I want to be able to understand what the numbers mean to my business. |
We keep getting conflicting advice. We just need the facts. |
I just don't have the time to cope with all the paperwork. |
Do you provide Business Advice and help us to understand our financials?
Yes we do. We provide advice on business, accounting, marketing and legal to both start-up and existing small business owners. There is no cost for your first 1 hr session with our Business Advisers.
What is a Management Accountant?
A business owner needs a management
accountant to analyse business performance, apply ratios, benchmarks and
reporting to enable improved business performance.
What is a Tax Accountant?
A tax accountant ensures you are compliant, pay the correct amount of tax after using tax effective strategies but rarely advises on business performance.
Can my Accountant do tax and management accounting?
Yes they can. Some do but many tax accountants do only tax. In this case you need to find a good management accountant.
Do you provide Management Accounting?
Yes we do. Management accounting is fundamental to the success of any small business. Our management accountants provide information from your own MYOB files that will transform your business if you apply the advice provided.
How often should I see my Accountant?
A regular quarterly meeting to review management accounting reports should be your goal. A single meeting once a year to do your tax will not get the job done and will cost you dearly.
How long should I expect to wait for my accounting work?
We expect to turn most work around within a maximum of two weeks depending of course on what work is involved. Mostly we do the work promptly and get back to clients within 1 week.
Do you offer Fixed Price Accounting?
Yes we do. We will always set the price before we start any work. We want to minimise your cost, maximise your return on your investment in accounting and avoid any surprises for you.
How much should I expect to pay for an Accountant?
The most important question is what value are you getting for the work carried out and how efficiently is this work done.
The total amount of any fee depends entirely on what you require, the level of expertise and the complexity involved. There is no one size fits all. More importantly can you use and act of the advice you are given? Always ask for a fixed price quote up front and provide a clear and concise brief on what you want.
How much should I expect to spend on accounting?
If you are spending more that 5% of your annual sales on accounting it is probably too much. If you are spending less than 2% of annual sales you are doing yourself a disservice.
Are you available to meet on Saturdays mornings or after hours?
Yes we are by appointment.
