Accounting & Business Services
Having a Solid Relationship With Your Accountant Can Be a Critical Determinant For Your Business To Achieve its Potential.
We are there to assist
Whether you’re starting out in your first business, or are a long established business, a solid business relationship with your Accountants is extremely important. In fact it can be a critical determinant whether your business is able to achieve its potential.
We can provide you with as much or as little Accounting support as you need. Perhaps all you need is the once a year formal accounts to be prepared for your business. At the other end of the spectrum, maybe you want to fully concentrate on your business and leave anything to do with accounting or book-keeping to us.
No matter what your needs or desires, we have the in-house skills and expertise to support you.
Many people think that all Accountants do is “crunch the numbers” … wrong ! We do much more than that. We can analyse your “numbers” and work out what part of your business is doing well and what part is not profitable. Your costs can also be analysed to see if they are out of sync with your turnover or similar businesses.
Cash flow management is extremely important in these days of Monthly or Quarterly tax obligations. We show you how to manage your cash-flow so that you’re not caught short when that big quarterly payment comes due.
Planning & Budgeting is also something that all businesses, big or small, should be doing. Whether you’re a self-employed tradie or a large business employing staff, you need to have an idea of what you’re trying to achieve in the coming year. Having done that, you need to monitor on a weekly, monthly or quarterly basis how you’re progressing against your plan. This allows you to take timely corrective action if things aren’t going to plan.
Apart from Accounting & Taxation specific matters, as Public Accountants we provide Business Advice on a range of issues.
Wanting to buy an established Business? Need professional advice on that business? Do you need a Due Diligence and/or a formal valuation of the business? Many lenders will need to sight an Accountant’s opinion before being comfortable enough to lend funds to the purchaser.
If you’re starting a new business and need funding, you may well be required to produce a professionally prepared Business Plan. A well prepared Business Plan challenges your assumptions and expectations of how well your business will perform. It could even make you change your business model and improve your chances of success. It not only helps you get funding, but it helps you prove (to yourself at least) that what you’re planning on doing is both viable and sufficiently profitable.
Having decided to buy or start a business, you need to decide your business structure. Should you operate as a Company, a Trust, a Partnership or a Sole Trader? Each of these have their own particular benefits and shortcomings and some (eg Trusts) can be extremely complicated. We can look at your situation and advise you on which structure, in our professional opinion, best meets your needs.
Wanting to acquire some Plant, Equipment or Vehicles? Should you buy outright, buy under finance or Lease? Again, we’re here to advise you on the best course.
As Public Accountants we have many associates in various industries that we can refer you to. Anything from Mortgage Brokers to Financial Planners are available to assist you with your specialised needs outside our scope.
The wrong decision could be catastrophic for you or your business. Don’t take any chances.