Innovative business advisers
No matter what size or stage, every business needs immediate issues solved and long term strategies in place.
As a business owner, it is essential for you to comply with the seemingly bewildering complexities of reporting and legislative obligations. However, it is just as vital for you to plan for the future.
Hillyer Riches goes beyond the important obligatory compliance issues. We help you to create strategies that will maximise your business' potential. This enables you to concentrate on what you do best, run your business.
Business structuring
When setting up a business or entering into a partnership, it is imperative to ensure that, as an owner, your personal assets and wealth are well protected.
Hillyer Riches will advise on the most appropriate business structure, to suit your individual circumstances, so that you can be assured of the best security. And if you are already in business, this very important aspect should be periodically reviewed.
Valuations and viability
Whether buying, selling, developing a succession strategy or even taking on more equity, you need to know the value of your business.
All businesses are different. Hillyer Riches will identify and examine the most significant factors for your business and industry.
An accurate valuation, together with some of the information discovered during the process, can be invaluable when making potentially huge decisions.
Succession planning
You may have started your business with the intention of building and running it for many years. Alternatively, you may want to be in it for a relatively short term. Either way, at some stage you are going to want to move on or, in some cases, be forced to. It is vital to plan for changing the ownership of your business. You might consider passing it onto family, key staff or selling it outright. All these options need to be considered and early enough to maximise your rewards whilst leaving the business in good shape to the new owners. Let Hillyer Riches help you with succession planning before it is too late.
Improving financial performance
It is not the only reason you run your own business, but the financial performance is always important. Hillyer Riches will help you to understand the financial drivers and how they impact on the value of your business. We will help you to optimise your business processes with a view to maximising your profits. If necessary, we can also compare your business' performance against others in the industry to develop benchmarks and realistic targets.
Tax planning
We all know that taxation is complex. However, Hillyer Riches understands it and we know how you can optimise it for your superannuation fund, business and personal affairs.
Compliance and legal obligations
As a business owner there are many legal obligations and compliance issues that need to be addressed. We are able to make them as seamless as possible by processing and managing the many tax reporting and payment obgligations.
There is a myriad of other obligations. Let us ensure they get done so that you can concentrate on what is really important to you.