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Business Structuring

Business Structuring

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Business Structure Accounting For Your Gold Coast business

Do you need help structuring your Gold Coast business? We create and provide you with a plan to set up a solid foundation for minimising tax, protecting assets and facilitating growth.
Improve efficiency and scale your business with the right apps like Quickbooks and Xero Bookkeeper.

Our team are experienced with a range of different accounting apps, making us the go-to Quickbooks accountant and Xero bookkeepers on the Gold Coast.

We have found that over 60% of businesses have been paying more than to the ATO than they should be. More often than not, this is due to not starting the business with the right foundations. These include:

  • Setting up the right business structure;
  • Understanding your entities;
  • Understanding how to set up correct bookkeeping and record-keeping processes.
  • Having an ongoing relationship with their accountant to plan.

If you have an existing business we can provide you a second opinion about your prior year tax returns. Small businesses have the opportunity to correct any mistakes within the last 2 years.

Business Structure Advice

​If you’re serious about starting a business, then you must first take into consideration what type of entity (sole trader, partnership, company or trust) you will be operating in. The right advice is crucial to ensure your business is set up as best as possible for success.

Unfortunately, many entrepreneurs decide to skip the research and planning around this stage as they often believe that they can either do it themselves or feel it’s too expensive.

9 times out of 10 we find that those that “self-diagnose” often end up with issues with tax, asset protection and growing their business. In the long run, costing them thousands of dollars more.

Get it right from the start with help from our Gold Coast Accountants and Business Advisors

Goals, Planning, and Projections

Many startups dive headfirst into business without planning or creating a game plan,

They end up not knowing their target audience, not understanding their product’s unique value proposition, ​wondering how much they will need to start the business, and worst of all, not knowing how much profit the business will make!

We recommend that our clients prepare a 12-month profit and cash flow projection to allow them to predict the success of the business before starting.

Without this, you’re basically flying blind, hoping and wishing that you end up in the right place.

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Get in touch with our team!

Frequently asked questions

Each year, New Wave hosts a Charity Golf Day gathering Gold Coast business owners and professionals together to raise money and support local causes – see video of our latest event below. Our next event is currently scheduled for 2023. If you are interested in attending or want to get involved with sponsorships, get in touch with our office 07 5504 1999.

New Wave Accountants and Business Advisory is a modern accounting firm providing tailored business solutions to businesses on the Gold Coast and across Australia. We assist clients with: Accounting, Business Review, Cloud Software, Business Setup, Tax, BAS Compliance, Business Advisory & Growth, Management Accounting and Virtual CFO services. At New Wave, our mission is to empower, excite and build confidence in small businesses by providing clarity in their figures.

We do not currently offer tax returns for individuals only as we primarily support small to medium sized businesses. However, an individual’s tax return will be prepared by us if they have a business structure.

As Business Advisors, we don’t just focus on tax, but look at ‘out of the box’ strategies to start, grow, and scale our client’s businesses. We provide world class communication both internally and towards our clients.

  • We have saved more than $3.5 million in tax for our clients over the last 12 months
  • We are not your Traditional Dinosaur Accountant
  • We don’t charge by the hour
  • We specialise in Small Business

We are RESULTS DRIVEN Accountants. We are passionate about small businesses, and we truly believe we are making a difference through not only changing our clients lives but also the lives of our team members. We offer more than just tax, but look further into how to improve profits, save tax and maximise cashflow

Every business is different and therefore has unique requirements. You can start by booking a free initial consultation with one of our Accountants / Business Advisors to help us understand your requirements and come up with a plan to assist you and your business needs. To book a free consultation, please contact our reception on 07 5504 1999.

We understand small businesses and have worked with over 800+ businesses across various industries. We also provide tailored services for specific niches such as Ecommerce, Construction, Medical and Allied Health.

We offer a $150+GST for 30-minute initial consultation with one of our Accountants / Business Advisors. To book, please contact our reception on 07 5504 1999.

Our Location

08:00am - 05:00pm (Weekdays)

Have an Enquiry?

Please fill out the form and one of our team will be in touch with you as soon as possible.
Newwave Accounting

Download your FREE copy of my book

101 Strategies for Business Owners To Save Tax

Save Tax helps business owners, entrepreneurs and commercial adventurers:
  • Pay only the tax that they need to
  • Find the right people to help you save tax
  • Simplify and demystify tax obligations

At the end of the day, and by the end of this book, you will have an understanding of how and why you should invest in minimising your tax and making the most of your business.

Where should I send a free copy of my book?

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