Services

Services

Our aim is to provide you with advice when your business needs it - not just when you ask for it.

We'll help you manage every aspect of your business, and because we establish a one-to-one relationship with each of our clients, our advice will be tailored for your business.

Below we have listed the services we offer to our clients. This list is by no means exhaustive, and our team of friendly staff would be more than happy to talk about any services you do not see listed.

Taxation

At Banyan Consulting we offer a full range of taxation services. Our taxation services are based on proven knowledge and experience.
Our proactive approach and quality control systems ensure we deliver a consistent service to our clients and focus on the right outcome.
Taxation can be a major cost to your business. We will work in partnership with you to minimise your tax and help you achieve your key objectives.
We provide a complete service of help and advice in all of the following areas::

  • Taxation Compliance and Planning
  • Taxation Management and forecasting
  • GST compliance and advice
  • Fringe Benefits Tax obligations and Effective employee salary packaging
  • Advice on and implementation of tax effective structures for asset protection and tax minimisation
  • Management of any Taxation Audits or disputes
  • Indirect and State Taxes

We are innovative and forward-looking in finding key solutions for our clients in Accounting, Taxation, and Specialist Services. We incorporate on-line appointments, e-commerce and on-line Accounting.

We are a Firm which values clients seeking to entrust their accounting, financial and business advisory needs a dynamic-thinking team. Rapid economic changes and increases in competitive pressures magnify the significance of the decision as every business, organisation and individual must make the very most of their valuable resources. We can provide you with valuable information to help you make the right decisions with tools such as benchmarking, cashflow forecasting and much more!

We can help find the solutions, so enquire or contact us today.


Property Investment

Superannuation

At Banyan Consulting we provide superannuation services to effectively allow you to reach your financial retirement goals. Services we offer include:

  • Establishment of Self Managed Superannuation Funds - from $825.00
  • First Year Set up Fee - From $385.00
  • Completion of Annual Compliance - from $1870.00
  • Superannuation Audits and SIS Review - Independent Audit Fee
  • Advice concerning Compliance Matters
  • Advice concerning Taxation Benefits
  • Advice on Employer obligations
  • Updating Trust Deeds - from $440.00. We recommend Trust Deeds be reviewed on a regular basis. If your Trust Deed has not been upgraded for Simple Super from 1 July 2007 it's time to have the Deed reviewed.

Benchmarking

Have you ever wondered how your business performs compared to your competitors? Are you spending enough on advertising? Are you paying too much rent? Are your staff costs too high? What is the average bottom line of your competitors?

Survival in today's business climate requires you to spend more time working on your business rather than in the business.

We can provide you with accurate, timely and informative benchmarking reports - allowing you to:

Bookkeeping & Accounting

Modern business demands up to date accurate financial information.

We can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts and periodic management accounts for tax, business appraisal and planning purposes.

We will discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.

Budgeting

A good budget is a necessity in a good business plan. It is one of the best business tools we have, allowing us to set financial targets and measure our performance.

In addition to goal setting value, budgets will often improve your chances of acquiring funding. Financers often require budgets as a prerequisite for funding approval.

The techniques we utilize in the formation of financial projections will allow you to consider future scenarios and give you goals to strive for in your business. There are many types of budgets and we can help you design the right budget for your needs and requirements.

Let us show you how a budget is able to provide feedback to allow you to prepare for the future of your business.

Business start-up

Let us help you turn your business idea into a reality.

If you have a good idea for a new business venture but don't have expertise in the legal or financial aspects of creating a new business, we can help you:

  • Decide on the most suitable structure for your business - sole trader, partnership, or limited company
  • Prepare a business plan, cashflow projections, budgets, and trading forecasts
  • Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
  • Establish a good working relationship with your bank
  • Register for an Australian Business Number with the ATO
  • Complete registration procedures with Australian Securities and Investments Commission
  • Deal with company secretarial issues
  • Set up a recording system for your internal use and for complying with statutory requirements

Risk management

A multitude of risks exist in today's business environment. At Banyan Consulting we pride ourselves on our proven ability to accurately assess risk and to protect you from vulnerabilities inherent in your enterprise. An effective risk management strategy will improve performance, allow completion of goals, and protect the value of your business.

A risk assessment includes:

  • Assembling relevant information about your business and its market
  • Identifying major risks facing your organisation
  • Developing a risk strategy
  • Implementation of the risk management procedures