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Good advice is the backbone of any business. With your best interests at heart, we deliver timely and appropriate advice to ensure that you reach the business outcomes you want.
When we look after your business, you don't just get the benefit of OUR strategic thinking, but you'll have access to our panel of investment specialists, lending and legal professionals.
Let's face it - running a business can be demanding. We'll give you guidance to help you to understand and resolve the challenges that come your way.
As Xero geniuses we give you a better understanding of where your money goes, together with systems to monitor your finances, and strategies to improve your overall business success.
We are a family business that is passionate
about helping you reach your ideal financial
goals and lifestyle.
We understand the importance of using
technology in your business and how it can
save you time and improve your operations
because we have done it in our own business.
We’re a 21st century practice, using fully
integrated practice management, document
management and accounting systems to give
you the most up-to-date accounting service.
We’re experts in helping you understand
the issues that affect your business and
facilitating solutions that allow you
to reach your potential.
Our ultimate goal is to provide a roadmap
to building a better business and to help you
make smarter investment choices that will
make you better off both now and in the future.
We keep your finances in order
using the latest technology.
Get advice from the most
forward thinking accountants
in the industry.
We focus on building your
wealth in the right places
not just number crunching.
We support and coach
you every step of the way.
We’ve brought our practice right into the 21st century, using fully integrated practice management, document management and accounting systems to give you the most up-to-date accounting service.Our ultimate aim is to help business owners to realise their financial dreams by not just offering solutions to building better business practices, but through engendering trust. We make no secret that our dream is to build a better financial future for ourselves to enable us to live the rich and rewarding life that we deserve, and we want to share our expertise and passion to help you to achieve exactly the same thing.
We believe the secret to our success as a business is that w e’ve taken the time to implement the most effective and efficient systems and processes and find the right help t o enable us to achieve our goals. Of course, no team can be a success with the individuals in it, so let’s introduce you to the people who make up FBZ Accounting.
Nik’s role is to oversee the practice and to manage client relationships. He’s
the guy who’s going to help you to see the bigger picture and take the worry
out of being in business. He’s an expert in helping you to make sense of the
issues that affect your business but, more than that, he’ll facilitate a
solution that’s tailored to your specific needs.
As a committed family man, he loves having fun with his kids, surfing, eating
great food, and doing all those things that make life good. He also loves
dancing like Michael Jackson, but shhhh we didn’t tell you that!
Nat’s not only responsible for managing client relationships, but she’s the
one who’ll organise your financial information, so that we can come up with
the best strategy to create more business opportunities for you. She’s an
expert in training clients on how to use Xero so, if you’re a little worried
about embracing new technology, she’ll alleviate all your fears. When she’s
not busy helping you to understand your potential, she loves cooking,
outdoor sports and spending time with her loved ones. But, whatever you
do, don’t challenge her to a game of Chinese Checkers as she hasn’t lost a
game for 15 years!
Erin provides our accounting and Xero support services. She works tirelessly
to help business owners grow their business, and loves nothing better than
number crunching, preparing financial reports, cash flows and KPI
reporting. She also loves being a mum and enjo ying the good things in life,
including spending time with family and friends, and watching musical
theatre. Plus she has an uncanny knack for footy tipping, having won every
footy tipping comp for 5 years straight.
You’re great at what you do and you know what running your business entails, but accounting is a specialized field all of its own, and you’re looking for expert help to track your progress and minimize your taxes.
Our team of qualified chartered accountants are as passionate about what they do as you are, and providing sound financial information and advice for your business is second nature to us. There’s no need to wait for year-end: track how your business is doing right now.
We were a growing childcare business and we had no idea what our business numbers were.
FBZ put our business on Xero so we could track how each Centre was performing. They also restructured the business, which ended up saving us about $12,000 in the first year of being their client. The tax dollars saved in the subsequent years is approx. $30,000 p.a.
By knowing our numbers we can continue to expand the business by acquiring more and more centres. Each year we know our tax position and what we need to set aside. FBZ have also helped us understand the risks we might face in our business and the structures we need to protect and grow our business into the future.
The factory unit our business operates from was owned in a Discretionary Trust and the loan owed to bank was approximately $250,000. This loan was costing us approximately $20,000 p.a. in interest and we were desperate to pay it off as quickly as possible.
FBZ helped us setup our own SMSF and transfer the factory unit in at market value. We were able to raise enough money from our super industry funds to eliminate the bank debt completely.
We now have no debt to the bank and we are paying less tax on rental income. There is more cash available to draw out of the business for ourselves and we have created a solid passive income stream for our super fund from the rent our business pays. The best part is we have an exit plan when we stop trading the business with the option to sell the factory unit CGT free in our SMSF when we retire.
Growing real estate business with four partners who had an opportunity to purchase a commercial premises. Each partner had high personal mortgages and the business had just taken an additional loan to help fund the purchase of a rent roll. The debt levels were almost at their limits and it would have proved difficult and costly to raise additional capital from the bank to fund the purchase.
FBZ put an SMSF structured finance package together which allowed us to use the capital from our super fund accounts to fund 50% of the purchase price and only borrow 50% from the bank.
We now have an asset that is positively geared and self-funding. We pay no tax in the structure which owns the property and receive annual profit distributions in our SMSFs. We have the option to use our super contributions from the business to increase the equity, reduce the debt in the investment and increase the annual income our SMSFs receive which will help fund our retirement.
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