Welcome To Traction Financial
Traction Financial delivers tailored accounting, tax and advisory services to small-medium business owners and individuals, with your personal & commercial aspirations being at the heart of everything we do.
We pride ourselves on the relationships and trust that we build through ongoing communication and advice, not just at tax time. Our clients have access to a responsive and proactive adviser throughout the year, to provide guidance when it is needed most.
Leveraging the latest in technology, allowing for the automation of menial data processing, we save our clients time and resources to shift focus to the more important aspects of business growth.
As qualified Chartered Accountants & Chartered Tax Advisers, we provide high quality service and information to enable educated decisions within the businesses we choose to partner with, whilst achieving optimal tax outcomes.
Our New Clients In Business Were Looking For Clarity On These Questions
How do I optimise my position when starting, purchasing or selling a business?
Has my business structure been set up strategically and does it remain relevant?
Am I legally minimising the amount of tax I am paying?
Are my family’s assets protected from unforeseen events?
Do I know how my business is currently performing so I can make sound decisions about its future?
Do I completely understand my financial position through all of the technical jargon?
What are my future cash flow requirements and expectations?
How can I improve my profits and build value within my business?
Am I leveraging the latest technologies to save time and money on administration?
Who can I trust to provide guidance at any time of the year, at any stage of my business’ lifecycle?
Do You Have Control Of Your Business? The Tools You May Be Missing Out On
New technologies and tools have emerged and transformed just about every aspect of business, including marketing, management, web design and HR. Your accounting function is no exception, as advancements in cloud technologies and integrations with other software has meant data entry can largely be automated, with the results available for interpretation in real-time and from any device.
These technologies should be implemented and embraced by your accountant to ensure you, as a small business owner, benefit from additional insights and efficiencies not previously available. The newly available insight can assist in diagnosing areas of concern before they become an issue, or in identifying potential opportunities going forward. With properly considered commentary, your adviser should be competent in discussions involving “what’s next?” for your business, rather than talking to a retrospective “scorecard” by way of prior year financial statements.
If you have a good adviser who is utilising these new tools correctly, they should be working alongside your business on a regular basis and have a considerable understanding of your business as it currently stands.
If they’re not progressive, it’s time to upgrade!
Business Advisory Services
For those who know where they want to get to, but not sure how to get there. From start-ups to highly profitable businesses, we have advised clients just like you in navigating through the various stages of progression. We develop forecasts, targets and team KPIs which are frequently revisited to hold your team accountable to achieving business, financial and personal goals.
Cloud Integration & Automation
For people who find administration time is taking the focus away from working on their business. You may not be aware of new technologies available to automate processes from debtor recovery, to point of sale records and timesheet records for your staff, amongst many others. We review your systems to ensure you remain technologically up-to-date and efficient to stay ahead of your competitors.
Bookkeeping & Reporting Services
For those who don’t have up-to-date reliable records to base important decisions on. We don’t just maintain records and free up your time, we provide valuable insight in to the numbers to identify tax savings throughout the year, as well as opportunities and concerns within your business. You’ll receive up-to-date and timely reports so you have control of your operations.
Taxation & Compliance Services
For businesses and individuals who are looking to minimise tax obligations utilising a qualified Chartered Tax Adviser. We implement proactive strategies and the latest concessions available to ensure our clients receive the best tax result. We take away the burden of liaising with the ATO and other regulatory bodies on behalf of our clients.