Running a business can be complex, exciting, stressful and risky adventure but when it is done right it can be hugely rewarding both personally and financially. It is never something that can be managed in isolation and you will require a loyal and well managed support team around you. This includes your business and taxation advisors.
One of the core values that our clients seek in their relationship with us is that we provide peace of mind. Running a business can mean a lifetime of risk and there are many matters that need to be carefully managed in order to keep your business on track and in profit. Feel free to give us a call we can provide comprehensive advice to help you in running your business.
Your accounting systems need to reflect the needs of your business which may be a simple electronic cash book through to dynamic integrated software systems and cloud-based solutions. Abbotts can assist you in selecting and establishing systems of bookkeeping and administration that are suitable for your business needs.
We can also assist in the selection and establishment of bookkeeping systems and administration that are suitable for your business needs including cloud accounting, integration between Point Of Sale and accounting software, and eCommerce solutions where appropriate.
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Your relationship with your customers and your suppliers is a complex mix of contractual and persuasive dynamics. Whilst you aim for a trusting and open relationship based on mutual best interests you must also ensure you have a firm legal foundation to fall back upon.
We can assist you in managing your relationship with your customers and suppliers including advising you on a wide range of business issues from marketing through to credit management.
Staff can often be the greatest asset to a business. It is the people that generally make the difference between a good business and a great business. People are complex, dynamic and self motivated and they require a lot of management. If you don’t get your HR management right then not only will you fail to get the best out of your people, but you could well find yourself on the wrong side of legal arguments about your staff’s rights and your responsibilities as an employer. Not to mention the compliance interests of government agencies.
We can provide comprehensive advice and guide you on human resources issues in your business including recruitment, contract management and HR compliance matters.
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We understand the obligations of compliance with federal law can place stress on a business and its owners. One of the core values that our clients seek in their relationship with us is that we provide peace of mind. There is little that is more stressful in business than the prospect of being dragged over the coals by a government auditor. Our role is to minimise both the prospect of that occurring and the negative impacts should it occur to you.
We provide comprehensive advice to ensure you meet the Federal Government legislation, including taxes such as pay-as-you-go (PAYG), capital gains (CGT), fringe benefit (FBT) and goods and services (GST) taxes. We are also able to assist you with national labour laws and corporations law.
Like an annoying little sibling, the State Government is a mini-me to the Federal Government, but they still pack a painful punch.
We provide comprehensive advice to ensure you meet both State and Local Government laws and regulations including advice on payroll taxes, conveyance/stamp duties, business registration and labour laws.
Abbotts has run a dedicated company secretarial service for over 25 years. We provide comprehensive company registry services and an excellent document security system that takes the hassle away from you and ensures you remain compliant at all times with your corporate and legal secretarial obligations.
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All businesses require sound relationships with a financial institution, whether it is to source funds, manage funds are maximise deposit returns.
We understand businesses financing needs and we maintain an active and current level of market intelligence to ensure the funding structures and rates we advise on are relevant to your situation. Due to the proactive relationships we have with the major banks and other financial institutions, we can also assist you to build long and valuable relationships with the financial services industry.
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At Abbotts, we present more than just compliance financial reports – our highly skilled advisors would love to collaborate with you to identify ways to develop and grow your business or financial wealth to its full potential. We can provide you with insights of how your business is performing and assist in developing strategies and goals that increase profits, identify your financial exposures and opportunities, and lessen the businesses reliance on you.
To find out more about Abbotts Advisory services, please click here
Chris has been a part of the Abbotts Team since 1987 and has worked in the accounting profession since 1983. He qualified as a Chartered Accountant in 1991 and was appointed as a Partner in Abbotts Chartered Accountants that year.
David is our Tax Specialist and has worked in the tax and accounting field since 1982. David spent several years early in his career working in the ATO. He joined the Abbotts team in 1997 and became a Partner of the Practice in July 2000.