Businesses

All businesses encounter challenges at each stage of their development and no two businesses are the same. Warn & Associates recognizes the individuality of each client and spends time getting to know you and your business so that we can offer advice based upon our understanding of your specific situation.

Our Services for Businesses

Budgeting

Budgeting is a vital key to running or starting up a successful business. It allows you to think ahead and to control the management of your business.

We see budgeting as planning

- to ensure that you have the money for future activity

- to control finance

- to make confident financial decisions

... by relying on solid figures and the objectives of the business.

We use the future cash flow projections to estimate the viability of the business and include them in business plans. A budget will help you determine how much money you have, and how you will use it. It will also help you decide whether you have enough money to achieve your financial goals.

As part of a business plan, a budget can help convince a loan officer that you know your business and have anticipated the financial institution's needs.

Please contact us if you want more information on how we can help you with budgeting.

Business start-up, purchasing and sale

Once you have the idea of starting up a business, we would help you to seek more information about the legal and financial aspects of creating a new business.

Or do you want to buy an existing business? Before you do, it is strongly recommended that you review its trading history, that you know what entity you should trade under and that you are familiar with the legal and tax obligations as a result of trading.

To be able to sell your business you need to assess financial reports with an eye toward creating financial statements and projections that illustrate the business' revenue and growth potential. Records should be formalized and you should clearly document all transactions. That way potential buyers can easily evaluate the company, and a new manager/owner can take over with minimal training.

In short, the process of setting up, buying or selling a business requires thorough analysis that is best done with the help of a professional. Warn & Associates has the experience and knowledge to help you with these matters.

Companies Act Compliance

Once you have the idea of starting up a business, we would help you to seek more information about the legal and financial aspects of creating a new business.

Or do you want to buy an existing business? Before you do, it is strongly recommended that you review its trading history, that you know what entity you should trade under and that you are familiar with the legal and tax obligations as a result of trading.

To be able to sell your business you need to assess financial reports with an eye toward creating financial statements and projections that illustrate the business' revenue and growth potential. Records should be formalized and you should clearly document all transactions. That way potential buyers can easily evaluate the company, and a new manager/owner can take over with minimal training.

In short, the process of setting up, buying or selling a business requires thorough analysis that is best done with the help of a professional. Warn & Associates has the experience and knowledge to help you with these matters.

ACC, WINZ and the Department of Labour

Once you have the idea of starting up a business, we would help you to seek more information about the legal and financial aspects of creating a new business.

Or do you want to buy an existing business? Before you do, it is strongly recommended that you review its trading history, that you know what entity you should trade under and that you are familiar with the legal and tax obligations as a result of trading.

To be able to sell your business you need to assess financial reports with an eye toward creating financial statements and projections that illustrate the business' revenue and growth potential. Records should be formalized and you should clearly document all transactions. That way potential buyers can easily evaluate the company, and a new manager/owner can take over with minimal training.

In short, the process of setting up, buying or selling a business requires thorough analysis that is best done with the help of a professional. Warn & Associates has the experience and knowledge to help you with these matters.

Employment contracts

Your people are your greatest asset.

When you're an employer and have found the right person for the job, you will need to offer them an employment agreement. There are some provisions that must be included in employment agreements by law and there are also a number of minimum conditions that must be met regardless of whether they are included in agreements.

Please contact us, so we can assist you setting up an employment agreement and contract.

Financial Reporting

Whether you are a sole trader, operate in a partnership, or have formed a company / non-profit organization, as soon as you are in business you have to start keeping accurate and complete records.

Your business records should include banking information, proof of income and expenses, cashbooks and wage books. All reporting entities preparing financial statements are obliged to complete those in accordance with the requirements of the Financial Reporting Act 1993. Under the Financial Reporting Act you will need to complete a full set of accounts within five months of the end of the financial year.

Does this all sound like a lot of paperwork that could easily end in chaos? Warn & Associates can help you setting up an efficient system for storing and recording the necessary records.

Please do not hesitate to contact us for further assistance or have a look on the website of the Companies Office.

Insurance

Being in business involves risk that can be covered by the right insurance. We will advise you depending on your specific situation.

Please contact us for more information.

Payroll and Book keeping

Completing payrolls and maintaining your company's books can be an administrative nightmare.
As well as being complex and time consuming, they take you away from what you do best - developing your business.

You will also need to keep up to date with the constant changes to legislation surrounding payroll. Failure to do so could lead to hefty fines for innocent errors.

Please contact us, so we can help you and your business to prosper by taking over these routine accounting functions for you.

 

Also have a look at Taxation.

If you require a service that is not listed, please do not hesitate to contact us.