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Business Management



Benchmarking

Have you ever wondered how your business performs compared to your competitors? What is their average bottom line? Are you spending enough on advertising? Are you paying too much rent? Are your staff costs too high? 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 benchmarking reports that enable you to:

  • See how your business compares to your competitors
  • Understand more about how the rest of your industry works
  • Analyse the key performance indicators in your industry

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



BOOKKEEPING

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

Do you need cash flow or budgeting assistance? We can show you how to make your software work for you to give you up to date information at the click of a mouse, so you can focus on what you do best; running your business!

Don't forget, as a valuable client we can also put you in touch with a bookkeeper if required; we have relationships with a range of bookkeepers with experience covering various software products.

We have a team of experienced staff who will discuss your requirements with you and provide expert information relevant to your particular situation, as well as constructive advice, on a regular basis.

It is also worth remembering that before you purchase any software, it is a good idea to come and see or speak to our team first.



BUDGETING

A good budget is a necessity in any successful business, and is one of the best tools you can implement.

By setting your financial targets and measuring your performance, you can ensure that you are achieving your objectives and progressing towards your financial goals in the future.

In addition to goal-setting value, the techniques we utilise to form financial projections enable you to consider future scenarios and ways to maximize your cashflow and business performance.

We can help you design the right budget for your requirements and ensure you are one step closer to achieving your goals!



Business Start-Up

Plus 1 Group takes the hassle out of turning a business idea into a reality!
We specialize in business startups and can assist you with the following:

  • Decide on the most suitable structure for your business - Sole trader, partnership or limited company
  • Assess your finance requirements, advise on the best sources of finance and draw up the necessary proposals
  • Establish a good working relationship with your bank
  • Register for an Australian Business Number, Tax file number and GST with the ATO
  • Prepare registrations for work cover and assess your work cover requirements
  • Prepare cash flow projections and trading forecasts
  • Complete registration procedures with the Australian Securities and Investments Commission
  • Deal with company secretarial issues
  • Decide on the most suitable recording system for your internal use and compliance with statutory requirements

If you have a business idea, contact Plus 1 Group and let us help you turn your business idea into a reality!



Cashflow 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 your 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.



Financing

A wide range of financing options exist each with their pros and cons. At Plus 1 Group we know the financial market and have the experience to assist you in securing the best financing option for your personal and business goals. Our experience in the market means we can also structure debt upon acquisition to maximise tax advantages.

Let our experienced team explore the best financing options with you to get your business closer to its goals!



Management Consulting

Our aim is 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. We can identify key performance indicators in your business, through which you will see positive changes occurring with the help of our professional consultants.

We check that 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 to ensure the ongoing success of your venture.



Office Duties

Here at Plus 1 Group we understand that day-to-day office duties are not everyone's cup of tea and are happy to help out with some or all of the following services:

  • Processing wages
  • Paying creditors and processing payments
  • Collecting and banking debts
  • Various secretarial tasks



Payroll Services

Administering your payroll can be time-consuming and divert you from your core business activities. Added to this, payroll and employment legislation are growing increasingly complex.

We can relieve you of this burden by providing a comprehensive, confidential payroll service that includes:

  • Customised payslips
  • Administration of PAYG, statutory sick pay, and annual leave
  • ATO filing
  • Summaries and analyses of staff costs
  • Administration of incentive schemes, bonuses, and termination payments

Even if you only have a few employees, you will save by engaging us to administer your payroll.



Portfolio Management

The experts at Plus 1 Group offer a portfolio management service that makes handling your investments easy! We provide the people, tools, and methods you require to effectively manage your investment portfolio.

Your portfolio manager keeps abreast of the changes in the investment market, saving you the trouble of doing the research yourself. You maintain control of your investments while eliminating unnecessary risks and delegating the everyday tasks and complex decisions to your experienced investment manager.

At Plus 1 Group we design and manage portfolios with your individual requirements and objectives in mind. This means your investments are handled in the most efficient manner possible and ensures your goals are met.

Contact us today for specialist assistance with investments!



Risk Management

A multitude of risks exist in today's business environment. At Plus 1 Group we pride ourselves in our proven ability to accurately assess risk and protect you from vulnerabilities inherent in your enterprise. An effective risk management strategy improves the performance of your business, enables you to complete goals, and protects the value of your business.

Our risk assessment includes:

  • Assembling relevant information about your business and market
  • Identifying the major risks facing your organisation
  • Developing a risk strategy
  • Implementing the risk management procedures



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 Australia. Here at Plus 1 Group we invest considerable resources into ongoing staff training to ensure we can recommend the best accounting solution for your business.

We are also BankLink Professional AdvisorsMyob Certified Consultants and Xero Gold Parnters.



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 develop 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



Business Health Check

Would you like a detailed report on the areas your business can improve in?

Plus 1 Group strives to work with you to grow and develop your business wherever possible. We are confident that we can supply you with valuable information about your business and provide you with professional advice to help safeguard against potential risks and improve performance, profitability and cash flow.

By running through a series of questions about your business with one of our knowledgeable accountants, we can provide you with a detailed report analysing several key areas of your business including asset protection, estate and succession planning, superannuation, cash flow, staff and payroll. We believe there is no 'one fits all' solution, which is why we offer an individual, personalised report for every business.

Contact our office on (03) 5833 3000 to arrange an appointment to speak with one of our knowledgeable accountants.