Get the right information to run your business successfully, protect your assets and ensure that you can operate with peace of mind. At Bassa Chartered Accountants, we are your Brisbane business advice experts, and we can help you today.
Operating a successful business depends on your ability to negotiate, to manage staff and to ensure that you continue to provide an excellent service to your customers. While the day to day operations are vital, it is also important to ensure that your business is structured correctly so that your assets are protected.
For example, did you know that the business structure of a partnership means that your personal assets – including your home and car – are considered business assets, and can be repossessed to pay business debts? If your business structure is that of a company or a trust, however, you protect your assets and have structures in place so that if your business goes into debt, your personal assets are protected.
Business is volatile, and while we do all we can to prevent anything from going wrong, the fact is that things can happen which we do not expect. And when the unexpected happens, it is important to know that your assets are protected. We can assist you with business advice in Brisbane and offer our service to you as business financial consultants.
Need advice on business structuring? Call our business financial consultants at Bassa Accountants on (07) 3265 6740 or contact us online to book in for a complimentary chat about your business structure needs.
Business Advice in Brisbane
Bassa Chartered Accountants offers a comprehensive range of business planning and advice services to business owners and businesses. We help clients with their accounting, financial management and business operations.
We invest the time upfront in understanding your business. Our in-depth approach means we have the ability to assist you by tailoring a solution that best suits your business needs and to position it for long-term success.
Some of the ways we can assist you and your business include:
- Asset protection structuring advice
- Review for business purchases
- Business sale preparation
- Business start-up advice
- Finance applications
- Cost-benefit analysis
Common Business Structuring Mistakes
Structuring your business is vital to ensure that you receive optimum taxation benefits and are geared for growth when it’s time to expand. Business structure is a vital part of business asset protection and in ensuring you are minimising tax payable. Some common mistakes that business owners make include:
- Not having an agreement between founders – it is vital to make a formal agreement with company founders – even prior to incorporation – so that you protect your business and your assets
- Not taking the right steps at each stage of your growth and process
- Not protecting your intellectual property (IP) and failing to take care of your business structure
- Not expanding with room to move – and failing to have plans in place for your expansion
Whether you are expecting growth or seeking to restructure your business we can help you. It is critical that you take the necessary steps to secure expansion, and to ensure that you and your business are prepared for anything.
Let us manage your business accounting structure and ensure that there are no surprises down the line. While running your business is your area of expertise, we can take care of the setup and business structuring to protect your assets both now and in the long term. As your business financial consultants, we offer scalable accounting and business advice services in Brisbane and are here to help. Working with us ensures peace of mind and allows you to operate securely, knowing that you and your business are protected in the event of anything happening.
Want peace of mind and confidence in the business advice you receive? Call us at Bassa Accountants in Brisbane North on (07) 3265 6740 or contact us online to book in for a complimentary chat about your business structuring and business accounting needs.