Are you an individual who is thinking of owning a business? Opening your own business is an exciting venture. It’s everything that comes after the interest wears off that determines whether the business will stand the test of time or not.
A good business plan is required to fulfil your goal or dream of running a successful business. Success lies in the approach you choose to take. At CTBS, we will help you avoid the common pitfalls that many new business owners make when starting their new venture.
We Can Help You
- Determine your start-up capital needs.
- Identify sources of start-up capital and backup sources if needed.
- Select a business structure that fits your needs by evaluating legal exposure, tax advantages and ease of operation.
- Prepare a Cash Flow Budget, so you know exactly how much money you need to keep the business alive.
- Select the right accounting package by evaluating your needs and budget.
- Provide payroll and payroll tax filing when you bring on your first employee.
Business Accounting Service
As a business owner, you have many things to do than performing accounting tasks. We take care of your accounting work for you so that you can run your business with ease. Each month or quarter we will do the following things for you:
- Generate an income statement.
- Reconcile your bank account.
- Provide unlimited consultations.
- Clean up your general ledger.
- Generate a balance sheet.
These responsibilities form the solid foundation of your business accounting system. You can personalise the package of services you get by adding payroll, or any other services.
Cash Flow Management
Everything is ideal when your cash inflow exceeds your cash outflow. A cash problem can be emotionally devastating and it can affect your business negatively. Our cash management service allows you to:
- Know the best sources for meeting your additional cash needs.
- Be prepared to meet these needs when they occur, by keeping good relationships with bankers and creditors.
- Know when, where, and how your cash needs will occur.
Business Consulting Services and Strategic Support
You need to consult with a professional and trusted advisor regularly on all aspects of your small business in order to work toward achieving your aims. Small business owners deal with difficult issues from time to time. CTBS Partners takes the time to answer your questions. Regardless of how complex your business issues are, we will take care of it. We will help you achieve your business dreams.
With an accurate, complete track record and consistency. We will compare your business results to the industry standards and identify any areas that need improvement. We are your go-to company for your business set up, business management, financial consulting, and financial control guideline needs in Australia.