Nick Sitchell

Nick Setchell is an accountant-turned-entrepreneur who realized that traditional accounting fails to provide the financial information that matters most to mid-market CEOs.

Nick Setchell’s Passion

Nick Setchell, the Director and founder of Practices Strategies Pty Ltd, is a passionate advocate of the use of powerful financial modeling software and tools in mid-market companies that gives mid-market CEOs the information they need to make better business decisions in real time.

The RealTime CEO offering evolved from Nick’s continuing focus on building world-class financial tools in a format that mid-market CEOs and their executive teams can utilise in their day-to-day business.


My sincere gratitude to you for expanding my vision. I have certainly become aware of a different perspective that will impact my business profoundly.

Diane K. Meehan

President Sacramento Public Works

Nick was able to add value to our practice and he has helped deliver to the firm significantly better returns.

Leon Loganathan

Managing Partner, Ward Keller

I especially like the "What If" tool because it shows me in real time the effects on return for the most critical decisions.

Steven G. Dignan

President, Nickle Electrical Companies

Hands down, one of the best presentations I've ever seen! Bonus points for doing so with severe jetlag.

John DiPietro

Principal, Domesticating IT

RealTime CEO tools are like showing a 19th century doctor 21st century medicine.

Allen Hauge

Vistage Chair, St Louis

I guarantee that Nick will help you and your team improve both the top and, most importantly, bottom line.

Shawn Regan

CEO Rhythmlink International, LLC

The RealTimeCEO app provides simple numbers that help me better improve my business and gives me the ability to challenge the future.

Toby Strong


Practice Strategies

Practice Strategies provides a range of services to businesses that have a genuine focus on improving their financial performance. Services include RealTime CEO software, RealTime CEO tools and consulting, performance improvement coaching, financial analysis and improvement, and process re-engineering and efficiency management.

Clients range in size from turnover of below $1 million AUD to greater than $1bn AUD. Using the Fiscal Focus framework and the RealTime CEO tools, Practice Strategies has analysed in excess of 1,000 businesses based in Australia, USA, Canada and the UK.

Practice Strategies has conducted in excess of 100 workshops for accounting practices in Australia, training those practices in the fundamentals of business analysis and business advisory services.

Practice Strategies has also conducted hundreds of Vistage workshops along with specialised workshops with senior managers of leading banks in Australia and the USA. These workshops involved coaching key bank staff in performing detailed financial analysis as part of their credit approval process.

The businesses that Practice Strategies works with are not specific to any industry. They do, however, have a common culture that improving their performance is their fundamental objective.

Nick's strategy

Nick Setchell is a Fellow of the Australian Institute of Company Directors, a Fellow and past State Chairman (SA) of the Institute of Chartered Accountants in Australia, and a Certified Speaking Professional with the National Speakers Association of Australia.

He has presented numerous seminars on business improvement and has spoken at many business forums, including the Vistage International Convention, ICAA Business Forum, The Executive Connection and The CEO Institute and has consistently received the highest level of audience feedback.

Nick’s career has predominantly been spent in executive positions managing a range of businesses in different industries.

Featured Video

Crystal Ball

Look into the future and validate decisions in advance asking 2 question: “Should We”and “Can We”

Featured Philosophy

Defining Direct and Indirect Costs

resource Issues to consider when defining Direct and Indirect Costs

Featured Module

Aspirational Revenue


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