Brighton Accounting & Tax Specialists
BUSINESS ADVISORY SERVICES IN BRIGHTON
At Hillyer Riches we understand the unique pressures that business owners face.
With over 40 years of business advisory services experience behind us, we also understand the benefits gained from the insight and support of a perceptive, intelligent team on board. We know we can assist you in implementing the right solutions for the best results.
Whatever your stage of development, from initial start-up ventures through to established corporate enterprises and succession planning, our business advisory services team has the experience, insight and solutions that you need to achieve your business goals.
Home Top Form
We add value to your business by offering a full range of service solutions including:
- Business advisory services
- Business strategy
- Systems review and process re-engineering
- Sustainability
- Strategic business planning
- Financial diagnostic analysis
- Cash flow and profitability
- Reliance on key individuals
- Transferability process efficiency
Knowledge is essential – timing is critical. For more information about our comprehensive business advisory services and ways that we can help grow your business, please contact a member of our team below.
Hillyer Riches has been built around the protection of wealth for our clients and we understand that entrepreneurial business strategy owners have very particular circumstances and needs.
We have many entrepreneurial clients who have made a significant emotional and financial investment in their business. For many, the business advisory is part of their life and part of their family. Our role is to act as both a business partner and protector of the individual’s own interests and those of their family. While the firm has considerable expertise in advising on commercial and tax issues (both corporate and personal) we go further than this.
Where required we become closely involved with the operational aspects of the business planning and have partners with the experience to provide high level strategic support to the directors.
How we assist
To help you achieve your business strategy goals, the tax and business advisory expertise of Hillyer Riches can assist at every step of a business’ life:
- Efficient corporate structuring when setting up a new business strategy or restructuring an existing business planning;
- Advice on raising finance for the business;
- Managing growth and expansion;
- Employee and management incentives;
- Extracting profits from the business in a tax-efficient way;
- Succession planning;
- Exit routes and value realisation.
Accounting
Our services include all aspects of tax accounting and planning, pre-30 June reviews, tax cost minimisation strategies, capital gains tax record keeping, BAS and IAS requirements, and cloud bookkeeping services. We will make sure you comply with all statutory requirements at both state and federal levels – it is our job, not yours, to keep up with all the legislation.
Bookkeeping
Let Brighton Tax Accountants, we take care of your XERO and MYOB bookkeeping needs while you focus on growing your business! We offer bookkeeping services for small businesses in all the major suburbs in Brighton. We will take care of your books while you focus on making more sales for your small business. Check out our accounting solutions and see which suits your needs.
Taxation
We ensure that you are structured in the most tax-effective manner so that you can be confident that you are paying the least amount of tax possible. Legally minimising the amount of tax payable is strongly dependent on having the appropriate structure in place so that you can apply the funds towards growing a sustainable business.
Brighton Business Consultants
Do you need a small business advisory services consultant? The short answer is that if you want your business strategy to enjoy sustainable success, a business consultant is likely to be an invaluable asset.
Small business advisory services involves doing what it takes to get your operation running as effectively and profitably as it can. Whether this means taking on a specific project, assisting in a restructuring, presenting information on suitable finance options for corporate borrowing, or providing your management team with the pointers needed to achieve a better life/work balance, a business advisory services team can provide the resources needed to transform the way you operate.
Hillyer Riches are a company of accountants, bookkeepers, agents and business consultants Brighton organisations can turn to when they want high-grade, skilled consultancy services from a team of professional experts. We offer each of our clients a multi-disciplinary pool of expertise, giving them the strategy needed to solve whatever business issues they’re struggling with. With years of experience in assisting businesses from a range of sectors, Hillyer Riches offers business advice Brighton clients of all shapes and sizes finds useful. Why not get in touch and take advantage of our FREE accounting health check?
What type of issues can a business consultant help with?
In general terms, small business advisory services include assistance with anything that’s needed to improve operational success. The type of issues that business strategy consultants commonly assist with include:
Brand Development
Brand clarity and audience identification are two matters that are crucial for business success. Unfortunately, they may not be a priority for hard-pressed fledgling business owners. A consultant can get your marketing content on the right track, as well as suggest low-cost methods to keep your brand visible and on track.
