Within the Nexia Edwards Marshall Business Consulting division we offer expertise in the following fields:
Accountants form an integral part of any business. Nexia Edwards Marshall is committed to providing our clients with smart accounting advice. By understanding our clients’ businesses we can offer informed, professional and timely judgements to ensure their businesses enjoy the greatest possibility for success.
Many of our clients value our commitment to their businesses and see us as an important part of their ongoing success and performance.
We have a dedicated bookkeeping team which can provide you with services tailored to your needs.
We assist clients daily, weekly, monthly, quarterly or annually. Even for periods of increased workloads of absence of key staff.
Our team can assist with tasks including:
After much deliberation you have come to the conclusion that you wish to purchase a business. Whether you are buying a business for the first time or you want to grow an existing business there are a number of issues that need to be considered to ensure you are buying the right business for the right price and that you are fully aware of the risks associated with the transaction.
Our team can work closely with you throughout any acquisition process. The key areas we can assist is outlined below:
After many years of hard work and most likely plenty of sacrifices, the decision to sell your business can be both emotional and stressful. However, as this represents a one off opportunity to reap the rewards of a lifetime of effort, you need to ensure you have the right team behind you.
It is never too early to start planning your business exit. Nexia Edwards Marshall looks to maximise your reward from your business nest egg.
Our team will work with you to manage the sale process to maximise the probability of a successful outcome while minimising the impact on the daily operation of your business.
The key areas we can assist is outlined below:
The cloud is a platform that makes data and software accessible online. The cloud is effectively your online ‘C Drive’ – a place to store information.
Most businesses are already using the cloud on a daily basis – internet banking, web-based email such as Hotmail, services such as Dropbox and marketing via Facebook or Twitter are all examples of how the cloud is commonly used in business.
To find out more please visit Cloud Accounting.
Many of our Partners also use their expertise by giving back to the community by being involved on Boards of not-for-profit organisations and some of our partners are Board Members of great organisations.
The mechanics and processes by which organisations are controlled and decided can be crucial to the success of the organisation.
These skills and expertise gained from the various boards we observe and form part of mean we have the capability to assist you with:
The digital revolution requires your business to have a ‘great’ and active online presence. Your online reputation is just as important as your offline, if not more so due to its reach.
At Nexia Edwards Marshall, we understand the fundamental principles behind successful digital campaigns and are currently involved in assisting clients to develop their own online presence.
To find out more please visit Digital Strategy.
We can assist with all aspects of prudent estate planning.
Estate planning is more than just preparing a valid Will. Estate planning is a way of ensuring that the assets you control are passed onto your beneficiaries in the most financially efficient and tax-effective way possible. This is essential to protect your assets and your family.
A good estate plan will:
Essentially, a good estate plan can provide you with peace of mind and help avoid potential complications for your beneficiaries.
The main issues that we help you consider in estate planning include:
Our specific estate planning services include:
Should the need arise we have considerable experience and expertise with the administration of deceased estates including preparation of financial statements and tax returns, acting as Executors, distributing assets and assisting the executors with management of the estate.
There are a number of government grants, loans and incentives that many businesses may be unaware of. Nexia Edwards Marshall is committed to providing our clients with access to all federal, state, local and special purpose grants available to them.
We can provide advice on identifying and assessing the eligibly of available grants and provide assistance with application for grants.
Everyone in business today understands the huge impact emerging technologies have made.
The amount of information requiring professional management continues to multiply. The media used to provide and receive this information are rapidly evolving and the effort required to successfully deliver technology solutions is ever increasing.
To find out more please visit Information Technology.
Nexia Edwards Marshall understands the needs of your business. Whatever your stage of the business cycle – we are passionate about delivering value-added services to improve your business performance and help you achieve your objectives.
We work with you to develop key business indicators and performance goals, enhance your business drivers and identify any potential weaknesses and risks. Together, we implement the necessary changes and business strategies required to grow your business and achieve your goals.
We offer clients innovative ways of adding value that focus on creativity, ingenuity, and lateral thinking solutions. Our key advantage revolves around the agility and responsiveness to clients' needs that we bring to our working relationship, so that solutions are practical and scalable to ensure we deliver on our promises.
