Business Advisory

Business Advisory

At Byfields, compliance is just the beginning

If financial statements and income tax return preparation is all you require, we can deliver. However, we are able to assist business owners with all aspects of business ownership, many of them non-financial. We have a network of professionals who can also help you in a wide range of areas.

Types of Business Advisory Services

All successful business owners should consider the following aspects. We work with you to help deliver on these important aspects and help meet your goals.



Financial & Taxation Business Performance
  • End of year Profitability Analysis
  • 5 Year Performance Review
  • Tax Forecasting & Planning
  • Income & Expenditure Cashflow Budgeting & Monitoring
  • KPI Tracking & Monitoring
  • Business Start Ups
  • Business Restructuring
  • Structure Diagrams & Review
  • Benchmarking to Industry
  • Business Valuation
  • Share Equity Valuation
  • Due Diligence
  • Statement of Personal Financial Position
  • Three-Way Budgeting
  • Board of Advice Meetings
Superannuation & Financial Planning

Byfields can work closely with your current financial adviser or our Byfields Wealth Management team to assist you with various aspects, such as:

  • Current Superannuation
  • Financial Planner Involvement
  • Self-Managed Super Funds
  • Utilising Super Funds for Tax saving
  • Retirement goals
  • Excess Cash
  • Financing
Succession Planning
  • Succession to Family Members
  • Key Staff Succession
  • Business Succession Deed
  • Shareholders / Unitholders / Partnership Agreement
  • Due Diligence
  • Business and Share Equity
  • Valuation
  • Acquisition / Merger / Takeover

We can lead you in the right direction with the following:

  • Lease Agreements
  • Shareholder Agreements
  • Business Succession Agreements
  • Co-Ownership Deeds
  • Franchise Agreements
  • Personal Property Securities Register
  • Trust Deed Reviews
Risk & Insurance

All business owners need to consider the management of risk, such as considering:

  • Personal Insurances
  • Business Insurances
  • Insurance for Business Succession
  • De-risking the Business (owner dependence)
  • Insurance Broker
Estate Planning

We have close relationships with various lawyers who can help you with all aspects of estate planning. We can work with you and the lawyer to assist in the preparation of:

  • Personal Wills
  • Enduring Power of Attorney
  • Binding Death Benefit Nominations
  • Memorandum of Wishes
  • Information That Matters Plan
  • Crisis Management Plan
Sales & Marketing

How do you generate your revenue? You should consider:

  • Marketing Plans
  • Branding (including Logos)
  • Digital
  • Events
  • Communications

There are a myriad of considerations when you employ staff. Some being:

  • Staff Policies – leave etc.
  • Employment Agreements
  • Job Descriptions Inductions
  • Performance / Salary Reviews
  • HR Health Check
  • Occupational Health & Safety
  • Employee Share Plans
Systems Process & IT
  • Advice Committee & Accountability
  • Manuals
  • Corporate Governance
  • IT Asset Management
  • IT Security & Data Back-ups
  • Internet/Social Media Policies
  • Antivirus Software
  • IT Consulting