Tall Trees Consulting offers customised, practical, cost-effective solutions for your accounting and business management needs, whether your company is just starting out or is poised for growth.
In the excitement of setting up a new business, or expanding an established business, many of us tend to concentrate on the more creative and productive aspects of our enterprises, often leaving accounting and business management issues until last.
But sound accounts management is critical to the growth and success of every business and, even if a decision is made to outsource accounts, it’s still important for us to understand the process. Armed with that understanding, costs can be minimised, profits can be maximised and accurate growth forecasts can be made. In other words, we can make our money work for us.
Tall Trees’ business is to nurture your business so that it will thrive and grow strong. By listening carefully to your needs – and your dreams – Tall Trees can give you the accounting and business management tools and solutions you need to control your finances easily and efficiently, freeing up your time to concentrate on the aspects of your business you enjoy the most.
There are many ways that Tall Trees can help your business to thrive:
- Business set-up and registration
- Preparing an overview of your current financial position
- Set-up and training for an easy-to-use computerised cashbook to monitor your finances and help prepare your tax returns
- Reorganising and or streamlining your current accounting systems
- Creating achievable financial targets
- Maximising your profitability and cost effectiveness
Below are some scenarios illustrating dilemmas frequently faced by small to medium-sized business owners, together with the results-driven solutions proposed by Tall Trees:
- Should I register as a Sole Proprietorship or a Private Limited Company?
Angela, an expat living in Singapore on a Dependant Pass, is launching her own jewellery business but wants to understand more about the options open to her for registering her company.
Tall Trees talked Angela through the pro and cons of sole proprietorships and private limited companies. They discussed the legal, accounting and tax requirements of each option as well as the set-up costs and implications for future business growth. Armed with the facts, Angela was able to take an informed decision and set her new company off on the right track.
This session took an hour and cost Angela $100. - How can I fulfil all my business accounting and tax obligations without spending time and money that I’d rather spend elsewhere?
Brenda, a sole proprietor, had been in business for six months. The financial year end was approaching and with it the need for Brenda to get her accounts in order. Brenda wanted a simple accounts system that she could operate herself without taking up too much of her valuable time. She had looked at off-the-shelf accounting software packages in the past and found them to be far too complex for her needs
Tall Trees suggested that Brenda try their Seedling Cashbook: an easy-to-use, customised Excel spreadsheet, specially designed by Tall Trees to take care of all her small business accounting and tax needs. After a short session familiarising Brenda with the Seedling Cashbook, she was ready to get started on her accounts.
Brenda’s discussion and training session with Tall Trees took about one hour and cost $450 (including the purchase price of the Seedling Cashbook).. - I want to expand my business, but because I don’t totally understand my financial reports I’m not confident enough to move ahead. Can you help?
Jackie owns a thriving private limited company and wanted to make an informed decision about setting up another outlet and taking on more staff. The problem was that Jackie couldn’t understand the financial reports that her book keeper was giving her and so didn’t feel confident of her business’s financial position.
Jackie asked Tall Trees to talk through her requirements with her book keeper and find a solution that would suit them both. As a result, many of the financial reports were redesigned to a user-friendly format which Jackie was happy with. Tall Trees and Jackie also discussed the future of her business and prepared forecasts to help Jackie’s company grow and move forward.These sessions with Jackie took about 20 hours and cost approximately $2000. - Sales are going so well I don’t have time to do my accounts any more! Can Tall Trees free me up to do what I do best?
Carl’s business was booming to such an extent that he could no longer find the time to complete his accounts himself. He felt it made more sense financially to have the accounts processed quickly and efficiently by professionals, freeing up his own time for more sales.
Carl approached Tall Trees requesting that we produce a monthly Profit and Loss Statement, Balance Sheet and Cash Flow Statement.
Tall Trees were able to meet all Carl’s demands for a fee of $700 per month and Carl’s business became more and more profitable as he devoted his time to what he did best.
If any of these scenarios strike a chord, or if you think your business would benefit from a little nurturing from Tall Trees, please don’t hesitate to call us on 6254 3029 to talk about how we can help you. Initial phone consultation free of charge.