Business problems and their solutions are as varied as the kinds of
businesses in existence. There are some issues, however, that every business faces.
Whatever your business concerns, we can provide the help you need.
Whether you are starting a business or operating a going concern, we can
help you select the proper organisational structure and help you secure adequate
financing. We will work with you and your banker, lawyer and other
advisors to solve your business problems.
We can assist you with loan applications, pricing, credit policies, cash
flow concerns, cost controls, and other management issues. We will gladly assist you in
reviewing your operations to see what you might do to be more profitable.
What makes a business successful?
Never stop investigating ways to improve all areas of your business. The
astute businessperson will seek information to assist him or her in making the changes
necessary to stay profitable in a competitive business world.
Here are some ideas that could improve your profits:
Do your homework.
Before you start a new business, be sure the community can support such a business. Some
areas are not large enough to warrant certain specialty shops. A bicycle shop, for
example, may take a population base of 50,000 people to make it profitable. A grocery
store, on the other hand, can be profitable in a town of only a few thousand.
Carefully review business proposals.
Business deals and special franchises which sound too good to be true usually are. We will
gladly assist you in reviewing any business purchase or business proposal.
Enlist the services of professionals.
Accountants, bankers, insurance agents and lawyers can help you solve your business
problems. These professionals handle a variety of business problems every day. They make
excellent sounding boards for proposed transactions.
Check reasons for incorporating.
Don't incorporate your business without first checking the long-range tax and non-tax
considerations. There are many small corporations that would have been better off
operating in some other legal form.
Make payroll deposits on time.
Some businesses receive penalties for late payroll tax deposits. To avoid such problems,
don't sign payroll checks unless the first check in the stack is the payroll deposit to
your bank. This may have you paying deposits earlier than required, but you will not be
Listen to your customers.
You are not only selling products or services, you are selling customer satisfaction.
Satisfied customers return to spend more money and are likely to refer new customers to
Strive to retain customers.
It is estimated to cost ten times as much to acquire a new customer as it does to retain a
current customer through good customer service.
Don't make yourself indispensable.
If your company runs well now in your absence, it will run well in the event of your
disability or death. If you are currently indispensable, start training people now. One of
the most rewarding forms of retirement is to own your own company and to be absent as much
as you like.
Give us a call on 1300 889 848 for a no-charge initial meeting. You should interview
us, as you would any professional, to determine if we will be a good long-term match for
you and your business. If we don't have the answer to your problems, we will assist you in
locating someone who does. We always welcome your questions.
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Tax Accountants Australia provides quality Accounting, Bookkeeping, Business Advisory and Tax Return Preparation services to clients. Whether you are looking for a Tax Agent Casula Tax Agent Chipping Norton Tax Agent Denham Court Tax Agent Hammondville Tax Agent Holsworthy Tax Agent Horningsea Park Tax Agent Hoxton Park Tax Agent Prestons Tax Agent Glenfield Tax Agent Liverpool Tax Agent Lurnea Tax Agent Tax Agent Moorebank Tax Agent Wattle Grove Tax Agent Warwick Farm or Tax Agent in other suburbs of South West Sydney, NSW area, call 1300 889 848 to book an appointment...