Doco Pty Ltd  - Doco Advisory
CALL US NOW ON: 03 9682 5770
 
 
Private Business Services
 
Experience, knowledge, tenacity and focussed on achieving client objectives.
 
We're about Solutions for Business.
 
Our specialist skill sets gained over many years of experience dealing with tax accounting aspects of clients in many industries and our network of specialised professionals means you can access a diverse range of commercial knowledge when required.  Combining expert knowledge with our wide range of services ensures all your business needs are met in the most cost effective manner.  There is no double handling by junior inexperienced staff ensuring your fees are kept to a minimum. Our services include:-
 
  • business structuring
  • corporate secretarial
  • debt and equity financing matters
  • estate planning
  • federal and state tax compliance
  • tax consulting
  • preparation of financial and management accounting reports 
  • succession planning
 
Search, selection & recruitment
 
A good finacial strategy and business plan is meaningless without the right people.
Recruiting quality accounting staff can often be the key to your business success. People are frequently the most underestimated asset of most organisations today.  That is why at Doco Pty Ltd  we place great importance on ensuring we recruit the right accounting people for you.
We can help you realise the full potential of your business by recruiting and training the right accounting staff. 
 
Outsourcing 
 
Doco Pty Ltd Outsourcing works with clients to improve the efficiency of their business, increase profits, manage information and minimise risk.
 
From maintaining your general ledgers and payroll to full management accounting and reporting, we offer a complete back office service from the provision of software and hardware to using our staff.
 
Why businesses choose to outsource
Most businesses spend a lot of time and money on running internal finance and accounting departments, which takes them away from what they do best, which is runing their business.
The reasons clients may choose to outsource varies but typically includes wanting to:
 
  • Focus on their core business and increase revenues
  • Reduce costs of routine clerical and accounting jobs
  • Be less exposed and reliant on key staff members 
  • Reduce investment in technology and systems
  • Better understand costs, revenue and opportunities
  • Make informed decisions through timely and reliable management information
  • Receive independent, objective and commercial advice
  • Ensure they comply with statutory obligations
 
We are able to work with and tailor an outsourcing solution with a wide variety of taxpayers including listed companies, private and family businesses, professional partnerships, government agencies, not for profit organisations, trustees and individuals regarding their outsourcing needs.
 
Doco Pty Ltd's Outsourcing services include:
 
  • Management accounting and reporting
  • Statutory reporting and  tax compliance
  • general bookkeeping
  • Debtors
  • Creditors
  • Payroll
  • Budgets and cash flows
  • Cash flow control and regular reporting (daily if necessary)
  • Assessment of your current systems
  
 
 
Tax Alert
 
Cash economy and businesses
 
In July and August 2009, the Tax Office sent out letters to businesses in the retail, construction and consumer services industries, which have high volumes of cash transactions.
 
The Tax Office will send follow-up letters in September and October 2009 to selected businesses that it has identified as likely to present risks in connection with cash economy participation.
 
The Tax Office says it is likely that some of the taxpayers identified under the program will be subject to further review
 
TIP: Taxpayers should contact us to discuss any potential compliance issues that the Tax Office has identified in the letters.
 
Business Establishment Costs
 
Generally, a taxpayer is entitled to a deduction for capital expenditure incurred for a business proposed to be carried on.The deductible of the expenditure depends on the facts of each case and requires the taxpayer to reasonably conclude that the proposed business would commence within a reasonable time
 
Culture Is Important!
There are many attributes to creating a successful long-term business. No one attribute makes a successful business, but a combination of attributes will significantly contribute to long-term successful business performance.
 
These include listening to team members, customers and suppliers; learning from their comments and making changes if necessary. Virtually every week something is changing in business. To be successful, you need to keep on top of the ever-changing business climate.
 
Business operators need to encourage loyalty from their team members, suppliers and customers. These people will also expect loyalty from management, directors and owners.
 
The use of marketing tools such as;
  • databases on customers,
  • surveying customers on what they like and don't like about your business,
  • keeping webpages up to date, and
  • testing the market for reaction to new products and services,
  • all help management get important feedback on their products/services?
Most successful businesses create strategic alliances with other people in their industry, either suppliers, similar businesses in other geographical areas that are not direct competitors, or allied organisations. Strategic alliances can significantly contribute to your knowledge base on what is happening in business.
 
But all these attributes fade into insignificance if there is no culture within the organisation. Culture affects every aspect of the business, shareholders, directors, management, team members, customers and suppliers. Culture is the hidden success, the icing on the cake, the attitude of team members of "going that extra distance" to satisfy customers' requirements. An attitude of a supplier making an extra late delivery to you when you need those supplies. The attitude of customers who might be prepared to overlook a late delivery because of their overall satisfaction of dealing with your business.
 
Culture relates to the image that your business creates in the market place:-
  • How people communicate;
  • Is the telephone answered in a professional business manner?
  • Are telephone calls replied to?
  • Are emails responded to?
  • Are products delivered on time and at the required workmanship?
  • Is quality a major issue in the business?
  • Are staff pleasant and presentable?
Culture then is one of the major attributes of a business that will help hold the business together and will give the business that extra strength and perseverance to battle through and survive harsher economic circumstances.