" cost you $10K/month accounting fees. Here's how to stop the bleeding.

Your clients love free advice. That's why you're stuck at $1M.

I see this in every practice that can't break through $1M/year.

The accountant is brilliant. Clients give testimonials and referrals. 

Yet revenue stays stuck. Owners burn out from client work.

The reason why is hidden in the “small things” that no one tracks. 

A client emails: "Quick question about my trust structure..."

You spend 15 minutes replying with expert advice.

Client says thanks. You make $0.

You think: "I'm being responsive. Building relationships."

Wrong.

You're training clients that expertise is free.

Think about architects. 

You don't ask them to 'just sketch something quick' for free. 

You hire them. You pay for their design thinking.

Because they've set the expectation: My knowledge has value.

But accountants? We give it away.

"Quick call?" That’s 18 minutes.

"Just checking something?" 20 minutes of research.

"Can you look at this?" 30 minutes analysis.

All free, and creating the expectation of more free.

Are you a free helpdesk or a finance strategist?

One of our clients started responding to all “quick question” emails with her “power hour” offer. $800 for one hour 1:1. 

68/100 people said no (just wanted free stuff).

32 said yes. $25K for work she’d been doing free. 

Want to grow to $5M?

Stop giving away what others charge thousands for.

Your expertise isn't a courtesy. It's your thinking.

Start charging for it.

Helping Accountants & Advisors Build Next $1M Fees with <50 Clients | Trusted by 550+ | Watch Free Case Study ⬇️

A 60 minute session earned James $25K in accounting fees 

James runs a $1.2M accounting practice in Melbourne.

At 550 clients and 20% margins, he was burning out fast.

Clients appreciated him. But they didn't value him.

He worked 55 hrs/week to save them $40-100K+.

They still paid $3-5K/year to be their “tax guy."

James wanted to charge at least $25K. But he wasn’t sure how.

He decided to ask clients what they’d pay for. 

Of course, they’d all say “just tax”. 

So he got crafty. 

He invited his top 80 clients to a 60-minute tax strategy session. $800 with 100% money-back guarantee.

He asked questions. 

Mapped their financial future.

And showed them 3-5 ways to reduce tax and grow wealth. 

20 signed up to the call. 0 asked for refunds.

And 12 saw the bigger picture. 

Not more tax returns but their family’s future.

They invested in implementation. 

3 months later James got …

$9,600 for strategy sessions 
$78,000 for implementation & new structures
$84,000 in increased compliance fees (from $8K to $15K)
$20,000 in ongoing advisory retainers

= $192K in new advisory revenue 

Same work. Different conversation.

"I'm not justifying fees anymore. Clients see the future, and they want it."

James realised: Clients don't buy compliance. They buy futures.

What are you selling?

taplio

The Battle

Nathan Price

Simon Lu

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taplio

The Battle

Nathan Price

Simon Lu

Followers

Posts

Engagements

Likes

Performance Score.css-goub6s{font-size:var(--chakra-fontSizes-md);font-weight:500;color:var(--chakra-colors-gray-600);display:block;margin-top:var(--chakra-space-1);}Simon Lu's LinkedIn Performance

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Performance ScoreSimon Lu's LinkedIn Performance