The success of your small business venture depends on the quality of your accounting and bookkeeping!
Every small business owner, of both start-up and existing small businesses, should ensure that good accounting and bookkeeping records and processes an integral part of their business.
The quality and accuracy of your bookkeeping and accounting will prevent your business efforts being unrewarded.
Please don’t let this happen to your business. We see this all too often and it is just so unnecessary.
It is essential that you have available good sound financial information which results from correct processes.
A business owner is not expected to now how to do accounting or bookkeeping, both of which require years of training and experience, and can often be complex and challenging to get right.
What is important is the owner understands the true financial performance and position of the business. To achieve this requires the ability to read financial statements and to understand what the results are telling you.
When you know what the financial statements are saying you are then well placed to improve the business performance and to be well ahead of 80% of most small business owners.
The ability to read financial statements does not need extensive accounting knowledge or training, nor to understand the essential information an accountant can provide you with.
To be able to make informed decisions will lead to increased profits, improve cash flow, retain more cash at bank and ensure you get paid an income that rewards your efforts.
We strongly advocate that these principals be applied to every small business. Work with experienced accountants who are qualified and registered tax accountants.
These people will have considerable bookkeeping/accounting experience and should walk the talk, to be of considerable benefit to your business.
Accounting Services for Small Business include:
- Advice and set up of an appropriate business structure
- BAS / IAS Return preparation and lodgement
- Business Advice
- Business Tax advice
- Business finance advice and assistance with finance applications
- Cash flow budgets
- Financial statements including Profit & Loss, Balance Sheet, Statement of Cash flow
- Tax Returns