Business Assistance & Advice

Reliable services supported by expertise. For small business accounting services in Melbourne Western Suburbs, consider Daniel Nguyen & Associates. We offer a one stop shop range of services and our professional staff will handle your affairs with competence. We offer a full range of accounting in Melbourne.

Do you have a great business idea and the necessary skills to operate it? Starting your own business is such an exciting step, not only do you finally get to utilise all your skills and knowledge into your dream future, you're able to have the satisfaction of seeing your own business, your own ideas grow step by step.

Once you have done the preliminary research and have made your decision, we can assist you further in the setting up of the business.

Business Plan

• Planning is the fundamental strategy on which the business is directed. Appropriate goals and objectives are important to setup well before the business operations are implemented. This plan includes the organisation's structure, financial forecasts, feasibility, the scope of growth and its objectives.

Financing the Business

• Finance is the lifeline of any business. The economic cycle can impact your business cycle during the life of the business and it is also essential for the business to have adequate funds to be able to sustain and manage general expenses and meet current and long term liabilities. Speak to Daniel Nguyen & Associates about how we can help you with your finance.

The first steps in choosing what type of business structure you would like is the most vital decision that you will need to make as this will be the base platform of how your business will operate in the future.

It is vital to choose the right business structure whether you are looking to operate as a sole trader, under a company structure, partnership or a trust arrangement. You must understand your business requirement and choose the right structure that suits your business the best as each structure has its own pros and cons and will affect your business in different ways such as its tax implication, legal obligations and ongoing costs.

Different business structures can have different tax obligations and government registrations necessary. We will ensure you are aware about it and be compliant to your tax obligations. Not only can we assist you in choosing the right structure, we can assist in carrying out the required ASIC and ATO registrations and have your company formed. We endeavor to complete all registrations at an affordable fee.

The right trust type can be decided on the basis of your business needs

We can help review existing business or help you with projections and cash-flows for setting up business plan. We offer advice on Capital Gains tax calculations and tax planning, business valuations and preparation of documents for business sales, business benchmarking, negative gearing, business succession planning, tax variations and retirement planning.

The timing of advice is crucial as it helps us with structuring a plan and working out the potential impact the event could have on the client. Our team at Daniel Nguyen & Associates is continually working out new ways to provide legitimate, sound advice and help work out a plan which works both with the client's objectives and also is within the rules of Tax Law.