Key Elements for Agricultural Businesses
Compliant Taxation Reporting
- EnVision Partners have developed bookkeeping solutions where we can work with you in real time. This means you can prevent paperwork building up, ensure lodgement deadlines are met, as well as reducing your compliance fees.
Relevant Cashflow and Budgeting Tools
- EnVision Partners can offer more frequent insights into your business. By regularly reviewing your financial position we can see if there is any way in which we can assist in developing your business, or make savings in areas like tax and overheads.
Proactive Taxation Planning
- Timely communication is important, especially when end of financial year is approaching and proactive
planning is required. EnVision Partners can assist in organising your tax affairs to give you the greatest tax
advantage, while also taking into account investment strategies and wealth building.
- EnVision Partners will connect you with a leading farm business performance analysis service and assist you with interpreting results. We will then facilitate the development of strategies that will help improve your profitability and drive your business
Correct Business Structuring
- One of the most important decisions EnVision Partners can help you make is your operating structure. The structure that you choose will depend on the size of your operation, your personal circumstances and how much you plan to grow your business. EnVision Partners will help you understand the different types of business structures and determine which one is best for your business needs.
Minimising Risk via Asset Protection
- Are your assets adequately protected in the situation of a significant life event (marriage, death, divorce, new business partnership)? EnVision Partners can assist in identifying asset protection strategies to protect your wealth against miscommunication, misunderstandings and lawsuits.
Strategic Succession Planning
- EnVision Partners works with families, assisting with the process of passing on the management of farming assets, as well as helping with navigating the financial and emotional roadblocks found along the way. The key to any succession plan is effective communication and appropriate management of expectations.
Best practice in HR / WHS
- EnVision Partners can offer a HR toolkit for farmers, which takes the stress out of employing others on your property.