Creating a better financial future for you.
Creating a better financial future for you.

Where are you in your business journey?

As a business owner you will be at different stages in your financial journey. You may be thinking about starting a business but not sure how to go about it or you may have been operating your business for some time and trying to take it to the next level. You may also be thinking of selling your business and need a game plan to maximise its value.

Your business journey

No matter where you are currently at, the team at VBA can help you successfully navigate your business journey.

Starting a business is an exciting time. You finally get to be your own boss and bring to life the idea that has been developing in your mind for years. However, business can be tough and unfair and full of twists and turns. You need to protect yourself and seek professional advice to start your business journey on the right foot. 

We give you the best possible chance of success by:

  • Establishing a business structure that protects you and your family; 
  • Structuring your business to minimize the amount of income tax you pay; 
  • Establishing a bookkeeping system to put you in control of your finances; 
  • Appraising the value of your business to ensure you are not paying too much for it; and 
  • Preparing a forecast to help you get a loan from your Bank. 

If you need help with other aspects of starting your business such as negotiating your lease or obtaining funding from your bank, we can assist by recommending you to our trusted business partners. 

We have helped hundreds of businesses just like yours successfully start their business journey.

for more information on how we can help start yours.

Manage my books & tax compliance

You have successfully started your business and have hit the ground running. Now the real work begins. You need customers and cash flow, good people to help run your business and operating systems to successfully deliver what you have promised to do. You have plenty of passion but have limited time and experience in running a business, particularly when it comes to balancing the books and managing your financial obligations.

That’s where we can help. We make things simple for you by managing your financial and compliance obligations.

We help you by: 

  • Taking care of the bookkeeping;  
  • Preparing and lodging your Business Activity Statements; 
  • Preparing and lodging your annual financial reports and tax returns; and 
  • Managing all communication with the ATO so you don’t have to. 

We offer tailored packages for businesses of all sizes and needs.  

to discuss what you are looking for and how we can best help you.

Grow my business

Congratulations! You have successfully navigated the first few years of business and have survived. You have customers that love what you do, have developed a good team around you and are profitable. You have created solid foundations and are ready to take your business to the next level. The level where you can take a holiday and the business continues to operate without you, where it pays you an income above your salary and provides you with a rewarding lifestyle.

Successfully growing your business requires a financial game plan. A plan that starts with a candid assessment of where you are at, defines where you want to be and explains how you are going to get there. Sounds easy enough, in theory, but a real plan for growth can be a challenge for most business owners without enlisting some outside help.

VBA has solved this problem for business owners by offering a service called My Business Brain. Using cloud technology we extract the financial data from your accounting system and provide you with the information and insights you need to grow your business.

This program helps you make better business decisions by: 

  • Showing you where your business is currently at and how it compares to others in your industry; 
  • Creating a financial plan to improve profitability, balance sheet management and cash flow; 
  • Identifying your key business drivers and how they impact your business performance; 
  • Providing an efficient system to constantly measure and monitor your financial performance; and 
  • Providing you with the time and information needed to grow your business. 

to receive your complimentary guide to growing a profitable business.

Prepare me for sale

You are proud of what you have created – a business that has stood the test of time and provided a great lifestyle for you and your family. But you know that owning a business is not forever and have decided that it’s time to prepare the business for sale.

Our experience in working with business owners for many years is they think their business is more valuable than it is. Privately owned businesses are typically reliant on the owners and when it comes time for them to move on, the business doesn’t retain the same value without them.

In preparing your business for sale it is therefore critical to assess the assets of the business and whether it can continue to be profitable and grow without you continuing to work in it. This takes time and requires a plan to transition the business from owner-operator to one that can operate and grow without your daily direction and input. If you fail to make this transition you may find it difficult to sell your business and will not maximise the price you sell it for.

We help business owners prepare for sale by: 

  • Providing an assessment of what your business is currently worth; 
  • Identifying the key business assets and drivers of financial performance; 
  • Creating a plan to develop and improve these key business assets; and 
  • Improving the underlying profitability of the business. 

to discuss how we can help maximise the value of your business.

Maximise my wealth

You have successfully sold your business and transitioned it to the new owners. Congratulations and I’m sure you feel a sense of relief and excitement for what the future holds.

But before you get too excited and run-off on a well-deserved holiday, you need to make sure the tax-man does not get too much of your hard-earned cash and you set yourself up for your next business adventure or retirement.

We help business owners minimise the amount of tax they pay on the sale of their business by: 

  • Reviewing their business structure; 
  • Advising on how to use the small business concessions to minimise tax; 
  • Tax planning for the financial year in which the business is sold; and 
  • Advising on the benefits of a self-managed superannuation fund for tax minimisation and wealth creation. 

Should you require specific investment advice or recommendations regarding self-managed superannuation, we will arrange a complimentary meeting with one of our wealth partners, who are licensed to provide this advice. 

to discuss how we can help minimise your tax.