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Self Managed Super Funds and Mandatory Investment Strategies
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Accounting, taxation and advisory services dedicated to the start up and small business client. Our mission statement is about providing accounting & advisory services usually exclusive to large companies, to our local neighbourhood SMEs in a timely, proactive & cost effectively manner. Our vision is to focus on a small number of SME clients that want a more hands on, proactive and interactive approach from their advisors. The intention is always to be to help our clients achieve the GOALS our clients want, not what we want for them.
Annual Compliance Reporting
Preparation and lodgement of full sets of financial accounts (Balance Sheet and Profit & Loss ) and taxation returns for sole traders, partnerships, trusts, companies and self managed super funds.
BAS Preparation and Lodgement
Preparation and lodgement of quarterly Business Activity Statements and monthly instalment activity statements for all trading entities. Depending on the client's needs this may include coding of cloud based account software such as Xero or Sage
Are there any special offers available to customers on SavvySME?
For all SavvySME referrals I will provide an hour's free consultation to discuss your needs and what options are available. Depending on your needs and time limitations, our meeting can be either via phone hook up or a face to face meeting at your residence or business premise. I find meetings at my client's business premises provides a lot of insights into your business and assists in our discussions.
Why should a customer hire your business over other service professionals?
My core vision for my business is to limit the number of clients taken on to ensure that time can be properly spent on my client's needs, to be able to provide proactive services and advice. The key concept is that we both must be happy to work with each other and to feel a respective rapport such that we can work well together to make sure your business is taken care of properly. I consider myself to be part of your business family and take personal joy in seeing you achieve your goals you have for your business. Further, whilst no one person or firm can be the sole answer to all clients and their needs, we have assembled a great team of external consultants that work closely with us to ensure your business is covered for all it's needs. This could be from specialists able to arrange commercial insurances, to specialist solicitor's in the HR and employment law to ensure you have appropriate employment contracts and the correct awards.
Which geographical areas does your business service?
Whilst based in Redfern, we have clients in Gladesville and Ryde and out to Penrith in the West, the Cromer and Pittwater in the North and South to Cronulla. Where you are located is not as important as our fit together and given that client numbers are limited, travel to your premises is a service offered and some clients love to take this up. As for other clients, they are happy to telecommute and a lot of our work together can be done efficiently over the phone and or emails.
How do you normally charge for your services?
I charge an hourly rate to my clients rather then engage in value billing. If I am able to arrange your affairs that provide some for of significant benefit such as tax savings, this benefit is yours and I do not increase my fee based on what extra value I can obtain for you. I also request my clients to always contact me first if they are unsure of anythings, whether is be a leasing question on a new company car or a GST question, as this way advice or instructions can usually be provide fairly quickly and correctly rather than discovering it after the event and then having to fix an issue which could be costly in terms of my time. I explain to my clients that I am not a "clock watcher" so if you call with a question that can be sorted out quickly, this is my preferred option. The only thing I ask it that this is not abused as I have had some client call dozens of times in a day with a series of quick questions. A formal meeting would have been more appropriate.
Are there specific areas of your trade or industry that your business specialises in?
No. I have clients that are sole traders like plumbers, floor sanders and painters, to those operating in a company structure from white collar businesses such as financial planners, IT specialists, management consultants, to those operating in the civil construction industry. I also have clients operating via trust structures such as those in the medical profession such an anesthetists and dentists.
What is the profile of your ideal customer? e.g. industry, size of business, revenue, number of employees and so on.
My ideal client is in the start up to small business client who is looking for a trusted adviser to help them with their business. They need someone they trust to keep them up to date with changes in legislation, to ensure their lodgements are done on time, to help guide them in developing and growing their business. They may be the sole person in the business or have up to 20 employees in addition to themselves. The most important thing about my ideal client is the rapport between us. Given that we will be working closely with each other, you do not want an adviser that you are not happy to pick the phone and call. We have all had advisers and clients like this.
Customer reviewsAdd a review
Hi Yee,currently I am not affected but rather seeing increase in business as I am a tax agent / acountant / advisor to the micro and sme market. I have been very proactive with putting together updates, advice and strategies for my clients with the...
The Federal Govt will be introducing a Coronavirus Supplement of $550 per fortnight to individuals who are receiving certain eligible income support payments AND for the next 6 months will expand access to certain individuals as well. This expanded...
I would agree with Kirsty Fox and what she has stated. I think that it is important to have a think about your business, where it is currently headed and where you want to see it go before seeing a potential accountant. Also think about what...
It will depend on how your friend is planning on purchasing the hairdressing salon. If the vendor (seller) is running the salon under a company structure and is planning on selling the company and thus your friend is buying the shares in the...
a great source you can use is a the following website (Federal Govt Grants)https://www.grants.gov.au/?event=public.homeYou can go in and search for grant opportunities for your industry or for females, sign up and get notifications on current...
Whilst not directly answering the question, I find as an accountant to SMEs the best place to start is to arrange a complimentary meeting with a good accountant to discuss your new business idea, go over what it is you want to do, your goals for the...
Aishah's answer is very detailed and provides a great overview of the variables that go into accountant's pricing for their business clients. I think this is little to add to this other than to discuss some issues re costs I have in relation...
You should run depreciation once a year when doing the annual financial accounts (Profit & Loss and Balance Sheet). The other time I run depreciation for clients is after completing the March BAS each year when doing 9 months financial accounts...