Management Accounting/Business Improvement
Through providing management accounting services we aim to assist our clients in meeting their business goals. This means providing ongoing assistance in a wide range of areas including; growing or refining their business to improve business returns, gaining access to new markets, diversifying their operations, planning for the future, evaluating and appraising a new opportunity, providing and critiquing timely financial data.
We also provide regular assistance to our clients when they are dealing with third parties, such as the Rural Assistance Authority, Centrelink and financiers. We help to ensure that they gain access to any entitlements and assistance for which they may be eligible.
For some clients, our management accounting services extend to management of their fortnightly payroll and HR system. We also provide an efficient bookkeeping service through our team of highly skilled personnel. Our bookkeepers have experience in agriculture and agri-services.
Families dominate business ownership in the agricultural sector and it is natural that many families want to pass the business/farm onto the next generation. The reality is, however, that only one in three businesses successfully manage the transition to the second generation. Every succession story is different, but there are some things that apply to most. Our firm has developed programs to help guide families through the succession planning process. We provide assistance with not only the structural and legislative issues of succession planning but also the people issues, such as understanding business and personal goals and assessing strengths and weaknesses of family members. We have alliances with other professionals, such as lawyers, to provide a one-stop shop for the entire process. We also undertake periodic reviews of the plans we have put in place.
Compliance and Tax Planning
We attend to the preparation and lodgement of financial statements and taxation returns on our client's behalf. We are registered tax agents. Our goal is to provide returns in a timely manner and review them with our clients to assist them in managing business performance. We also assist clients in meeting their GST obligations.
FPP Accountants has experience in assisting clients in managing their other regulatory requirements. When engaged to do so, we have reviewed clients' compliance with Employee Awards and have also negotiated Workplace Agreements on behalf of our clients. We can also refer clients to specialists to assist them in complying with other legislation such as Workplace Health & Safety.
Our people have a strong background in the finance sector. As such we are well positioned to assist clients in managing their finance structure. We regularly prepare finance applications for clients for tendering to the banks. We also conduct reviews of client's finance structures and make recommendations in this regard. It is our firm's policy not to accept payments or commissions from any third party provider. Our service and recommendations are therefore uncompromised in terms of independence. We do, however, have a number of contacts within the industry to which we can refer matters. This often means that our client's achieve better outcomes then if they were negotiating on their own.
Our firm is not locked into providing or recommending one IT solution for all businesses. We understand that all businesses have different requirements and IT should be there to support your business. We assist clients in selecting and implementing IT solutions to meet their requirements. We also look at maximizing the integration between separate components of your business. For example, integration of your herd management/farm planning software with your accounting software to provide a 'whole of business' approach to reporting and management.
Our system design skills are not limited to IT. We have also assisted clients in designing and maintaining Quality Assurance programs. This has encompassed a review of the operation, design of procedures and documentation of procedures. This type of system design can be extremely powerful in the agricultural sector as it can open up access to markets and premiums that would have previously been outside your reach.
As a reflection of the growing trend of our clients establishing their own websites, we have recently expanded our services to include a website maintenance service.
Our staff is able to ensure that your site is updated as and when you need it to be. It is commonly accepted within the information technology sector that regular updates of websites ensures that the major search engines (Google, Yahoo etc) will refresh your listing with them and help improve your ranking or page positioning in their searches. Please refer to our external links section to access those websites we currently maintain.
We encourage you to visit the external sites we maintain from our External Links section.
Acquisitions and Mergers
There are several scenarios where you might wish to attain a business enterprise. Whatever the situation, Farm Plan Plus can remove the stress from the process and maximise the opportunity for you.
Whether you are considering buying a business or merging with another business, we have the experience and expertise you require. Are you getting a good deal? Is the business right for you? Can you afford it? Have all avenues for future growth been investigated? We ask the right questions, and find the required answers.
The services we provide cover every stage of the process - From identifying potential acquisitions and negotiating the commercial elements of the transaction to forecasting the future of the business. Our services include:
- A review of your goals and objectives
- Due diligence services
- Preparation of financial forecasts
- Advice on the potential pitfalls and rewards involved in a merger
- Assistance with purchase negotiations
- Advice on financing
- Assistance with preparing a business plan
Drawing on the skills of professionals reduces your chances of purchasing an unsuitable business. Let Farm Plan Plus show you how our experience can save you stress and provide you with the great opportunity a business acquisition or merger can be!
Company legislation requires businesses to perform several administration tasks that take up a lot of valuable company time. The last thing you need as a business owner is to be stressed out trying to ensure you comply with the Corporations Law. The possible threat of penalties for failing to keep up with the changing rules is too great a risk to take.
At FPP Accountants we can relieve this burden for you. Our services include:
- General advice on company law
- Company formations
- Filing annual returns on your behalf
- Preparing all documentation related to minutes and resolutions
- Maintaining statutory books
- Assistance with changes of directors, shareholders, addresses, and office details
- Bonus issues
- Share transfers
- Registered office facility
Please contact us for further information on how we can help you get back to running your business.