Optimal Structuring
The right structure is critical in achieving optimal asset protection, tax minimisation and value of the underlying business. These objectives are not mutually exclusive and all can be achieved with careful consideration of the particular client circumstances, no matter the size of the business or industry in which it operates. There is always opportunity to restructure if already trading and not structured to achieve ALL of these objectives.
Asset/Equity Protection
Above all else, the structure and strategic ongoing advice must ensure the ability to 'walk away' if circumstances (often outside the control of owners) result in the business being insolvent, exposed to unsecured creditors or litigated. Structured well the family home, investments and retained profits will be legally protected. Carefully considered, this structure will also facilitate the other objectives of tax minimisation and optimal growth and succession.
Tax Minimisation
It is important that the legal minimum tax is paid to ensure working capital is maximised and maximum net profits returned to shareholders/stakeholder. Obviously this requires a structure with optimal tax flexibility and proactive ongoing review and advice.
Growth & Succession
We work in an engaged partnership, with a limited number of motivated clients. Regular review and strategic pragmatic recommendations provide the platform for continual growth and ensure business value (goodwill) is maximised and available for sale or transition when desired. The business is often the most significant asset clients will ever sell, and ultimately value is largely dependent on the success of this partnership between stakeholder and advisors.
Financial (and Lifestyle!) Planning
Planning, including ongoing regular reviews with tailored strategic advice are critical for asset protection and maximising financial returns to the owners/shareholders and value of the underlying business. It is equally important however to understand the clients current needs and longer term objectives around family and lifestyle! For example, implementing measures, such as tax effective incentives to motivate staff and other key stakeholders to ultimately provide flexibility for the 'life' priorities such as health, family, lifestyle!
Business Turnaround
Correctly structured the owners can legally "walk away" if the business becomes insolvent, or is subject to legal action, with family wealth and retained profits protected from liquidators and/or litigants. It is usually never too late to achieve great results of restructuring even when already under significant financial duress.
With extensive experience working in both insolvency (for an international firm) and business structuring over two decades we are uniquely placed to achieve optimal results in these circumstance.
Commercial Accounting
We have developed a partnership with an outstanding commercial accountant which has produced excellent results over many years. We are able to benchmark the clients business against industry best practice, identifying key areas for enhancement and improvement. We work with clients to implementing measure to improve key performance indicators, tax incentivise and motivate staff in or to achieve industry best practice. This partnership is highly valued and has typical achieved outstanding results.