Business advisory

Get expert advice, ideas & insights to achieve success with your business to reach your goals.

Business-advisory-service-in-Sydney-run-by-accountants

Advisory services for business and accounting

Are you a business looking to gain strategic business advice and accounting guidance to help you grow? We are here to help you define and align your business and personal goals, creating a clear picture of where you are, where you want to go and how to get there. Working together, you will learn everything you need to know about running a successful business and will receive the skills to make confident and educated business decisions.

Specifically, we apply strategic thinking and innovative business analysis tools to develop an action plan that’s unique to your business and your personal goals one that delivers measurable outcomes. We then work with you on an ongoing basis – as little or as much as you need – to develop, implement and measure the success of your plan.

Fitzpatrick + Robinson work alongside some pretty incredible people and over our years have aligned with a network of skilled professionals, so if we cant personally assist you in a certain area we can definitely introduce you to someone we already trust who can. Our team of friendly, experienced and knowledgeable accountants & business mentors help business owners just like you scale by providing detailed, actionable advice. Our business advice looks to introduce growth with operational and financial improvements.

 

 

Unlock the potential in your business with an advisor

It doesn’t matter what stage or size your business is at today. Decisions that you make now can help great long term success in the future, or, could mean stagnation as well. So if you are;

  • An entrepreneur looking to open your first business
  • A fast growing local business looking to accelerate your growth even further.
  • A family owned business aspiring to become larger
  • An established company looking to evolve or diversify

     

Our business advisory service provides the expert support and guidance you need to overcome any hurdles, anxiety to put a solid plan in place to make those ideas a reality. We can draw on the experience of our existing team which includes a CPA as well as call on local experts where specialise knowledge may be required.

 

Business advisory consultants suited to any stage or type of business

As soon as you decide to start a business or even buy an existing one, you are putting yourself in the lifecycle of that entity. So it could be a start up, one that is growing, a very mature business or even one that is preparing to have the owners retire & pass onto someone else.

These all have their own challenges as the business experiences its ups and downs or changes objectives, priorities and strategy. That’s where we can provide assistance irrespective of the size you are or where you are in the lifecycle. We can help solve complex situations and help you seize new opportunities.

“Whilst looking for an accountant for my business I had dealings with Pauline from Fitzpatrick & Robinson on behalf of a mutual client, the speed and professionalism in which they addressed our mutual clients needs made the decision of who would look after my financials an easy one. Fitzpatrick & Robinson are now a part of my growing business not only from an accounting perspective but also as a trusted business advisory service.”

Rick-and-Bryn-from-Fitzpatrick-and-Robinson-accountant-in-Sydney

Providing business advisory is where Rick and I get the most enjoyment. We can dig deep into a business idea, existing operation or even a potential acquisition to map out a strategy with you.

There are so many ways that an advisor can make things easier to manage & growing your business less daunting.

Rick Fitzpatrick + Bryn Robinson, Directors

Why use a business advisory service?

A business advisory service gives you the expertise you need for any situation.

Why-use-a-business-advisory-service-in-Sydney

Business advisors can help any size business

There simply isn’t a one way suits all approach to business advisory services. Every business is so unique with its own dynamics and current situation or financial performance. We appreciate that so many owners have already put thousands of hours into building a business, so working with a business advisor that can learn & understand about your needs quickly is very important.

Our team has global expertise that is complimented with many years supporting Australian businesses. This means we can help streamline your business functions, guide you in making more informed decisions as well as create innovative ideas that can increase revenue and profits.

What are the benefits of using a business advisor?

We become an extra staff member for your business that has 40+ years of collective experience. We can help you make the best commercial decisions and keep the wheels turning on your operations, while you focus on what you do best. Business advisory services can provide significant benefits for business owners in Australia that include;

  1. Expertise and Knowledge: Business advisory services employ professionals who have a deep understanding of business operations, finance, marketing, and strategy. They can provide valuable advice and guidance to help business owners improve their operations, increase profitability, and grow their businesses.

  2. Objective Perspective: A business advisory service can provide an objective perspective on the business, which can be invaluable for identifying potential weaknesses, areas for improvement, and opportunities for growth. They can offer an unbiased analysis of the business and provide recommendations based on data and experience.

