Kaizen Business Services Group


Services

Please click a link below to review in greater detail our range of services offered:

Business Development Services
Strategic planning is the foundation for future success. Without it your business is vulnerable - just keeping up in no longer enough. to reach a new goal, you must do things you have never done before.
At Kaizen Business Services Group (KBSG) we understand that business owner-managers can become bogged down with the day-to-day struggle to keep the business running. We use best practice methods to allow you and your key people to take a step back and look at the 'big picture'.
These best practice methods involve training, coaching and mentoring you and your key people to work through the issues involved in the business. This brings both personal development as well as 'ownership' of the resulting plans and strategies for those involved.
KBSG is affiliated with Mindshop International - a business research and training organisation. This enables us to keep at the cutting edge with proven business improvement tools.

  • Strategic Planning
  • Business Process Analysis
  • Business Process Re-Engineering
  • Profit Improvement
  • Team Development
  • Succession Planning
  • Due Diligence
  • Internal Audits

Financial Management Services
Successful financial management of a business does not "just happen". It requires a vision for the future to be combined with discipline and regular monitoring. You and your management team may have a clear vision for future financial success, but may still fail to employ the discipline to accurately monitor your progress toward your goals. In this case growth is hindered by a lack of internal financial control.

The cost of making the wrong decisions can far outweigh the benefits of working with business advisers who can provide the right information and discipline at the right time. KBSG financial management services are designed to make sure your team stays focussed on the big picture while employing the necessary controls to manage performance.

Your team can become so caught up in their daily operations and procedures that they are unable to capitalise on the potential of the big picture. Planning how to get there is equally critical. You need to know how fast the business can be grown, what resources it needs and the relationship between profitability, cash flow management and capital financing. Many profitable businesses fail because of lack of understanding of the dynamics involved. KBSG will assess your goals and prepare financial plans for you and those who need to know in a format which is readily understood.

KBSG ensure that the correct financial monitoring systems are in place and that accurate management information becomes an integral part of your existence. Given the right information, management can make well-informed decisions, access the requirements of the business in advance, and avert possible problems before they are able to impact on your financial success.
Taking control of financial information is an exciting process, but the rewards come from harnessing the benefits which this control gives your team. With a plan in place and accurate data coming your way, you can cope easily with the unexpected and act quickly to minimise any detrimental effect to your business while you maximise the possible benefits.

  • Preparation of Annual Financial Budget
  • Weekly Performance Reports
  • Weekly Trend Reports
  • Monthly Financial Management Reports
  • Monthly Accounting Commentary
  • Monthly Graphs
  • Monthly Meetings
  • Quarterly Financial Management Reports
  • Quarterly Graphs
  • Quarterly Meetings
  • Three year Financial Analysis
  • Financial Health Assessment
  • Economic Value Added (EVA) Analysis
  • Financial forecasting & What-If Analysis

Accounting & Taxation Compliance Services
The Corporations Law 2001 and/or the Income Tax Assessment Act 1997 requires your business to keep full and proper accounting records. Severe penalties can apply if you do not comply. If you have borrowings in your business then the lenders will require you to provide them with financial reports on which they will rely when assessing whether to loan you money or continue an existing loan facility. It is therefore important to your business' survival that your business records are accurate and so are the financial reports drawn up for them.

KBSG has the expertise to assist you in satisfying your obligations in this area. We understand the requirements of the Corporations Law 2001 and the Income Tax Assessment Act 1997 (which seem to be constantly changing) as well as those of lending institutions. We can guide you through the maze.

Nobody "likes" to look at tax, however it affects each and every one of us. Like anything in life or business - if you plan correctly, seek professional advice and play by the rules, you will be better off in the long run. The ultimate aim in this area is to turn tax to your advantage by taking control of your situation and effectively implementing a strategy to minimise tax. Legislation is continually changing which means you need assistance to manage your obligations. This is the only way to enhance your personal and business situation while remaining within the bounds of legislation.

