Katherine Patel is a partner at HLB Mann Judd Chartered Accountants in Brisbane City. They are a member of an international group with offices across the globe. She works primarily within the property and construction and also Hospitality and tourism. She also is involved with the Brisbane News Young Entrepreneurs Awards which focuses on encouraging the younger business owners in our community and assist dealing with the hurdles of doing business in our current economic environment.
As a result she has been involved with clients in the innovation, information technology and venture capital investments in recent years. Her knowledge of commercial business operations and providing guidance to large private family business as well as small business gives her insight as to what is relevant within our region and how to achieve expansion, growth or succession within our market.
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5 Minutes with Katherine:
Q: How did you get involved in the Valley Chamber?
A: We were introduced by Amanda Cooper as we had an existing relationship between HSBC and HLB. She thought the opportunity to create synergy between our accountants and the chamber members would be beneficial to both parties.
Q: How long have you been a VCC member?
A: I have been a member for 4 years now.
Q: If you could go back to day 1 of your business what is the biggest piece of advice you would tell yourself?
A: Working in professional services involves dealing with people all the time. As long as you treat people with honesty, integrity and respect you will create a winning culture with your team which translates into a highly rewarding experience for our clients.
Q: What has been your biggest struggle in business?
A: Time and being able to switch off. Being something to everyone is not possible 24/7. So making sure you allocate time to recuperate without answering emails and phones is important.
Q: What is one of your most memorable business experiences – good or bad?
A: Restructuring a client to return from offshore businesses to Australia after 30 years away. The outcome was positive however the process took 12 months of planning and communications on how to manage the groups tax position upon returning.