The value of a CFO to a start up
“8 out of 10 start ups fail in the first 3 years.”
While starting a new company is exciting, it is often stressful. It’s essential to assemble a team of seasoned advisors, including accountants, who can help you make important financial decisions.
MYM Accounting & Business Consultancy can help you create an Initial business plan, cash flow projections, break-even analysis, and build a future forecast for your business.
We help our start up clients determine the critical factors that affect their profitability and ability to survive.
Accounting and finance challenges for start ups
How we can help:
- Business Registration (ABN, TFN)
- GST Registration
- Helping you to decide between cash accounting versus accrual accounting
- Implementing a robust accounting system
- Key business insurances
- Opening your business bank accounts
- Implementing accounting procedures and internal controls
- Business planning
- Outsource accounting & payroll
- Tax compliance
- Financial reports (Dashboard, KPI Reporting)
- Preparing cash flow statements
- Budget & forecasting reports
- Virtual CFO advisory
Our Business Partners
At MYM Accounting & Business Consultancy, we collaborate with IT, HR, legal and marketing professionals to create your “C” suite.
The intention is to have one firm where a group of professionals works together seamlessly, and without the client having to share their requirements several times and educate multiple people on their needs.
At MYM Accounting & Business Consultancy, we have different packages to suit your needs from basic transactional reporting to data for strategic business decisions. We can also create a custom package tailored to your specific business needs.
