Are you thinking of setting up a new business, but don’t know where to start? Let us help you to turn your business idea into a reality.
We can assist you to:
Decide on the most suitable structure for your business – Sole Trader, Partnership, Trust or Company
Complete registration process with Australian Securities and Investments Commission (ASIC)
Apply for ABN and TFN
PAYG withholding and GST Registration
Prepare a business plan, cash flow projections, budgets, and forecasting.
Assess your financial requirements, advise on the best sources of finance, and draw up the necessary proposals
Establish a good working relationship with your bank and set up a new business account
Deal with company secretarial issues
Set up an Accounting system for your internal use and for complying with statutory requirements
Accounting
Book Keeping Services
Using our booking keeping services, you are able to track the progress of your business to potentially further increase your profits by saving money and time. We ensure that you lodge your BAS and PAYG on time; you pay correct superannuation contribution and we make sure that you are not under claiming or over claiming your GST.
We offer Onsite / Offsite Bookkeeping Services at a reasonable rate. We assess your situation and determine what best suits your business.
Every owner wants to know how their business is performing, therefore it is important for every business to reflect on their status in financial statements.
Financial reporting is a process of producing statements that discloses businesses’ financial status to management, investors and the government. This is a formal record of the financial activities and position of a business. The financial statement includes Profit and Loss, Balance Sheet and Cash flow statement.
Cash flow is the blood of a business. Good cash flow management helps to ensure that your business runs smoothly. Therefore, understanding cash flow is the key to running a successful business.
It is important that every business understand expected inflow and outflow of their cash; in other words, they are aware of their projected income and expenses within a restricted timeline, lasting yearly, quarterly’s or even monthly.
“Failing to plan is planning to fail” is a widely expressed quotation.
A business plan is a guide for your business that outlines goals and details of how you plan to achieve those goals. Business plan is a valuable roadmap for beginning and growing a business.
Our aim is to ensure your business achieves the potential it is capable of. We go through, assess and advise you to manage the key driving factors of your business. Some of the key factors to bear in mind for the successful business are: