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Chris Mulcahy

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Chris Mulcahy

Director

Area of Expertise: Chris specialises in Helping people plan, set goals and implement change to achieve goals. Also, working with farmers and businesses to develop succession plans to assist with the transition of business and assets. Finally, taxation planning, asset protection, business and asset structuring.

Qualifications: B Bus Commerce , Fellow of Institute of Chartered Accountants

Career Overview: Chris has the formal qualifications of Chartered Accountant but thinks much of his knowledge and experience is a result of growing up in a large family on a busy farm and being part of building the Mulcahy & Co business. “It’s one thing to sit behind a desk and tell clients what they should be doing. It’s another thing to have first hand experience of what you are recommending to clients. I think people value this and it is a big part of why we have been able to build trusting relationships with so many clients”.

Life outside PJT: When not at work Chris enjoys time with wife Tanya and 3 children, Will, Ella and Tilly. Living on 5 acres with a few sheep, chooks, motorbikes and garden there is always plenty to do! Over the past decade Chris has found the time to compete in around 25 Half Ironman 70.3 triathlons and 8 Full Ironman Triathlon races. This includes qualifying and competing in the Hawaii Ironman World Championships in 2013 and the 2014 70.3 World Championships held in Canada.

Quote: “Our vision is simple. Have the team, expertise, service and products to help as many people as possible achieve financial security.”

Queensland Government’s Tackling Alcohol-Fuelled Violence (TAFV) Policy Report

The Queensland Government has welcomed the final report of the independent evaluation of the Tackling Alcohol-Fuelled Violence (TAFV) Policy.

The two-year evaluation reported a promising decrease in some key measures of alcohol-related harm across Queensland and listed a series of recommendations.

Key recommendations which have been accepted in principle, subject to further consultation include:

Mandatory ID scanning

• Increasing the minimum duration of Queensland Police banning notices from 10 days to one month. • Limiting the amount of time venue-based bans remain on

Managing the Sale Process

Managing the sale process:  On a recent road trip I spoke with a lot of business owners who were in the process of selling. It amazed me that nearly all of these owners had some wonderful ideas about how the new owners could improve the business and what potential their business had.

It’s an interesting comment because whilst there may be potential unless some of that potential is in the profit figures it is usually something a buyer is not willing to pay for – it also raises a very simple

Discounting can kill your Brand

When business is tough, often times they’ll choose to cut prices, hoping that discounting will pull in some quick wins. But discounting has a dark side and one which long-term can really have a negative on your brand equity and the consumers you attract. Here’s why.

You see consumers don’t see discounts as a discounted price – they see these as the product’s true value.  For years now we’ve been educated to think this way by too many large retailers having sale after sale, a different discount strategy every week – which in

Qld Lockout Laws Change Again

The Queensland Government has had another backflip on Lockout Laws due to come into effect on 1 February.

What looks to be changing?

1am lockouts within Safe Night Precinct areas will no longer be implemented on 1 February.
State-wide end of alcohol service is now at 2am unless the venue is within a Safe Night Precinct which ends at 3am.
The number of one-off permits allowing trading until 5am is to be cut from 12 to 6 within Safe Night Precincts and use is limited to “special events” yet to be defined by Government.
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Sunshine Coast Accountants and Business Advisors