Project Management
If you’ve got ideas for new products, are rolling out a new technology or are considering expanding significantly, finding the time to implement an additional project as well as manage your core business is a challenge. A Hillyer Riches business advisory team could move your side project operations forward, freeing you up to concentrate on other things.
Development of policies, strategies, objectives or other written materials
To be compliant with the law, most businesses will need to have a variety of policies and guidelines in place. Hillyer Riches can advise on suitable policies covering everything from staff grievances to parking restrictions for your business strategy!
Troubleshooting supply issues
One of the major advantages of working with Hillyer Riches is that you’re dealing with an organisation that has a multi-disciplinary team, each member of which has a unique background. This ensures that we have experience of a range of sectors, enabling us to provide business consulting Brighton businesses know will understand the latest sector-specific challenges and issues.
Assisting with restructuring
Managing change effectively can be difficult, particularly when it comes to matters that may affect individual jobs. Often, restructuring is best completed by an external consultant. Not only do they have the capacity to look at the situation objectively, an externally facilitated restructure is unbiased and based on business advisory need, rather than the personalities involved.
Developing job descriptions and specifications; assisting with interviewing
Particularly if your business strategy is employing staff for the first time, it’s important to search for the best recruitment process. The skilled business strategy consultants at Hillyer Riches are able to advise or complete every part of the recruitment process, helping you get the people you need to grow.
Team building and development: improving motivation; identifying training needs, and dealing effectively with specific staffing issues
There are all sorts of reasons why your team just aren’t coming up with the results you need to deliver on your core objectives. If you’re concerned that there are problems connected with motivation, productivity, punctuality or similar matters, one of our business advisors could be just what’s needed.
Improving sales
The goal of almost every company is to increase turnover: and the best way to do this is usually to improve not only the number of sales but also the value of the sales and customer loyalty. Whilst many business owners are aware of the need for the former, all too often each sale isn’t as big as it could be, and retention is low. Why not use a business advisor Sydney enterprises can trust to deliver measurable improvements in your bottom line? Ask us for a FREE accounting health check now to quickly see where you could achieve some quick wins when it comes to turning your sales figures around.
Cost-cutting; designing sustainable financial strategies; providing options for responsible borrowing; advising on corporate structure
With a strong financial background, one of the features of Pherrus that sets it apart from the rest is the emphasis placed on long-term wealth creation and financial security. Smaller businesses frequently concentrate on the short-term, ignoring the changes that are needed now in order to set the company up for on-going success. As small business consultants Sydney organisations rely on to make a difference, we will always go the extra mile to develop the business strategy our clients need to optimise their chances of on-going and future wealth.
Building capacity within an organisation with respect to robust, compliant systems, such as financial systems; HR systems; health & safety protocols.
Systems that may have worked well when your organisation was just starting out, may not be suitable now that some growth has occurred. Why not use a business consultant Sydney enterprises can rely on to redesign existing, out-dated systems, or to create fresh, high-grade options that set your organisation up for success? With an excellent knowledge of current guidelines and regulations for corporate record keeping and governance, Pherrus is ideally placed to advise any business on systems and processes.
Consideration of data protection and online security matters
The rise of the digital age has also prompted the rise of the digital hacker! Contemporary firms have a legal responsibility to keep online data secure. Pherrus can advise on the type of software and protocols that can be used to minimise the risk of your data (or that of your clients, partners and/or suppliers) falling into unauthorised hands.
What added value does Hillyer Riches business consultancy bring?
When you are select business advisors Brighton enterprises rely on for your consultancy work, Hillyer Riches ticks all the right boxes. Take a look at some of the advantages Hillyer Riches brings to your organisation:
Customised business consultancy
We provide business advisory services and recommendations that are based on the specific needs of your organisation. Hillyer Riches aims to offer optimal value, targeting the activities that are most likely to make the biggest impact on your profit margin.
