Hall Chadwick QLD has 40 years of experience in providing advice to businesses in the transport and logistics sector. The firm was originally established in Western Queensland and still acts for a number of rural livestock and general freight companies. In addition, over time we have come to act for numerous freight and logistics companies, couriers as well as heavy haulage and mining equipment companies. We also act for procurement and logistics companies operating throughout Australia and overseas.
Our approachable, authentic and professional team understand the challenges faced by the transport and logistics sector and the solutions that may be available. Our approach is to gain comprehensive knowledge of your business so that we can provide tailored solutions to help you maximise your commercial objectives.
Taxation and Accounting
We offer advice in many areas of taxation, by way of example some of these
include:
- Detailed specialist knowledge of industry specific issues including, employee remuneration and taxation issues, asset protection, capital write off provisions, fuel tax credits, GST compliance, subcontractors and equipment financing
- Regular detailed taxation planning process conducted prior to year end to optimise the tax position of a business
- Advice in relation to business structuring and set up
- Advice regarding the tax implications of offshore operations such as the use of foreign tax credits and tax requirements of employees based in foreign countries
Business Planning
- We can prepare detailed 5 year business plans for clients based around key drivers that can then be subject to sensitivity analysis and scenario testing
- We also regularly prepare 3 way cash flow modelling for business clients
Bookkeeping
Quality bookkeeping is vital to any business in ensuring all transactions and financial records are kept up to date. We can provide assistance to ensure your business is completing the following:
- Correct methods are used to record many transactions
- Preparation and lodgement of your Activity Statements
- Month end procedures, including bank reconciliations, debtor and creditor reconciliation and closing the accounting software for the month
- Training employees in how to use various programs
Due Diligence and Valuation
- Our corporate services division can undertake and prepare valuation and due diligence reports in respect of sales and/or acquisitions
- We believe a thorough due diligence process should be conducted when acquiring new businesses or undertaking mergers both from a financial, operational and governance viewpoint
Corporate
- Cash flow modelling and management
- Conducting reviews on how you can increase the value of your business
- Reviewing business performance and searching for ways to enhance business performance
- Minimising financial risk
- Preparing cash flow budgets and 3 way forecast models
- Managing daily cash flow requirements
- For a number of business clients our Directors act in an outsourced CFO role and sit on the board
Banking and Finance
- We maintain close relationships with brokers and financiers to assist you with tailored financial solutions
- We have assisted in applications for banking facilities for a wide variety of transactions including reviews, business acquisitions, carry on funding and working capital requirements
- Assisting with finance applications and liaising with financial institutions regarding plant and equipment finance
Estate and Succession Planning
We have advised a large number of clients on succession planning, this often
involves passing the business and assets from one generation to the next. Key areas of expertise we can provide advice on:
- Transferring goodwill inherent in the owner to the business, enabling a business sale
- Creating strategies for planning an owners exit up to 5 years in advance
- Extracting wealth from the business for the owners personally
- Implementation of Employee Share Plans and management buy outs
- Safeguarding assets from insolvency and marital breakdowns. We also have close, long term, relationships with legal experts working in this field
