Business Services

Benchmarking


Have you ever wondered how your business performs compared to your competitors? What is their average bottom line? Are you spending enough on advertising? Are you paying too much rent? Are your staff costs too high? Surviving in today's business climate requires you to spend more time working on your business than in it. We can provide you with accurate, timely, informative benchmarking reports that enable you to:


  • See how your business compares to your competitors
  • Understand more about how the rest of your industry works
  • Analyse the key performance indicators in your industry


Equipped with this information, we'll work with you to develop action strategies that improve your bottom line.

Bookkeeping / Accounting


Modern business requires up-to-date, accurate financial information. We can relieve you and your staff of the enormous burden of all your bookkeeping and accounting needs, including:


  • Preparation of your annual accounts
  • Periodic management accounts for tax and planning purposes
  • Processing wages
  • Paying creditors and processing payments
  • Collecting and banking debts
  • Various secretarial tasks


We will discuss your requirements with you and provide information relevant to your particular situation, as well as constructive advice, on a regular basis.

Budgeting


A good budget is a necessity in a good business plan. It is one of the best business tools you can have, enabling you to set financial targets and measure your performance.


In addition to goal-setting value, budgets will often improve your chances of acquiring funding. Financiers often require budgets as a prerequisite for funding approval.


The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business. There are many types of budgets. We can help you design the right budget for your requirements.


Let us show you how a budget can provide feedback that helps you prepare for the future of your business!

Business Start-Up


If you have a good idea for a new business venture but don't have expertise in the legal or financial aspects of creating a new business, we can help you:


  • Decide on the most suitable structure for your business - Sole trader, partnership, or limited company
  • Prepare a business plan, cash flow projections, budgets, and trading forecasts
  • Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
  • Establish a good working relationship with your bank
  • Register for an Australian Business Number with the ATO
  • Complete registration procedures with the Australian Securities and Investments Commission
  • Deal with company secretarial issues
  • Set up a recording system for your internal use and for complying with statutory requirements


Let us help you turn your business idea into a reality!

Cashflow Forecasting


Are you holding too much inventory? Is this the right time to expand your business? Are you going to have enough cash to pay all your expenses every month? Surviving in today's business climate requires you to spend more time working on your business than in it.


We can provide you with accurate, timely, informative cash flow forecasting reports that enable you to:


  • Realise and understand when cash is available
  • Plan and prepare for expansion, stock control, and taxes
  • Analyse and anticipate key expenses


Equipped with this information, we'll work with you to develop action strategies that improve your bottom line.

Financing


A wide range of financing options exist each with their pros and cons. We can assist you in securing the best financing option for your personal and business goals by leveraging our extensive network of bankers, brokers and advisors. We understand how to structure debt upon acquisition, expansion or refinance to maximise tax advantages.


Let our experienced team explore the best financing options with you to get your business closer to its goals!

Management Consulting / Virtual CFO


Our aim is to ensure your business achieves the potential it is capable of. We have the knowledge and skills to offer advice that helps you run your business more effectively.


We are practiced in acting as a sounding board for management, bringing years of experience in business growth to the relationship. We can identify key performance indicators in your business, through which you will see positive changes occurring with the help of our team.


We check that your business is as competitive, focused, and profitable as it can be, then offer flexible strategies, designed to address the issues affecting your business.


Let us give your business a health check! Take the practical advice we can provide to ensure the ongoing success of your business.

Payroll Services


Administering your payroll can be time consuming and divert you from your core business activities. Added to this, payroll and employment legislation are growing increasingly complex.


We can relieve you of this burden by providing a comprehensive payroll service that includes:


  • Administration of PAYG, superannuation, personal leave, long service leave and annual leave
  • ATO filing via Single Touch Payroll
  • Summaries and analyses of staff costs
  • Administration of incentive schemes, bonuses, and termination payments


Even if you only have a few employees, you will save by engaging us to administer your payroll.

Portfolio Management


We offer a portfolio management service that makes handling your investments easy! We provide the people, tools, and methods you require to effectively review and analyse your investment portfolio with access to real time data at the click of a button to ensure your investments are handled in the most efficient manner possible.


We proactively liaise with your broker, advisor or financial planner to work as your collective advisory team to assist you in achieving your investment and financial objectives whilst ensuring we maximise the tax advantages.


Our team can also assist you in finding a licensed broker, advisor or financial planner using our extensive network.

Risk Management


A multitude of risks exist in today's business environment. We pride ourselves in our proven ability to accurately assess risk and protect you from vulnerabilities inherent in your business operations or family group. An effective risk management strategy improves the performance of your business, enables you to complete goals, and protects the value of your business.


Our risk assessment includes:


  • Assembling relevant information about your business and market
  • Identifying the major risks facing your organisation
  • Developing a risk strategy
  • Implementing the risk management procedures

Software Solutions


Let us help you make the right choice of accounting software. An appropriate accounting system will help you keep track of your cash flow and let you complete compliance obligations easily and give you back time to focus on running your business.


Choosing the right system for your business can be difficult. After all, there are over sixty accounting packages available in Australia. We are also Xero Partners, with all staff at  Xero Certified Advisors. We invest considerable resources into ongoing staff training to ensure we can recommend the best accounting solution for your business and provide the assistance you require to take the next step!

Strategic Planning


The pressures of daily business can often mean strategic planning takes a back seat, but to have a successful business it is vital to plan ahead. We'll help you develop a strategic plan that examines where you want your business to be in the next 3-5 years and exactly how you and your team can achieve these aims and objectives.


Your strategic plan will:


  • Define the characteristics of your company in three to five years
  • Identify your key business drivers
  • Define your objectives and financial goals
  • Include an effective implementation strategy to achieve your goals