We look forward to talking to you very soon and larning more about your business.
Pre-x-ray, Hudson’s clinic was turning over $4.1m, and he wanted to grow to $6m.
In 12 months of working together we helped him hit 5.5M, falling slightly short of our ambitious goal only because a key acquisition to expand the business was not made.
The rainy day fund has achieved its target of $1.5m.
We undertook quarterly meetings with Hudson delivering reporting which showed performance over the quarter, measuring key metrics against set KPIs. This gave the client the opportunity to review spending, specifically areas where expenditure seemed higher than expected.
The purpose of the meetings was to allow Hudson to make better decisions in real-time to keep on-track with achieving goals.
Meet Hudson
Jakub Chudy was being charged in the highest marginal tax bracket before working with us.
We introduced a structure which helped him to reduce the risk of further investments, protect his assets and provide for his children's future, and reduce his tax rate.
After exiting and selling his ownership we helped him reduce capital gains tax on his profits.
Reducing tax rate while protecting assets for the future
Chudy Family
Increased their profits over 100% within 12 months of working with us
PVD Physiotherapy increased their profits over 100% within 12 months of working with us, where we helped advise on:
> When to buy new equipment
> when to hire staff
> how to manage their cashflow during a fast growth period where they have doubled their profits and their headcount.
We used the business x-ray process to help PVD Physiotherapy identify their goals for FY22 and the priority areas needing focus to help them achieve their goals.
PVD wanted to control more of the work themselves and use us as a guide to help them with their BAS preparation when they needed it, implementation of Xero and adhoc meetings to discuss topics such as cashflow, staff recruitment, asset purchases and the like.
We were able to tailor a package to suit their needs whilst still helping them to focus on the priority areas to grow their business.
PVD Physiotherapy
Our Team can help with:
Strangely, we know and love income tax law! Our team of tax specialists are here to provide you with their expert and insightful solutions tailored to your business and your unique circumstances.The right advice can help you with business structures, asset protection, tax incentives and much more.
Going beyond ‘check-box’ services like management reports and annual financial statement, our experience and expertise can be put to good use in helping you with cash flow forecasting, budgeting, succession planning, acquisition advice and much more.
Nobody likes paying more tax than they have to. By partaking in our Tax Optimisation Strategy Service (yes, we know it shortens to ‘TOSS’!) our experts can help you to effectively structure your tax obligations to ensure you only pay exactly what you need to and plan for the future.
Our bookkeeping service is a vital part of any business staying up to date on key financial metrics and ensuring they’re accurate, so that you can make better decisions, quicker.
Preparing and lodging your quarterly BAS and annual tax returns is a time-consuming (not to mention boring!) task. That being said, it’s important to stay compliant. Partner with us at Venta Belgarum Associates and we’ll take the worry and confusion away, looking after everything needed to keep you in the good books of the ATO.
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