Once money is earned, it's on the books, and once you have spent it, there is no going back. If your team knows what lies ahead they can deal with it - retrospective planning never helped anybody. Planning is vital to ensure the balance of earnings and expenditure is part of a "smart tax" strategy. KBSG works with you to pro-actively manage tax obligations by advising on tax structures and minimising strategies well ahead of deadlines.

  • Accounting Services
    • Processing of data
      Preparation of Annual Statutory Financial Reports
      Maintenance of Asset Registers
  • Payroll Services
    • Compilation of payroll
      Payment of payroll obligations (net pay, PAYG, withholding, superannuation)
      Quarterly employee superannuation contribution advice's
      Preparation of Payroll Tax returns
      Preparation of Workers Compensation Declaration returns
      Preparation of PAYG Summaries and Reconciliation Returns
  • Income Tax Services
    • Taxation Advice
      Taxation Review Pre 30 June
      Income Tax return preparation
      Franking Account Return preparation
      Capital Gains Tax Register maintenance
      Fringe Benefits Tax Returns
      Business Activity Statement preparation
      Instalment Activity Statement preparation
      Superannuation Guarantee Charge Shortfall Return
      Administration of Tax Affairs and Tax Obligations
      Tax File Number applications
      Australian Business Number applications
  • Corporate Law Services
    • Company incorporation arrangement
      Act as Registered Office
      Annual Review Statement preparation
      Maintenance of Corporate Registers
  • Other Business Support Services
    • MYOB support
      Quicken support
      Superannuation Fund set up arrangement
      Family Trust set up arrangement
      Accessing Government Assistance Program

Outsourcing Services
We know that may small businesses have the need for skilled bookkeeping and administration services on a regular basis but cannot afford a full-time qualified accountant. At KBSG we provide our clients with whatever they need in order to help them cope with business red tape and keep the bookwork up to date at the same time. We use our experience and internal systems to make sure that our clients can get on with running their businesses with a minimum of disruption from Government agencies.
We can deliver our outsourcing services either at your premises or ours depending on what is most effective for you.

  • Accounting Services
    • Processing of data
      Preparation of monthly Financial Reports
      Maintenance of Asset Registers
  • Payroll Services
    • Compilation of payroll
      Payment of payroll obligations (net pay, PAYG, withholding, superannuation)
      Quarterly employee superannuation contribution advice's
      Preparation of Payroll Tax returns
      Preparation of Workers Compensation Declaration returns
      Preparation of PAYG Summaries and Reconciliation Returns
  • Income Tax Services
    • Fringe Benefits Tax Returns
      Business Activity Statement preparation
      Instalment Activity Statement preparation

Audit & Assurance Services
As external auditors of a corporate business we carry out a function regulated by the corporations Law 2001. In the course of our work we review a business' major systems and procedures. This gives us insights into the operations of the business which we are able to communicate to management. In this way management is able to focus on improving areas of the business which have been identified as "at risk" during the audit

Directors are required by the Corporations Law 2001 to put in place and maintain systems which are appropriate to properly record the business' transactions and safeguard its assets. As internal auditors we act on behalf of management to review the effectiveness of, and compliance with, existing systems. We also recommend improvements and extensions to the business' systems. We can assist management with design and implementation of best practice system.

  • Statutory Audits (under Corporations Law 2001)
  • Travel Agents Audit (under TCF and IATA rules)
  • Internal Audits
  • Business Process Reviews
  • Business Process Re-engineering
  • Due Diligence
  • Special Investigations

Financial Planning Services
KBSG does not directly provide financial planning services. Where our clients have a need for financial planning advice we refer them to Rouleston Financial Services. KBSG and Rouleston Financial Services have a strategic alliance which includes a fee-sharing arrangement in respect of clients referred to them by KBSG. Details of this arrangement are advised to clients at the time of their referral to Rouleston Financial Services.