Business Structure Review:

We will review and report to you regarding the appropriateness of your existing business structures from a legal, taxation and family perspective together with alternatives that may be more effective.

Taxation Planning/Strategies:

We will review and organise your affairs so that, as far as legally and commercially viable, your taxation planning and strategies are relevant, from complex arrangements through to the most ordinary transactions, ensuring that you are organised as tax effectively as possible.

Business Plan:

We will help develop a high-impact business plan for your new or existing business, determining what it should become and how it can best achieve that goal. We will explicitly link your objectives to the actions and resources required to achieve them.

Finance/ Capital Review:

We will undertake an analysis of the forms of financing used by your business to determine whether they are cost efficient, tax effective and appropriate to the needs of your business. This will be performed together with a review of your capital structure, taking into account financing, income tax and capital gains tax implications.

Business Valuation:

We will prepare unbiased and confidential business and professional practice valuations for a variety of reasons, including, but not limited to, estate and succession planning, disputes and litigation, mergers, restructures, acquisitions and disposals.

Net Worth Assessment:

One of the best indicators of achieving your financial goals is real improvement in net worth. We will prepare an annual assessment of the consolidated net worth of all assets owned/controlled by you to measure this improvement.

Business Systems Appraisal:

Fundamental to good business are good business systems. We will conduct an appraisal of existing systems and report to you on their effectiveness, short comings and ways to achieve improvement.

Accounting Systems Appraisal:

Our appraisal will ensure that your accounting systems are appropriate for your business circumstances, efficient, compliant and capture all transactions and information necessary for timely reports to meet your regulatory requirements and to assist your decision-making processes.

Software Applications Appraisal:

Our appraisal will ensure that your software applications are appropriate for your business circumstances, up to date, efficient, easy to use and that they assist you with your business information requirements to achieve a competitive advantage.

Risk Mitigation Plan:

Following established methodologies, we will assist you in taking a proactive stance against the many risks that can be disruptive to your business. We will develop a fluid plan serving to minimize disruptions and financial loss from minor through to major events, ensuring the uninterrupted provision of operation and services.

Salary Packaging:

Salary Packaging can offer greater flexibility of a employees' remuneration to match their individual lifecycle choices. We will help you to provide your employees with legitimate options to maximize their take-home pay through the restructuring of salaries, allowing employees to receive part of their remuneration in the form of benefits rather than receiving it all in salary. We will assist with the preparation of agreements and accurate reporting and records.

Asset Register:

The establishment and maintenance of a register of all valuable assets is desirable for income tax, capital gains tax, business succession planning and estate planning purposes. We will develop a register recording all information required for each of these purposes.

Register of Financial Commitments/Undertakings:

The lack of records of both actual and contingent financial commitments often leads to misunderstanding and underestimation of liabilities. We will develop a register outlining the nature and all relevant details of all such commitments.

Business Succession Plan:

We will establish a plan to ensure your business continuation and help to maximise the return for the founders of the business after a change in leadership. The existence of a succession plan emphasises your commitment to your business long-term growth and creates confidence with customers, lenders, employees and key suppliers.

Outsourcing of Administrative and Processing Functions:

To allow you to work on your business rather than be bogged down in the grind of your business, we will provide comprehensive administrative and processing services in the following areas:

• Suppliers purchase invoices, payments and creditor ledger maintenance
• Customer sales invoices, receipts and debtors ledger maintenance
• Employees payroll and related records
• Business surveys and statistical returns

Insurance:

We will assist you with the extraction of the correct information to assist with declarations and determinations of level of cover for:

• Workers compensation insurance
• Consequential loss insurance

We will also provide assistance with claims arising.

Corporate/Trustee Secretarial Services:

We will attend to legal requirements including:

• The review and lodgment of the ASIC annual statement
• The preparation of statutory financial reports
• The preparation of directors/trustee minutes/resolutions
• The maintenance of officer/member records/notices
• The provision of registered office services
• The maintenance of register of charges

Key Document Review:

Often overlooked is the need to ensure that key documents that govern your business structures are appropriate to you current circumstances, that they do not create adverse tax or estate planning consequences and that they reflect recent changes to relevant laws. We will undertake a review of these key documents and provide advice of necessary or desirable changes or assurances of their appropriateness. For example:

• Company constitution
• Trust deed
• Partnership agreement
• Shareholder/partner exit agreement