Have you ever wondered how your business performs compared to your competitors? Benchmarking is a unique tool of comparing business processes and performance against others in the same industry or if you like against a set of industry 'norms'.

We can analyse the following for your business:

• Breakeven Analysis
• Profitability
• Productivity
• Personnel Structure
• Return to owners
• Staffing
• Expense optimisation

The information collected from this process will allow us to work together to develop strategies to improve your bottom line.

By way of example, we reviewed the expenses of one business and identified that their pricing structure was too low. From this we identified that by a simple pricing adjustment the business could add an additional $15,000 to their bottom line.

These are real results that can be reported for your business - can you afford not to be assessed?

In addition to goal setting value, budgets will often improve your chances of acquiring funding. Financers often require budgets as a prerequisite for funding approval.

The techniques we utilise in the formation of financial projections will allow you to consider future scenarios and give you goals to strive for in your business. There are many types of budgets and we can help you design the right budget for your needs and requirements.

Let us show you how a budget is able to provide feedback to allow you to prepare for the future of your business.

EnVision Partners wish to work with you and take the leg work out of the business research. We have assisted our clients in the following areas:

• Conducting due diligence
• Assessing the value of a business
• Identifying potential opportunities and or problems in a business
• Reviewing contracts and other complex documents
• Researching compliance rules and regulations.

We understand that buying a business is a significant investment and not a decision to be taken lightly. EnVision can provide the impartial advice that you're after and take the emotion out of the decision. He's what one of our clients has to say:

"Our family approached Envision Partners to research the viability of a business for sale and they provided analytical advice regarding this purchase and made recommendations regarding the most appropriate business structure. This advice has proved to be very valuable as we have been able to minimise our tax exposure and build our wealth as our business profits increased. Envision Partners assists us with our BSA reporting requirements and we have ready access to ask them any questions regarding our bookkeeping, investment decisions and business planning at any time."

Chad & Vanessa Cutts

Structuring involves assessing what business structure best suits each individual clients set of criteria and expectations. Issues such as asset protection, flexibility of operation, ability to expand and grow, Stamp duty, compliance obligations and tax implications to name a few need to be considered.

Different levels of complexity, benefits, disadvantages and opportunities are available for each type of structure.

Not all structures will suit all clients. It is very much as case by case analysis.

The possible threat of penalties for failing to keep up with the changing rules is too great a risk to take. Our services include:

• General advice on company law.
• Company formations
• Filing of annual returns on your behalf
• Preparation of all documentation related to minutes and resolutions
• Maintenance of statutory books
• Assistance in changes of directors, shareholders, addresses, and office details
• Bonus issues
• Share transfer
• Registered office facility.

For further information on how we can help you get back to the task of running your business please contact us at admin@envision.com.au or telephone our office today.

	www.agdata.com.au  The Phoenix range of software is a complete financial management system designed and developed specifically for farming, grazing, horticulture and business operations - offering the user flexibility, Efficiency and Convenience.
	www.banklink.com.au  BankLink is an innovative service that automates and streamlines the accounting process.  As your accountant we are provided with reliable, timely and accurate transaction history enabling us to process your information in a timely manner.
	www.quicken.com.au  Quickbooks provides a full-features accounting solution for small business.  The software tracks income and expenses, and prepares invoices.
	www.myob.com.au  MYOB accounting software has made business life easier for over one million Aussie and Kiwi businesses.  Manage your invoicing, expenses, GST, cashflow and inventory all in the one place.

The beginning is the most important part of the work.
Plato (BC 427-BC 347) Greek philosopher.

There are so many factors which can effect the viability of an operation from competitors, weather, staffing to name a few. A carefully developed Strategic plan can help identify these factors as well as how you can deal with them and/or take advantage of them.

With a clear "Big Picture" in mind, business owners can make more informed decisions to maintain optimum performance of their operations.

You would be surprised to know that most businesses usually have the same problems at some time or another. (That includes us!) Envision can offer our experience and expertise in running a business based on our own experiences and of those clients we have assisted over the years.

