Startup Finance and Accounting: Tips for Founders

As a startup founder, establishing solid financial and accounting practices early on is crucial to reducing risk and driving growth. It helps you manage cash flow, avoid tax compliance penalties, accurately forecast, and attract investors.

To help you build a strong financial foundation, LegalVision is partnering with Retinue Accounting to host an in-person event on ‘Startup Finance and Accounting: Tips for Founders.’

Join us on Wednesday, 13 November, at 6 pm for an engaging discussion between our expert hosts, Helen Young (LegalVision) and David Rosenthal (Retinue). They will explore key questions, including:

Establishing Your Business:

• Discover the best business structure for both current and future benefits.
• Learn strategies to manage potential risks effectively.
• Understand the importance of considering the 3Ds—Death, Divorce, and Disaster—early on.

Your Financial Needs:

• Ensure your budget and financial forecasts are realistic and sustainable as your business grows.
• Understand key cashflow considerations, including ATO requirements, GST, and input tax credits.

Your Accounting Obligations:

• Stay informed about your ATO obligations, including BAS reporting.
• Learn about the risks associated with these obligations, such as Director Penalty Notices.
• Clarify the differences in tax and accounting treatment of employee and contractor wages.

Following the presentation, there will be a live Q&A and networking opportunities over light refreshments. You are also eligible to receive a free legal consultation.

About Helen Young

Helen is a Practice Leader with expertise in tax and corporate business restructuring and transactions. Previously, she worked in two tax specialist firms and is qualified in Australia and New Zealand. Helen is relationship-orientated and provides pragmatic advice to her clients.

About David Rosenthal

David is a Practice Lead at Retinue. David is a Chartered Accountant passionate about small businesses. For David, Accounting is more than just numbers, it helps you make the right choices for you, your business and your family.

Register for free today.

Information Collection

By registering for this event, you agree to receive marketing emails from us to help you grow your business. You can unsubscribe at any time. There will also be a photographer on-site, and photos may be used for marketing purposes. Please let us know if you do not wish to have your photo taken.

About LegalVision

LegalVision’s unlimited legal services membership provides businesses with a faster, better quality and more cost-effective client experience. Visit legalvision.com.au or call 1300 544 755 to contact our team.

Host or Publisher LegalVision