Our Services

Business Clients

 

As a business owner, it’s important to have a good understanding of the financial performance of your business. We help you stay on top of this is by:

  • Preparing financial reports which show the performance of the business,

  • Reviewing these reports with you and highlight any areas of risk or concern,

  • Compare the actual performance of the business against the budget or benchmarks.

This means we catch up on a regular basis and assess how your business is performing. The steps we follow in this process are:

  • An Annual Planning Meeting (the starting point - 3 hours)

  • SWOT analysis with specific plans for action (your team involved)

  • Budget and Cashflow forecast (esp 3 month rolling forecast)

  • Monthly Management Meetings (Zoom meetings if necessary)

These meetings can have a stunning impact on your business. They bring you accountability and control of your business and let you see whether you’re still on track to achieve your goals.

Accounting & Tax

 

Accounting and Tax are the cornerstone of our practice. Our team of exceptional and qualified accountants can assist with:

  • Preparation of Financial Statements

  • Monthly Management Reports and Graphs

  • Preparation and update of Budget and Cashflow Forecast

  • Income Tax for all business structures and individuals

  • GST and BAS requirements and obligations, incl PAYG

  • Fringe Benefits Tax

  • Advice regarding the best structure to suit your current needs and plans for the future

Franchises

 

There are three specific areas to be sure you get right when running your franchise:

  1. Corporate Structure. It is critical your structure has been set up correctly. There are massive consequences if it hasn’t. Business risk and taxation are at the top of the list. They can be managed and need to be. We can assist in these areas to mitigate the risks and develop appropriate strategies.

  2. Intellectual Property. This lies at the very heart of franchising. Yes, it’s your logo and brand, but it’s more than that. It’s the way you do business, your systems and processes, your ‘How To’, your approach, your culture. Your heartbeat. These need to be clearly defined. And protected.

  3. Financial Model. The numbers have to work. Everyone needs to be making money, otherwise you’re sitting on a time bomb! The focus needs to be on partnership. For the franchisor to make money, the franchisees need to be making money. For the franchisees to make money, the franchisor needs to invest in them, train and support the franchisees. The financial model must allow for this. And the future development of the group, the brand and all those involved.

If you would like to discuss your existing franchise, or plans to develop a new franchise opportunity, then get in contact for a confidential discussion and review.