Small Businesses - Operating Benefits
Cofficient offers Small Businesses:
- A compliant legal and accounting structure, that provides simple and effective financial and lifestyle management,
- The opportunity to focus on growing business and professional skills while leaving business administration to dedicated professionals.
More specifically, these benefits include:
Effective Financial Management
Cofficient acts as your "Online Chief Financial Officer", providing:
- 24x7 access to your bank account and transaction history,
- BAS returns completed for you,
- ASIC returns completed for you (where appropriate),
- Company and personal tax returns completed for you,
- Assistance managing cash flow to maximise your cash at hand,
- All invoicing completed for you,
- Collection and receipt of funds on your behalf,
- Provides income flexibility and legitimate wealth generation,
- All business costs are tax deductible,
- Reimbursement of tax allowable expenses,
- Capitalisation of equipment purchases,
- Improves superannuation & insurance benefits,
- Wholesale superannuation and strategic investment options,
- Provides guidance as to the most suitable tax options available,
Improves tax savings,
- Payment in most countries and/or currencies,
Efficient Operating Processes
- 24x7 access to your transaction status and history via web site,
- Receive email confirmation of all transactions initiated and completed,
- All transactions are in plain English,
- A working understanding of Accounting is not required,
- 24x7 dedicated Account Manager via web site, and your choice of
- Email,
- Telephone,
- Fax, or
- Mail (pre-paid addressed envelopes provided)
- Minimises paperwork and administration,
- Minimises risk and statutory obligations,
Time Savings & Lifestyle Benefits
- Frees up valuable time previously spent on Compliance and Administration,
- Allows clients to focus on their areas of expertise and "do what they do best",
- Provides the time to develop new skills, attract new clients and grow the business,
- Provides the time to pursue new activities and interests.
Choose the Option that best suits you !
Cofficient has been designed your needs in mind. Depending on your situation, a number of operating structure options are available. Cofficient will help you to either:
- Work within your existing corporate structure,
- Create your new corporate structure, or
- Adopt a management company structure; operating as a division of Cofficient Management Limited.
If you have an existing corporate structure, or wish to create a new corporate structure, matching Cofficient to your business needs is easy. You can become a Cofficient Associate.
If you choose not to operate your own corporate structure, you can operate as a division of Cofficient Management Limited. You will become a Cofficient Member, and in addition to the benefits received by Associates, you will benefit from the following:
- A legal company structure for contractors and Small Business operators
- No individual Directors Liabilities
- No individual Statutory Returns and/or obligations
- No individual BAS requirements
- Workers Compensation and Public Liability Insurance taken care of
- No start up costs.
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Contents
Operating Benefits
- Effective Financial Management
- Efficient Operating Processes
- Time Savings & Lifestyle Benefits
- Choose the option that best suits you!
Financial Benefits
- Operating Structure
- Opportunity Cost
Calculate Your Benefits
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