Business advisory

Tax Planning & Optimisation strategy

We also develop a tax plan for March to June period each financial year for our clients. This includes typically assisting the client’s current financial situation, estimating profit and expenses and develop recommendations to achieve tax minimisation. Typically examples of tax planning are as followed:

Assessment of tax benefits on fixed asset acquisitions
Expense prepayment such as leasing rent and interest expenses
Utilising government incentives such as Investment Allowance and Small Business Write Off
Deferring income where possible
Appropriate use of superannuation contributions
Effective use of income tax losses and capital losses

Small Business Set-up & Structuring

We have extensive experience in providing commercially focussed advice to a variety of businesses across various industries. To generate your business’s best performance, we will have a comprehensive analysis of your circumstance based on the current business environment and your situation.

We will also establish a corporate relationship with your lawyer or financial adviser to build up safeguard for your business to maximise tax efficiency and minimise the relevant risk. We are the experts to develop strategic plans for your business.

Asset protection strategy

We introduce appropriate strategies to protect your assets from creditors and achieve tax minimisation. Those strategies included assistance in the following areas:

Limiting personal exposure to the debts of your business entity
Considering the use of an entity (public trustees) at the commencement of a business
Utilising superannuation to protect assets where possible
Separating assets into another entity

Assessment of tax benefits on fixed asset acquisitions
Expense prepayment such as leasing rent and interest expenses
Utilising government incentives such as Investment Allowance and Small Business Write Off
Deferring income where possible
Appropriate use of superannuation contributions
Effective use of income tax losses and capital losses

Business Plan & Cashflow Forecast

We have an excellent development process regarding your business plan to help you achieve your organisational goal. We can either assist you with fill-in the details in the franchisors’ business plan template or work with you to generate one, as it is incredibly crucial when you are seeking bank finance.

You will also need to prepare a cash flow forecast and profit projections for your business, along with the business plan. Again, we are here to help, as we have a team of specialists to prepare those reports and put them together for a third party’s use.

Business Buying & Selling Assistance

We provide professional advice on preparing a business for sale and assisting with assessing and purchasing a new business.

The key to business selling is to demonstrate the value and potential of the business to prospective buyers. With our help, we can ensure that you have:

Robust valuation of the assets, goodwill and profit potential of the business
Strong business systems in place
Succession plan (how the business will operate without the current owner)
Professionally prepared financial documentation to provide to potential purchasers

Note: The financial documentation includes a comparatively complete set of financial statements for presentation to brokers and potential purchasers.