When is it time to speak to a professional?

RSM's talkBIG Podcast

In this episode of the talkBIG podcast, host Andrew Sykes is joined by a lineup of seasoned professionals from RSM, each bringing their unique expertise to the table. We explore the wide world of professional services to try to pinpoint when, exactly, it’s time to speak to a professional.

People often try a very DIY approach to things, and sometimes that’s appropriate – for example: you don’t need an electrician to change your lightbulb but you should hire one if you’re rewiring your kitchen. In this episode, we explore the question from a business and personal finance perspective to determine the exact line in various professional and personal scenarios where consulting a professional is not just advisable, it's mandatory.

This episode is a treasure trove of knowledge for anyone seeking professional advice on a range of financial and business matters, from IPOs and wealth management to cyber security and R&D tax incentives. Tune in to gain valuable insights from these industry leaders and learn when it's time to call in the experts.

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Thanks for listening! Visit the RSM Australia website to ask the hosts a question.

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1. Intro (00:00:00)

2. When do you need an accountant to help with your tax return? (00:02:00)

3. When do you need to see a professional to “go IPO”? (00:03:20)

4. When should you consult with professionals regarding your family’s legal matters? (00:08:40)

5. When do you need a financial adviser? (00:10:55)

6. When is it time to reach out for professional assistance with raising capital – or funds-- for your business? (00:14:11)

7. What are the signs you need to speak to an insolvency or bankruptcy adviser? (00:17:02)

8. At what stage in the process should businesses be reaching out to an R&D tax specialist? (00:21:09)

9. Who needs cyber security? (00:26:22)

10. When you need professional support with your technology stack and digital services? (00:30:36)

11. What is the difference between sustainability services and ESG services? And when you might need to consult with one of these professionals. (00:32:42)

12. Outro (00:37:40)