LJM Infotech

I want to focus more on my business and my day to day rather than following up with the accountant.

My name is Rama Madivada, Managing Director, LJM Infotech. I started my career in information technology as a software engineer/programmer. Over time I started my own business, and I was seeking some professional services, especially accounting.

That’s when I found Key Business Accountants.

Watch the video to get the rest of the LJM Infotech Story.

CASE STUDY

LJM Infotech’s Managing Director, Rama Madivada, shares how technology is evolving to assist humanity. Madivada started his career as a software engineer and programmer but soon realised the importance of human connection and relationships in problem-solving.

He ventured into the business world and sought professional services, particularly accounting, to focus on his day-to-day business instead of following up on accounts. Rama turned to Vlad, who was once his stakeholder and client, for advice on decision-making and direction.

Vlad, who provided advisory services for LJM Infotech, advised Rama on the right structures to ensure the business was protected. He also gave inputs on resource mix, cultural mix, cash flow management, and staffing. This advice was particularly useful for Rama, as he had to bring skilled labour into Australia to work on the edge of technology.

With the help of Vlad, LJM Infotech restructured its business to protect profits and access the working capital the business generated. This restructuring involved creating a holding entity and a trading entity.

Rama stresses the importance of finding an accountant who understands your business and is willing to invest their time to be a part of your journey. Building a relationship with your accountant allows you to be open about your ideas and receive advice.

LJM Infotech has grown sevenfold since working with Key Business Accountants four years ago, and Rama attributes this success to the relationship and understanding he has with Vlad. Technology may be evolving, but the importance of human connection and relationships in business remains a vital component for success.