Running a business can be complex, exciting, stressful and risky adventure but when it is done right it can be hugely rewarding both personally and financially. It is never something that can be managed in isolation and you will require a loyal and well managed support team around you. This includes your business and taxation advisors.One of the core values that our clients seek in their relationship with us is that we provide peace of mind. Running a business can mean a lifetime of risk and there are many matters that need to be carefully managed in order to keep your business on track and in profit. Feel free to give us a call we can provide comprehensive advice to help you in running your business.We offer a vast array of services to assist you in managing your business. This broadly fall into the following categories:
- Federal Government Compliance
- State & Local Government Compliance
- Employing Staff and Contractors
- Customers and Suppliers
- Accounting & Bookkeeping
- Company Registry Services & Document Security
- Financing a Business
- Maximising your Businesses Profits and Opportunities
Federal Government Compliance
We understand the stress that compliance obligations places on a business and its owners. One of the core values that our clients seek in their relationship with us is that we provide peace of mind. There is little that is more stressful in business than the prospect of being dragged over the coals by a government auditor. Our role is to minimise both the prospect of that occurring and the negative impacts should it occur to you. We provide comprehensive advice to ensure you meet the Federal Government laws, including taxes such as income, capital and goods taxes. We are also able to assist you with federal labour laws and corporations law.
State and Local Government Compliance
Like an annoying little sibling the State Government is a mini me to the federal government, but they still pack a painful punch. We provide comprehensive advice to ensure you meet the State and Local Government laws including advice on payroll taxes, conveyance duties, business registration and labour laws.
Employing Staff and Contractors
Human resources can often be the greatest resource in a business. It’s the people that generally make the difference between a good business and a great business. People are complex, dynamic and self motivated and they require a lot of management. If you don’t get your HR management right then not only will you fail to get the best out of your people, but you could well find yourself on the wrong side of legal arguments about your staff’s rights and your responsibilities as an employer. We can provide comprehensive advice and guide you on human resources issues in your business including recruitment, contract management and HR compliance matters including advice regarding employing staff and contractors in your business.
Customers and Suppliers
Your relationship with your customers and your suppliers is a complex mix of contractual and persuasive dynamics. Whilst you aim for a trusting and open relationship based on mutual best interests you must also ensure you have a firm legal foundation to fall back upon. We can assist you in managing your relationship with your customers and suppliers including advising you on a wide range of business issues from marketing through to credit management.
Accounting & Bookkeeping
Not surprisingly we are very good at this! Like most things in life choosing a system of administration from the myriad of choices available to you is an art of compromise. Most systems display different strengths and weaknesses, the trick is to select the systems that best suit you, where their strengths enhance your prospects of success and their weaknesses are manageable. We can assist you in selecting and establishing systems of bookkeeping and administration that are suitable for your business needs. Your accounting systems need to reflect the needs of your business which may be a simple electronic cash book through to dynamic integrated software systems and cloud based solutions - We can assist you in selecting and establishing systems of bookkeeping and administration that are suitable for your business needs including cloud accounting and B2B solutions where appropriate.
Company Registry Services & Document Security
Abbott's Chartered Accountants has run a dedicated company secretarial service for over 25 years. We provide comprehensive company registry services and an excellent document security system that takes the hassle away from you and ensures you remain compliant at all times with your corporate and legal secretarial obligations.
Financing a Business
All businesses require sound relationships with a financial institution, whether it is to source funds, manage funds are maximise deposit returns. Abbott's Chartered Accountants have formal and proactive relationships with all of the major banks at capital office level. We understand businesses financing needs and we maintain an active and current level of market intelligence to ensure we are able to advise on funding structures and rates. - Due to the good relationships we have with the financial institutions, we are also able to assist you to build long and valuable relationships with the financial services industry.
Maximising your Businesses Profits and Opportunities
Our goal is to help you build wealth, protect that wealth and eventually pass your wealth onto your future generations. Abbott's Chartered Accountants have been advising small to medium business for over 30 years and we have a vast resource of experience in a wide range of business sectors. The value of that resource of knowledge and experience is available to our clients to help them maximise their opportunities in business. - We can assist you with your business planning and help you analyse the efficiency of your business and also identify your financial exposures and opportunities.
David is our Tax Specialist and has worked in the tax and accounting field since 1982. David spent several years early in his career working in the ATO. He joined the Abbotts team in 1997 and became a Partner of the Practice in July 2000.
Contact Abbotts today to learn more about how our business services can assist you
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