Our Management Consulting services include:
Starting a new business can be exciting and daunting at the same time. You need to research the market, raise finance, establish contacts, find a location and possibly hire staff.
Nexia Edwards Marshall has an established track record as a business growth advisor for businesses on the move. Our team provide solutions backed up with practical help for managing the unique challenges of the start-up phase of the business life cycle. The key areas in which we assist include:
Whatever your industry, getting your business up and running requires the right advice and experience. If you have a great idea, and the passion to follow it through – Nexia Edwards Marshall can provide business growth and accounting solutions to help you succeed.
Comparison of suitable software for your business including by not limited to Xero, MYOB and Reckon.
OneLedger is our cloud based accounting solution. We offer a range of fully customisable cloud based account packages to meet your accounting, bookkeeping and compliance needs. Please see Cloud Accounting for more information.
We all do it. We focus on what is right in front of us, right now and work away in our businesses to get things done. However, it is important to stop to consider and plan for future success by prioritising areas and allocating resources to peruse the long term strategy. But where do you start?
Nexia Edwards Marshall provides business owners with a team of professionals dedicated to examining business performance and assist implementing a plan to take it to the next level. Our commitment is working closely with you, to build an understanding of your business and provide expert assistance to make your business perform at its best. We have internal processes to document a user-friendly and results oriented unique strategic plan.
We focus on your goals whether they be growth, margin, products, people, expansion or anything else and our services include:
Our team will apply the right processes to ensure that you know where your business is. We start working on priority issues that you have identified and assist in planning for the changes you require over time.
Advising the appropriate structure to own assets and businesses is crucial for many taxation reasons but more importantly for protecting existing and future wealth. The feasibility for family reasons and also for the potential entry and exit of other business partners may also be a consideration.
We can assist you to understand the advantages and disadvantages of the following:
There is no right or wrong answer and so you need to understand the reason for the ownership and structure given your circumstances.
One of the most significant stages for any business is planning for succession or transition. Regardless of the size of your business, your departure or retirement can impact considerably as the business and your family adjusts to changes, management decisions and new leadership. In order to maximise the result, forward planning is essential.
A solid, well-considered strategy is critical. Only then can you move on to your new phase of life, assured of maintaining your personal financial security as well as the future growth and performance of your business. Planning ahead will enable a smooth transition and pave the way for future success.
If you are a business owner, there are a number of transition options. You may decide to:
In every case, consideration must be given to valuation methodologies, tax implications, operational and legal issues, management succession, equity succession and estate planning. At the same time, you will want to avoid disrupting service delivery, cash flow and profitability. Whichever path is chosen, it helps to draw on the advice and experience of a business succession team who has been there before.
At Nexia Edwards Marshall we know that every situation is different, every business is unique and every family has their own personal objectives and business needs. Planning to move on from your business and transition to a new phase in your life can be difficult on many levels. Our understanding allows us to help you to take a step back and look at your circumstances from a big-picture perspective. Our experiences consulting skills will lead you through the issues
It is never too early to start building for your future.
Self-managed superannuation funds (SMSFs) have become the leading avenue for people to take control of their retirement and receiving the right advice can make all the difference.
At Nexia Edwards Marshall we work with you to identify and tailor superannuation strategies to optimise your tax concessions and achieve your wealth accumulation goals.
To find out more please visit Superannuation.
Your ability to effectively interpret and address the frequent changes to Commonwealth and State tax law has a major impact on your business’ performance.
Nexia Edwards Marshall specialise in providing timely and proactive taxation advice to companies, directorships, trusts, superannuation funds and individuals. We offer a detailed and comprehensive service in examining the implications and consequences of taxation policy, keeping you abreast of all changes and assisting in the implementation of taxation strategies.
To find out more please visit Taxation.
These valuations estimate the economic value of a business through the application of appropriate processes and procedures. Valuation can be vital when it involves buying or selling a business, resolving disputes over estate entitlements, divorce litigation and in many other business and legal instances.
To find out more please visit Business valuations.
In today's fast paced business environment even small-to-medium-sized businesses can do with the expertise of a Chief Financial Officer, a luxury once afforded to large corporations.
To find out more please visit Virtual CFO.