Business Structuring

Business Structuring Services

As a business owner, you know your service inside and out and you’ve likely built your business around your skills, abilities and vision. What you may not know, is that how you structure your business, can be the difference between a business that can handle growth and expansion and a business that can’t.

The structure of your business may seem simple, but the way its structured impacts on your tax, personal liabilities, asset protection, reporting obligations and more – the right business structure can save you valuable time and money. So, it’s important to get it right.

Strategic thinking and planning, along with the ability to be flexible when required, ensures you’re able to plan appropriately for the expected and respond effectively to the unexpected.

This is where we come in – let’s work together.

How Crest Accountants can help

The business world is ever changing, and depending on your business or personal financial situation, another entity structure might make more sense for your business. This is where a business accountant like us comes in.

At Crest Accountants we work together with you to help you navigate it. We take the time to get to know you and your business, so we can ensure your business structure is the right one. We work with you to help you navigate

Our business structuring services help you get the most out of your business, whilst adequately planning ahead and ensuring you and your business are protected, as they should be.

News about Business Structuring

COVID-19

Reminder: QLD Coronavirus Land Tax Relief Closes 30 June 2020

Overview You may be eligible for one or more of the following land tax relief measures: a land tax rebate reducing land tax liabilities by 25% for eligible properties for the 2019-20 assessment year a waiver of the 2% land tax foreign surcharge for foreign entities for the 2019-20 assessment year a 3 month deferral […]

News

COVID-19 Adaption Grant Program, Round 2 is on its way!

The Queensland Government is extending the Small Business COVID-19 Adaption Grant Program – applications will open on Wednesday 1 July 2020 with grants of up to $10,000 available. As part of Stage 2 of Queensland’s Economic Recovery Strategy – Unite and Recover for Queensland Jobs, up to $100 million is being made available to deliver […]

COVID-19

How to prepare for 2020 EOFY as a Small Business

The end of financial year (EOFY) will look very different this year than previous years. Australian small businesses have done it tough in recent months, with forced closures in entertainment, beauty, hospitality, tourism and an overall lack of consumer and business cashflow. While we’re not expected to see the full impacts of economic downturns and […]

COVID-19

COVID-19: Monitoring the Gold Coast Property Market in 2020

The sandy beaches, sunshine and laid-back lifestyle has long made the Gold Coast a tourist hotspot and great place to live. At the start of the year, the forecast for the Gold Coast property market looked very positive. But as we’ve seen both nationally and internationally, predictions of economic strength and even life as we […]

News

2020 Queensland Small Business Adaption Grant up to $10k

Small businesses in Queensland can now apply for grants worth up to $10,000 under a new $100 million support package announced this week by the Queensland Government. The COVID-19 Adaption Grant Program has been developed to assist those small businesses forced into hibernation, to restructure or to significantly change their business operations or move online. Please note the […]

Hospitality

4 Ways to Keep your Hospitality Business Alive during Economic Uncertainty

Whether it’s a coffee at the local, a night out with friends or a bite from the cafe near work – hospitality is where smiles are guaranteed, good times shared, and delicious offerings consumed. Sadly, the dine-in hospitality experience has been compromised seemingly overnight and only slowly and carefully emerging again. So, as a hospitality […]

Child Care Services

COVID-19: Understanding the Early Childhood and Care Relief Package

Our nurses, doctors, Gold Coast Accountants and other essential workers have one thing in common – they were all children once, in need of care and education. The care and education of our children is so important for our future. Even in times (like right now) when the economy is slowing down, and times are […]

Professional Services

4 Ways to Remain Positive and Proactive in Professional Services

From lawyers to architects, engineers to town planners – there’s no denying COVID-19 has affected all professional services in one way or another. It could range from working from home, or reduced hours and income because less people are engaging with your professional services. What’s important is remaining positive and proactive in your business – […]

News

$500 million COVID-19 Jobs Support Loans

COVID-19 is causing businesses around the world to experience major falls in demand for their products and services. To help your business withstand and recover from the economic impacts of Coronavirus, new measures and other assistance options are now in place to help you. The Queensland Government has opened applications for the $500 million COVID-19 Jobs […]

Startup

Why an Accountant should help set up your start up

Starting a business is exciting, fulfilling and rewarding, among many other things. What it can also be though, is daunting, confusing and difficult. It doesn’t have to be though, with the right professionals by your side. What makes it even easier, is when you have those professionals by your side from the very beginning. One […]

News

Business Accountant – 3 Accounting Tips for Women in Business

More and more women are going into business for themselves. In fact, according to the Australian Bureau of Statistics, women now operate one-third of all Australian small businesses, with a 46% increase in women-led businesses in the past two decades – talk about ‘girl power!’ As this number continues to grow, so does the importance […]

News

Business & Accounting New Year’s Resolutions

New Year’s Resolutions – we all make them. Whether we keep them or break them though, that’s another story… Health, relationships and fitness related resolutions seem to be the most common, but what about our business and finances? Shouldn’t we be considering those too? We should! How do we expect our business or financial situation […]

News

Your Business and the Holiday Season

Do you love Christmas and the holiday season, or would you rather push through your work all year round? Christmas and the holiday season are great for employees to refresh themselves before a brand-new year gets underway and get the chance to be merry with friends and family festivities. But what about your business? How […]

