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Business Structuring

Business Structuring in its essence is beginning with the end in mind.

Strategic Business Structuring for Success

Structuring in its essence is beginning with the end in mind. Ensuring that you’re structured correctly within your industry for your circumstances is one of the most significant issues that business owners face and is often the area in which it can provide the greatest benefit. No matter at what stage of the business life cycle structuring correctly will provide a benefit. Reviewing the structuring yearly ensures that the business structure of the past reflects the current goals and circumstances of the present and future. Through this, we apply a proactive approach and provide the best environment for you to operate.

One of the keys to success is being set up to succeed. Structuring correctly ensures success both now and in the future.

Building a Strong

Business Foundation

Starting a business is a bit like building a house and you need solid foundations. In a business sense these include the right taxation structure, accounting software, insurances and marketing. Your choice of business structure is critical and there are a number of different options such as sole trader, partnership, company and trust. When it comes to selecting the most appropriate tax structure for your business we always recommend you ‘start with the end in mind because Australian tax laws are complex and changing your business structure at some point in the future can trigger a capital gains tax event that could prove costly.
Whenever we provide advice on business structures we always take into account issues like
Risk Profile of Your Industry (and trades are high) As a consequence, we often find the business structure is a compromise based on the relative importance of each of these issues. Your choice of accounting software is another brick in your business foundations and up to date, accurate financial records let you to make informed business decisions.
Building a Strong Business Foundation

Matching Your Business Needs with the

Right Accounting Software

The wrong choice of software can be catastrophic and you need to match your business needs with your level of accounting skill otherwise you could end up producing ‘computerised shoebox’ records. This can cause frustration and extra fees which conflicts with our mission of helping you slash the cost of bookkeeping and compliance. Here at Acuity financial services, we want to be your accountant and business advisor, not an expensive bookkeeper. You’ll find we support a range of software options but do have a preference for cloud-based solutions like Xero.

To build a house you also need the right tools and when constructing your business we have developed a number of tools including a start-up expense checklist broken down into various categories including
Business Structuring - Services

Using Xero software for your business can bring many benefits, such as real-time access to financial information, automated processes, and user-friendly interfaces. Here at Acuity Financial Services, we understand the importance of utilising modern accounting software like Xero to help you streamline your financial management processes and make informed decisions about your business.

However, we are more than just a bookkeeping service. We pride ourselves on being your trusted financial partner and providing customised solutions that meet your unique business needs. Whether you require bookkeeping, tax planning, or financial advisory services, our team of experts is here to support you every step of the way. 

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Building Your Business: A Complete Startup Expense Checklist

To build a house you also need the right tools and when ‘constructing’ your business we have developed a number of tools including a start-up expense checklist broken down into various categories including

Business Structuring - Checklist

Our Worthy Clients

Lee Lim
2022-12-03
Been using them for years now managing my trust and e-commerce business. Very happy with their service 👍
Neha Mital
2020-12-06
Thank you Matt for your excellent service for both tax filing and advice. Matt's knowledge and expertise is extraordinary. He is extremely thorough and articulate, whist following legal requirements, ensuring all aspects of tax, including income and expenses are well considered and the returns are maximised for me! Matt goes above and beyond to communicate and assist me and it is a pleasure working with him. I highly recommend Acuity Financial Services.
Stefan Angelini
2020-10-06
All of my clients have had a wonderful experience working with Matt and the Acuity team. Not only are they a world of knowledge when it comes to tax planning and advice, but they take the time to get to know my clients to ensure they provide the best strategies. Couldn't recommend them highly enough.

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