Individual taxpayers and business owners alike are increasingly looking to their accountants to provide them with more services than just the preparation and lodgment of their annual tax return. Demand from wage earners and business people who are more financially astute is growing and they are expecting more from their financial advisors. While some accounting practices focus on specific areas like taxation, MSI Taylor is a full service firm with a wide range of services on offer to clients. We’re able to provide everyone from individuals to start-ups, mid-sized firms to large organisations a comprehensive service offering to cover all of their needs. Are you taking advantage of all your accountant has on offer?
Fine tune budgets and strategic plans
We can assist business owners in becoming more productive and more profitable by working with them to review internal processes and practices to find efficiencies. We work with clients and their in-house finance staff to prepare finely targeted budgets built on robust data and designed to produce meaningful performance indicators and set realistic goals. We can also prepare comparisons against industry benchmarks so that you can see how you are tracking against the best in the business.
Ready to exit stage left
Getting your business prepared for sale, retirement or succession takes time, about 5 years on average, and getting the right advice during this transaction is important. More business owners are beginning to understand the importance of getting advice to help this process as increasing numbers of Baby Boomer business owners are looking to retire. If a business has a planned and structured exit strategy for the owner, it will command a better price when sold. Alternatively, if the business is staying in the family, an orderly handover to experienced managers or family members also increases its value and sets the foundation for continued growth and profitability.
Grow your wealth
Wealth creation, investing and self-managed super funds (SMSFs) are increasingly complex areas to manage and it pays to receive expert advice. We can assist with wealth creation strategies that are not only for business owners or high net wealth individuals, but are suitable for everyone. We believe that anyone should have the opportunity to create wealth if they so desire. We also have experts in commercial lending, leasing and construction investment strategies, as well as staff dedicated to helping set up and manage SMSFs.
If you’re interested in finding out more about these or any other of MSI Taylor’s services, get in touch via phone or email.