Management Accounting Services
Our management accounting services are primarily directed towards the small and medium businesses. We strive to achieve a solution for our clients that is practical, manageable and affordable. Our philosophy behind structured advice is to create, manage and protect your wealth.
Every business is unique with a distinct vision and diverse characteristics. Advisers at Financial Decisions understand this and, more importantly, appreciate the importance of preserving ‘Sweat Equity’. We combine our specialist skills with tools, techniques and meaningful reports that make a difference to the operational performance of your business.
Strategic Planning
Strategy is important but it is the execution of the strategy that will ultimately have an impact on the underlying performance/position of your business. We use our vast array of knowledge and experience to assist you in taking the best course of action.
We facilitate with the formulation of the overall strategic direction for your organisation and support you in understanding the key drivers that will improve productivity and profitability. Our technical expertise and business acumen allows us to provide you with a purposeful insight into your organisation’s journey.
A strategic plan charts out a path for the future of the business by establishing a vision for the organisation, its mission, strategies and key objectives. A good strategic plan:
- Will reflect the core values of an organisation;
- Assist towards the achievement of key objectives;
- Promotes ‘Goal Congruence’;
- Gets everyone involved and creates a culture of strategic thinking; and
- Prepares an organisation to tackle any unexpected events.
Advice & Support for Start-Ups
It is only when an idea paves its way through the uncharted territory and economic uncertainty, in a structured and logical fashion, that it becomes a process and it is that repetition of the process for economic gain that is called a Business. A successful business is often supported by a structure that optimises your short and long term objectives.
At Financial Decisions, we can advise you in deciding the most suitable structure for your business, taking into account your potential succession plan, key objectives, business risks and tax optimisation. Being a full-service advisory firm, we can also assess your finance requirements and advise on the best source of finance for your business.
Succession Planning
It is imperative that successful family businesses have a plan to not only transfer the ownership of the business to the next generation but take steps to preserve their lifetime of effort. What if something happened to you last night? What plans have you done to date that ensure the continuity of your business? Are you worried about your wealth falling into the wrong hands? A well-defined succession plan will assist you in dealing with all of these matters.
We give advice to family business owners on preserving their wealth, taking steps to reduce adverse outcomes from events such as marital breakdown, unexpected death, illness or injury.
