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Self-Improvement & Wellness

Business Performance Blueprint

Our methodology helps you create more clarity around your finances, provides confidence in your decision making and drives performance so that you can maximise the profit from your business without being overwhelmed by your financial obligations.

Peace Offering

Overview

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The Tax Minimizing Blueprint
01

Plan

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A good financial strategy is key to business success.

A financial strategy is a plan of action to help your business achieve its financial objectives and vision by guiding and controlling the decision-making process.

We work with you to create a simple, straightforward, measurable financial strategy that aligns with your vision by utilising simple business tools and processes.

Setting financial goals and objectives provides clarity, focus and motivation by giving a direction to strive towards.

Often, businesses set too many goals that are too far away and lose focus, leading to poor results.

 

We work with you to break your bigger financial goals and objectives into smaller pieces and then prioritise them so you are only working towards 1 or 2 objectives at a time. This increases the chance of achieving your objectives and creating new long-term habits. Stacking up small wins can achieve significant results.

Budgeting and forecasting are financial tools to help guide and control your business.

Budgeting is a reflection of where you want to take your business. Budgeting helps you control your spending and work towards revenue targets. In addition, budgeting creates a baseline to compare your actual results.

Forecasting allows you to anticipate future financial results in your business based on various inputs and scenarios. Forecasts are more fluid and are regularly updated as conditions change to let you take immediate action.

We will help you create budgets and forecasts aligned to your goals and strategy. We can also use newer, alternative budgeting methods to keep things simple and ensure your profits are not compromised as the business grows.

The Tax Minimizing Blueprint
02

Control

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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Quisque id diam vel quam elementum pulvinar. 

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Quisque id diam vel quam elementum pulvinar. 

The Tax Minimizing Blueprint
03

Transform

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Report – Optimise internal reporting systems – timely & accurate

Reporting timely, clear and concise data will optimise decisions that lead to improved business performance.

Management reporting provides data to support the business managers in making the best decisions to move your business towards your goals. The accounting standards or tax legislation does not determine the style or frequency of the reports, so the aim is to optimise the reports, so they are in a format that you understand.

We will help you optimise the reporting systems from the data entry/bookkeeping stage to the analysis stage by working closely with your bookkeepers and preparing the required reports to help you understand your business, giving you the confidence to move forward knowing the likely future outcome.

Analyse – actual vs budget/forecast, cost/benefit etc

Optimise decisions – Optimise internal decision making process – make good, data driven decisions

In a rapidly changing world, a business must be ready to change tack to ensure sustained performance. 

Analysing results and optimising goals are required periodically. Failing to do so increases the chance of missing opportunities, overspending and making bad decisions. What worked yesterday may not work tomorrow, so you need to be agile.

We support you by helping you stay aware of your performance and refine your financial controls and goals, so you are prepared for what’s coming up next. Quarterly reviews and goal resets keep the business agile and on track for performance.

Comply – Optimise compliance – never be late again with lodgements and payments

Complying with your business reporting obligations is required to avoid expensive penalties, unnecessary interest, unplanned taxes and ongoing anxiety.

Having your finances up to date and budgeting for tax, GST, PAYGW, and superannuation is a great way to ensure you stay compliant and stress-free.

We are tax specialists, so we can help you maximise opportunities, avoid any pitfalls, minimise tax, assist with lodgements and liaise with the ATO on your behalf if it’s ever required. This will allow you to concentrate on the business’s performance while we ensure you are up to date and on top.

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