Modern business demands up-to-date, accurate financial information. We can relieve you and your staff of the enormous burden of all your bookkeeping and accounting requirements, including the preparation of your annual accounts and periodic management accounts for tax, business appraisal, planning purposes, and more.
We will discuss your requirements with you and provide information relevant to your particular situation, as well as constructive advice, on a regular basis.
A good budget is a necessity for a good business plan. It is one of the best business tools you can have, enabling you to set financial targets and measure your performance.
The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business.
In addition to goal-setting value, budgets will often improve your chances of acquiring funding. Financiers often require forecasts as a prerequisite for funding approval. Cash flow forecasting is a vital part of ensuring your business will always have the cash it needs, because profits don't pay bills - Cash does.
There are several types of budgets. We can help you design the right budget for your requirements. Let us show you how a budget and a cash flow forecast can provide feedback that enables you to prepare for the future of your business!
If you have a good idea for a new business venture we can help you:
Decide on the most suitable structure for your business - Sole trader, partnership, or limited company
Prepare a business plan, cash flow projections, budgets, and trading forecasts
Establish a good working relationship with your bank
Complete any registration procedures with the Companies Office and Inland Revenue
Deal with company secretarial issues
Set up a recording system for your internal use and for complying with statutory requirements
Let us help you turn your business idea into a reality!
Cash Flow Forecasting
Are you holding too much inventory? Is this the right time to expand your business? Are you going to have enough cash to pay all expenses every month? Surviving in today's business climate requires you to spend more time working on your business than in it.
We can provide you with accurate, timely, informative cash flow forecasting reports that enable you to:
Realise and understand when cash is available
Plan and prepare for expansion, stock control, and taxes
Analyse and anticipate key expenses
Equipped with this information, we'll work with you to develop action strategies that improve your bottom line.
Let us help you make the right choice of accounting software. A decent accounting system will help you keep track of your cash flow and let you complete GST returns easily.
Choosing the right system for your business can be difficult. After all, there are over sixty accounting packages available in New Zealand. Here at Accounting & Tax Studio we invest considerable resources into ongoing staff training to ensure we can recommend the best accounting solution for your business.