Accounting and Tax Advice for Startup Businesses
Building the foundations of better business success. Tax and business advice for start-ups.
Building the foundations of better business success. Tax and business advice for start-ups.
Did you know that the best time to find a business accountant is actually before you start your business?
When you speak with a business accountant before starting out in your business, you have the opportunity to learn, ask questions, and get the right advice ahead of your journey.
Keep in mind that ‘you don't know what you don't know’. We’re yet to meet a business owner who hasn't gained valuable knowledge from our start-up business consultations.
No matter how small or simple you think your small business is, you are guaranteed to benefit from the knowledge and guidance of our experienced business accountants in Melbourne.
We work with a heap of small businesses and startups. And trust us, we know a thing or two about business start-ups, as we built Platinum Accounting from scratch over a decade ago. So we encourage our clients to pick our brains to take advantage of our knowledge and experience as business owners, not just as your advisor.
Not only are we accountants, but we have a marketing background to boot. And we’ve utilised our marketing knowledge and skill in our own business, so we have valuable information to share to help you get your business off the ground.
See below to learn more about the services we recommend for start-up businesses.
A crucial step towards getting started in business is selecting the right business structure. Your chosen structure will influence things such as business growth, tax effectiveness, asset protection and succession planning. These are areas that you really can’t afford to get wrong.
So we highly recommend that you speak with us first to get professional business and tax advice specific to your business goals. We can guide you through the various structuring options to determine which is most appropriate for your circumstances.
When starting a business, we recommend you get set up on cloud accounting software from the get-go. Don’t bother with clunky spreadsheets or software that can’t produce a balance sheet - hint: the balance sheet is the backbone of your financial data.
Forget programs such as Rounded and Cash Flow Manager. We always encourage new business clients to think big and we’re unashamedly Team Xero.
Depending on your industry, there are app stacks that will compliment your business and integrate effortlessly with Xero. We’ll show you how to systemise your business and save you a heap of time.
Our business start-up advice is just the beginning. Our Team can help you get set up on Xero and we can also give you the Xero training you need.
You don't know what you don't know, as the saying goes. Investing in professional advice from the beginning can save you thousands in taxes, penalties, and other costs.
Before you’ve made any moves to take your brilliant business idea to market, or even if your business has already made it through its first year and you’re ready to uplevel, chatting with us is a worthwhile (and recommended) investment.
From business structure advice to helping you devise your business and marketing plan, we’re here to equip you with the knowledge and insight you need to hit the ground running.
We can help you move from inefficient and meaningless spreadsheets to automated cloud accounting software such as Xero, to help you really start to move the needle in your new business.
We can upskill you with Xero Training and recommend the best app stacks for your industry. Or we can even take your future bookkeeping needs off your plate - to give you back the time you need to invest in your business. Whatever your needs, we can give you the guidance you need to start your business off on the right foot.
We’re accountants and bookkeepers in Melbourne who help start-up businesses across a variety of industries.
We’ll teach you financial literacy and automate your business processes with the latest tech, for maximum efficiency. Working with our Melbourne accountants means you have access to CFO-level support and a business coach at your side.
What are you waiting for? Book a call with our team to have your business start-up on the right foot.