Business planning

Managing a business without a plan is like jumping out of a plane without a parachute. Sounds dramatic, but it’s true. Every business venture involves risk and travelling into the unknown – but as accountants we like to make sure that your business has a safety net and can achieve plenty of rewards.

With one of the most complex taxation systems in the world, Kothes Accounting Group works hard to stay on top of taxation legislation, business management and compliance across a range of business sectors.

And although this might be stating the obvious, Kothes Accounting Group is a business. We employ 50 people in the Bega Valley, Sapphire Coast and Snowy Mountains districts. We have been in business since 1947 and have grown from one office to seven, navigating our way through the ever-changing and highly competitive business, technology and taxation landscape.

We manage our own business, and comply with all our own tax and business compliance obligations. As such, we are continually striving to improve efficiency and achieve sustainable business goals within our own business, so we are able to pass on what we know and are learning onto you, our valued business clients.

Business planning

It is essential for all businesses to have a plan. But often business owners are so busy working in their business, they rarely take the time out to work on the business. Our chartered accountants are in the best possible position to provide:

• Professional business compliance advice
• Budget planning
• Cashflow forecasting
• Succession planning
• Strategic business planning

Minimise tax, increase profits

Our goal is to help businesses succeed by minimising tax and increasing profitability.

We can help you:

• Boost your profits
• Increase the value of and protect your business assets
• Maximise your cash flow
• Map your future business goals
• Minimise your risk
• Review and develop your business structures
• Provide ongoing management support and mentoring

Virtual Chief Financial Officer

Due to the advances in technology, it’s really simple for Kothes Accounting Group to be your Virtual Chief Financial Officer – through the advancements in technology with accounting programs and cloud accounting, we can step into your business and provide proactive advice, HR support, risk assessment and ensure you are meeting your superannuation obligations. We can also review and develop your business structures with you.

Succession planning

Are you working so hard in your business you haven’t had time to think about where you will be in 5, 10, 20 years time? Part of your business planning needs to look at succession planning. Is it a family business? Will you sell it to fund your retirement? Who is going to be the future owner of your business? How are you going to exit your business? We can work on strategies with you to help plan for the future, and give you the best possible chance of creating wealth and work towards a successful outcome for you and your business.