Small Business Accountant Sunshine Coast

Specialist small business accounting advice

Bottom Line Control offers complete small business accounting services across the Sunshine Coast. We’ve helped hundreds of businesses to get started, grow and evolve, as well as assisting with the smooth transition to retirement or preparing to sell. Our team of experienced small business accountants are on hand to provide all the accounting and business services you need.

Speak to the small business tax specialists

Find out how our team can help your business manage tax better.

Schedule an Appointment today

What is a small business?

There is no one answer to this question. Depending on what authority you are dealing with there are several different descriptions and key indicators for small businesses in Australia.

ASIC describes a small business or small proprietary company as a business that:

  • has a yearly revenue of less than $25,000,000
  • has fewer than 50 employees at the end of the financial year
  • has consolidated gross assets of less than $12.5 million at the end of the financial year.

From a taxation perspective the ATO state that a small business is one which turns over less than $2 million (excluding GST) in revenue per annum.

Fair Work Australia characterizes a small business as one that has fewer than 15 employees and the Bureau of Statistics (ABS) use the definer of fewer than 20 employees.

Starting a small business

We can provide specialist business structure advice to ensure you get the right framework for your businesses needs. Our accountants will also guide you through everything from setting up a business bank account to preparing for your first tax return.

You may not think that setting up your accounting systems are a priority when you are first starting out but putting efficient and effective financial practices into place now will benefit your business enormously. Choosing the right accounting software, such as Xero, can save you time and money in the long term.

Helpful resources for starting a business:

Need help to boost your small business?

Some would say getting up and running is the easy bit, keeping your business going and prospering month after month is the real challenge. This is where our team can really help we can provide ongoing advice, tax planning, accounting services and more to ensure you’re making the most of your small business. Malcolm and the team have years of experience advising business owners on the best way to maximise returns while minimising expenses now and in the future.

We can help with managing cash flow, debt, and building financial systems to keep your business on the right track to success.

Selling or restructuring your business

Has your business grown or evolved over the years? Often business owners find that the structure that they started out with doesn’t suit a few years down the track. Our accountants can provide expert advice on the ideal new business structure to best cope with changes, such as an increase in staff, higher turnover, or expansion.

Selling your business? Bottom Line Control can guide you through the process of document preparation, valuing your business, deciphering your financial records, and minimising tax.

Your local business accounting specialists

Bottom Line Control Sunshine Coast accountants have been offering sound tax and financial advice to businesses just like yours for more than 15 years. For the very best accounting services on the Sunshine Coast contact our team on 5471 7077 or complete our online enquiry today.

Helpful resources for small businesses:

asic-small-business-booklet-june17.pdf

Accountant & Bookkeeper Reviews

Bottom Line Control Reviews

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 Reviews

Bottom line Control, headed by Malcolm Chilman, have been by tax agent/accountant/book keeper for more than 10 years now, and I have nothing but praise for the efficient and cost effective way they go about their work. I have recently given them my SMSF as well and am impressed by the meticulous way he goes about the process of staying within the lines of the over-complex Superannuation law. Whether it is simple BAS bookkeeping or complex questions of tax law, Malcolm is always there to help. And if he does not know some intimate detail of our almost incomprehensible tax process, he knows where to find the answer. Every business has the occasional need for a quick answer, so one of the characteristics that I appreciate here, is Malcolm's ready availability, by phone and email.

PA Apartments - Business Accountant Client

Byron Scott

PA Apartments

Business Owner & Investor

40 Wholseley St, Woolloongabba, Qld 4102

Phone: (07) 3891 1742 | Email: info@PAapartments.com.au

Thank you for your support, and assistance over the past several years. I personally feel that from our cooperative services that Ram Automotive has been able to grow toward the sustainable company of which is today. Bottom Line Control has given myself a great understanding of the companies finances, and also through ongoing fiscal performance meetings. Now knowing what Ram Automotive can expect for the future. I look forward to an ongoing relationship with Malcolm and Bottom Line control, to secure our future within our community.

PA Apartments - Business Accountant Client

Matthew Katterns

Ram Automotive

Proprietor of Ram Automotive Coolum Beach

We changed all of our financials over to Bottom Line a few years ago and have been quite impressed with the service and advice we have received. Nothing is too much to ask of them. Thank you to Malcolm and staff for being there for us.

PA Apartments - Business Accountant Client

Wayne & Penny Rex

Rex and Turtle

Business owners and Property Developers

We switched to Bottom Line Control after realizing that our previous accountant was giving us incorrect advice and charging a premium for it. We have now been using Bottom Line Control for several years and have found Malcolm to be thorough and reasonably priced. He always finds ways to save money on our taxes. Malcolm and his staff are highly responsive and very easy to work with. We highly recommend.

PA Apartments - Business Accountant Client

Alex & Rebecca Watson

Equathon Horse Riding

PO Box 301 Noosa Heads, QLD 4567

Phone: (07) 5474 2665

Thanks Malcolm for saving me the stress of sorting through all the issues of self-employment, and the many confusing deductions and tax items associated with that. Although I was extremely late in lodging my tax return, it was not a problem for you, and you managed to get me a healthy refund when I was sure I was going to have a bill! I will certainly be using your services in the future and have already been recommending you to others.

PA Apartments - Business Accountant Client

Kim Anderson

The Anderson Outloook

Freelance Journalis