Help with Starting a Business

Starting a small business is an exciting journey but comes with a maze of financial and legal decisions. As experienced accountants specialising in small businesses, we can guide you through the process to evaluate your business concept and ensure your business is set up for success from the very beginning. From choosing the right structure—whether as a sole trader, company, or trust—to handling essential registrations like ABN, GST, PAYGW, and FBT, we are here to simplify the process.

Together, we can ensure you’re fully informed about tax implications, prepare for employees, and set your business on a solid foundation.

Why Book a Meeting with us?

Validate Your Business Idea
Every great business starts with an idea, but not every idea is the right one to pursue. We help you critically evaluate your business concept to determine if it’s viable, sustainable, and aligned with your goals. Through structured analysis and practical advice, we ensure you have the insights needed to make informed decisions before taking the plunge.
Tailored Advice for Your Business Structure

Choosing the right business structure is one of the most important decisions you’ll make as a small business owner because it impacts your tax obligations and legal responsibilities. We will assess your short-term and long-term goals and unique circumstances to recommend whether a sole trader, partnership, company, trust or combination best suits your needs.
Analysis of Start-Up Capital and Cash Flow Requirements

A clear understanding of your start-up capital needs and ongoing cash flow is critical for sustaining your business. We can help you analyse how much funding you’ll need to get started and keep going, how to finance it and create strategies to manage it effectively as your business grows.
Income and Expenses Budgeting

Understanding the forecasted profitability of your business or even different strategies is essential for financial control and planning. We can guide you in creating budgets for your income and expenses, providing you with a clear financial roadmap. This helps you allocate resources effectively and prepare for financial challenges.
Streamlined Registrations

Navigating ABN, GST, PAYGW, and FBT registration paperwork can be overwhelming. We’ll handle these registrations efficiently, ensuring your business complies with all regulatory requirements from day one.
Expert Tax Guidance

Understanding the various tax obligations of a business can be complex, and they can change as your business grows. To help you make informed decisions and avoid costly mistakes, we provide clear explanations of
1. Income tax issues, including timing of payments, deductible & non-deductible business expenses, Personal Services Income, Deferred Non-Commercial Losses, and family income splitting opportunities;
2. GST issues, including BAS obligations; and
3. Capital Gains Tax implications, e.g. upon sale of your business.
Preparation for Hiring Employees

Whether hiring your first employee or planning to hire others, we’ll help you navigate payroll setup, superannuation requirements, and compliance with tax laws such as PAYG Withholding Tax and Payroll Tax.
Bookkeeping and Record-Keeping Support

Effective bookkeeping and record-keeping are essential for tracking your business’s financial health and meeting tax compliance requirements. We can help you set up an accounting data file tailored to your business needs and provide training to ensure you and your team can manage it confidently. This includes advice on the best software to use and how to maintain accurate records for tax and reporting purposes. Or, because you have better things to do, let us look after the bookkeeping for you!
Peace of Mind

Starting a business is an exciting journey, but it can also be overwhelming without the right support. At DFK Everalls, we take the stress out of the process by providing expert guidance and tailored advice at every step, so you can focus on building your business with confidence and clarity.

The most professional and supportive service for a small business starting out. No silly questions and everything explained clearly and with accuracy.

98 Gym Canberra

Book Your Consultation Today

Let’s discuss your vision and how we can help bring it to life. A one-on-one meeting is the first step towards creating a tailored plan and solid foundations for your small business success. Call us to book your consultation and take the stress out of starting your business!

Here’s the thing – we’re great at what we do too. This is our passion. Let us help.

Your business is worth investing in.