Getting The Basics Right

Accountants for Business Startups

Lets focus on the basics

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Ready to take your business to the next level? Book an obligation-free discovery call or contact us today to discuss your needs.

Accountants for Business Startups

Start Up
Hwh Internals Circle

You have just started (or decided to start) your new business – congratulations, what an exciting journey business ownership is. Please take comfort that just like you, we all started at the beginning. Through our decades of experience, we have guided many new business owners and startups through their tax and accounting journey and help them build the businesses of their dreams.

You wouldn’t go on a long journey without the getting the basics ready, would you? Without food, water, or a map, you’d eventually have to turn right back around! The same can be said for your business. Having a solid foundation for your business consisting of the right processes, software, systems, people and training is critical if you want to see long-term success.

In our first meeting, we will work together to identify 5 key areas to ensure the basics are setup correctly:

  1. Understanding what success looks like for you and planning for it; 
  2. Discussing which type of structure is right for you;
  3. Discussing the types of taxes and tax lodgements you will need;
  4. Looking at the choices for accounting and bookkeeping software;
  5. Guiding you through putting money aside for your taxes and to pay yourself.

We are here with you all the way. After our first meeting we will work together to setup everything we spoke about in our first meeting and continue to guide you through the first week and months.

We offer unlimited quick (5 minute) support questions and emails – so you are never alone.

We work with clients of all different shapes and sizes and can offer a range of packages and solutions based on your current and future needs.

Some of our clients simply need a virtual CFO for the short term, while others need ongoing support for a longer period. They might be undertaking a new project, orchestrating a merger, acquiring new assets, or changing their business structure.

A virtual CFO is a game-changer for growing businesses. Our virtual CFO service provides you with access to timely and accurate bookkeeping via our bookkeeping team, quality accounting reports and tax preparation through our accounting team, and a hands-on external Chief Financial Officer who really understands your business, driving your success and results.

Our team can work with you to help grow your business quickly, for as long as you require. We work closely with businesses in this phase to help grow your business and bridge the gaps when you require support in your journey.

Working with you in this capacity, we’ll also help formulate and implement business growth strategies that can grow your business quickly or help you:

  • Prepare for a new product launch or a launch to a new market
  • Boost productivity over a key period
  • Amplify sales
  • Implement new business growth strategies
  • Invest in new technology or implement new systems
  • Get out of debt
  • Set up new staff or new management systems

We know that each business faces unique challenges. We’ll work with you to create a tailored package of services, based on your needs.

First, we’ll meet with you to understand the most pressing needs of your business. This is one of the most important stages in our process, as all businesses vary in size, complexity, structure and a whole range of other characteristics.

We will work together to uncover key questions like:

  • How will you set up your business, to begin with?
  • Are you a sole trader or do you have ambitions to grow a large team?
  • Where do you see your business in the next five years?
  • What are your short, medium, and long-term goals?

We’ll use this information to start creating the building blocks that will define the right structures, processes and systems that you need to succeed.

If you’re already an established business, we’ll take a look at the systems and processes you already have in place and assess what’s working – and what’s not! We’ll start strategizing about how we can optimise your systems to better suit your business structures in order to help kick your goals more efficiently.

The right software can revolutionise the way you do business. If you’re not already set up with efficient or appropriate software, we’ll suggest and implement the right systems to help you.

From data entry to tracking your finances, we’ll automate even the most mundane of tasks to help your business flow more smoothly.

Without the right training, new systems are redundant. We’ll show you how to utilise new tools and software so they work harder for your business. This will empower you to:

  • Train you how to prepare your bookkeeping
  • Set up new business processes efficiently
  • Get you started with your accounting software

Ultimately this training will improve efficiency within your organisation and make you more agile as a leader within your organisation. You’ll be able to onboard new staff methodically and your existing staff will have clear expectations when it comes to processes like managing payroll or logging expenses.

Ready to take your business to the next level?

Book an obligation-free discovery call or contact us today to discuss your needs.

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