Multi-faceted team of experts
Hillyer Riches has business consultants Melbourne businesses come to when they want the highest quality service. We also have teams of accountants, bookkeepers, and agents. This enables us to offer a one-stop, holistic solution to a wide range of business matters. Rather than needing to contract with a number of agencies to deliver the business consultancy services your company needs, why not trust Hillyer Riches' team of seasoned professionals to provide a complete answer to your requirements?
Strategic, long-term approach
Our goal isn’t just to give businesses the support they need to thrive in the short-term, but also to put in place the strategies, systems and processes required to create the conditions needed for sustainable growth.
Industry specific support
Our workforce includes professionals from a wide range of industries. This gives us significant knowledge of how different sectors operate, as well as the constraints and opportunities that are unique to your particular sector. Whether you operate in the hospitality sector, are involved in agriculture or have a service business, our industry experts are here to help you learn.
External, objective approach
When you use us for your business consultancy, you’ll receive objective advice that’s based on sound business principles and a keen knowledge of current markets and economic variables.
Intelligence, ideas and insights
which help your business succeed
No matter the stage your business is at, the decisions you make today could provide a platform for your success in the future. Or they could do the opposite.
Family Business
Business Advisory Boards
Innovation, Research and Development
Succession Planning
Budgeting and Cashflow
Financial Reporting
Structuring
Business Strategy
Forensic Accounting
IT Solutions
Reliable support and advice for a better way of doing business
Whether you are an entrepreneur looking to make your first business move, fast growing company looking to accelerate your growth, a family owned business aspiring to leave a legacy or an established company looking to exit, navigating your next steps can be challenging.
Our business advisory services provides the expert support and guidance you need to overcome hurdles and unlock limitless possibilities for your business to thrive.
Supporting you
when it’s time to hand over the reins
Did you know that many businesses don’t have a ready successor, let alone a plan in place to make it a smooth transition that doesn’t affect their bottom-line? Does this sound familiar to you?
One of the biggest sticking points for business owners is the process of handing over the reins to the business when it comes time for them to transition to the next generation of leaders. Whilst it can be tempting to just face the transition when it comes, forward planning and embedding your next line of leaders into the business early, is vital to ensuring any challenges are overcome and your team continue to flourish in the future.
Our team of experienced business advisors can work with you to create an effective succession plan to ensure the best results for both the business, your next generation of leaders and for yourself.
Hillyer Riches’s experienced business advisors
make succession planning simple
We’ll be honest – the well-trod path you’ve created as the founder of a business will likely shift focus under new leadership. And that’s ok. Having a succession planning expert at hand means we can implement governance, risk, management and reporting systems that may have not been required under current leadership but can help streamline the transition and support the business’ success.
We’ll work closely with you to create a succession plan that ensures the satisfaction, security and peace of mind for your entire family.
Our hands-on approach to supporting you through what can otherwise be a challenging time will ensure your succession plan runs as smoothly as possible.
Individual accounting services, wealth strategy, insurance, and financial management. Prepare and lodge your tax return with Brighton Tax Accountants, a registered tax agent in Brighton. Let us do the hard work, with professional advice and ensuring maximum refund and paying minimum tax.
Are you already operating or considering starting a business as a sole trader? Brighton Tax Accountants can help as we are a 'one-stop-shop' for accounting services and tax advice for sole traders and small businesses.
Professional Services
Providing accounting, tax and business advisory to professional services industries comes naturally to Brighton Tax Accountants. We have a large clientele of professional services clients who seek advice and knowledge specific to their industry.
Take control of your business’ future
through tailored budgeting and cash flow advice
One of the leading causes of business stress is poor cashflow and budgeting. Having an effective financial reporting framework with a clear budgeting and cash flow component is critical to creating a more profitable business.
Hillyer Riches’s financial experts bring global experience and knowledge to local businesses to help you see opportunity and look confidently towards the future. Whilst our approach is backed by an independent network of experienced business advisors, we know that a one-size-fits-all approach is not conducive to success.
We’ll get to the heart of your business and take you through the budgeting process, so you have a clear forecast for your revenue and expenses. This insight is key to making better decisions for your business in a timelier manner.
