Business.
Business Advisory
In today’s economic climate, business owners and investors must deal with a range of complex compliance and governance issues. Selecting the right business advisor who understands your business and the industry it operates in, is an important step to achieving financial success.
Business Start-ups
Choosing the appropriate structure when starting a business is one of the first decisions an entrepreneur is faced with. The decision will have many legal, tax and management related ramifications throughout the business lifecycle. At TST Partners we work closely with our clients to ensure we understand your business and financial goals to ensure we advise you of the best structure suitable. We also provide any registration and / or incorporation duties associated with the decision.
Business Structures
Our experience shows that many businesses are currently operated under a structure that may not be suitable for particular reasons. TST partners can analyse your current structure and advise on alternative structures available that will maximise your bottom line and reduce exposure to unnecessary risks. For example, we often find that many partnerships are better off operating under a corporate structure for legal liability reasons and conversely, we find that many family-owned companies are better off operating under a trust structure for various financial and non financial reasons. Whilst there are no hard and fact rules on which structure is the best in all aspects, we work closely with clients to assess their position on a case by case basis taking into consideration taxation, asset protection and estate planning needs.
Financing Advice
Since the onset of the Global Financial Crisis, banks have been more reluctant than ever in lending money (especially to businesses). Many large publicly listed companies such as the Centro Property Group faced the prospect of voluntary or involuntary administration due to their inability to refinance debt. Unfortunately the Global Financial Crisis is not isolated to public companies, but to businesses and investors of all sizes. This is why it is crucial that up-to-date information including Financial Reports, Tax Returns and Cash flow Statements are maintained on a consistent basis. TST Partners can make sure that you are able to provide your bank with up-to-date financial information in support of your finance application as well as satisfying ongoing reviews.
Furthermore, the myriad of financing options available in the market which includes leases, commercial hire purchases, goodwill loans and property secured loans among others, means that selecting the right loan can reduce your borrowing costs, reduce taxes as well as decreasing your risk exposure. TST Partners can advise on the best financing option for your specific needs.
T +61 3 9820 0191 | F +61 3 9820 5909 | E profit@tstpartners.com.au