Business Asset Protection

Building a business takes time, and over your journey you are exposed to all types of risk. Some of which you may not have thought of. No matter what form of business you are in, asset protection is a must. Asset protection is the process of safeguarding your personal assets from creditors and litigants. In the world we live in today, business is tough and it is hard to predict the future. By being better informed you can safeguard your assets and minimise your risk to the unforeseen. Sleep easy knowing that you are with the best!

At William Nguyen and Partners we have experience with a wide range of business structures and methods of Business Asset Protection, including but not limited to trust creation, restructuring assets and company structuring. Asset protection is not a short term strategy, and you want an Accounting and Tax specialist who is there for you and your business for the long term
Our specialists at William Nguyen and Partners take a holistic approach to finding what the best strategy is for you and your family. Having a clear plan in the early stage of your life will ensure that your super will be there when you need it!

How we can help:

Establish An Asset Protection Trust
Business Set Up and Taxation Structuring
Business Health Check
Ongoing Advice on Business Asset Protection

Business Start-up Advisory Services

A business start-up is not for the faint of heart. You need to be all in. There are so many things to think about, from finding the right advisory team to setting up the correct tax structure, sourcing funding or conducting due diligence on potential acquisitions. With careful planning it’s possible to reach your goals and scale your Start-Up!

If you need direction or structure, putting together a strong advisory team could be an option. William Nguyen and Partners have experience with working with Start-Ups in all stages of the business cycle. Our experienced accountants offer valuable advice on tax and financial planning as well leverage our network of Venture Capital firms, Seed Funds and Lenders. Execute with confidence and speak to our Business Start-Up advisory team today!

How we can help:

Business Set Up  and Tax Structuring
Business Plan & Cashflow Forecast For Investor
Ongoing Start Up Advice
Cloud Accounting System Set Up
Access to Government Start Up Grant & Funding

Cloud Accounting Solutions and Implementation

Change can be hard for any organisation, and technology adoption has its problems, no matter how efficient it is for the business as a whole. At William Nguyen and Partners we embrace innovation and technology as an opportunity for every firm, or individual. We have extensive experience with install, implementation and providing training for a number of Cloud Accounting packages. Success of a Cloud Accounting system implementation only comes when it has been fully integrated into the organisation. Don’t leave it to chance! Talk to our Consultants today!

We have experience with implementing Cloud Accounting across many different industries including:

  • Medical Centres
  • Dentists
  • NDIS providers
  • Pharmacists
  • Finance firms
  • Legal Firms

Software we have used in the past include:

  • Xero
  • MYOB
  • Quickbooks
  • DEAR Inventory Management

Management and Financial Accounting Advice

It could be tax advice, it could be planning for growth, or finding the right financing whatever the management and financial accounting advice you need, we are here to help. We are here to listen to you and understand your business goals. Our job is to get you there! Economic and tax legislation is changing more frequently, and what was once simple now becomes complex.

As a business owner your time is valuable, and we understand that it makes sense to leave management and financial accounting to the experts! It’s true what they say, time is money and at William Nguyen and Partners we can save you both!

Intellectual Property and Trademark Application

How do you protect your idea, invention or brand? Or How can you protect yourself from being sued? When you have a great idea you need to be able to protect it and yourself. This is where Intellectual Property and Trademark advisory can assist. Intellectual Property, as the name suggests can be just that: an asset that is identified, transferable and has a life span.

For businesses, intellectual property is a key asset that must be properly accounted for and protected. Intellectual Property is often the most valuable thing that a business has, so it's no surprise that they are subject to intense protection. Coca Cola, Apple, Amazon or Microsoft all have Intellectual Property and Trademark protections in place and you should too!

How we can help:

Patent registration and protection
Trademark protection
Design protection
Copyright
Advisory and Planning

Business Advisory FAQ

How do I know if my assets are protected or not?

In business things can go bad, fast. If you set up your business structure correctly you can weather the storm and protect your assets from future financial setbacks, family disagreements and/or business failure. Your consultation will begin with a health check of your business and we can help you create a strategy to protect your portfolio. Talk to one of our consultants today!

What’s the process for selling my business?

When it’s time to sell your business, you want to achieve the best price, while minimising your tax. We understand the selling process and what prospective buyers/financers need in order to make a bid. We can provide the correct and relevant profit and loss statements and balance sheets required for selling your business.

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