Business Structures

Deciding on a structure is an important first step when setting up a business – it is also one of the most daunting.  We can help you structure the legal and financial aspects of your new business.  We have assisted many start-up businesses with the following:

• Deciding on the most suitable structure for your business - Sole trader, partnership, or a limited company. It is important you start your business with the right foundation to achieve your goals
• 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
• Business & personal risk mitigation and asset protection

Business Formation

Once you have decided on a structure we can assist you with:

• Australian Business Number and Tax File Number registration
• Completing registration procedures with the Australian Securities and Investments Commission
• The management of your ongoing company secretarial obligations
• Setting up a recording system for your internal use and for complying with statutory requirements
• Financial modelling and forecasting to help you come up with a realistic picture of cashflow and capital needs
• Identifying risk factors to your industry and business model
• Short and long term planning and sustainable growth advice
• Building a strong working relationship with your bank
• Referrals to various lending specialists from our network if required

Cloud Accounting Solutions

We can help you choose the right technology solution for your business.  A good cloud solution can put you in a strong position to fully realise your business potential.  It should also allow you to spend less time with your head in the books and more time running your business.  We partner with both Xero and MYOB and have experience with a host of other industry specific platforms.  

Whichever solution you choose, it should:

• Facilitate up to the minute accurate reporting to track your business performance
• Help you understand your numbers at a glance
• Provide a level of data security
• Provide you with opportunities for improved efficiency through automation

If there are particular systems you use for invoicing or Point of Sale there may be opportunities to “App Stack” – integrate these systems with a cloud solution to build a dynamic user interface specific to your business needs.