Helping Business, large & small
Starting, buying or selling a business
Whatever your industry or great idea or passion you may have First Class Accounts can provide business and accounting solutions to help you succeed.
We can provide you support around due diligence for any business purchase through to assisting business owners in their journey right through to their exit.
Decide on the most appropriate tax structure for your business - sole trader, partnership, or company
Prepare a business plan, cashflow projections, budgets and trading forecasts
Assess your finance requirements, advise on the best financing arrangements, and prepare the necessary proposals
Establish a good working relationship with your bank
Complete the required business registrations with the IRD
To ensure that your record keeping system is operating effectively and train you in the capabilities of each system.
Exit Strategies – selling the business when and if the time comes
Wealth Creation
We think property is probably the most important part of your wealth management strategy.
This is because it is hard to become financially secure without owning at least one property. If you can own more than one, things get even better.
We advise on all forms of property: residential homes, investment properties and commercial properties
When you consider the impact of investment property, you find that being wealthy is really a matter of owning property. Therefore property simply must be a significant part of your financial plan.
You need to decide what to buy, how much to spend, how to borrow (and how much) and how to repay the debt if you want to make property investment work for you.
Basically, your wealth starts with property and expands from there. That’s why we do, too.
Creating a financial strategy for your life’s journey
Advise you on how to accumulate wealth
Family Business
Family businesses have special challenges arising from the one thing that usually makes them successful in the first place.
The drive and passion of the founder (or founders) who have built up the business, and the family relationships between the key players.
These founders are increasingly having to face the prospect of stepping back from the day to day running of the business.
Or eventually exiting the business completely, whether through an external sale or a succession event involving either the next generation of the family or key employees. That is, assuming there is someone ready and able to step up and take over.
These situations need careful planning, and may require a review of the business structure to ensure that it is suitable for a future transaction.
Succession & Next Generation Education and Planning
Coaching & Leadership – keeping the family unit working well together
Governance – the setting up of a family council advisory board for businesses
Growth & Protection – building the family wealth and protecting it
Taxation Advice – tax advice and planning, annual tax and accounting compliance obligations
Exit Strategies – selling the business when and if the time comes
Contractor & Tradie
First Class Accounts understand the trades because we have worked with many Tradies, every day for years.
We’ll get your business back on track and free up extra time so you can focus on doing the job you love. You may not know where to look for straight-up info and useful advice.
For the sole trader or contractor who wants peace of mind and expert advice coupled with the friendliest, most efficient technology available.
Grow your trade businesses Profit and Increase Cashflow
Preparation of annual financial statements
Filing your IRD returns such as Income Tax, GST and FBT
Financial and management accounting
Taxation advice to maximise tax efficiency and business structuring
Taxation compliance and reporting