We're committed to helping businesses through difficult and unexpected circumstances brought on by COVID-19. We'll work with you to set up a plan to move through and beyond a crisis, and focus on what's important and realistic for you.
Read our FAQs at the end of this page for information on:
In our 40 year history, not only have we made countless business plans for our clients, but we've successfully planned our own business success.
Our team is qualified to provide a wide range of business advisory and accounting services, including business planning and personal wealth creation.
Our business planning is backed up by rigorous systems and processes which we've developed and improved over our 40 year history.
Planing for long-term success means we need to have a long-term relationship. We build strong partnerships with all our clients.
Maintaining business continuity in a crisis is uniquely challenging when you don't know what's coming next. Implementing a business continuity plan gives you a foothold in an uncertain environment.
Our team can help you with forecasts, protecting your personal assets, additional bank funding, and more.
When it comes to crises like the COVID-19 pandemic, it's hard to set up a meeting; so we'll come to you virtually. Whatever it takes, we'll be there to support your business continuity planning.
We have worked with Liston Newton's Accountancy and Advisory Team for over a decade. During that time, our business has grown substantially both organically and through purchases. This wouldn’t have been possible without Liston Newton Advisory to assist with our business planning, providing proactive advice and ensuring our accounts were always compliant in a complex and volatile industry.
Liston Newton's Accountants analysed our financial and business situation and helped us implement strategies to improve our position. Their strategies turned our business from making a loss, to recording a 6-month net profit of 36 per cent. And we are now on track to show a 240 per cent increase in turnover over the next financial year.
Liston Newton helped us move our accounting over to Xero. Their Accountant managed the set up and training so we felt comfortable with the software. We now have all our processes streamlined which gives us improved visibility of our business performance. This has allowed us to open 2 more stores without a significant increase in administration effort.
We have over 40 years of experience planning successful businesses, including our own.
Find out what's possible for your continuity plan. We can help.
Yes, create or update your business cash flow plan over the coming months. You need to your daily and weekly planned cash position to make informed decisions, like when you may need additional bank funding, or reduce staff numbers.
Yes. Keeping your business alive means paying your employees, your key suppliers, your rent, and your accountant each week. These are the assets you use to navigate a crisis. Nothing else matters in the short term.
You may need to delay making payments of GST, PAYG Withholding Tax and Employee PAYG Tax to the ATO.
You should set up a second bank account (separate from your main trading account) and each week transfer cash for these payments across into it. If needed, you can then dip into this cash reserve to keep your business alive.
Arranging for additional bank funding or lines of credit that can be approved now for use in an emergency. We have our own credit licence and access to a panel of over 25+ lenders.
Now is the time to upgrade or update your asset protection. Consider if you need to protect the equity in your family home or other assets in personal names with a "Gift and Loan Back arrangement" — with no stamp duty or Capital Gains Tax consequences.
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