Practical business advice to help you grow

Whether you’re starting up, consolidating, growing or exiting your business, we’ll get to know you and your business thoroughly so we can deliver proactive business advice. We’re passionate about supporting small business owners by providing advice when they need it, not just when they ask for it. You can count on us to deliver sound business advice that gets you results.

Starting a business

An innovative business idea is great, but you also need to have the financial and legal side set up correctly in order to succeed. At The Practice Consultants Ltd, we understand small businesses and we understand accounting and tax law. Our expertise in these areas means we can deliver advice on the best structure for your business (sole trader, partnership, company or trust), help you prepare a business plan and assist you in securing finance.

Buying a business

Purchasing a business can be a stressful time and there are many different things to think about. It’s important to speak to a qualified accountant before making such a significant business decision. We love to see small business owners succeed. That’s why we offer detailed advice on your potential business acquisition. We’ll conduct a complete review of financials, assess the business’ true profitability, help establish budgets and cashflow forecasts, deliver advice on weaknesses, risks, GST issues and the best sources of finance for your situation.

Growing a business

Running a business isn’t easy. The daily grind of running a business makes it hard to prioritise strategic planning. But planning ahead is critical for business success. Our team of business experts specialise in creating three to five year plans based on your business goals. These plans help you shape your business, manage your resources and provide direction for your team.

Strategic planning includes:

  • Detailing where you want your business to be in three to five years
  • Identifying competitors and benchmarking your performance using statistics provided by the University of Waikato
  • Clearly defining your financial objectives
  • Developing a detailed strategy to reach your goals

We’ll help save you time and money by developing a plan that guides your business to growth.

Selling a business

The Practice Consultants Ltd can help you prepare to sell your business. We can assist by:

  • Researching the market and analysing similar businesses
  • Determining a reasonable price
  • Developing relationships with brokers
  • Consulting with potential purchasers
  • Assisting with special clauses in sale agreements

Leaving a business

A succession plan outlines a strategy for when the business owner leaves. A good plan is a valuable investment and allows for a smooth transition during this process.

Our advisors have the expertise to help at any stage of your business journey.

See how we can help your business

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