We have been working with our clients for years supporting them with their management decisions. This process often involves regular meetings with the client whereby we can discuss their current concerns, review their financial performance and even just an opportunity to act as a sounding board.

If you would like us to discuss working with you to improve your business management practices, please contact us at admin@envision.com.au.

A Succession Plan needs to cover many areas and should look at answering a range of questions including:

• How will the current owners fund retirement?
• Will you be eligible for a Pension?
• When and who will receive the assets?
• Do you gift and or sell your assets?
• Possibility of aged care and costs involved
• Cost such as Income Tax, Capital Gains Tax and Stamp Duty

The above questions are just a sample of what needs to be covered in a Succession Plan. Good planning will answer these questions, as well as, draw out the difficult issues which a family may face. It is because of these difficult issues that business owners should not ignore the need for Succession Planning. To ignore the so called “elephant in the closet” could result in substantial financial and emotional costs. 

Contact Envision Partners today to see how we can help.

We have developed a portfolio management service to make handling your investment documentation easy! We can provide the people, tools and methods you require to effectively manage your investment portfolio.

The more developed your business is, the better value it can achieve.

You don't want to regret selling your business for less than it's worth. At EnVision Partners it's important for us to ensure that your business is represented at its best.

EnVision Partners are able to relieve the stress for you.

• Strategic Planning
• Management Consulting
• Benchmarking
• Preparation of a selling proposition
• Establishing a realistic sale price

We understand that you only have one chance to get it right. We will begin to prepare your business for sale before you put it on the market ensuring that prospective buyers see the benefits of buying your business.

Our client base consists of a large number of primary producers including cattle graziers, broad acre cropping, dairy farming, melon growing, sugarcane and turf farming.

We have the internal knowledge base to assist in this very specialised field.

As mentioned in 'Our Story' our Partners are locally based and have been involved in primary production activities drawing their knowledge from a grass roots level.

One of our points of difference is that we understand primary production terminology and farming practices at this practical level and businesses that have engaged our services find this to be a refreshing change.

"Working with the staff at Envision has made a real difference to the way we manage our business. Its good to know that we get help when it is needed and by someone who knows our situation. Envision have taken the demands of modern accounting and have made it a pleasure." - Bruce & Margaret Uebergang

We do not take for granted the need to keep abreast of legislative developments in primary production relating to farm management deposits (FMDs), forced disposals, tax concessions, depreciating assets and land care operations.

Currently primary production is facing a barrage of new challenges to the industry with the building resource sector and the introduction of carbon tax. Being located in the heart of the Surat Basin we see first hand what is taking place and understand the effects on your business first hand.

Should you wish to find out more about how EnVision Partners can assist in the growth and development of your primary production business please contact us at admin@envision.com.au or telephone our office today.

Whilst they provide flexibility in your control of investment strategy and administration costs, we believe that this vehicle only becomes cost effective if you have funds to invest over a certain value.

As a SMSF trustee, you are ultimately responsible for running your SMSF. At EnVision Partners we believe it is important for you to understand the duties, responsibilities and obligations of being a trustee.

EnVision Partners have accountants with the expertise to manage and direct your fund's reporting and administration requirements, including:

• SMSF annual return
• Member contributions information
• Rollover benefits statements
• Trustee declarations
• Supervisory levy payments
• Taxation
• Appointment of an auditor
• Record keeping requirements
• Notification to ATO of changes
• Confirmation that you have met your reporting and administration obligations.

Fortunately we love to handle what each of you don't, taxation compliance and tax matters.

EnVision Partners maintain a conservative and pro-active approach to tax consulting for our clients. There are methods of arranging your business affairs which allow you to ensure you comply with the law, but not have to pay any more tax than you need.

Our team attend regular training to keep on top of all changes and developments to tax legislation and compliance. This ensures we are delivering the best result possible for our clients.

We provide a complete service and advice in all of the following areas:

• Income tax (personal and business)
• Companies
• Trusts
• Superannuation funds
• Fringe Benefits Tax 
• Payroll Tax
• Capital Gains Tax
• Goods & Services Tax