At Thiel Partners Accountants we offer a full range of taxation & business services. We have a well established taxation division with many years experience which means we can offer you the best advice based on our proven knowledge & expertise. Thiel Partners Accountants have a proactive approach which means we will always endeavor to find the best possible means to saving our clients tax.

Taxation can be a major cost to your business. We will work in partnership with you to minimise your tax and help you achieve your key objectives.

At Thiel Partners we strive to provide value added services to our clients to maximise a business’ potential. The following is a list of some of the key services in which we provide.

-       Preparation of Business Activity Statements

-       Preparation of Installment & PAYG Activity Statements

-       Fringe Benefits Obligations and help

-       Advice in relation to the correct structuring of your business to be most tax effective

-       Asset Protection

-       Negative Gearing Advice

-       Management of any ATO disputes and advice

-       Budgeting and Cashflow Analysis

-       Cash Flow forecasting

-       Succession Planning

-       Business and Company Valuations

-       Business Sales and Acquisitions – Advice and Due Diligence

-       Company Secretarial Services

-       Analysis of Key Performance Indicators

-       Benchmarking against industry Standards

-       Management Consulting

-       Finance Broking and Analysis of Financial Alternatives

-       Business Financial Heath Check

2.1 Family Business Services

In addition to the problems that every business faces, family businesses have unique concerns, some of which can threaten the business existence as well as the harmony of the family. Owner-managers frequently deal with the following questions:

•        How can we avoid conflict among family members?
•        How can we affect management succession to the next generation?
•        How can my estate be planned to protect the business, when some of my children are active in it, and some are not?
•        How should my family members be paid?
•        How do I attract my children to enter the business?
•        What if they do not perform?
•        How do I motivate employees who know that they will never own shares or be the boss?
•        What Must A Family Owned Business Do?

To achieve its full potential, the family-owned business must:

• Understand the peculiar challenges facing it as a family-owned business.
• Be able to diagnose the dynamics and special issues surrounding the founder, the family, and the firm.
• Identify the specific problems and issues confronting it.
• Resolve problems in a positive and constructive manner.
• Employ appropriate strategies and tactics to enhance the growth and development of the business, and the transfer of power and control within it.
• Develop and implement plans to promote future success.

How We Can Assist

The fact that a business is family owned can be its primary strength and its principal weakness at the same time. A family business can have very special problems and needs because of its specific nature and ownership structure.

Until recently, little attention has been paid to this situation. Fortunately, over the past decade, most notably within the past five years, this condition has begun to reverse. A number of professionals and organisations have started to research the issues confronting family-owned businesses to develop ways to help them.

Thiel Partners is one of these organisations. Family-owned businesses constitute a significant portion of our client base.

As a service to our clients and to promote the continued success of those family businesses that are so central to the structure and future of the Australian economy, we are developing various programs including planning guides and seminars. These programs facilitate greater insight into the issues and provide proven strategies to give families a better chance of dealing with those issues successfully.