Business Advice.
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.
Unfortunately, many entrepreneurs decide to skip the research and planning around this stage as they often believe that they can either do it themselves or feel it’s too expensive.
9 times out of 10 we find that those that “self-diagnose” often end up with issues with tax, asset protection, and growing their business. In the long run, costing them thousands of dollars more.
Get it right from the start with help from our Gold Coast Accountants and Business Advisors.
Cashflow Forecasts and Budgets.
Accounting
Cash flow 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”
Without accurate cash flow planning and projections, it causes business owners to ‘fly blind’. Continuously dodging and weaving cash speed bumps in their business.
Cash is the air that all small businesses needs to survive. This service allows you to ensure you are to managing your cash flow effectively to improve your chances of long term success.
We assist our clients with cash flow planning, forecasting, and strategies.
Healthy Profitable Businesses.
Book-keeping
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.
Using a simple analogy, we sometimes compare the financial statements of a business to your body.
The balance sheet can be compared to your body, and the profit and loss represent how fast your body can run. For your body to run faster, it needs to be fit and healthy. The same goes for your business, the balance sheet needs to be in tiptop shape so that the profit and loss can be performing at its peak.
We would be your own personal trainer, making sure that 1) your business health is well maintained and 2) that your sales, expenses, and profit are performing where it should be.
Cashflow Forecasts and Budgets.
Accounting
Cash flow 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”
Without accurate cash flow planning and projections, it causes business owners to ‘fly blind’. Continuously dodging and weaving cash speed bumps in their business.
Cash is the air that all small businesses needs to survive. This service allows you to ensure you are to managing your cash flow effectively to improve your chances of long term success.
We assist our clients with cash flow planning, forecasting, and strategies.
Experts In ALL Your Business Solutions:
At Ideal Business Solutions we are experts in all variations of accounting software
