Doing business in the 21st century requires much more than just basic tax and auditing services so we have developed a range of business planning and development strategies to offer our clients.

We assess both the financial and non-financial goals of our clients then provide systems and services to assist clients reach their goals. Our clients experience less stress, more enjoyment and the satisfaction of achieving their goals as a result of our approach.

Have a look at just some of the things we can do for you:

Cash Flow Forecasts
Do you find yourself asking “Why doesn’t my business seem to have any cash?” By working closely with you to build a specifically tailored cash flow forecast, we can take into account seasonality and other issues that affect your business. This means we will be able to provide you with a working document to help you attain profit targets and manage cash effectively.  Once this has been done, we can also offer you solutions to free up your cash flow moving forward. We will also be able to predict where your business may require cash injections well in advance so that you can arrange your finances accordingly rather than have your business and profits stalling while you source the required funds.
Return to top of the page

Asset Protection and Succession Planning Strategies
You’ve worked hard in your business and you also may have substantial assets (including your house) that have been acquired over many years and/or over several generations. Have you considered asset protection strategies which can protect your assets should the unthinkable happen?  We will sit down with you and assess your current structures and advise whether you may or may not be adequately protected and then provide the appropriate advice. This means that you can sleep better at night knowing your current situation should unforeseen circumstances arise. Also, do you have a Succession Plan? By letting us work with you, we can provide you with a structured approach so that your family members, fellow business owners and key employees know where they stand which can avoid costly and devastating effects to the business at a later date as you move towards retirement. Even if the planned date of your retirement is some time away, the steps you take in setting up a succession plan frequently involve implementing sound business principles which means that the potential to improve the performance and profitability of the business is greatly enhanced.
Return to top of the page

Budgets
Two well known maxims remind us that “what gets monitored gets managed” and that “in business we need to work smarter, not harder”.   A forecast profit and loss account plan is as important for a business as preparing a flight plan is for a pilot! There are two important stages in the development of budgets: firstly the preparation of the forecasted profit and loss account; and secondly (and very importantly) having a system to ensure that action is taken when the actual results differ significantly from those predicted.  We can meet with you on a monthly or quarterly basis to act as an independent sounding board which means we can help you interpret any differences arising from comparing actual and forecast results and make recommendations for keeping your business on track. 
Return to top of the page

Key Performance Indicators
Key performance indicators (KPIs) are financial and/ or non financial measurements that are monitored on a regular basis. The performance of a business can be evaluated by monitoring just five or six KPIs. KPIs will vary from one business to another being based on specific areas where performance has an impact on the profit the business enjoys. The final outcome of this process is a regular KPI report. By having this report, you will have  the basis for monitoring performance to ensure that your business stays on track to reach and even exceed its targets!
Return to top of the page

Business Plans
What are the goals for your business? These could be both financial (“How much money would I like to make?”) and non-financial (“What would I like to achieve as a business person that will improve the community I live in?”). With all successful plans, it is normal to start with the end in mind and then work backwards to determine what you need to do to make it happen! By allowing us to assist you to work out what you would like to achieve, we can show you what resources will be required and whether the plan is possible given your current environment. We can show you that by having a plan and a system to monitor, this will lead you to less stress, better health and a much better lifestyle! 
Return to top of the page

Estate  Planning
Following the recent changes to the way superannuation benefits are taxed on death now is a perfect time to consider developing a tax effective estate plan.  Many people fail to properly plan for their death, however, ignoring the inevitable can have dire consequences that can end up being very expensive and even result in irrevocable rifts among family members.  A tax effective estate plan can save thousands in tax, prevent a loss of assets outside the family, and avoid high legal costs and family disputes. Estate planning is not just for the wealthy.  It is about preserving the value of your estate for you and future generations.
Return to top of the page

