Financial Foundations for Starting Your Business
Before you register a company or open your doors, there's work to do. Smart entrepreneurs spend time understanding money flows, tax structures, and realistic capital needs. We help you build the financial groundwork that turns ideas into sustainable ventures.
Real Numbers Before Launch
You've heard the statistics about business failures, and often they trace back to cash flow misunderstandings. We work with entrepreneurs at the planning stage to map out actual expenses, revenue timelines, and working capital requirements.
Think of this as building your financial literacy before you're drowning in receipts and invoices. We cover everything from choosing the right business structure for tax purposes to understanding GST obligations and employee costs.
Most people underestimate their startup runway by at least three months. Our sessions focus on creating realistic projections that account for slow periods and unexpected costs.
Building Your Financial Framework
- Understanding which business structure makes sense for your situation, whether that's sole trader, partnership, or company setup
- Mapping cash flow patterns based on your industry and business model so you're not surprised when bills arrive
- Setting up accounting systems that actually work for small operations without requiring a finance degree
- Planning for tax obligations including quarterly BAS statements and end-of-year requirements
- Creating budgets that reflect real costs including insurance, equipment, marketing, and contingencies
- Understanding funding options from bootstrapping to loans, and when each approach makes sense
How We Help You Prepare
Our preparation process focuses on practical knowledge and realistic planning. These aren't generic workshops but targeted sessions based on your specific business concept.
Financial Health Check
We review your personal financial position and how it affects your ability to start a business. This includes looking at existing debts, savings, and realistic income needs during the startup phase.
Structure and Setup
Choosing the right business structure affects everything from taxes to legal liability. We explain the differences between sole trader, company, and trust structures in plain language.
Systems and Processes
Before you make your first sale, you need invoicing systems, record-keeping processes, and ways to track expenses. We help you set up efficient systems that scale as you grow.
Start With Solid Financial Planning
Getting your finances right from the beginning saves headaches later. Our preparation sessions run regularly throughout the year, giving you time to build knowledge before you need to apply it.
Get Started with Planning