A FULLY INTEGRATED FAMILY BUSINESS has strategic tools that mesh with co-ordinated precision.
FINH uses proprietary tools called Vizion, Smart Numbers, