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Explore all careersA Small Business Financial Advisor helps owners enhance profitability by analysing cash flow, budgeting, and taxation while offering tailored strategies.
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In Australia, a full time Small Business Financial Advisor generally earns $1,731 per week ($90,012 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
This industry has seen a slight decrease in employment numbers over the last five years. There are currently 24,100 people employed in this field in Australia and many of them specialise as a Small Business Financial Advisor. Small Business Financial Advisors may find work across all regions of Australia.
Source: Australian Government Labour Market Insights
If a career as a Small Business Financial Advisor interests you, consider enrolling in a Certificate IV in Finance and Mortgage Broking. You could also consider a Certificate IV in Financial Services, a Diploma of Banking Services Management or a Diploma of Finance and Mortgage Broking Management.
A Small Business Financial Advisor works with owners of small businesses to improve their profitability. You might find ways for businesses to increase their profit margins, find new customers or take the business in a new direction. Small Business Financial Advisors look at issues such as cash flow, budgeting, taxation and cost of overheads. You might make overall recommendations for the business to improve or develop strategies for particular business areas.
Small Business Financial Advisors need to have good personal skills and be able to communicate with business owners in a range of industries. You need to be able to listen to their individual circumstances and understand the issues involved. Small Business Financial Advisors should be good with numbers and have strong attention to detail.