adventure tax
Looking For a Business Advisor?
A business advisor can help you grow your business via cash flow, profitability, systems, and marketing.
Scale + Grow + Succeed
Whenever someone tells me “Sarah has a 7-figure business”, I ask them: “Is that revenue? Profit? Or cash in the bank? Is that their annual figures or is that what they’ve made in total since inception?” This way of talking in 6-7 figure metrics leads people to focus on increasing sales, thinking that’s the solution. Unfortunately, it’s only part of the puzzle.
“Revenue is vanity, profit is sanity, and cash is reality”.
Whether you’re an entrepreneur, digital nomad, or online business owner, getting regular expert business advice helps you make better decisions.
Whether you just need a sounding board, bookkeeping, or in-depth virtual CFO and product analysis, a business advisor is a smart move. But unfortunately, not all business advisors are created equal.
A good business advisor will help you stay ahead of challenges and market changes (while also putting out fires if needed). They’ll create clear strategies to achieve your goals. They’ll cut through the noise and provide actionable insights that get results. It’s about starting with your big picture goals and then breaking them down into daily, weekly, and monthly tasks (and then keeping you accountable along the way).
Business isn’t just about numbers; it’s about creating freedom for yourself (and a bit of adventure, right?). Numbers are the foundation of business. If you’re not profitable or you don’t have cash reserves, your business isn’t going to grow.
Most people focus on increasing their sales. But what about expenses? What about your overhead? As the old saying goes:
For many owners, business advisory seems complicated. But it doesn’t have to be. A business advisor will look at your profitability, expenses, debt, assets, liabilities, and cash flow. Then, they’ll create an strategic solution to help you make more money (where it actually hits your bank account).
Need strategic guidance to expand your business or navigate new markets? Adventure Tax can be your strategic business advisor and help you unlock smarter, faster growth.
What Does a Business Advisor Do?
A business advisor is like a coach, strategist, and sounding board rolled into one. They work with business owners to identify challenges, create solutions, and help the business grow.
Here’s what they typically focus on:
- Strategy Development: Crafting a roadmap for growth, profitability, or scaling.
- Problem-Solving: Addressing specific challenges, like cash flow issues or low sales.
- Financial Planning: Helping you manage budgets, improve profitability, and forecast for the future.
- Operational Efficiency: Automating processes using software to save you time and money.
- Market Insights: Identifying opportunities to help you stand out in your industry. Helping put together a digital marketing strategy
- Accountability: Keeping you focused and ensuring you follow through on your plans. They’re a sounding board for any problems or challenges you’re facing.
They bring an outsider’s perspective and specific expertise to help you make smarter decisions.
Benefits of Working With a Business Advisor
Here are the biggest benefits of working with a business advisor:
1. Fresh Perspective
When you’re deep in the day-to-day grind, it’s easy to lose sight of the bigger picture. A business advisor helps you step back and see your business from a new angle, challenging the status quo.
2. Expertise You Can Trust
Advisors often have years of experience running or consulting on businesses like yours. They’ve seen what works (and what doesn’t) and can guide you based on proven strategies.
3. Better Decision-Making
Whether you’re deciding to expand, hire staff, or launch a new product, a business advisor helps you weigh the pros and cons. They’ll help you avoid costly mistakes.
4. Increased Profits
A business advisor will help you uncover ways to cut costs, increase sales, and reduce employee + customer churn rates. The return on investment often outweighs the cost of their services.
5. Accountability and Focus
Advisors keep you on track by setting goals and holding you accountable. If you’ve ever struggled to follow through on big ideas, this is a game-changer.
Case Study: How a Business Advisor Can Transform a Business
Let’s look at how working with a business advisor can make a tangible difference.
The Problem: Sarah owns a small online retail business. While her sales were steady, her profit margins were shrinking, and she was overwhelmed by inventory management and marketing decisions.
What the business advisor did:
- Conducted a detailed financial analysis to identify where Sarah was overspending.
- Automated her supply chain, reducing inventory and storage costs by 20%.
- Helped her implement a digital marketing strategy (paid ads and SEO) which focused on her most profitable products.
- Created a monthly cash flow plan to stabilise her finances and track spending.
The Outcome: Within six months, Sarah’s profit margins improved by 14.5%, and her stress levels dropped significantly. She could finally focus on growing the business instead of putting out fires.
The Costs of Not Working With a Business Advisor
If you’re on the fence about hiring an advisor, consider the risks of going it alone:
1. Missed Opportunities
Without a business advisor, you might miss growth opportunities or fail to adapt to market trends. This can leave your business stagnant while competitors move ahead.
2. Costly Mistakes
Poor decisions—like overinvesting in a bad idea, overspending on expenses, or hiring the wrong staff—can have long-term consequences.
3. Burnout
Trying to handle everything yourself is a recipe for exhaustion. A business advisor lightens the load by taking the guesswork out of key decisions.
4. Financial Losses
Costly operations or a lack of financial planning can drain profits. A business advisor identifies these issues and helps you fix them before they spiral out of control.
5. Lack of Clarity
Without guidance, it’s easy to lose sight of your goals or waste time on low-impact activities. A business advisor brings focus and direction to your business.
