HOW WE CAN HELP YOU
The Corporate+ team works to deliver value to our clients by adopting practical and effective approaches to running a business, ensuring the business meets its aims as efficiently as possible.
Asset protection
Succession Planning
Business growth
Profit improvement
Foundations (the legal structure)
Frameworks (your management, organisational/internal structures)
Cash flow management and improvement
Financial Health Checks
Project appraisals and grant applications
TAX PLANNING AND ACCOUNTING
At Corporate+ we’re focused on your future direction – with equal vision on your LEAD indicators and your LAG (or historical) indicators. This helps you achieve all you can be, sustaining growth in the process. We work with you to develop strategies to do this via two pathways:
PLANNING
We will help you stay ahead of the game. Moving away from acting retrospectively and moving towards being proactive and engaged in your current and future financial plans and strategies.
REAL TIME INFORMATION
We give you access to real-time data through cloud and web based accounting systems. This ‘live’ data access facilitates insight and timely conversations. This gives you a clearer, more precise view of your business.
BUSINESS MODELLING
Creating a business model that is easy to understand, implement and utilise can be a difficult task, but at Corporate+, we’re able to work with you to develop a tailor-made model that will assist you with your future planning and budgeting. In liaison with you, we’ll determine key performance indicators that will help you easily assess your current and future situations empowering you to act accordingly.
TAX PLANNING
Astute tax planning may help to minimise the amount of tax that you need to pay,
maximising your personal or business wealth in the process. The Corporate+ team will work alongside you to:
Develop your financial strategy.
Show whether there is an advantage to borrowing to invest
Decide which tax issues you need to consider
Keep a balance between sound tax planning and creating wealth through growing your business.
Below are links to our checklists. These will give you information on what you need to provide us with to ensure the process begins efficiently and can be completed in a timely way:
SUPERANNUATION FUNDS
Superannuation - and in particular self-managed superannuation funds (SMSFs) - represent an excellent opportunity for tax effective provision for your retirement. We can work with you and your financial planner to optimise these opportunities by effectively managing these complex tax and compliance requirements.
SMSFs are not for everyone but can give you the opportunity to manage your investments for retirement, whilst obtaining tax advantages. Contact us to discuss your individual circumstances.
If you would like us to prepare your super fund annual (tax) return and financial statements you can complete the below checklist.
Ready to get rid of your tax-related stress? Contact us today
STRATEGY FOR GROWTH
BUSINESS PLANNING & DEVELOPMENT
Every business starts with an idea of what they want to achieve but somewhere in amongst the noise and activity of running the business, focus can be lost. Corporate+ can assist by working closely with you to develop a clearly articulated, achievable plan and empower you with relevant tools to take your business in the right direction for sustainable growth.
At Corporate+ we can help you practically integrate your KPIs and development goals into a business model that will allow you to effectively plan your business progression and position you to map and achieve your individual business growth ideas.
MANAGEMENT ADVICE & BUSINESS IMPROVEMENT
To successfully commence business, you must recognise opportunity and prepare accordingly in order to take on the relevant challenge. Inevitably, there are challenges that cannot be anticipated or are simply outside your experience and that's where access to the right advice is so important.
Corporate+ have many years of both commercial and practical experience to draw upon when assisting your business - adding valuable insight in helping you avoid pitfalls and take advantage of opportunities.We understand that structure plays a key role in your business growth and improvement.
CORPORATE STRUCTURE
Having the right structure can save your business time and money. Corporate+ can assist you in selecting a structure that best suits the way you want to operate your business.
We think of structure in two key stages:
● Foundations - the legal structure
● Frameworks - your management, organisational & internal structures.
CORPORATE STRUCTURE: FOUNDATIONS
Just like any built structure, the right foundation is essential. It is important to make an informed, well
considered decision. Below are some helpful guides to the most commonly used business and not-for-profit structures.
To establish the right foundation, we will discuss with you for your current and foreseeable activities to help determine entity is the best fit. Out grown your existing foundation? We can assist with changes to meet the changing need of your business.
CORPORATE STRUCTURE: FRAMEWORKS
COMMERCIAL
Once established, the foundations of a business rarely change. Even so, we believe the day-to-day operations need to be dynamic and ultra responsive to the requirements of the business in its marketplace. Growing and changing businesses need different levels of assistance when responding to growth opportunities and market conditions.
We are able to assist your business by providing external business manager (accountant) services that are cost effective whilst the business continues to grow, then transition back to internal resources when the business has reached the appropriate level.
NOT FOR PROFIT
The framework of a Not for Profit entity is vital to its success. Over the years we have helped entities in a variety of ways. These include regular consulting advice - where an in-house accountant is not yet required, but benefits are gained from regular top level checks on financial information and processes.
We also have experience in being the preferred consultants - when the current financial resources don’t or can't stretch to a job or task - and we’ve also been involved in reviews or health checks of an entity's financial framework, ensuring they are as efficient and effective as they can be.
Contact us today and get a corporate structure expert in your corner.
CASH FLOW ANALYSIS
Cash management is the key to the success of any company or individual portfolio. Corporate+ have worked with a wide variety of organisations both commercial and not for profit so we’ve experienced the highs and lows of managing the flow of cash and can use this experience to your benefit, helping you develop techniques to assist your cash management. Business Modelling, including regular cash flow analysis, is a great tool to help you to see at a glance the issues that may arise, better positioning you to manage them well.
With the emergence of online and real time accounting packages (such as Xero and other cloud based systems) this analysis and management is achieving new levels of accessibility.
At Corporate+ we are already utilising these packages and can assist you both with their implementation and their best usage. We can help you get the best out of the accounting and cashflow packages you use and make appropriate recommendations when necessary.
NOT FOR PROFIT SECTOR
The Not For Profit or Third sector (Public / Government and Private / For Profit being the others) is one of the largest “industries” in Australia accounting. As a result, it is subject to increasing regulation. This includes the meeting of professional and compliance standards. Corporate+ has been involved with Not for Profit entities for over 15 years.
Financial Health Checks
At Corporate+ we can undertake a review of your current practises and procedures, assessing how you sit in comparison to industry best practices, effective resource allocation and compliance requirements.
Financial Management
We believe decisions are only as good as the data that they are based on. At Corporate+ we’re committed to getting the right data to those that require it, in the most relevant way and within the best timeframe. We walk alongside you in the process, liaising with all parties to ensure a streamlined and efficient process.
Budget and Long Range Plan Model Reviews
At Corporate+ we’re able to conduct an independent review of your current model, highlighting any discrepancies in order to enable correction. At this stage we also work with you to improve your staff understanding of the model to enable more effective and streamlined usage going forward.
Project Appraisals and Grant Applications
Having an external and independent appraisal of a project or assistance with the completion of the sometimes complex grant application, means that the Board, the grant assessment body and / or financial institutions, will have confidence that the project has been adequately reviewed and have an accurate insight into its financial viability.
Board Financial Guidance
Every member of a Board is now responsible for the correct governance of an entity and that includes the financial situation. Some Board members may lack the skills or experience to deal with the financials. Our staff at Corporate+ have experience in both reporting to and being on Boards (of both Commercial and Not for Profit entities) and have excellent communication skills to enable the bridging of that knowledge gap.
WE'RE HERE FOR YOU
These services are just the beginning of how Corporate+ can bring growth to your business or organisation. Contact us today to arrange chat to work out your next step.
