Are you thinking of starting a new business? Or perhaps you have just started a new business and need help getting on track… Business Advisory has helped our clients open or expand their businesses almost every day.
When you start a new business there’s a lot going on, business name and structure registrations, business planning, tax registrations and the list goes on and on. It can be both the most exciting and stressful time of your life! At Key Business Accountants we help business owners start up worry free. We take care of all that is required leaving you more time to plan the business operation.
When starting a new business or expanding your business there is often so much to do it can be hard to know where to start, we can help with:
- Selecting and registering a suitable business structure, we do a detailed analysis of your needs and ensure that the selected business structure protects your assets, is tax effective and most importantly works for you. Once registered we will establish what other registrations are required and arrange them for you too. (E.g. tax file number, ABN, GST, PAYG withholding, fuel tax credits etc.)
- Setting up cash flow and profit and loss forecasts, do you have a set that both look good for the banks and work on a day to day basis? Effective forecasting and reporting is especially important for young businesses. Survey after survey proves that the more regularly you compile management reports on your business the more profitable your business will be and the less likely it is to fail. I review my business KPIs regularly
- Risk planning and mitigation. Business owners bear an enormous amount of risk; luckily many risks can be insured against or planned for. We can advise you on what risks you need to be covered for,
We help 2-3 new business owners start up every week, if you are looking to start your business or take the next step in your existing business then you need to talk to one of our business specialists. Call the office on 1800 979 888 for an appointment today.