- Business formation and structuring
- Accounting and Bookkeeping
- Tax and compliance
- Business Healthcheck
- Tax return individuals
Business formation and structuring
“He who fails to plan is planning to fail” – Winston Churchill
Starting a business is exciting! However forming a company in Australia can be a daunting task. It is not just a matter of setting up a company. You must identify which business structure is the right one for you and for your business. Which pathway do you take to achieve full potential?
Bizvisor will educate and guide you towards the right pathway, significantly reducing future tax bills.
An SME today needs an expert team to guide and determine which legal structure you choose, what documents you need and what are the best business practices to pursue. To maximise profits and avoid possible legal conflicts, expert business advice is no longer an option but a necessity to your future business success.
Bizvisor provides Australian business owners with comprehensive solutions for the formation of companies and trusts; working hand-in-hand with leading market lawyers.
Alongside the formation of your business, we can also assist you to register your business name(s).
A registered business name gives you – the owner – the right to trade under that business name and develop your products and services under that name.
Accounting and Bookkeeping
Business continuity and contingency planning is what this is all about: – Andrew Wilkinson
Once you have successfully registered your business and started operating in your dream job, the next step is to ensure you are on top of your accounts and bookkeeping.
Many small business owners in Australia spend so much time focusing on their business, they overlook the importance of their accounts. Unfortunately, overlooking the accounts, results in losing track of business funds. (You’re not getting paid)! As a result, creating unnecessary stress.
Bizvisor offers affordable Accounting and Bookkeeping Solutions to help with the administration side of your business. We tailor packages to suit your individual needs, ensuring flexibility within your business structure. We provide professionally presented Management Reporting which is critical to your business success.
Tax and compliance
Tax compliance and regulations involve a great deal of effort; being time-consuming and complex. Small business owners face an ever-increasing number of compliance issues. Failure to comply with these legislations risks fines and penalties. Many small business owners do not have the capacity to deliver as per specified legislation, in a cost effective and timely manner.
At Bizvisor, we are committed to reducing the compliance burdens of the business owner. Your compliance is our priority; we understand that it will allow you to focus on managing and growing your business.
We can get involved at any stage – from starting fresh, to taking over from your in-house bookkeepers and accountants. We keep your records accurate, up to date and processed with minimum disruption to your business schedule.
We continuously review the needs of our clients to proactively ensure you have the proper controls and procedures in place to not only meet compliance requirements, but achieve your personal and business objectives.
How we can help
- Preparation of management and statutory accounts
- Preparation and lodgement of tax returns
- Tax planning
- Specialist tax advice
- Corporate secretarial duties
- Business activity statements
- Other statutory reporting requirements e.g. payroll tax, superannuation obligations
- Planning and business growth
- Payroll management and employment taxes
- Cloud accounting
- Setup accounting software
Business Healthcheck
Unlock the full potential of the business.
The next but certainly most important next stage is to understand the financial health of your business. The financial healthcheck will allow you to predict the success, progress of your business and potential issues of your business. Our comprehensive financial healthcheck will
- Assess the health of your business
- Work out if you have the necessary funds to pay your bills and employees when they are due
- Determine whether your business is profitable
- Calculate whether you are getting expected returns from your business
The outcome for you and your business will be
- Identification of where there may be cost efficiencies to be achieved.
- Options to improve business margins
- Assess the performance of your business in a timely manner
- Peace of mind that your business heading towards its full potential.
Tax return individuals
Tax return for individual is different thus requires different mindset and attention for best possible tax return. Whereas other structures require significant number crunching, individuals require a lot more personal touch to understand that individuals’ situation. Personal touch will help understand the clients’ situation and apply deductions that is legally possible by the legislation.
Our personal touch does not only involve to understand your situation, but we take the opportunity to educate our clients’ which helps them to understand their financial situation and maximize their tax return.