accountant gold coast
accountant gold coast

Business Advisory

March 7, 2022

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Benefits of our Business Advisory Gold Coast Service

No matter what stage your Gold Coast business is at — just starting out, in the consolidation phase, or growing and expanding — working with one of our business consultants to review your business’ current financial position and develop future strategies can be an invaluable tool.

You should also consider engaging our specialist business advisory service if you are looking to buy a new business on the Gold Coast or elsewhere in Australia, as professional advice and guidance from our team can help to give you a much clearer overview of a business’ health with regard to growth potential, taxation status, outstanding liabilities, etc.

What can a Gold Coast business advisor do for me?

Our business advisory team provides independent and impartial consulting services for businesses at all stages of growth and development and in all industries, as well as if you are considering buying or investing in an existing business.

One of the most important functions our business advisors perform is to help you determine the appropriate legal structure for your new business, or assist you to transition to a new structure, e.g., from sole trader to partnership.

Why is it important to have the right tax and business structure in place?

Understanding and implementing the appropriate structure is very important before you establish or acquire a business. This is in part because restructuring at a later date can have substantial tax accounting, capital gains tax, stamp duty and other costs implications.

More significantly, the way your business is structured will also likely impact the amount of tax you pay, your tax responsibilities and liabilities, as well as your ability to protect your assets.

Our business advisory tax accountants, financial planners and bookkeeping specialists will support and advise you as you develop strategies to grow your new business, from the initial thought starter stage right through to launch and opening.

Ongoing business advisory services

Another of the most valuable services our business advisors provide is to assess the current performance of your business, taking into account company systems and processes, and then developing and putting in place plans for consolidation and future development.

Our business consultants can then continue to support you as you grow by providing services such as undertaking feasibility studies and developing a business plan. As you progress, we can also advise on tax minimisation, making acquisitions and putting succession plans in place.

Our business advisory accountants and consultants have experience providing advisory services for clients running Gold Coast businesses of all sizes and in all sectors, from brand new start ups to established companies, and our business advisory expertise extends to all areas of business performance, from maximising sales opportunities to setting targets.

How our Gold Coast business advisory services can help you grow a successful business

Our business consultants provide informed, independent support and advice services designed to help you maximise your business’ performance, as well as developing plans and strategies for future growth.

The range of services includes working with you to set KPIs, developing business strategies, setting targets, and undertaking feasibility studies when you are looking to expand the business into a new market at home or beyond.

Specialist small business consultants

We work with organisations of all sizes, but we have a particular affinity for working with local small businesses.

Our business advisory accountants can ensure that you have the right structures in place, enabling you to minimise both your costs and taxation obligations, identify and prioritise risks, and then plan with confidence so you have the best possible chance of attracting clients, developing into a successful business and making money.

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Get it right from the start with help from our Gold Coast Accountants and Business Advisors.

A trusted advisor is an invaluable resource

Working with a team of professionals to understand the ins-and outs of your specific enterprise is crucial in starting and maintaining a successful business.

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Business Structure Advice

If you’re serious about starting a business, then you must first take into consideration what type of entity (sole trader, partnership, company or trust) you will be operating in.  The right advice is crucial to ensure your business is set up as best as possible for success.

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Cash Flow Forecasts and Budgets

Cash flow management is one of the most important factors which determines whether a business succeeds or fails. Unfortunately, most business owners focus on Sales and Revenue and forget about the importance of “cash in the bank” 

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Healthy Profitable Businesses

An integral part of our business growth advisory that we provide to clients is ensuring that you understand how financial statements work in layman terms.

Nothing fancy, just the right information you need to make the right decisions. 

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Proactive, Forward-Looking Advisory

Our accountants help you make informed decisions in your small business.

Tax accounting is generally based on historical figures, focusing on prior year financial statements. Although these are still useful and essential for planning, it does not allow for accurate future projections.

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Key Performance Indicators

This service is a two-way relationship.

Our team of Gold Coast Accountants will do the hard work in figuring out the essential numbers that need to be tracked, monitored and reviewed.  

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120% Tax Deduction

The ATO has announced a number of changes which allow businesses to claim a 120% tax deduction on technology, or skills and training for their staff

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We offer a variety of accounting services to suit your needs and budget.

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Join our newsletter.

Get the latest tips and stay updated.

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Get it right from the start with help from our Gold Coast Accountants and Business Advisors.