How Much Does a Business Advisor Cost?
The cost of a business advisor varies depending on their experience, location, and the what you need (ongoing or project basis).
Typical Costs:
- Hourly Rate: $200–$500 per hour, often for short-term consultations.
- Monthly Retainer: $1,000–$5,000+ per month for ongoing support.
- Project-Based Fees: A fixed price for specific projects, like a business plan or marketing strategy. Usually around $3-5k.
While this might seem like a big investment, many business owners find that the advice they receive pays off in increased profits, saved time, and reduced stress.
How to Choose the Right Business Advisor
If you’re ready to take the leap, here’s how to find the perfect advisor for your business:
1. Look for Relevant Experience
- Do they have experience working with businesses in your industry?
- Have they dealt with challenges similar to yours?
- Have they started and successfully managed their own business?
2. Check Credentials
- Are they certified in business coaching, financial planning, or another relevant field?
- Do they have testimonials or case studies from past clients?
3. Assess Their Approach
- Do they listen to your needs and tailor their advice?
- Do they take initiative, helping you solve problems and offering solutions?
- Or, do they provide a “7-step program” to success? It’s not a one-size fits all solution, so be aware of anyone selling you a get-rich-quick scheme.
4. Consider Personality Fit
- Can you see yourself working closely with this person? Do you like their personality?
- Do they communicate clearly and make you feel confident in their advice?
5. Get The Cost Upfront
- Understand their pricing structure and what’s included in their services.
- Make sure their fees align with your budget and expected ROI. Ask if you can do a test run first before investing big.
Here at Adventure Tax, we provide customised business consulting for all types of business.
Business Strategy & Growth Plans
- Tailored strategies to help you meet your short-term and long-term goals (step-by-step process)
- Actionable plans for scaling your operations sustainably (setting up systems, software tools, and SOPs)
- Practical marketing advice to expand into new markets or launch new services/products (marketing, organic search, and paid ads)
Cash Flow Management & Financial Forecasting
- Forecast your revenue, expenses, and profit with clear projections over 6, 12, and 24 months.
- Identify cash flow risks before they happen. Increase your cash-inflows, and reduce cash outflows.
- Understand your financial position in real-time with personalised insights and reporting.
Efficient Business Structures
- Choose the right business structure for your situation (LLC, sole trader, or corporation).
- Asset protection strategies to protect your business profits
- Reduce risk with cross-border protection, including multiple companies, currencies, and bank accounts.
Operations Review
- Identify bottlenecks in your workflows and get solutions to automate and streamline your operations.
- Optimise your tech stack and business tools for efficiency.
- Improve productivity with tailored systems designed for remote teams and digital businesses.
Should You Work With a Business Advisor?
Working with a business advisor service is ideal if you:
- Run a remote or online business and want guidance to scale smoothly.
- Operate as a digital nomad or expat entrepreneur navigating cross-border business challenges.
- Need to optimise your business structure for better legal efficiency and compliance.
- Have a small team and want systems in place to manage your business growth effectively.
- Plan to expand internationally and need advice on entering new markets or managing multiple currencies.
- Are making great revenues but your profitability + cash in the bank is super low.
A business advisor should fit your schedule and unique needs. They should be an extension of your core team.
Step 1: Initial Consultation & Goal-Setting
A business advisor should always begin by understanding your business, goals, and current challenges. In the first session, we’ll talk about what success looks like for you and identify key areas where they can provide the most impact.
Step 2: Customised Recommendations
After the initial consultation, we’ll provide a tailored business strategy that aligns with your goals. This includes specific action points and timelines, with a focus on practical results and measurable growth.
Step 3: Ongoing Support & Monthly Reviews
Business doesn’t stay still—and neither do we. We provide ongoing support, adjusting strategies as your business evolves. Every month, we’ll review your progress, talk through financial insights, and create new opportunities for you to expand your reach.
Why Work With Adventure Tax?
We get it—there are plenty of business advisors and consultants out there. It can be hard to decide who to work with. Here’s a few ways we can help:
- Specialising in Online Businesses: We specialise in supporting online businesses (eCommerce, digital nomads, course creators) operating across borders.
- Simple, Actionable Advice: No complex jargon—just practical steps you can action today.
- Financial Expertise + Strategic Insight: With deep knowledge of corporate structures, financial reporting, and marketing, we provide holistic advice that applies to every area of your business.
- Flexible Support: Whether you need a one-time consultation or ongoing guidance, we can align with your business goals and schedule.
What’s the Investment?
Our pricing depends on your requirements and the time involved. We do monthly packages for 3, 6, or 12 months depending on your needs. Packages range from $1,000-3,000 per month. One-off projects start at $500.
Ready to Hire a Business Advisor?
Don’t let the stress and complexities of business slow you down. Ge a business advisor onboard to help work smarter, not harder, wherever you are in the world. Book a free 30-minute consultation with Adventure Taxes today.
about adventure tax
Years of Experience in
Tax Accounting + Digital Marketing
Australian
Tax Returns Completed
Clients Helped with Tax and
BAS lodgements