Bookkeeping/Accounting

Modern business demands up-to-date, accurate financial information. We can relieve you and your staff of the enormous burden of all your bookkeeping and accounting requirements, including the preparation of your annual accounts and periodic management accounts for tax, business appraisal, planning purposes, and more.

We will discuss your requirements with you and provide information relevant to your situation, as well as constructive advice, on a regular basis.

Budgeting

A good budget is a necessity for a good business plan. It is one of the best business tools you can have, enabling you to set financial targets and measure your performance.

The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business.

In addition to goal-setting value, budgets will often improve your chances of acquiring funding. Financiers often require forecasts as a prerequisite for funding approval.

The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business. There are many types of budgets. We can help you design the right budget for your requirements.

Let us show you how a budget can provide feedback that helps you prepare for the future of your business!

Business Start-up

If you have a good idea for a new business venture but don't have expertise in the legal or financial aspects, we can help you:

• Decide on the most suitable structure for your business - Sole trader, partnership, or limited company

• Help prepare a business plan

• Cash flow projections, budgets, and trading forecasts

• Assess your finance requirements, advise on the best sources of finance, and help draw up the necessary proposals

• Establish a good working relationship with your bank, or recommend one we already work with

• Deal with company secretarial issues

• Set up a recording system for your internal use and for complying with statutory requirements

Let us help you turn your business idea into a reality!

Cash Flow Forecasting

Are you holding too much inventory? Is this the right time to expand your business? Are you going to have enough cash to pay all expenses every month? Surviving in today's business climate requires you to spend more time working on your business than in it.

We can provide you with accurate, timely, informative cash flow forecasting reports that enable you to:

• Realise and understand when cash is available

• Plan and prepare for expansion, stock control, and taxes

• Analyse and anticipate key expenses

Equipped with this information, we'll work with you to develop action strategies that improve your bottom line.

Financial Planning

Financial planning involves developing comprehensive, effective strategies to strengthen your financial security and ensure your financial goals can be met. These strategies provide a separate source of income to your business or employment income.

Our qualified, experienced team can discuss your financial options with you and provide a three-stage service in financial planning that includes:

• Initial financial advice

• Implementation of a financial plan

• Ongoing investment portfolio management

A variety of investment options are available, including corporate bonds, term deposits, local body and Government stock, New Zealand and overseas shares, managed investment funds, and more.

Don't take unnecessary risks with your future. Allow the professionals at Flashpoint Accounting to guide you towards achieving your financial goals!

Management Consulting

We aim to ensure your business achieves the potential it is capable of. We have the know-how and experience to offer advice that helps you run your business more effectively.

We are practiced in acting as a sounding board for management, bringing years of experience in business growth to the relationship. Our professional consultants identify the key performance indicators in your business and help you bring about the required changes.

We check your business is as competitive, focused, and profitable as it can be, then offer flexible strategies designed to address the issues affecting your business.

Let us give your business a health check! Take the practical advice we can provide and ensure the ongoing success of your venture.

Software Solutions

Let us help you make the right choice of accounting software. A decent accounting system will help you keep track of your cash flow and let you complete GST returns easily.

Choosing the right system for your business can be difficult. After all, there are over sixty accounting packages available in New Zealand. Here at Flashpoint Accounting we invest considerable resources into ongoing staff training to ensure we can recommend the best accounting solution for your business.

Strategic Planning

The pressures of daily business can often mean strategic planning takes a back seat, but to have a successful business, it is vital to plan ahead. We'll help you establish a strategic plan that examines where you want your business to be in the next 3-5 years and exactly how you and your team can achieve these aims and objectives.

Your strategic plan will:

• Define the characteristics of your company in three to five years

• Identify your competitors

• Define your objectives and financial goals

• Include an effective implementation strategy to achieve your goals

Rental Properties

At Flashpoint Accounting we have the expertise required to assist you in a variety of areas relating to residential and commercial property. The services we offer our include:

• Advice on purchasing a property

• Advice on funding

• Guidance on tax minimisation

• Advice on ownership structure

• Periodic reviews to ensure returns are maximised

The importance of forecasts in making a residential investment cannot be emphasised enough. We can provide you with forecasts for:

• Revenue returns

• Financial position

• Potential growth

Contact us today for more information on how we can assist you in the business of rental properties!

Selling a Business

Selling a business can be a difficult, disheartening time, and the tasks involved can seem particularly arduous. At Flashpoint Accounting we remove the stress from the process.

The services we provide for preparing to sell a business include:

• Establishing a realistic sale price

• Advice about taking the business to the market

• Providing financial information to prospective purchasers in a suitable format and timely manner.

• Advice on details while drafting a contract

Our friendly, professional staff can help you obtain a maximum return for your business.

Succession Planning

To ensure the long-term success of your business, it is critical to establish a well-designed succession plan. Coordinating the transition of your business to your successors can be an arduous process. However, with our years of experience we can address the complex issues of business continuation, removing the stress from your shoulders.

Contact us for more information on forming a plan that facilitates a hassle-free continuation of your business!

FBT Management

The rules for Fringe Benefit Tax payments change on a regular basis. At Flashpoint Accounting we keep up to date with the latest tax trends, enabling us to provide accurate advice on preparing FBT returns. We can also advise on the FBT consequences of proposals you intend to make, ensuring you make informed decisions.

Rather than paying excessive amounts of FBT, let the experts answer your tax queries. We can help you develop and complete the administration for a cost-effective employee benefit plan.

GST

GST legislation is an area we know like the back of our hand. We can offer accurate, timely assistance in several areas, including:

• Registration queries

• Preparing GST returns

• Filing and adjusting GST returns

• IRD audit assistance

• Specialist events involving GST, for example, sale or purchase of property

Taxation

At Flashpoint Accounting we offer a full range of taxation services. We offer advice based on proven knowledge and experience. Our proactive approach ensures we deliver consistent service and build solid relationships that stand the test of time.

Taxation can be a major cost to your business. We will work with you to minimise your tax and help you achieve your key objectives. We provide a complete service of assistance and advice in each of these areas:

• Preparing personal and company tax returns

• Advice on tax payments

• GST/FBT/ACC obligations

• Advice on, and implementation of, tax effective trust structures for asset protection and tax minimisation