We are a long-time client of Nexis and during 2010 we spoke to about what we thought was a debtors issue in our business. Our cash flow was not where it should have been given the amount of work that we had on.
When we were looking to purchase the family business, we were unsure of the structure we should have. We met with Michael and he worked with us to figure out our business goals and financial needs and he also examined the history of the business.
Cash flow management is crucial for our business and being able to look at what our expenses are each month allows us to plan future expenditure with confidence and also know what projected profit will be.
Indigenous Business Australia (IBA) is a statutory authority empowered to assist Australia's Indigenous people to acquire and grow their own business. To do so, IBA relies on the expertise and guidance from firms such as Nexis to provide accurate business valuations.
Having three partners of different ages, and life stages, causes difficulty but we found the whole Business Life Plan experience immensely helpful as it allowed us to understand what everyone wants out of the business and then create a plan, agreed by all, for where we want the business to be.
The team at Nexis are the true experts in tax. For over 15 years, Domenic and his team have prepared and lodged all of our financial accounts and income tax returns. They have ensured that I am kept compliant with all the accounting, GST and FBT regulations and they are proactive in keeping me up to date with my payments to the ATO.