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1311 Sturt St Ballarat: (03) 5338 7100
Client Login

Business Services and Management Advice

Our aim is to ensure your business achieves the potential it’s capable of.

We have the know-how and experience to offer advice to help you run your business more effectively.

We are practiced in acting as a sounding board for management, bringing to the relationship years of experience in business growth. We can identify key performance indicators in your business, through which you will see the positive changes occurring with the help of our professional consultants.

We are able to check that your business is as competitive, focused, and profitable as it can be. We then offer flexible strategies, designed to address the issues affecting your business.

Let us give your business a health check. Take the practical advice we can give to ensure the continual success of your venture.

Taxation

At Sharp Accounting we offer a full range of taxation services. We can offer advice based on proven knowledge and experience. Our proactive approach ensures we deliver a consistent service and build solid relationships which stand the test of time.

Taxation can be a major cost to your business. We will work in partnership with you to minimise your tax and help you achieve your key objectives.

We provide a complete service of help and advice in all of the following areas:

  •  Preparation of activity statements and advice on payment of tax
  •  GST/FBT obligations
  •  Advice on and implementation of tax effective structures for asset protection and tax minimisation
  •  Management of any ATO Audits or disputes

We encourage our clients to discuss the likely services they will require at the start of the year, a price is then discussed and agreed upon so there is no uncertainty. Set monthly installments can then be put in place to assist your business cashflow.

Tax Planning

Tax planning should be a year round event that forms an integral part of your business management process. Last minute tax planning can be a recipe for poor decision making as you need to work through the cash flow implications on anything you decide to do.

A few hours of planning and review could take thousands of dollars off your year-end tax bill and the savings could make a real difference to the way you manage your business.

Talk with your accountant before 30 June about exploring legitimate tax advantages to your business before paying out to the tax office.

Business Advisory

Ever wondered what would be the effect of a slight change in how you do business?

All the analysis is done for you. See the result before you make the change.

Advanced cutting edge business analysis software to help with all those difficult changing decisions.

Ever wake up in the middle of the night and think ‘what if’ I change something in my business, how can I improve cashflow and profitability, should I employ more staff?

Compare your business to your pre-determined Key Performance Indicators and concentrate on what is important in your business.

Business Structuring

We are able to discuss and recommend the most appropriate structure through which to operate your business. We can advise you on the requirements of the various structures.

Self-managed Superannuation Funds

As the Government encourages Australians to take responsibility for and reach their financial retirement goals, citizens are repeatedly required to deal with Superannuation funds.

Self-managed Superannuation is a means of saving for retirement. It allows you to control your investment strategy, reduce tax while obtaining tax benefits, and control administration costs.

Superannution law is a delicate area and personalised planning is required for each individual. At Sharp Accounting we are superannuation experts, and can assist in establishing a superannuation fund that will effectively allow you to reach your financial retirement goals.

Buying and Selling a Business

If you are looking to buy a business, we can assist you in the following:

  • Business Evaluation
  • Business Plan
  • Finance Requirements
  • Business Structure and Registrations
  • Taxation Matters
  • Employment Obligations

Selling a business can be a difficult, often disheartening time.

The services we provide in relation to organising the selling of a business include:

  • Obtaining comparative results
  • Establishing a realistic sale price
  • Taking the business to the market
  • Negotiating with potential purchasers

Our friendly and professional staff are able to assist in such a way that a maximum return for your business can be achieved.

Succession Planning

In ensuring the long term success of your business, It is critical to establish a well-designed succession plan. Coordination of the transition of 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.

We can help form a plan that allows for a hassle free continuation of your business.

Starting a Business

Let us help you turn your business idea into a reality.

If you have a good idea for a new business venture but don’t have expertise in the legal or financial aspects of creating a new business, we can help you:

  • Decide on the most suitable structure for your business – sole trader, partnership, or limited company
  • Prepare a business plan, cashflow 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
  • Register for an Australian Business Number with the ATO
  • Complete registration procedures with Australian Securities and Investments Commission
  • Deal with company secretarial issues
  • Set up a recording system for your internal use and for complying with statutory requirements.