Business Advisory

We see every business as important, no matter how large or small.  There’s always opportunity for your business to thrive and grow.

accounting services

Accounting & Taxation

We offer a full suite of tax compliance services that you would expect from your Accountant. Taking a strong interest in you and your business we assist to implement sound tax planning strategies based on pre-determined objectives.

  • Financial Statements, annual / interim
  • Tax Compliance – tax returns / BAS
  • Business Advisory
  • ASIC Corporate Services

Business Mentoring and performance analysis

To assist with sound decision making, we encourage you to step back from day to day business operations and take a helicopter view of the business. Your business mentor will work closely with you allowing you to gain more insight into how your business is performing and what areas need attention or change.

  • Key performance indicators (KPI’s) creation and analysis
  • Set meetings to discuss results and create action plan
  • Performance Reporting
  • Industry Benchmarking Reporting
  • Business skills coaching
business mentoring
asset protection

Asset protection & structure

It is critical to have the right legal structure for you. Your structure should be both tax effective and protect assets for you and your family.

  • Establishment of Companies / Trusts
  • Registering your structure for the necessary ATO registrations
  • Review of your current structure in line with your future plans

Business start-ups and acquisitions

Starting your business can be exciting, but it is important that you don’t overlook key elements from the beginning. Getting it right from the start can assist in avoiding problems down the track.

  • Business structure and asset protection
  • Due diligence for business purchases
  • Budgets & Cash flows
  • Ensuring business compliance
business start ups
selling a business

Selling a business

Preparing your business for sale should occur well before the business is placed on the market.

There is a range of items that can be undertaken to ensure the best outcome for you. These include analysis of; systems, processes, independence of the business from original owners and profitability.

  • Taxation advise to minimise capital gains tax on sale
  • Review of business for the purpose of current/future sale
  • Independent business valuations
  • Liaising with prospective purchasers and their Accountant

Cloud / online bookkeeping

Many businesses are now benefiting from the use of cloud accounting. There are many advantages including online access from any device, increased efficiency, less worry about losing data and cost. We are authorised representatives of both MYOB and Xero and have bookkeepers on hand that can assist you choose the right software for you.

  • Setup MYOB and Xero
  • Tailoring your software to your business
  • Setup payroll
  • Training and support
xero myob logos

FAQs

How easy is it to switch to Prestige?

It is a straight forward process we do for you. If necessary, we contact your previous Accountant to arrange transfer of all information, documents and software, allowing for a seamless transition.

What are your fees / pricing?

We can provide you with a fixed quote with no hidden surprises. A package is often tailored to suit you, which can be paid on a monthly basis or at the time of assisting you. We do not provide generic pricing as we find clients requirements, current situation and future ambitions to be very different. Our fees are very competitive.

What software do you use?

We will work with the software you use and are familiar with. We only suggest change if there are clear benefits to you and your business. Having said that, new Accounting software is released regularly and as your business grows, we can consider new options as they become available. Software companies are now delivering comprehensive packages which not only assist you with your record keeping and reports, but provide insight into the future assisting you with decision making.

Can you assist with my business start up?

Yes, invite us on your journey! We often begin by assisting you with your legal structure, planning and defining the end goal. Business start ups are exceptionally satisfying for us, particularly as the business develops and milestones are achieved.

Do you provide education as part of the process?

Yes, we want you to receive maximum benefit from our services. Whilst all clients are different, we do encourage you to understand the various aspects of how we assist you. If there is something on your mind, we want to hear from you.

FREE initial strategy meeting

More than a meet and greet, together we can examine where you are at, consider any pressing matters and gain an understanding of your end goal. From there we can use our expertise to identify strategies suited to you and develop a plan as to how we can partner together, benefiting you.