Business Advisory

Our accountants work to grow your business — whether you are just getting started or established and expanding

We understand the importance of accurate financial information to your business. From analysing your current cash flow and expenditure to planning for the future, we can help you stay in business — or start one. Our full suite of services will help you whatever stage you are at.

Contact us for a free consultation. Our Auckland-based accountants will design a customised accounting package to suit your needs. Alongside our regular reporting options we can also assist with your tax accounting for end of year and GST obligations.

Management accounting to help you monitor performance

To succeed in business, you need up-to-date, accurate financial information so that you can regularly monitor performance. Our aim is to ensure your business achieves the potential it's capable of and, as an established accounting firm, we have the know-how and experience to offer advice to help you run your business more effectively.

We use Xero and related management reporting add-ons to provide timely management reports, tracking key performance indicators set for your business. This enables us to provide monthly management reports to give you a current picture of your business and analyse how the month has gone. We check your business is as competitive, focused, and profitable as it can be, then offer flexible strategies and practical advice designed to address the issues affecting your business.

Business structures to get start-ups off on the right foot

Do you have a new innovative idea for a business venture but not the expertise in the legal or financial aspects of creating a new business? Let us help you turn your business idea into a reality. We can help you:

• Decide on the most suitable structure for your business — sole trader, partnership, or limited company
• Prepare a business plan, cash-flow projections, budgets and trading forecasts
• Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
• Establish a good working relationship with your bank
• Complete any registration procedures with The Companies Office, Inland Revenue, or Customs and Excise
• Set up a recording system for your internal use and for complying with statutory requirements

A business plan records your business goals, the reasons for them and the plans to reach them. It considers not only the financial and accounting issues but also items such as the business environment, external and internal appraisal (SWOT Analysis), overall strategic direction, marketing, technology and risk. We can facilitate the business planning process or provide an objective review of your draft plan in consultation with you.

Strategic planning for on-going growth

The pressures of daily business can often mean strategic planning takes a back seat — but to have a successful business you must plan ahead. We'll help you establish a strategic plan that looks at where you want your business to be in the next 3-5 years and exactly how you and your team can achieve your aims and objectives.

Your strategic plan will:

• Define the characteristics of your company in three to five years
• Identify your competitors
• Define your objectives and financial goals
• Put in place an effective implementation plan to achieve your goals

Succession planning to pass your business on in the right way

Do you have an exit strategy to ensure your business is passed on successfully? We can help you design one or review your current plan.

Throughout your time in charge, you need to keep your finger on the pulse of your business. Regular checks and reporting ensures you can pick up any issues and deal with them quickly, leaving your business in good shape when it is time to pass it on.

When it is time, the co-ordination of transitioning your business to your successors can be an arduous process. However, with our years of experience, we can address the complex issues of business continuation, taking the stress off your shoulders.

Modern accounting systems offer better reporting and easier compliance

Implementing a proper bookkeeping system not only reduces your compliance costs but ensures you have the right information on-hand. Our team has lots of experience helping clients get their bookkeeping online and finding the right in-house solution for your kind of business. We start by looking at your current set up and finding out from you what works well and what doesn't, then we can offer a fresh viewpoint on what will work best for you.

We are a certified Xero Partner and have extensive experience in setting up single and multi-entity businesses in Xero, and also MYOB.

Are you considering a business acquisition or sale?

Selling or purchasing a business can be a difficult process, so this is where our experience can be invaluable as we can facilitate a smooth transaction. Our services include due diligence, business planning and budgeting, forecasting, and finance applications.

Valuations — We provide business valuations in a wide variety of situations including relationship property settlements, business sales, acquisitions and sell-downs.

Business due diligence — In the build-up to buying a business, it is important to objectively assess the financial performance and position of the business prior to making an unconditional offer. While the process of financial due diligence can be a complex process, we can assist you with this and ensure you ask the right questions so you make a fair offer.

• In-depth analysis of the system, financial and administrative operations
• Identifying profit-maximisation divisions
• Pointing out loss-making areas
• Suggesting better ways of doing operations
• Identifying opportunities that add value to the business
• Knowledge of the business's strengths and weaknesses
• Advice and assistance with ongoing funding of the acquisition
• Implementation and review of the transition process