Acting in your best interest
Factor1 is a fresh and progressive accounting firm delivering top class financial services with superior technical know-how and client engagement.
Our accounting practitioners and business advisers are experienced, reliable and you can rely on us to always take care of you and your best interests. We are driven by a core set of values that has been key to our success which continue to be the backbone of everything we do. With Factor1 by your side, you will have the edge to strive forward and progress in a dynamic commercial environment.
Services
Management Consulting
Taxation Consulting
Corporate Secretarial for companies
Investment & Financial Planning
Business Valuations
Superannuation & SMSF
Estate Planning and Business Succession
Franchising
Insurance and Risk Services
Taxation Compliance
Working with Factor1
Simplicity
Tax & compliance can be trying & time consuming. Let us provide you with hassle-free, timely and cost-effective essential compliance services. You know your business inside out so why not let us take care of that part of your business we know best.
Focussed
We focus on you and your business. We recognise that your business is unique and your requirements are too, and develop solutions that work for you specifically, tailoring solutions that will work best for both you and your business.
Technology
Today’s world revolves around technology. Our hands-on experience and expert knowledge of your industry has helped us develop the right software to help your business thrive.
Experience
We have more than 21 years’ experience in serving businesses like yours. You can focus on your core business while we handle the rest.
SERVICING A RANGE OF INDUSTRIES
Industries
AUTOMOTIVE MECHANICS
BUILDERS
CAFES AND COFFEE SHOPS
CARPENTERS
MANUFACTURERS
IT SPECILAISTS & CONSULTANTS
FRANCHISES
ELECTRICIANS
HOTELS AND BARS
MEDICAL
REAL ESTATE
RETAILERS
TRADES PEOPLE
TRAVEL AGENTS
WEDDING INDUSTRY
END OF YEAR TAX RETURNS
Saving money at the end of the tax year
As the Chancellor tries to abbreviate documenting due dates, the most performance oriented organization will have the capacity to provide relevant documentation to the customers. We trust that our framework and knowledge help us to give you the best administration.
Our target is to:
Help you with tax filing, return on income, and calculation from profit and loss account to balance sheet and other tax related reports
Systematic data storage and on time procedures
Assist you in charges or installments with the given working TAT
ll the process is carried on in touch with the customer for better work efficiency
STP COMPLIANT WORK
Hassle free and affordable
Since 1st July 2019, businesses are required to report employees’ payroll information, such as salaries and wages, pay as you go (PAYG) withholding and super information to ATO before each pay. That’s extra work for administrators and could be an annoyance if overlooked. This is where we come in. Let us help your business take the hassle out of Single Touch Payroll (STP) work so that you can focus on your bottom line.
MANAGEMENT CONSULTING
Progressing your business
Utilizing our experience and some Key Execution Pointers we measure and screen imperative parts of your business.
Regardless of the span of your business, we can execute administration bookkeeping systems to guarantee a stream of customary, important money related reports. The planning of spending plans, figures and capital projections guarantees your business techniques stay on track. Once finished they empower appraisal of current execution against your administration arranges. The outcomes can then be utilized to settle on choices on advertising, estimating, authoritative structure, overheads, and capital speculation.
RANCHISING
Progressing your business
Franchising Establishments are enormous business in Australia turning over $70 billion a year. When you purchase an establishment you are fundamentally purchasing another person business or brand, alongside every one of the frameworks, procedures and promoting that accompanies it. You may think it resemble ‘purchasing a business in a case’ however it isn’t so much that straightforward in light of the fact that there are strings and lawful formality appended.
ESTATE PLANNING AND BUSINESS SUCCESSION
Taking care of your assets
Estate Planning is characterized as the way toward foreseeing and organizing the savings of a man. Ordinarily, it includes attempting to remove insecurities by diminishing any overhead charges. But the truth is, everyone has their niche domains and they must stick to their expertise. If your domain is ensuring your success, then Factor 1 will look after the rest. You need to look into home, cars, venture properties, ledgers, offers, speculations, extra security arrangement, furniture, and individual belongings. Regardless of how enormous or how little, everybody has a bequest and you must take care of it, for later.
SUPERANNUATION INCLUDING SMSF
Looking after your retirement plans
A few people want to look after their retirement plans on their own which could mean that you must be ready to invest your precious time and energy in the process. Self-Managed Superannuation Funds (SMSF) can be appropriate for individuals with a considerable measure of abilities in budgetary and legal matters. Irrespective, you must know what you are getting into because at the end of the day, you will be answerable.
USINESS VALUATIONS
Advise on business purchase and sale
When you’re researching purchasing a business it’s imperative to do a point by point survey of the business’ operations, funds, notoriety and industry as a component of what is known as the ‘due perseverance’ process.
Research attempted by Griffith College’s Asia-Pacific Community for Franchising Greatness incorporated an overview of a little more than 600 patterns and previous franchisees and autonomous entrepreneurs; the discoveries were very amazing. The greater part of new autonomous entrepreneurs and franchisees depend on their “gut feel” when setting up or purchasing a business. Unbelievably, almost all of these business administrators are not acquainted with the expression “due constancy”.
INVESTMENT & FINANCIAL PLANNING
Dedication to your monetary security
As an entrepreneur, we trust you need to develop your business as well as need to develop your riches and ensure your advantages. Money related arranging is vital to the riches creation process and our key partnership with a main budgetary arranging bunch implies we can benefit your requirements.
CORPORATE SECRETARIAL FOR COMPANIES
Progressing your business
It is a myth that a corporate secretarial is someone who needs to sit on a desk and dial numbers, all day long. But in reality, a secretarial role is much more diverse and can be really spontaneous and fun. If you can find someone who is ready to take lead in different situations, get your work done, and help you lighten your chores; then you have found your person. The aptest person for a corporate secretarial will be someone who knows the tips and tricks to handle corporate bookkeeping, which means that they do not just see the company records, but also understand them.
TAXATION CONSULTING
An individual approach
Tax assessment law in Australia can be extremely confusing and our GST framework places tremendous weight on consistency and due dates. To keep up with the most recent authoritative improvements our expert staff embraces broad expert techniques. They guarantee that you get convenient and precise bookkeeping and tax assessment guidance, at all points. The main goal of our Taxation Consulting is to give successful tax saving advice and minimizing expense methodologies. Factor1 offers an individual approach and can give master counselling guidance along with meeting your necessities.
TAXATION CONSULTING
An individual approach
Tax assessment law in Australia can be extremely confusing and our GST framework places tremendous weight on consistency and due dates. To keep up with the most recent authoritative improvements our expert staff embraces broad expert techniques. They guarantee that you get convenient and precise bookkeeping and tax assessment guidance, at all points. The main goal of our Taxation Consulting is to give successful tax saving advice and minimizing expense methodologies. Factor1 offers an individual approach and can give master counselling guidance along with meeting your necessities.