specialised services for Management Rights operators

Buying Management Rights Accountants, Due Diligence, Verifications, Valuations, Office of Fair Trading Management Rights Audit Program, Experienced Bookkeepers, Training, Residential Industry Software, Tax Effective Sale Management Rights, Independent, Experienced servicing clients Brisbane, Noosa, Sunshine Coast.

We offer the best value management rights business and accounting services on the Sunshine Coast and in the Brisbane area. With years of experience and a full service offering you can have confidence in ascendia to provide you with the kind of service you need to run your business well.

Read on to access our special offers and useful information to consider in doing audits, due diligence, buying and selling a management rights business and what we can do to help you.

special offers

To take up the offers just call us on 1300 797 858 or email at info@ascendia.com.au

fixed price management rights audit for 2 years for new clients

large rebate on management rights verifications and due diligence services for new clients

Ring us today to see how we can help your management rights business. These special offers are available to new clients engaging ascendia as their accountant and tax consultant, who mention the offer and who reside in the Sunshine Coast and Brisbane areas.

Prices and conditions are outlined in the table below. keepng, Residential Industry Software, Tax Effective Sale Management Rights, Independent, perienced servicing clients Brisbane, Noosa, Sunshine Coast.

audit

The ascendia audit service Includes an annual and interim audit and audit compliance report. We also visit your premises three times. Offer only to Management Rights businesses in the Sunshine Coast and Brisbane area. Offer available until 30 June 2012 for new accounting and tax clients citing this offer. Fixed prices in the table below.

due diligence

We do due diligence investigation, analysis and reports on a competitive fee estimate basis (as a guide, cost can be approximately $1500 to $2500 depending on the size of the business/job). The full fee is payable on completion of the report.

However, for new clients citing this web offer you get a good discount. Just engage us to do your ongoing compliance accounting, tax work or management accounting work and we apply a credit to your account with us, which brings the cost of the due diligence work down to the amount indicated in the table below.

No. of Units under management	Audit	Due Diligence
Up to 10 Units	$880pa.	$1090
10 - 20 Units	$990pa	$1090
20 - 50 Units	$1090pa.	$1190
50 - 80 Units	$1290pa.	$1590
80 - 150 Units	$1490pa.	$1790
150 - 250 Units	$1690pa.	$1990

So for example, for a due diligence report and activity on a 50 unit complex that costs $2,000 - we will rebate that down to $1190 by giving you an Ascendia Client Voucher valued at $810 that you can use towards the next work we do for you (whether it is audit, compliance accounting and tax or management accounting).

We have many years experience on the Sunshine Coast and in Brisbane doing management rights audits, due diligence analysis and reports and accounting. We can offer this price because our audit work papers are well organised and our staff are very efficient.

Our due diligence and verification service includes analysis and investigation as required and we complete reports to CPA/CA standards. Full reports as required by major financial institutions are provided.

We are on the recommended panel for major bank lending to management rights purchasers.

purchasing a new Management Rights business - be careful

1. It is very important we communicate with you in the early stages of purchase.

Issues requiring immediate thought and resolution include:

Business structure and asset protection
Due diligence investigation and reporting
Provision of information required by your financier (including financial reporting for existing businesses as required).

We can assist you through the purchase research phase by visiting the complex, reviewing the vendors records and providing you with a detailed report of our findings. We have strong but arms' length relationships with many financiers in Brisbane and on the Sunshine Coast to ensure you get appropriate finance at the best rates.

As a business with a team of senior professionals with a depth of experience in a range of businesses and firms we are able to bring a level of business acumen and depth of support that is often hard to get from many of the small Coast based or sole operators. This business acumen is important when you are making deals with third parties like business brokers, finance brokers, bankers, lawyers etc, or making a major decision like buying, selling or refinancing. We help you get fair value from the deal.

2. Be wary of specialised valuation or due diligence contractors referred by business and finance brokers

Use a reputable and truly independent firm to provide due diligence and verification services. Use a firm that is not highly dependent on the referrer or one of the other parties in the deal (your finance or business broker or other party) for their business success.

Be wary of people calling themselves "specialised management rights consultants" or a "management rights due diligence specialist" or "boutique consultant" or a "management rights business consultant". If this is all they do - and they reported negatively on a few deals - how much longer would they have their referrals and their livelihood? Be wary of home-based accountants or sole operators (regardless of their qualifications) who get a lot of their business from a small group of local business and finance broker referrals.