  3. Strategic Planning: Business advisory services can help business owners develop and implement strategic plans to achieve their goals. They can help identify long-term goals, create actionable plans to achieve those goals, and monitor progress to ensure success.

  4. Financial Management: Business advisory services can provide assistance with financial management, including budgeting, cash flow management, financial reporting, and forecasting. They can help business owners make informed decisions based on financial data and analysis.

  5. Networking Opportunities: Business advisory services often have a wide network of contacts and can introduce business owners to potential partners, investors, and other valuable resources. They can also provide opportunities for networking and collaboration with other business owners.

  6. Advice on business structures; We can help determine what structure may best suit you for minimising tax, distributing profits , protecting assets and other rationale.

  7. Review your business operations; We can conduct a deep audit of your business from the financials all the way to go to market strategies to identify opportunities for growth. 

  8. Mentoring; Sometimes business owners just need someone they can talk to and help guide or stay on track, we can help with mentoring and accountability management.

Growing a business isn't easy. Come and use our breadth of experience and first hand knowledge to reach your goals faster.

How can you work with a business advisory service?

We have structured our business advisory service in Sydney to accommodate any type of business that sells products or services.

From the very first conversation you have with anyone in our business advisory team we will structure a working relationship that fits into your business situation. With a breadth of experience within our team like a CPA, experienced tax accountants and access to local experts we can have many aspects supported pretty quickly.  

We can tailor a support package to suit your requirements.

Business-accountant-with-monthly-costs

Flexible
monthly costs

We can structure an hourly, weekly or monthly fee depending on your needs.

Business-accountant-available-in-Sydney

Any location
that suits

Our advisory service can be performed in our office, at your site or even remotely.

Business-accountant-flexible-times

Available when
you need it.

Our team is available during working hours to help you with any questions.

Business-accountant-training-and-set-up

Set up &
training services

We provide a wide range of set up, education and training services.

Qualified. Awarded. Trained. Innovative.

Give your business a competitive advantage

Not all business advisory services in Sydney are the same. Our team includes senior accountants, tax accountants and a Certified Practicing Accountant (CPA).

We have won numerous industry awards, recognised for our forward thinking methods of helping business owners. These have been achieved by embracing the latest technology platforms, implementing the latest business operational strategies & delivering incredible results for business owners.

A business advisory consultants that uses technology

We embrace the use of the latest technology to make running any business easier & more efficient.

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Technology is redefining our world and how we conduct business. When you engage with our small business advisory services we will never shy away from using the latest tools to make managing your business easier & more efficient. 

We are able to provide solutions to help anyone from a start-up company through to established businesses with teams of five employees or more. New software and apps are driving financial operational efficiencies, saving business owners time and money. 

In addition to this cloud accounting software, our business advisory consultants use & support a number of other apps including;

  • Workflow Max
  • Receipt Bank
  • Hubdoc
  • Office 365
  • GoCardless
  • Debtor Daddy
  • Practice Ignition

We have also been involved in implementing different apps across clients in a multitude of different industries. We won’t recommend something we haven’t tried and tested so that we can see its benefits. 

Remember, in business as in life, if you keep doing the same thing, you can’t expect different results. We are recognised industry leaders in advising businesses on what technology and apps to use to automate systems and processes to improve profitability. 

If you’re ready to discuss how accounting software technology can create more capacity in your business, contact us today.

Let us help you thrive with a wide range of accounting, bookkeeping and business advisory services.

Xero Accounting experts

We are a Platinum Champion Partner, qualified to provide expert advice and training on the cloud-based accounting software.

Technology driven

We use technology to work smarter, to identify any manual processes that can be automated to give you the best value.

Save time & money

Is bookkeeping taking too much of your day? Let us tick it off your ‘to do’ list, so you can spend time on the things that matter.

Access extensive services

We set up Xero, process pay runs, lodge your BAS, IAS & Super – we can do it so you can focus on driving your business forward.

Accounting compliance

Our specialised bookkeepers are across the latest legislation, so you know we have your back and you can breathe easy.

Make commercial decisions

We will present you with a clear and precise view of your finances, helping you make informed business decisions.

