Small Business Accounting Advisory
We’ve always believed in using the latest technology to put your small business ahead of the game, particularly in terms of accounting. Rockhampton and Yeppoon businesses, take note!
Before we get started, we set you up with cloud accounting and payroll via Xero. Then we start on the real work – focusing on the five areas of your business management – Compliance, Protection, Growth, Wealth and Succession.
Compliance
Compliance is essential to small business accounting operations to keep your finances in sync with ever-changing laws and regulations. We will look after:
- Business Activity Statements,
- GST Obligations,
- Financial Statements,
- Tax Returns,
- Managing ATO Audits or Disputes, and
- Tax Planning Strategies.
Compliance is the most basic level of our service, but it allows us to ensure that your ATO-related affairs are in order and not holding your business back. Plus, our tax planning service focuses on ways to make your tax work for you (and pay less of it where possible!).
Protection
This is especially important for businesses in the startup phase. Structuring your assets and ensuring that your business is attracting as little risk as possible is a wise move, and fits right in with our philosophy of protecting your financial future. While restructuring an incorrectly structured business can be painful, the long-term benefits far outweigh short-term inconvenience.
Growth
Our Business Development team are a fountain of ideas and knowledge for small business owners – especially when sometimes an outside perspective is all you need to make a good idea great. We’re (obviously) great with your small business accounting and ‘numbers’, as well as helping you improve those numbers with:
- Cash Flow Projections
- Profit Planning
- Business Performance Analysis
- Strategic Planning
- Growth Strategies & Action Plans
We’ll work with you to identify productive small business financial goals and provide the support you need to achieve those goals.
Succession
You’ve worked hard for your business, but the day will eventually come when you want to hand your greatest asset over to a new owner. This process starts up to 36 months (that’s three years) before you step down – we can work to get the maximum value from your business with:
- Business Succession Planning
- Business Valuation Report
- Sale Information Memorandum