Business Development
Strategic Planning
This is the process of determining a business’s long-term goals and then identifying the best approach for achieving those goals. We can assist in defining your goals and how to achieve them.
Business Plans
The business plan takes the goals set by the strategic plan and determines how those goals will be achieved. It incorporates marketing strategies, team requirements, financial strategy and performance projections – it is an incredibly useful tool and should be considered a blueprint for building success. Our team have years of experience in the preparation of business plans for our clients.
Analysis & Monitoring of Key Performance Indicators (KPI)
Every business has a particular activity or function that indicates how it is progressing in respect to its long-term goals. These are called Key Performance Indicators (KPIs). Whatever KPIs are selected, they must reflect the business’s goals, they must be key to its success and they must be quantifiable (measurable). Along with selecting the pertinent KPIs for you, we can also analyse and monitor them.
Management Advice
We can supply up-to-date suggestions and any specialised management issues you may require.
Client Advisory Boards
Create an extraordinary business by listening to your customers. We know that clients often leave a business not because the business was technically incompetent, but because of the way the customers were treated. By inviting your customers to share their experiences, we can determine how to serve them better in the future.
Budgets and Projections
In these uncertain times it is absolutely essential for a business to prepare budgets and cash flows in order to chart their expected performance and more importantly monitor and analyse their progress. We can assist you in all aspects of preparation, monitoring and analysis. We can also answer that eternal question: “If I made all this profit, where did my cash go?”
Business Structure
It is important to choose the correct business structure that assists with the protection of your assets and allows the business to grow. The structure also should allow for flexibility to assist with taxation.
We can assist with the establishment of your structure and the maintenance of the structure.
Asset Protection
In Australia, asset protection is particularly important as we are considered to be one of the most litigious nations in the world. With individuals and businesses at risk of potential claims and with an increasing number of Australians engaged in professional and small-business fields, asset protection is more relevant than ever. So, it makes sense to have a sound asset-protection plan in place.
Estate Planning
Estate Planning involves the review, management and control of your personal, family and business affairs while you are alive and when you pass away.
Estate Planning can be as simple as having a Will, but often involves powers of attorney, enduring guardianships and sometimes more.
A well-considered Estate Plan can cover your:
- current lifestyle needs
- your retirement plans
- your business arrangements
- your tax position
- future critical events such as divorce
- health scares and family disputes as well as ensuring your assets go exactly where you wish them to go.
Wealth Creation
Wealth creation includes wealth strategies to manage your expenses, maintain and increase your asset base, manage your financial liabilities, and manage your overall financial risk. We can help you make the right decisions to increase your wealth.
Superannuation
Superannuation is a great asset for asset protection and has may taxation advantages to encourage you to provide for your retirement. Our office can assist with Preparation of accounting records and income tax obligations. We are also registered self managed superannuation fund auditors.
Accounting
Our staff are conversant with cloud accounting and desktop accounting programs and can assist in the preparation of your year ended accounting records. We can also assist with the preparation of budgets and cashflow projections.
Taxation
We are registered tax agents with the Australian Taxation Office. We can assist with the preparation of your income tax returns and business activity statements. Tax Planning is an important role that we play to ensure that great decisions are made to maximise tax deductions.
Business System
Business systems are sometimes the downfall of a business as they do not have procedures or policies in place to ensure the smooth running of the business. In some cases these procedures can be enhanced by using technology or just simple checklists. We have a wealth of experience in this area and are only too happy to help your business grow by improving your systems.
Bookkeeping
We are only too happy to assist you with maintaining your accounting records. There are are a number of popular accounting systems the business use these include
- Xero
- MYOB
- Reckon
- QuickBooks
- Toolbox
- Others
Cloud accounting is very popular with the ability to store your records on the cloud and access them from your desktop, smartphone and tablet from anywhere in the world that has internet access. The other advantage is that you can populate your accounting file with the bank records and allocate them rather than keying them in from scratch.
We have a number of bookkeepers that we refer work to that can assist the onsite maintenance of your records.
