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Business set up

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 starting one up, we can help you:

●     decide on the most suitable structure for your business –  sole trader, partnership or limited company

●     prepare a business plan, cash flow 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.

We also ensure that your business rests on a sound procedural base, by helping you:

●     register for an Australian Business Number with the ATO

●     complete registration procedures with the Australian Securities and Investments Commission

●     set up a recording system for your internal use and for complying with statutory requirements

●     deal with any other company secretarial issues that may arise

Management accounting

Our years of experience in helping businesses grow will let you run your business more effectively.

Let us give your business a health check. We are practised in acting as a sounding board for management, and are able to check that your business is as competitive, focused and profitable as it can be. We offer flexible strategies to target the particular issues affecting your business.

Often it’s difficult to know exactly how well your business is performing. Abound can identify key performance indicators (KPIs) in your business so that you can measure how effectively you are operating in areas such as:

stock turnover

receiving payment for invoices

Completion of tasks.

We will develop reports on all the vital aspects of your business so you know where you stand and can make decisions quickly. These reports are tailored to your organisation’s KPIs, allowing you to easily keep track of the improvements you make with the help of our professional consultants.

Abound will also help you establish effective budgetary and cash flow processes so that you always know how much money you have available to run your business.
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