Know where your money is spent
rather than wonder where it went
Is it the right time to grow or expand your business? Are you holding too much inventory? Are you overspending in one area of your business?
You may have heard the saying that ‘growth eats cash’, and that’s certainly true. Our team can ensure you have a profitable budget and cashflow forecast in place, so you are in a stronger decision-making position to take the next step for your business. Whether that be:
- Growing or expanding your start up
- Achieving a better financial reporting foundation for new or existing products
- Undertaking a business restructure
Business Advisory
Building and maintaining a successful business in today’s rapidly changing environment is a balancing act. Sustaining year on year growth, while keeping up to date with commercial and legislative compliance and managing the challenges of daily business operations, places huge demands on business owners and directors.
Our specialist advisors work with you in a role to help you plan and implement contemporary business practices that will allow you to keep a close eye on the detail while not losing sight of the big picture.
Our Self Managed Super administration service can help you achieve the benefits of an SMSF by taking care of the administration and compliance of your SMSF, creating free time for you to focus on the critical job of managing the investments of your fund.
With a self-managed super fund, you are in charge of your super and where it is invested, plus you manage those investments yourself.
Financial Advisory
At Hillyer, Richeswe provides comprehensive financial advice to our clients with an enthusiastic and proactive approach. Our strong team of experienced professionals will work with you towards identifying valuable solutions on how best to achieve your goals. Brighton Tax Accountants is a Brighton based Chartered Accounting firm offering timely and cost-effective services to both individuals and businesses. We consist of a team of accountants and business consultants dedicated to providing the highest quality accounting, taxation, bookkeeping, and business advisory services.
Since its inception, Brighton Tax Accountants has been at the forefront of tax and accounting, providing a broad range of services to local businesses in Brighton. We offer Individual Tax Returns, Business Taxation and Accounting, Financial Planning, Self Managed Superannuation Funds, and Bookkeeping services.
Brighton Tax Accountants understand Doctors and Healthcare professionals require specialist attention. Our team of experts offers friendly, industry-leading advice relating to tax, GST and compliance that will maximise your return, addressing all your financial requirements.
We have extensive experience in servicing the manufacturing industry, including the provision of accounting, information technology, and audit services, and regular periodic management reporting. Supplemented with more detailed financial analysis, this lies at the heart of astute commercial decision making.
Brighton Tax Accountants Tax Accountants in Brighton also specialise in helping small businesses to achieve great things. Whether you run a bar, restaurant or coffee cart, our accountants are here to offer an extensive range of accounting support services for your hospitality business.
Our technical and industry experts will help your business become financially fit
Wherever you are. Whatever stage your business is at. Whatever field you are in. We have people who understand your needs and who can provide a financial forecasting solution that helps you achieve your goals. From simple cash flow forecasts to more complex or new financial reporting frameworks, our Business Advisory team can help you navigate your business or specific project’s success.
We can help you:
- Develop your financial strategy and identify the most appropriate forecast reporting framework for your business with our business advisory services
- Get an understanding of capital expenditure and the requirements for sustainable business growth
- Build a three-way model incorporating sensitivity analysis
- Understand your cash flow forecasts
Financial reporting and advisory
We make sense of the ever-changing financial landscape
Organisations globally are being increasingly challenged to interpret new and ever-changing accounting standards and how best to apply new regulations when reporting their financials.
With a global reputation as an authority on financial audit, specifically the application of International Financial Reporting Standards, Hillyer Riches can assist you with all your reporting and accounting needs.
Hillyer Riches provides advice on specific financial reporting and accounting matters to national and international businesses. We’re experienced across a broad range of industries including education, disability services, mining and resources, manufacturing, retail and franchise operations, publishing, engineering, food and beverage, debt collection, aged care and retirement living, hospitality and gaming, and biotechnology.
No matter the sector—government, privately owned, publicly listed or not for profit—our experienced advisors support and guide your business growth.
We have extensive experience in financial services for medium-sized trade businesses. The services we offer are all aimed at doing what really matters – ensuring your financial growth and freeing up your time so that you can enjoy life.
