Craig Wood

Craig Wood Email and Phone Number

Director and Business Advisor @ Brisbane City, QLD, AU
Brisbane City, QLD, AU
Craig Wood's Location
Greater Brisbane Area, Australia
About Craig Wood

More profit, more cash, less headaches.This pretty much sums-up what most business owners want and what I focus on when helping owners to make their business a saleable asset. This is in addition to pursuing board positions, business acquisitions (where annual turnover is $2m - $5m), and undertaking small-scale property developments.Having started my career in Chartered Accounting when I was 17, I’ve spent more than 30 years being involved with private business of all shapes and sizes, in an accounting, investment/ownership and advisory capacity.From being chased by forklifts at a major fruit market when visiting a client, to helping shape a strategic plan for a large finance business, the diversity of businesses I’ve had the good fortune to have had involvement with over the years has been very enlightening.Whilst I commenced my career being heavily involved in tax, as the years progressed and I started owning interests in some businesses, I found myself becoming more engrossed and involved with logistical, strategic and growth issues surrounding a business.This has led me to move towards working with business owners who want to make their business a saleable asset and determining the best approach to realise this goal.A common consequence of undertaking this process is that business profits and free cash-flow generally increase as well.Of particular interest is the changing nature of businesses, with the advent of technology and the impact this has on the scope and timeliness of scaling content and newsletter businesses.Discussing the benefits of advisory boards for SMEs, providing strategic input and explaining how these can potentially aid the business owner in achieving what they want, has also been a focus.Some recent wins have revolved around providing an independent assessment of a particular situation to a business owner and then helping with formulating a plan to move forward. This eventually resulted in a business sale that had previously fallen through being successfully consummated for the vendor’s desired price and terms.On the flip-side, saving a business buyer $15m on the potential purchase of a business which he ultimately walked away from, due to a misunderstanding regarding various financial and operational aspects, was very gratifying.I also find great enjoyment in providing financial education courses for business owners and investors.

Craig Wood's Current Company Details
Sculpt Accountants & Advisors

Sculpt Accountants & Advisors

Director and Business Advisor
Brisbane City, QLD, AU
Craig Wood Work Experience Details
  • Sculpt Accountants & Advisors
    Director And Business Advisor
    Sculpt Accountants & Advisors
    Brisbane City, Qld, Au
  • Sculpt Accountants & Advisors
    Director & Business Advisor
    Sculpt Accountants & Advisors Feb 2019 - Present
    We work with those business owners, generating turnover of $1m - $5m, who want to make their business a saleable asset and recognise this takes the right investment.Our goal is to ensure that your business works for you … in a way that allows it to grow and become a saleable asset, without necessarily chewing-up more of your time.Part of this process can result in more profit, more cash and less headaches.In essence, we follow a very simple formula:Understanding your numbers = making better decisions = growing profits and building asset valueUnderstanding the numbers and drivers of the business and how any changes to these drivers effect the growth of the business, also gives the key insights required in order to determine HOW to move forward.Our services therefore include:- Acting as your virtual CFO/financial controller (allowing you to understand your business numbers (financial and otherwise), operating structure and performance metrics);- Acting as your strategic partner, including participating on Advisory Boards;- Providing stand-alone virtual consultations;- Providing stand-alone business & financial education courses (for owners, staff and investors). We restrict the number of businesses we work with and treat every business uniquely, based on the dynamics they each process.
  • Craig Wood
    Sabbatical
    Craig Wood Jun 2017 - Jan 2019
    Brisbane, Australia
  • Lutz & Associates
    Director
    Lutz & Associates Jul 2014 - May 2017
    As a director, we helped growth-orientated clients get what they wanted from their businesses by concentrating on business growth, cash flow improvements and providing sound business, strategic and taxation advice.For offshore investors looking to establish investment or business structures here in Australia, we also offered expert advice and personalised solutions.Having the right people in our firm to help our clients find solutions was paramount to who we were and we had a great team!It was wonderful to see not only our clients develop and grow but also our team members as they built relationships with our clients, learnt more about their businesses and ultimately offered even greater solutions.Professional Accreditations:• Chartered Tax Advisor - Taxation Institute of Australia;• Member of the Institute of Chartered Accountants;• Graduate member of the Australian Institute of Company Directors.
  • Lutz & Associates
    Associate
    Lutz & Associates Jun 1998 - Jun 2014
    My main role is to look after clients' taxation and business affairs, as well as assisting with the strategic direction and growth of the business.This involves negotiating, persuading and influencing clients, staff and other stakeholders of the business, at various times to obtain a win-win result.I also mentor and develop the staff of the business and am heavily involved in co-ordinating the transition from technician to manager.
  • Ernst & Young
    Manager
    Ernst & Young Jan 1987 - Sep 1996
    Commenced my career at Ernst & Whinney, which subsequently became Ernst & Young and spent the next 10 years learning what people did well in business and what areas demanded more focus and attention.

Craig Wood Education Details

Frequently Asked Questions about Craig Wood

What company does Craig Wood work for?

Craig Wood works for Sculpt Accountants & Advisors

What is Craig Wood's role at the current company?

Craig Wood's current role is Director and Business Advisor.

What schools did Craig Wood attend?

Craig Wood attended University Of Southern Queensland.

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