Asset Protection

Asset Protection and how an Accountant can help

You’ve worked hard for your assets; your home, business, cars, boat, shares and any other investments you may have, but are they adequately protected? Yes, you may have home and car insurance, but have you actually protected your wealth? These days, we have many things to worry about, and whilst we don’t want to add […]

SMSF

ATO Querying SMSFs Investment Strategies

Have you received a letter from the ATO about your SMSFs? At the end of August 2019 The Australian Tax Office (ATO) sent letters to approximately 17,700 self-managed super fund (SMSF) trustees and their auditors. Why you received this letter? Under regulation 4.09 of the Superannuation Industry (Supervision) Act (SISA), your current SMSF investment strategies […]

Accounting For Your Ecommerce Business (1)

E-Commence 

Why you need an Accountant for your E-Commerce business

What is an ecommerce business? An ecommerce business is essentially any business that is conducted electronically on the Internet. There’s ecommerce for one-off sellers who want to sell their new and used products online like Gumtree and Facebook marketplace. Then there’s your more niche ecommerce businesses who sell specific items, catering to specific needs. For […]

Medical

4 Ways to improve Medical and Dental Practice Profitability

Medical and dental practices are profitable businesses, right? Not necessarily. Having a solid business plan and the right systems and processes in place, can mean the difference between a successful and profitable practice, and an unsuccessful practice with many losses. At Crest Accountants on the Gold Coast, we have spent many years consulting with medical […]

Startup

5 of the major legal risks faced by start-ups

So, you’ve decided to take the plunge and start your own business. It’s exciting and you can’t wait to start getting customers, hiring staff and watching your business grow. This is all very well and good, but sometimes, amidst all this excitement and hard work, business owners can forget about the many legal risks involved. If you’re […]

Medical

How to put together a budget for your medical practice

A budget – it’s the key to success for any business. And for a medical practice or business in the allied health industry, it’s no different. Putting together a budget should be an annual exercise, but many medical practices never establish one, or if they do, never look at it again, deeming the entire budget […]

Cashflow

Cash in or cash out? 3 tips to increase your business cash flow

Cashflow. It’s the lifeblood of your business because, let’s face it, without it, you have no business at all. In business, particularly in the early years, cashflow can be really tricky. Tricky to increase and tricky to manage. You have to spend money to make money, this is true, but some businesses shouldn’t be spending […]

Xero

‘In The Cloud’ Accounting – Is Xero right for my business?

Xero – It’s one of the most popular accounting software packages available, but how do you know if it’s right for your business? With so many different Cloud-based accounting software to choose from nowadays, it’s not an easy choice. At Crest Accountants on the Gold Coast, we are highly experienced in accounting software and are […]

Structure

Want to grow your business? How structuring it the right way can help

Do you want your business to grow? If you’re reading this blog, then the answer is likely yes. As a business owner, you know your service inside and out and you’ve likely built your business around your skills, abilities and vision. What you may not know, is that how you structure your business, can be […]

Lauren Gregory

04:10 20 Jun 19

Recently I came on board as a client, and cannot recommend Angela highly enough. To date, my experience with Angela and the team has been fantastic and I would not hesitate in providing a referral. I have been impressed with the prompt return of calls and emails, and have had all work completed within our agreed time frames. The valuable taxation and small business advice I have received has been incredibly useful and provided me with support and guidance on my personal and business journey. If you are looking for a Tax Accountant or Advisor, don't hesitate in making the move over to Crest.

Danny Ellem

05:07 09 Oct 19

I cannot commend Crest Advisors lending team enough. As first home owners, we found the place we wanted and knew we had to find someone to make our loan happen. Dion & Nat, not only had fantastic communication & correspondance, they worked with us on finding what we wanted and helped us secure our first home. The were patient & explained everything as we were completely new to it all. They gave us direction and guidance in what we needed and were very thorough with what they needed.We cannot thank Dion & Nat enough and highly reccomend them to anyone.

Feng Lin

00:56 03 Sep 19

Very good fellows! Hepled us to start our business in this country and looked after our accounting very well from the first day at low costs!Strongly recommending people to engage Crest Advisors for any business or individual services!

Kelly Penman

07:29 22 Sep 19

An excellent dealing with Natalie from start to finish, she was very patient with me while i was purchasing my vehicle, can highly recommend easy process and great to communicate with .

The Edit Suite

01:20 20 Aug 19

We have had the great experience of working with the friendly team at Crest Advisors and would highly recommend them. Fantastic team, terrific space and caring attitude.

Carla Schesser

05:43 02 Dec 19

I recently worked with Louise on a full website design & build project for Crest Accountants. Throughout the whole process, Louise was highly organised, detail-oriented and super communicative which made the project a massive success.It was apparent from the start of the project together that Louise was passionate about Crest Accountants, the vision and did everything needed to ensure the website was perfect.Thank you Louise for all your efforts and I look forward to working on the next project soon!

Phillip Crawley

12:11 08 Dec 19

Ryan, Nicole & Robert are all very skilled at what they do, highly recommend.

Jed Newnham

23:59 29 Nov 16

I highly recommend Crest Advisors. I have been working with Crest for 4 years and they assist me personally and my business in several areas including Cashflow forecasting, tax planning, business structuring, BAS, Finance, Insurance and SMSF. They provide excellent services and will help you achieve your personal and business goals. Jed Newnham, Managing Director of Newnham Scaffolding