We understand what farmers require to effectively manage the finances of their farming operations. We have been a leading provider of business and financial advice, taxation, and accounting services to Primary Producers and the rural sector for more than 30 years. Enquire today to find out how we can help you with your farm.
Our experience and relationship with franchise groups give us real-time insight into franchise systems and their performance. We provide franchises with business, taxation and accounting services. We can also act as consultants to the head franchisors in setting up cloud accounting & business and structures.
At Brighton Tax Accountants, our specialist property tax accountants in Brighton are renowned for their property tax accounting services for property investors. Our property tax accounting and tax advice extend to the various estate planning factors including ownership and control of assets.
Innovative Business Advisers
Starting, building and maintaining a successful business in today’s uncertain and rapidly changing environment requires knowledge, perseverance and the right team behind you.
Our highly skilled and results-led team can assist you to access funding, make informed strategic decisions, develop comprehensive and rolling plans at each stage of your business’ lifecycle, and identify business opportunities.
By working with you to understand your business and industry, we provide specialist knowledge and objective advice to help your business meet its full potential.
We work with you to develop key performance indicators specific to the needs of your business to ensure you optimise your cashflow position and funding opportunities.
Ongoing monitoring and analysis allow us to offer practical recommendations to reduce costs, improve efficiency and increase profitability.
SMSF Compliance
Self-managed super funds are Australia’s fastest growing investment vehicle. However, there’s a large administrative burden involved in managing a fund and ensuring it complies with current legislation and regulations. Our client-focused superannuation team can relieve the burden of compliance and daily management.
Accesing Finance and Grants
At some point, most businesses will need to access finance. Whether a startup looking at applying for a business loan, an emerging SME interested in raising venture capital, or a well-established company considering an IPO, we can assist.
Cloud Accounting
Cloud accounting enables us to access your financial data securely, in real time. Spending less time on data management translates to less cost to your business. Moreover, takes away the need to transfer files and allows our advisors to deliver timely recommendations.
Strategic Business Advice and Planning
Strategic planning is more than examining budgets and cash flows. It involves the ability to look at the business holistically; assessing its strengths, weaknesses, opportunities and threats, and optimising resources to allow the business to meet its goals.
Virtual CFO
Our virtual CFO service provides the expertise of a CFO or senior accountant for those business that don’t want to invest in a full-time resource. We provide forward-looking, long-term strategic financial advice, tailored to your needs.
Restructures and Asset Protection
An evolving business can reach a point where it finds its structure obsolete or inflexible and needs a change. The ability to identify the need to restructure without triggering unnecessary taxes or other costs is a challenging but value driven process.
Succession Planning
One of the more difficult issues a family business has to contend with is managing the transition of the business to the next generation. Our Business Advisory specialists will take the emotion and potential for disputes out of the succession planning process by developing a clear plan, including all members of the family in the process.
Accounting and Tax Compliance
Tax compliance and reporting regulations are onerous, time consuming and complex. Working with Hillyer Riches can ease the burden on both administrative staff and the key decision makers of the business. We make your compliance our top priority allowing you to focus on what you do best; managing and growing your business.
Private Client
Our Private Client service is for those with substantial business investments, family investment trusts, large family estates, SMSFs or varied investment portfolios that require a remarkable level of attention. We provide a streamlined and holistic, tax-effective service.
First of all, you need to ensure that you are undertaking your potential R&D activities through a company. R&D is not just about a brand new product you are inventing – it is also covers devising new processes that improve your business regardless of your industry or business activities. Think through the following questions:
- What problem am I trying to solve in or through my business?
- Have I devised a solution to that problem? How did I come to this solution? Was there an existing solution that I am basically using or have I come up with an independent idea?
- How have I tested the solution? Have I used a scientific approach – e.g. aim, hypothesis, results, conclusion, trial and error?
- How have I documented all of the above?
Our business advisors can give you certainty about your supposed R&D. Calibre has the experts who can evaluate your research and development activities and help you access R&D tax incentives.
