Exit your business in the right way with our expert team.
If it’s time to exit your business, we’ll map out a plan and support you every step of the way.
Whether you want to sell, retire or pass on to the next generation, there’s a lot to consider. It can get complicated but we’ll break it down in simple terms and give you a range of options.
Ultimately, it’s about getting the best value for you and your shareholders. You can rely on our years of experience to achieve that goal.
Some of the services we offer exit stage businesses:
- Business Valuation
- Retirement Planning
- Succession Planning
- Transitional Tax Advice
Finding the best way to value your business.
Want to sell your business let DASperth help you work out what it’s worth.
Some parts are business valuation are easy – for example stock or fixed assets. But most businesses have a sizeable intangible assets that contribute a lot of value. We’ll help find a valuation method that’s acceptable to you and possible buyers.
If the next step after leaving your business is retirement, we’ll help you create a plan for you and your family.
Even if you’re not thinking of selling or leaving your business, it’s never too early to start planning for retirement.
The retirement planning team will help you protect your assets and provide certainty over your retirement income. And we’ll make sure that your retirement plan is tax efficient so you enjoy more of the fruits of your business career.
Our Managing Director Paula Durrant specialises in Superannuation and has a wealth of experience planning in this area.
Some of the retirement planning areas we can help with are:
- Maximising super contributions
- Imputated credits
- Reducing tax payable
Ensuring continued success when you leave your business.
When you have decided to pass your business on to the next generation, whether that’s family or staff, needs careful planning on a financial and personal level.
We know that change of ownership is a major event, perhaps the most important of your business career. Our job is to make it go as smoothly as possible for you and ensure the future success of your business.
Succession planning challenges:
- Is the next generation willing and able to take on the business?
- When is the best time for leave?
- What is the best financial outcome for you?
DASperth we have done it before so use our experience in business succession, our team will help you create a plan that’s right for you and the business you’ve built.
Some of the services this might include are:
- Finding the right buyers
- Preparing your management team
- Estate planning strategies
- Creation of trusts to meet planning goals
Transitional Tax Advice
Sell your business and pay the least amount of tax.
When you sell your business, you’ll be liable for taxes. DASperth team provide advice specific to the types of taxes you will encounter when you sell your business and will help you minimise the tax you pay so you keep more of the proceeds of your sale.
Our approach is tailored to each business we work with but some of the services we offer include:
- Managing Capital gain tax consequences
- Managing GST consequences
- Rollover to superfunds
- Stamp duty
- Referral to the right lawyers
- Tax concessions
You need up to the minute live data, you don’t need heaps of data entry.
Small businesses can’t be successful if they ignore their numbers. Cloud accounting gives you accurate, live data that is current and can be designed to give you key indicators to help you manage your business. Using automated services like bank feeds gives you more time to work on the business.
What is the right software for my business?
If you’re ready to move to the cloud, we’ll help you choose the right software for your start up. That means right for today and right for where you want to be in the future. Xero, MYOB, QuickBooks or Reckon all have their strengths and weaknesses and suit some businesses better than others. We’ll make sure you get the software that fits your business best.
How do I move from desktop software to the cloud?
Moving from desktop systems can be daunting but our team of cloud accounting specialists will make your transition seamless. Your historical data will be brought across and we’ll make sure your team are trained in your new cloud accounting package.
Is my data secure?
Once you’re up and running, we’ll keep an eye on your setup, making sure your financial data is in good order.
Cloud Accounting Software allows you to see your cash flow in real time as soon as you log in. This means you can track all the key elements of your business in one place. As your accountant we can ensure you are on the right track at all times. We can give you real time advice based on real time numbers.
See how you can benefit from Cloud Accounting.