Business advisory — Perth, WA & Melbourne
BPS — Business Performance Services

Financial Management

Tyrone

$15.6m in funding secured and a growth plan the whole business is working to — Australia first, then the offshore markets behind it.

Results at a glance

Government equipment funding

$4.1m

R&D rebates and cash refunds

$5.5m

Private funding

$6m

Where they were

Tyrone was preparing for significant expansion across Australia, with overseas markets behind it. What the company needed was not another adviser but a board member — someone who could sit inside the governance of the business and facilitate and oversee the expansion as it happened.

Growth of that scale fails for predictable reasons: funding arrives in the wrong order, departments pursue their own version of the plan, and nobody is modelling whether the cash will be there when the commitments fall due.

  • Took a part-time CFO and board role, working inside the company's governance rather than alongside it
  • Secured government funding and private funding to underwrite the growth program
  • Established corporate and departmental strategies so every part of the business was expanding to the same plan
  • Supported those strategies with three-way financial forecasting, so growth stayed coordinated and sustainable rather than opportunistic
  • Extended the same framework to the overseas markets the company was entering

The outcome

What changed

The expansion is funded and coordinated. $4.1m in government equipment funding, $5.5m in R&D rebates and cash refunds over three years, and $6m in private funding — $15.6m in total — sit behind a growth strategy that departments are working to together, with three-way forecasting showing whether the next commitment is affordable before it is made.

Measured results

  • $4.1m in government equipment funding secured
  • $5.5m in R&D rebates and cash refunds over three years
  • $6m in private funding secured
  • Corporate and departmental strategies aligned to one three-way financial model

Recognise the problem

If this sounds like your business, the first conversation costs nothing.