Starting a business

  • General advice to people entering business for the first time
  • Assistance with establishing wage, accounting and taxation records and business controls including bookkeeping setups for small business operators
  • Assistance with developing proprietors business management skills
  • Company/Trust/Partnership formation
  • Registration of business names

Buying or selling a business

  • Determining the value of a business for prospective vendors or purchasers, including a review of information supplied
  • Preparing an information file, including projections, to assist with the sale of a business
  • Assistance with tax planning for the sale or purchase

Taxation planning

  • Advice on the most tax effective business structure
  • Taxation advice on business, real estate and other asset purchases and sales
  • Tax Minimisation

Taxation compliance

  • Preparation of Income Tax Returns, Fringe Benefits Tax returns, GST/BAS/IAS returns etc.

Budgets and projections

  • Calculation of sales needed to reach the business breakeven point
  • Preparation of budgets, forecasts and cash flow projections
  • Suggestions for ways to increase sales and reduce expenses
  • Use of industry statistics as benchmarks for comparison
  • Implementation of effective costing systems and review of pricing strategies

Management accounting

  • Growth and profit strategies
  • Management reporting
  • Business planning
  • Business restructuring
  • Temporary accounting assistance

Finance

  • Suggesting suitable sources of finance, banks, finance companies, leasing and hire purchase
  • Preparation of information and documents to support applications for finance
  • Assisting clients in presentation of proposals to lenders
  • Review of the financing alternatives available

Audit

  • Statutory audit
  • Special purpose audit
  • Due diligence

Superannuation

Financial planning & risk protection

PFP is part of a referral network and can liaise between clients and trusted financial planners who can advise on:

  • Superannuation – Accumulation & Management
  • Superannuation – Self Managed Superannuation Fund, Master Trusts, Industry Funds
  • Retirement Planning – Centrelink & Income Streams
  • Wealth Creation & Protection
  • Business Succession & Estate Planning
  • Salary Packaging, Redundancy & Employer Payments
  • Cashflow & Budgeting
  • Income Protection & Business Expense Insurance
  • Life, Trauma & T.P.D. Insurance

Computerised accounting services

  • Assisting with the installation of new computer accounting/bookkeeping systems, designing reports and integrating with our office software

Corporate secretarial

  • Company searches
  • Registered office facilities
  • Maintenance of company registers
  • Attendance to all corporate secretarial requirements i.e. change of directors