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Starting a new company or business?
Are you starting a new business in Perth? Great! It’s going to be an exciting journey. But before you start, it’s important to establish the right foundations to achieve success. Our team of Certified Practising Accountants, business improvement specialists, financial planners and finance brokers in Joondalup and Perth can assist with business advice to help you avoid future problems and start off on the right foot.
We’re offering a FREE initial business consultation to help you succeed! So if you’re starting a business and want to schedule your free consultation, please get in touch.
Here’s just a few of the things we’ll help you with:
Business and Investment Structure
Having the right structure in place is critical. A well-designed structure will help you protect your assets, minimise your tax and maximise your profits. We will consider your unique circumstances and explain the legal, financial and taxation advantages and disadvantages offered by each structure, with the goal of establishing a trading entity that positions you for success. Without the correct structure in place you may find that you have not suitably protected your assets or family home, and may end up paying excess income tax or capital gains.
Registration, Compliance and Tax Planning
When starting a business it’s important to be aware of both the initial registration procedures and the ongoing compliance requirements. We can help you with your initial legal preparation, as well as lodgments and registration for business names, trademarks, companies and trusts. Once you’re up and running, we can help you with annual tax returns, ASIC returns and other compliance requirements. What’s more, our tax planning will help you understand your projected future taxation obligations and provide you with options for minimising your tax and maximising your profits.
New businesses should think like big businesses in order to realise their full potential. A business that applies strategic business thinking and planning can achieve enhanced growth, higher profits and greater control over the direction of their business. We can show you how to develop a profitable business that is attractive for sale under any situation, as well as how to increase the sale value.
To maximise the value of your new venture, it’s important to plan how you will exit the business when the time comes and how to protect your family and other shareholders if an unforeseen event occurs. Are you aiming for a trade sale or to conduct an IPO? Do you plan to keep your business within the family or handover to another successor? It’s important to consider the goals and objectives of the potential buyers as well as the implications on your own tax and financial affairs. By planning for your exit before you begin, you can maximise the value of your asset when it comes time to transition.
We’re offering a FREE initial consultation for new business clients to help answer your questions and position your business for success.
To schedule your free consultation for business advice in Joondalup or Perth, please fill out the form below and we’ll be in touch.