Frequently asked questions about working with a business advisory service

Explore the answers to the most common questions we get asked about our business advisory services

The benefits of using a business advisory service is that we become an extra staff member for your business that has 40+ years of collective experience. We can help you make the best commercial decisions and keep the wheels turning on your operations, while you focus on what you do best. Business advisory services can provide significant benefits for business owners in Australia that include;

  1. Expertise and Knowledge: Business advisory services employ professionals who have a deep understanding of business operations, finance, marketing, and strategy. They can provide valuable advice and guidance to help business owners improve their operations, increase profitability, and grow their businesses.

  2. Objective Perspective: A business advisory service can provide an objective perspective on the business, which can be invaluable for identifying potential weaknesses, areas for improvement, and opportunities for growth. They can offer an unbiased analysis of the business and provide recommendations based on data and experience.

  3. Strategic Planning: Business advisory services can help business owners develop and implement strategic plans to achieve their goals. They can help identify long-term goals, create actionable plans to achieve those goals, and monitor progress to ensure success.

  4. Financial Management: Business advisory services can provide assistance with financial management, including budgeting, cash flow management, financial reporting, and forecasting. They can help business owners make informed decisions based on financial data and analysis.

  5. Networking Opportunities: Business advisory services often have a wide network of contacts and can introduce business owners to potential partners, investors, and other valuable resources. They can also provide opportunities for networking and collaboration with other business owners.

  6. Advice on business structures; We can help determine what structure may best suit you for minimising tax, distributing profits , protecting assets and other rationale.

  7. Review your business operations; We can conduct a deep audit of your business from the financials all the way to go to market strategies to identify opportunities for growth. 

  8. Mentoring; Sometimes business owners just need someone they can talk to and help guide or stay on track, we can help with mentoring and accountability management.

A business advisory service in Australia refers to a professional service provided by consultants or firms that offer advice and guidance to businesses. The service may be provided by management consultants, accounting firms, or other professional service providers. The aim of a business advisory service is to help businesses improve their operations, increase efficiency, and achieve their goals. Business advisory services can cover a wide range of areas, including strategic planning, financial management, marketing and sales, human resources, and technology.

A business advisory service typically involves an initial consultation to understand the needs and objectives of the business. Based on this assessment, the advisor will develop a tailored plan of action that includes recommendations and strategies to help the business achieve its goals.

The service may include ongoing support and advice, including regular check-ins, monitoring of key performance indicators, and adjustment of the plan as needed. The advisor may also provide training and development programs for staff members to improve their skills and knowledge.

Business owners in Australia should consider using a business advisory service in a variety of situations, including:

  • When starting a new business: Business owners who are starting a new business can benefit from the expertise and guidance of a business advisory service. Advisors can help with business planning, financial management, and other key areas to ensure that the business gets off to a successful start.
  • When looking to grow the business: Business owners who want to take their business to the next level can benefit from the strategic advice and planning offered by a business advisory service. Advisors can help with growth strategies, market research, financial planning, and more.
  • When facing challenges or setbacks: Business owners who are experiencing challenges or setbacks, such as declining sales, cash flow problems, or employee issues, can benefit from the objective perspective and problem-solving skills of a business advisory service.
  • When looking to improve efficiency and profitability: Business owners who want to improve the efficiency and profitability of their operations can benefit from the financial management, process improvement, and other services offered by a business advisory service.
  • When considering a major change or transition: Business owners who are considering a major change or transition, such as a merger, acquisition, or exit strategy, can benefit from the guidance and support of a business advisory service.

Yes our business advisory service in Sydney can provide advice on the best structure to use for minimising tax, distributing profits, and protecting your assets. These are all key considerations for business owners. For example, a business advisory service can help a business owner determine whether to operate as a sole trader, partnership, company, or trust. Each structure has different tax implications, liability protection, and asset protection, and a business advisor can provide advice on which structure is best suited for the specific needs of the business.

The advisor can also provide guidance on how to distribute profits in the most tax-efficient way, such as through salary, dividends, or distributions. They can help the business owner develop a plan for managing cash flow and minimising tax liabilities.

In terms of protecting assets, a business advisor can provide advice on how to structure the business to limit personal liability for debts and legal issues. They can help the business owner develop strategies for managing risk and protecting assets, such as through insurance, contracts, and other legal agreements.