Helping small business grow.
As as small business, you need to focus on looking after your clients and growing your business. We can help you focus on the what you do best, while we take care of all things things accounting, tax, money and numbers in your business.
It’s important to know exactly where you are in your business right now so you can plan for the future. When we first meet, we get to know you, your business and your current systems and structures so we can best advise how to achieve your goals.
Do you need a more clear business plan? What’s the best business structure for you? Is cash-flow an issue? Are you working in the business rather than on the business and hindering your growth? What are your long term business goals? Do you plan to sell the business at some stage? What is your business growth plan?
There’s so much to consider when running a small business and things change over time too. Having a trusted advisor by your side is crucial.
Tax & Compliance
Peace of mind knowing you are fulfilling your obligations and on the path to success.
Keeping up to date with your tax obligations, lodging your BAS statements and your annual tax return on time are some basic requirements of running your own business. They can also be a source of great stress for business owners as they try to juggle all their responsibilities.
But tax & compliance is about more than just ticking boxes and meeting deadlines. Careful management of your accounting and tax obligations will set you up for success. That’s why having a reliable proactive accountant is key if you want to prosper and minimise your tax over time.
We can help prepare and lodge your BAS on time.
Whether you want us to review your BAS and lodge it yourself or if you want us to take care of the whole process, we are here to help.
Get back to what you need to be working on and we’ll ensure you are compliant and avoid nasty fees for late lodgements.
We are small business tax specialists and whether you are a sole trader, a company or partnership we can prepare and lodge your tax return on time.
We will liaise with the ATO where needed and ensure the process is smooth sailing too. From simple to complex requirements we will always communicate with you in plain language.
We offer affordable, friendly and professional service and help minimise the tax you need to pay each year.
Small businesses generally dont have the resources or budget to have an in-house finance person or CFO.
That’s where our Virtual CFO services come in.
With us as your Virtual CFO, you get access to an experienced financial professional at a fraction of the cost of a full-time employee.
Some of what we can help with are:
- Handle all the duties of a traditional CFO, but we can work remotely and on a part-time basis.
- Monitor the financial health and well-being of your business.
- Offer financial insight and guidance on all business decisions and any issues that arise.
- Provide back-office functions such as managing accounts ledgers, depending on your needs.
Contact us today to see if our Virtual CFO service is right for you and your business.
We can help you setup budgets and financial forecasting for your business and review them periodically to keep you on the right track.
Budgeting and financial forecasting are powerful tools you can use to plan (budgeting) and ensure you are heading in the right direction (financial forecasting).
Your budget will include things like:
- Estimates of revenues and expenses
- Expected cash flows
- Expected debt reduction.
Your budget will be compared to actual results to calculate the variances between the two figures.
Budgeting represents a company’s financial position, cash flow and goals. A company’s budget is usually re-evaluated periodically, usually once a year.
On the other hand Financial Forecasting estimates a company’s future financial position by looking at past data.
It’s important that your financial forecasting is updated regularly at least on a quarterly basis to allow for change in the business and market and ensure you are making informed decisions.
We are proactive accountants which amongst other things means we don’t just see you once a year to lodge your tax return.
It’s too late by June 30 to start thinking about minimising tax. That’s where tax planning comes in.
We like to meet or talk with our clients at least once a quarter so we can put things in place ahead of time to minimise the amount of tax you pay each year.
Starting a business
Congratulations! You're at the start of an exciting and rewarding journey.
Starting your own business is an exciting time. There is a lot to consider and there are some key things that you need to get right from the start if you want to minimise stress and costs down the road.
Like building a house, you want to make sure your business is built on strong foundations.
Choosing the right business structure for your business should be one of your first considerations.
Should you be a sole trader? Or is a trust structure and company more advisable? Perhaps a partnership makes more sense?
We can help advise and assist with setting up your business structure as well including registering you business for GST if applicable.
Have you thought about your business name? This is the name that you will trade under. It’s important to check to see if the name you want is available before you become too attached to it.
It’s also a good idea to see if the domain name is available at this time as well.
We can help you register you business name and guide you through the entire process.
Setting up payroll can be a bit daunting when you are first starting out, but we are here to help.
We can advise on all things payroll – from superannuation to your obligations as an employer and everything in between.
We can setup payroll in your accounting software and can even manage your payroll if required.
With all the hard work you will put into your new business, it’s important that you ensure it’s protected. We can connect you with experienced business insurance experts to tailor a policy to suit your needs.
We can also advise on whether audit insurance is advisable.
Not all accounting software is created alike. Each one has it’s different features and benefits.
We can consult with you and advise the best solution for your needs and budget.
We can also provide ongoing training and support to make the most of your accounting software.
Small Business Advisory
More than just
accounting and tax.
We work closely with our small business clients to help them with much more than just their accounting and tax considerations.
We have extensive small business advisory experience and also have a network of trusted professionals to ensure you get the right advice in all aspects of your business.
Choosing the right business structure for your business should be one of your first considerations.
Should you be a sole trader? Or is a Trust structure and company more advisable? Perhaps a partnership makes sense?
We can help advise and assist with setting up your business structure as well including registering you business for GST if applicable.
The ability for your business to access finance when needed is key if you want to take advantage of opportunities to grow.
From business loans to lines of credit and equipment finance, we have a trusted network of finance professionals we can connect you with to help you reach your goals.
If you want to protect your legacy and look after the ones you love planning early is the key. We can help with succession planning in family businesses or partnerships.
We can also connect you with experienced lawyers who can put things in place to ensure your wishes are followed.
Where are you on your business journey?
