Business Services

Business Services


Bookkeeping & Accounting


Modern business demands up to date accurate financial information.


We can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts and periodic management accounts for tax, business appraisal and planning purposes.


We will discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.


Budgeting


A good budget is a necessity in a good business plan. It is one of the best business tools we have, allowing us to set financial targets and measure our performance.


In addition to goal setting value, budgets will often improve your chances of acquiring funding. Financers often require budgets as a prerequisite for funding approval.


The techniques we utilize in the formation of financial projections will allow you to consider future scenarios and give you goals to strive for in your business. There are many types of budgets and we can help you design the right budget for your needs and requirements.


Let us show you how a budget is able to provide feedback to allow you to prepare for the future of your business.


Business Start-Up


Let us help you turn your business idea into a reality.


If you have a good idea for a new business venture but don't have expertise in the legal or financial aspects of creating a new business, we can help you:


  • Decide on the most suitable structure for your business - sole trader, partnership, or limited company 
  • Prepare a business plan, cashflow projections, budgets, and trading forecasts 
  • Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals 
  • Establish a good working relationship with your bank 
  • Register for an Australian Business Number with the ATO 
  • Complete registration procedures with Australian Securities and Investments Commission 
  • Deal with company secretarial issues 
  • Set up a recording system for your internal use and for complying with statutory requirements

Cashflow Forecasting


Have you ever wondered if you are 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?


Survival in today's business climate requires you to spend more time working on your business rather than in the business.


We can provide you with accurate, timely and informative cashflow forecasting reports - allowing you to:



  • Realize and understand when cash is available 
  • Plan and prepare for expansion, stock control, and taxes 
  • Analyse and anticipate key expenses


Armed with this information, we'll work with you to develop action strategies to improve your bottom line.


Management Consulting


Our aim is to ensure your business achieves the potential it's capable of. We have the know how and experience to offer advice to help you run your business more effectively.


We are practiced in acting as a sounding board for management, bringing to the relationship years of experience in business growth. We can identify key performance indicators in your business, through which you will see the positive changes occurring with the help of our professional consultants.


We are able to check that your business is as competitive, focused, and profitable as it can be. We then offer flexible strategies, designed to address the issues affecting your business.


Let us give your business a health check. Take the practical advice we can give to ensure the continual success of your venture.


Office Duties


Here at Hack, Anderson & Thomas Chartered Accountants we understand that day-to-day office duties are not everyone's cup of tea and are happy to help out with some or all of the following services:


  • Wages Processing
  • Payment and processing of creditors
  • Collection and banking of debtors
  • Various secretarial tasks
  • Training in Office duties

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