Acquisitions and Mergers	Payroll Services
Audit	Rental Properties
Benchmarking	Risk Management
Bookkeeping	Selling a Business
Budgeting	Succession Planning
Business Startup and Structuring	Software Solutions
Cashflow Forecasting	Strategic Planning
Company Secretary	Superannuation
GST	Taxation
Management Consulting	Valuations

What a client has said about us -

“Just a quick note to say thank you to you, Michelle and your staff. In these days of little or no feed back I would like you and your staff to know my appreciation. Sometimes it is hard to be understood or to relate to a different way of seeing things and how both sides work. Over the short period in your offices and dealing with all of the staff I felt like a real person /entity that was definitely not just a number, (which had been my gripe in the past). The advice and interest shown has left me in an extremely positive mood and the knowledge I am in good hands.”
Steve Roberts (Ayecee Pty Ltd)

Acquisitions and Mergers

There are many scenarios in which you might wish to attain a business enterprise. Whatever the situation, Munro Accountants are able to take the stress out and maximise the opportunity for you. We ask the right questions, and find the necessary answers. Are you getting a good deal? Is the business right for you? Can you afford it? Have all avenues for future growth been investigated?

The services we provide incorporate every stage of the process - from identifying potential acquisitions, through to the negotiations of the commercial elements of the transaction, through to forecasting the future of the business.

Incorporated in this is includes:
1) A review of your goals and objectives
2) Due diligence services
3) Preparation of financial forecasts
4) Advice on potential pitfalls and rewards involved in a merger
5) Assistance with purchase negotiations
6) Advice on financing
7) Assistance with preparation of a business plan

Calling on the skills of professionals means you will be far less likely to purchase an unsuitable business

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Audit

Here at Munro Accountants we view Audits not as a necessary evil but rather as a great opportunity to review your business.
Our audit team will work closely with you to get to know your business. We use the latest computerised systems, based around a detailed analytical review of the accounts. This allows us to offer an objective view of your business so we can advise you of any potential problem areas.

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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:
1) See how your business compares against your competitors
2) Understand how the rest of your industry works
3) Analyse the key performance indicators of your industry

Armed with this information, we'll work with you to develop action strategies to improve your bottom line. 

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Bookkeeping

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. 

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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.

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Business Startup and Structuring

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:

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

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Cashflow Forecasting

Have you ever wondered if you are holding too much inventory? Is this the right time to expand your business? Are you going to have enough cash to pay all expenses every month?

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 cashflow forecasting reports - allowing you to:

1) Realise and understand when cash is available
2) Plan and prepare for expansion, stock control, and taxes
3) Analyse and anticipate key expenses

Armed with this information, we'll work with you to develop action strategies to improve your bottom line.

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Company Secretary

Company legislation requires businesses to perform many administration tasks 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 are complying 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 Munro Accountants we are able to relieve this burden for you. Our services include:

1) General advice on company law
2) Company formations
3) Filing of annual returns on your behalf
4) Preparation of all documentation related to minutes and resolutions
5) Maintenance of statutory books
6) Assistance in changes of directors, shareholders, addresses, and office details
7) Bonus Issues
8) Share transfers
9) Registered Office Facility

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Superannuation

As the Government encourages Australians to take responsibility for and reach their financial retirement goals, citizens are repeatedly required to deal with Superannuation funds.

Self Managed Superannuation is a means of saving for retirement. It allows you to control your investment strategy, reduce tax while obtaining tax benefits, and control administration costs.

Superannuation law is a complex area and personalised planning is required for each individual. At Munro Accountants we can assist in establishing a superannuation fund that will effectively allow you to reach your financial retirement goals.

Services we offer include:

1) Establishment of Self Managed Superannuation Funds
2) Completion of Information for the Insurance and Superannuation Commissions
3) Superannuation Audits
4) Advice concerning Compliance Matters and Taxation Benefits
5) Advice on Employer obligations

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Taxation

At Munro Accountants we offer a full range of taxation services.

We provide a complete service of help and advice in all of the following areas:

1) Preparation of activity statements and advice on payment of tax
2) GST/FBT obligations
3) Advice on and implementation of tax effective trust structures for asset protection and tax minimisation
4) Management of any ATO Audits or disputes

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.

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Valuations

An independent valuation provides you with answers to the questions you often need to ask about the value of a business or property. Am I getting the best price for the sale of my business? Is the asking price too much?

We are trained and experienced in business valuations and are able to provide you with simple guidelines and formulae for evaluating the worth of a business. We are also able to appear in court and in arbitration as expert witnesses in relation to business valuations.