Services | Business

Business Planning and Advisory

The Taxlynk team have a wealth of knowledge and experience spanning various industries. Through this experience, we’ve cemented our position as trusted advisors for numerous businesses.

We have sound knowledge of good business practices,

and what successful businesses are doing to hit their stride. Using this knowledge, we can assist companies with their planning. This includes things like:

 

    • Talking through how they manage their sales and purchasing processes.
    • Whether they should hire a new staff member or let someone go.
    • Whether they should make some capital investment decisions that will improve efficiency in their processes.
    • Helping them to achieve their business goals. 
    • Looking at their breakeven point and determining if they’re generating enough income. 

We take the time to sit down and understand your business and its pain points

From here, we’ll work with you to develop a strategic plan using our templates and forecasting tools to help you make informed business decisions. These meetings are highly productive for businesses and assist with long-term planning, goal setting and more significant business decisions. 

There’s a lot to consider when looking to purchase a business. What are the benefits of buying a business? What are the risks associated with acquiring a business? What are the current business trends? Our team apply our experience and knowledge to answer these questions (and more) so that they can provide you with an honest answer as to whether purchasing a business is a viable option for you. 

We pull apart the deal and business to find any issues.

Such as outstanding tax debts or superannuation. You can be assured that your Taxlynk professional will dissect all aspects of the sale to help you avoid any unwanted surprises.

 

Throughout the business acquisition process, we can provide you with some tax and business planning and advice to understand your return on investment, determine the best business structure and more. 

If you’re looking to sell your business, our accountants can help

We can advise you and prepare your business for sale. We can help you determine a reasonable value for your business and the sale’s tax implications. 

Whether it’s a new or existing business, we can assist you with implementing new business structures or altering existing ones. This means helping you decide whether the best structure for your business is as a company, partnership, sole trader or trust, or a combination of these.

We have a significant amount of experience in setting up business structures

We can help explain the nuances of each structure to you, including:

 

  • Tax implications
  • Flow of funds
  • Risk profile
  • What happens to company profit
  • Family trusts

We’ll suggest a change in structure.

And give you a comprehensive understanding of why your business will benefit from that structure. 

 

From here, it’s up to you whether you want to implement the recommended structure. 

 

 

If we recommend that your business should change structures, we’ll inform you of the tax implications of changing structures, what happens to your old structure and how to unwind it. 

 

 

The types of structures that our team can help with include the following: 

 

  • Sole traders
  • Partnerships
  • Companies
  • Trusts
  • Estates

Get in touch

Whether your question is for yourself, for your business, fill out the below form, and we will get back to you shortly.