Accounting

ABS reduce compliance costs and improve the processing time of your transaction history using up-to-the-minute online technology solutions.

We raise the bar with a non-traditional approach, striving to use systems and processes – the ABS Method – which offer clients value for money.

You don’t have to sacrifice quality or increase your costs to get accurate, timely and reliable information on which to make decisions and respond to a rapidly changing modern-day market.

From that platform, we can offer advisory and planning advice to analyse your business outcomes, and improve performance with a highly informed business strategy, having the right structure and business plan in place, alongside your marketing plan and competitor knowledge.

Having comfort in having a sound bookkeeping and ledger system in place, can drive a smoother government and regulatory reporting schedule.

A strong commitment to maintaining accurate records also helps your predictive ability, to design effective tax planning strategies and optimise both liquidity and business finance arrangements – including improved banking relationships.

It may also help you focus on risk & insurance practices, to hedge against unknown or uncontrollable downsides which occasion all businesses at some stage.

From small to medium sized enterprises (SME’s) to professional practices and franchise or agency type businesses, Australian Business Services can provide expert advice in the successful growth and sustainability of your operation.

Franchises – Learn more

Professionals, Trades & SME’s – Learn more

Leadership is about stating your planned outcomes and allowing everyone involved to work towards their achievement, knowing precisely where the organisation intends to go and how it will get there.

To achieve this, it normally starts with a clear and concise Business Plan. This should be accompanied by:

• an Operating Budget – your plan for expected income and expenditure over a specified time period;
• competitive SWOT Analysis, which evaluates internal and external considerations; and
• commonly accompanied by a clear Marketing Plan

ABS can help you with this process, to effectively lead your team, identifying the resources needed and developing strategies to execute the organisations plan.

Regular monitoring of performance against your overall plan and budget can be a useful way to focus attention on the most important areas of achievement for the organisation.

By looking at your key performance areas (KPA’s), it can provide a framework for dividing the organisation into critical areas and identifying the critical success factors (CSF’s) to carry out your plan.

This can include pricing & sensitivity analysis models such as yield management strategies which optimise revenue between seasons, to inventory turnover analysys and obsolescence to reduce waste or convert redundant stock into cashflow.

Alternatively, it may involve a broader view of your competitive environment and how you might transition your business to another level, or avoid losing market share in an increasingly competitive and borderless market environment.

ABS can guide you through the steps to either selling your own business, or assist in the acquisition and appraisal process to purchase an existing business.

We will prepare or review the business sale memorandum, which provides an overview of the business being offered for sale, including key technical and financial data together with other information for your consideration of the feasibility and business case for a new ownership structure.