Financial Planning
We work closely with you to formulate a holistic financial strategy tailored around your specific needs and goals.  We are specialists in all areas of financial management (eg superannuation, investment, risk, estates, trusts and finance solutions) which complement your existing accounting services, ensuring you receive quality financial advice and expertise.  On top of this, we can help you organise employee benefits, such as retirement planning, income streams, superannuation and rollovers - therefore streamlining the process for your business, saving time and resources.  We can also help you with risk management for your business, including succession planning and buy/sell agreements.
Return to top of the page

Business Benchmarking
By comparing your business's operations against others in the industry, we can quickly identify the strengths, weaknesses, threats and opportunities to your business. This means that we can advise you where you sit in relation to the competition and how you can improve the performance of your business.
Return to top of the page

Tax Planning
By reviewing your tax position prior to the end of the financial year, we can advise you of the best way to legally reduce your taxes. We can provide you with an accurate picture of what your profit and tax position will be for the year so you can account for them in your plans. Many opportunities to reduce tax are only available if action is taken prior to the end of the financial year.
Return to top of the page

Business Valuations
Do you really know what your business is worth right now? There are a number of reasons why a business valuation may be required. If you are buying or selling a business you will need to determine its value prior to negotiating on price. This means that you are working out whether you are paying a fair price if you are buying or ensuring you are getting a reasonable price when you sell. You may also need to know the value of your business if you are seeking finance or involved in a family law matter. Valuing a business involves more than just looking at the figures or applying a rule of thumb and requires an in depth knowledge of valuation methodology. A real benefit in getting us to value your business using our world class technology means that you can work out how to improve the value of your business before you decide to sell. We will also explain to you which business value drivers you need to work on to increase your business value PLUS you will be making more profits and be enjoying more cash flow in the meantime!
Return to top of the page

Business Value Gap Analysis
Is selling your business and using the proceeds part of your future retirement plans? A "Business Value Gap" is the difference between the value of your business today and what you need it to be at the time of sale. Business Value Gap Analysis is a simple process of determining your income, assets and business value (now and at retirement) and strategies to improve business profit and wealth. By identifying this gap and the drivers of business valuation, strategies can be implemented to ensure it is worth what it needs to be at the time of sale.
Return to top of the page

Business Succession Planning
Succession refers to the transfer of the ownership and/or management of a business. Ownership succession focuses on who will own the business, when and how that will happen. Management succession focuses on who will run the business, what changes will occur and when the new manager will be accountable for the results. Ensure that you are aware of all alternatives and the benefits of each before deciding on your exit strategy.
Return to top of the page

Staff Value Program
Business success is 25% strategy and 75% team buy-in! Your team is absolutely critical to your business. With differing expectations between owners, managers and staff, effectively managing staff is a key issue for every employer. The growth and success of your business is influenced by your ability to attract and retain staff. If a business is not managing its staff effectively it will remain owner reliant and limit future growth. Our Staff Value Program establishes an effective staff attraction, retention, motivation and performance reward program for your business and staff which means that your business can continue to flourish without all of the unnecessary headaches and costs in finding replacement staff and having to deal with employee issues that could have been easily avoided.
Return to top of the page

10X Coaching Club
Our 10X Coaching Club is a proven system for assisting your business to:
- Grow your revenues;
- Grow your profits;
- Increase the value of and protect your business asset;
- Better map your vision for the future;
- Improve your time management;
- Improve your team;
- Improve your systems;
- Improve customer service;
- Improve your structures;
- Improve your marketing;
- Lift your sales results;
- Develop your leadership skills;
- Review your Business Planning and overall management; and
- Impact your quality of life by having you spend less time in the business with far better results.
Return to top of the page

Bentleys MRI Affiliation
Scolari Comerford is affiliated with the worldwide resources of Bentleys MRI.

The Bentleys MRI philosophy is to provide personalised attention to ensure the best possible solution to your business needs and that your personal financial growth goals are achieved.

They have provided the following tools and calculators for your reference:

Tax Facts

Key Dates

Useful Links

Return to top of the page