This can put considerable economic dependency and obligation on the specialist consultant or home-based accountant to do what is needed to get the prospective purchaser to buy and the banker to lend on the deal - whether it is really a fair deal to the purchaser or not.

Before using a due diligence provider - ask yourself:

Does this specialised valuer / due diligence provider depend for their livelihood on repeat referrals from a small number of brokers or a specific finance or business broker?
Is the valuer in any way obligated to the finance or business broker?
What is the business relationship between the referring business or finance broker or bank and the valuer/due diligence service provider - are they in business together in some way? Are they cross-promoting their services?
Is the valuer or due diligence professional truly independent of the referrer?
What influence does the referrer have over the valuer?

Finance brokers can move a deal around to target a banker or lender who is not as experienced in management rights valuation and also some financiers can become captive of these deals going through whether fairly valued or not.

3. What assurance do you have that Ascendia gives fair and frank, independent advice to you about a management rights businesses value, and whether you should buy that particular business?

Our business is not about keeping a finance or business broking referrer happy or working in effect in their interests to obtain repeat referrals because we are not dependent on a flow of buyers from such referral sources.

Ascendia provides services to a variety of businesses not just to management rights operators. Our business is dependent on maintaining a long-term relationship with a range of clients. We provide services to management rights operators throughout the life-cycle of their business - beginning, middle and end - not just at the beginning.

We cannot act in a way that compromises your interests in favour of a business broker or finance broker who may may have referred you to us because our business revenue and relationships depend on giving clients excellent business advice throughout the business operation.

Perhaps your major reassurance that ascendia will do the right thing is because we are a well-known business and our reputation means a lot to us. We have an ongoing presence in the business community because of the range of clients we service and we maintain our membership of professional bodies and adhere to their standards (like CPA and CA).

selling your business

Our specialist accounting services include preparation of financial information for sale purposes. This ensures prospective purchasers are fully informed and can have confidence in the financial representation of the vendors’ financial reports. It also allows the prospective purchaser to canvas finance options quickly - enabling you to move the process forward more quickly. When a bank see a valuation report from Ascendia they have confidence that it can be relied on.

Reports for sale can be different from general or tax accounting reports because they remove any idiosyncrasies that relate to the current owners approach to their financial management and also because they often cover different reporting periods.

We recommend a report be prepared, reviewed and finalised for presentation to prospective purchasers once you have decided to put your business up for sale. These reports are then able to be periodically updated as required.

On a more personal note, it is beneficial to consider your personal financial objectives and how to get the most from your business profit before putting the business on the market.

Ascendia provides specialised financial planning services for management rights owners. We have independently licensed financial planning services and many years experience in the management rights industry.

our experience

Formerly known as Archer Gowland (Noosa) (established 1993), Ascendia has the established systems and experienced staff, as well as a recognised strong record of providing specialist tax and business accounting services to management rights operators.

Why not benefit from our extensive experience?

There is a menu of relevant services for those operating a management rights business at the bottom of the page. This will assist you in navigating this site. We also suggest you check the "about us" page (top horizontal menu).

ongoing service and support

Ascendia staff can assist you to set up your general and trust accounting systems correctly and provide ongoing book keeping and accounting advice and service as required.

We also are able to assist you to implement budgets and management reporting to monitor your business performance against important indicators and to take action to maintain and develop financial benefits.

We pride ourselves on being there to support you when you have to operate your business, in that first week, first month and first year to successfully achieve your business and lifestyle objectives and build value that you can sell when you are ready for a capital gain.

Support services available include:

bookkeeping installation support, access to bookkeeping services and training
access to accommodation software training
management reporting
financial systems development/review
general accounting support
coordination of specialist providers for special needs/project
compliance accounting and tax consultancy
tax planning and minimisation including tax budgeting
refinancing/financial verification reviews
business acquisition support (including preliminary investigations and analysis, assisting in discussions with bankers and business brokers and complete due diligence reporting for finance applications).
business sale support including preparation of special purpose reports (including P&L for sale reports), bank re-finance, preparation for sale or evaluation of additional management rights operations or alternate business opportunities.

Clients wanting to reduce their business risk, improve profitability and cash-flow should talk to one of our Senior Accountants / Client Advisers. Call 1300 797 858.

Management rights operators considering expanding and/or re-financing are invited to contact us for assistance in obtaining bank finance and making use of our proven business purchase/due diligence review process (to assist you to pay the right price for the business).