Business strength is made up of a combination of assets, liability and owners’ contribution (or capital). The combination of these forms a set of key indicators. These indicators are a telltale sign of the business's strength. Without knowing and analysing what these indicators are just like stewarding a company without a ship captain. There are some indicators that need to be improved gradually and some needs urgent attention. This is why there are short-term solutions/ planning and long-term solution and planning.
Last but not least, cash flow forecasting and management are key ratios for any business. Knowing and maximising the ROI will set your business different from others. If your business requires business funding, we can refer you to appropriate business lenders. A combination of short-term and long-term funding is critical to a business.
Our financial reports are monthly, quarterly, half-yearly and yearly.
As a registered tax agent, in our tax planning, we will advise your taxpayer right and advise you on the tax law. Apart from the usual BAS preparation and submission, we will represent you as our client to discuss your tax matters with the Australian Taxation Office (ATO).
If your company is facing a cashflow issue, we will represent you to seek GST and company income tax payment plan or instalment with the ATO.
Tax planning is an important part of your business management.
We can help you.
Find out more about Wong and Kong Accountants Taxation Corporate Advisory here