specialised services for Management Rights operators

Buying Management Rights Accountants, Due Diligence, Verifications, Valuations, Office of Fair Trading Managemetn 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 independent management rights business and accounting services on the Sunshine Coast and in the Brisbane area.

special offers

fixed price management rights audit for 2 years for new clients

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

To use our fixed price audit, or make use of our due diligence service with rebate - you need to be a new client engaging our services as your accountant and tax consultant and you need to mention this offer. This offer is available to clients in the Noosa, Peregian, Coolum, Maroochydore, Mooloolaba and Brisbane areas only.

Prices and conditions are outlined in the table below.

IMPORTANT: Read our brief guide to purchasing a new management rights business - below - be careful!

For the Sunshine Coast area call David Barlow on 07 5448 0566 or email him at david.barlow@ascendia.com.au and David Barlow or one of his team will arrange service for you.

For the Brisbane area call John Caslin on 07 3854 1724 or email him at john.caslin@ascendia.com.au and John Caslin or one of his team will arrange service for you.

audit

Includes annual and interim audit and audit compliance report. Also includes our visit to your premises 3 times by our staff. Offer only to Management Rights businesses in the Sunshine Coast and Brisbane area. Offer available until June 30 2010 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 are on a very 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 by you on completion of the report.

However because we are a full service provider - as a new client citing this offer - when you engage us to do your ongoing compliance accounting, tax work or management accounting work we also 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	$770pa.	$660
10 - 20 Units	$880pa	$880
20 - 50 Units	$990pa.	$990
50 - 80 Units	$990pa.	$1100
80 - 150 Units	$1210pa.	$1210
150 - 250 Units	$1320pa.	$1320

So for example, for a Due Diligence Report and Activity on a 70 unit complex that cost $2,000 - we will rebate that down to $990 - by giving you an Ascendia Client Voucher valued at $1,010 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 due diligence analysis and investigation as required and complete report to CPA / CA standards by Fellow CPA David Barlow or CA John Caslin. Full reports as required by major financial institutions are provided.

We have significant experience and well established templates for the risk assessment and reporting for diligence and valuation analysis and reporting.

We are on the recommended panel for major bank lending to Management Rights purchasers. Offer only to Management Rights businesses in the Sunshine Coast and Brisbane area. Fixed prices (after rebate / voucher applied) outlined in the table above. Offer available until June 30 2010 for new accounting and tax clients citing this offer.

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 & 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 in relation to 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 dealing with third parties like business brokers, finance brokers, bankers, lawyers etc. or making a major decision like buying or selling or refinancing - to make sure that 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 dependant 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 being referred by a finance or business broker to a sole operator or home based operator who offers to value or provide due diligence reporting and this is the main thing they do. Some specialised valuers or home based accountants or "specialised management rights consultants" who you are referred to by a business or a finance broker are obtaining all their work from the referral source. 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 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 livlihood 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?

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 livlihood? Be wary of home based accountants or sole operators regardless of their qualifications where they get a lot of their business from a small group of local business and finance broker referrals.

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 dependant on a flow of buyers referred from a finance or business broker.

We provide services to a range of types of business not just to management rights operators. Our business is dependant on maintaining a long term service relationship with a range of clients. Our services to management rights operators are useful 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 that may have referred you to us because our business revenue and relationships depend on giving clients excellent business advice throughout the business operation over a number of years - not just at the start of the process when a client buys a business.

Because we are a well known business and provide business services to a range of businesses you also can rely on our ongoing presence in the business community, our membership of professional bodies and adherence to their standards (like CPA and CA).

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.

Both our Brisbane and Noosa based tax and accounting partners, David Barlow and John Caslin, and their teams, have significant experience in the specialised area of management rights accounting and tax consulting.

Why not benefit from our extensive experience?

In addition we have provided 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).

Noosa office - providing specialised service - sunshine coast

David Barlow has been with the firm since 2007 and brings a strong tax minimisation focus (as well as compliance management) to the practice for the benefit of management rights operators. As an ex-Melbourne CBD practice partner with five years senior partnership experience David previously managed a large client base with a strong focus on:

tax minimisation
property development, and
apartment / building management

David has continued to develop our management rights focus at the Noosa office [previously know as Archer Gowland (Noosa)] in the resort management area in particular. He and his team currently service management rights clients' comprehensive accounting and tax requirements on the Sunshine Coast.

Since he has been with the firm David and his team has also overseen the streamlining of a number of important business processes that benefit our management rights clients with better quality reporting. Areas where David and his team have found efficiencies include:

management rights / resort management related work papers
procedures and filing methods
tax planning reporting and work paper templates
profit & loss / for sale reporting and work paper templates
business cash flow reporting.

Brisbane office - providing specialised service - brisbane area

John Caslin, one of our Brisbane based tax and accounting partners, has been providing strong support to management rights businesses in Brisbane.

John has introduced additional services, in addition to the strong compliance accounting intially derived from our time when we were known as Archer Gowland (Noosa) and subsequently developed by David Barlow and his team at Ascendia Noosa office.

In particular management rights operators have been very pleased with the impact of John:

introducing more regular and effective financial management reporting and business management accounts for our larger clients (monthly and / or quarterly reporting for management purposes)
ongoing advice to management rights operators based on regular business financial reports – successfully assisting many of his clients through these difficult economic times.

Clients wanting to reduce their business risk, improve profitability and cash-flow should talk to John or David at this critical time when buying.

Management rights operators considering expanding and / or re-financing are invited to contact David or John for assistance on 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).

ongoing service and support

We can assist you to ensure your general and trust accounting systems are set up 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 can assist you to take action to maintain and develop the financial benefits you can derive.

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 considerable 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)

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 from the reporting that may 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 finalized 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.

We provide specialized financial planning services for management rights owners – due to our independently licensed financial planning services and many years experience in the management rights industry [previously known as Archer Gowland (Noosa) established 1993].

It is very beneficial to make progress on your personal financial objectives before putting the business on the market by getting the most from your business profit.