Small Companies

As a small company, keeping up to date with what you are spending and earning is absolutely essential. As a trader you need to know:

  • Exactly where every penny of your money is going every month - are you wasting it on unnecessary items or services?
  • Whether you are getting a good deal on essential business purchases - are you paying too much for base materials? Should you look to source from somewhere else?
  • What your cash-flow forecasts are - it is important to have a cash-flow plan. A cash-flow plan can tell you if you need to borrow money and if so, how much, when and how you can repay the loan.
  • Whether you could manage your spending better. Where is money going? Do you need to set a more realistic budget or prioritise certain costs? For instance - pot plants and scatter cushions may look nice in a beauty parlour but they're not as important as the heating bill.
  • When are all of the tax and annual return deadlines? Late fees can mount up very quickly to extraordinary amounts.

 

Frequently Asked Questions (Click on the question below to expand the answer to them)

  1. I have staff to do my accounts. Why should I engage with you guys?

    We offer at least the same, but often  more services that you can get from hiring an employee.

    When you hire a staff, you have to:

    • Hiring headaches – get the right mix of experience, skills and cost. This is especially a problem if you are hiring part-time staff
    • Constant management of staff – attendance & productivity
    • Finding back-up when they go on leave or are ill
    • Training of new staff
    • We can provide interim business management cover in case of ill-health or extended vacation

    Not only do we free you up from the above, there also other advantages to you:

    • Lower total costs, better productivity
    • Fewer staff to manage - freed up to run your business or have more leisure time
    • Scalability – our price is fixed for 2 years unless your business grows by more than 20%
    • We have skills on board to provide you with other services e.g. profitability analysis, job costing, finance applications etc. You decide whether you need these additional services – we don’t believe in charging for services that you may or may not use
    • We can provide interim business management cover in case of ill-health or extended vacation
  2. What services do you guys provide?

    We provide vast range of services including:

    • Coding of bank statements
    • Accounts receivable and Accounts payable
    • Annual Financial Statement
    • Annual Income Tax Return
    • GST Preparation
    • Debtor follow-up
    • Help prepare business case for loans from bank or getting seed funding

    And the list continues..

    For full list of services, please refer to Service section. Click here to jump straight to that section.

  3. I am a growing business. My needs are changing. Will you guys keep pace?

    We are quite adaptable to your requirements. Since we can service range of clients ranging from Small Companies to Medium Enterprises to Large Companies, so as your requirements change and your business grows, we will adapt as well. If your accounting software requirement change, we will make sure that we will adapt as well. If we don’t know the software then we will train ourselves on that software at no cost to you - how's that for flexibility. So say goodbye to training to training costs and loss of productivity in sending staff on training. 

  4. Bookkeepers are quite expensive. I can't afford to have your service?

    We understand that one size cannot fit everyone. So we have devised customised pricing for all segments keeping in mind their requirement. You will find that our pricing is very affordable. The pricing is so reasonable that often our customers ask - How do you manage in that? Our answer is quite simple - we do not have big offices and staff overheads. We believe in Lean and Mean approach. Click here to go straight to our pricing for Small Companies.

  5. Account shifting process must be time consuming and a headache?

    On the contrary shifting process is like a cake walk. All we need is

    • a quick debrief from you about the state of business, reporting requirements, expectations; and 
    • login user ID and password to the accounting system

    That’s it..it is that simple.

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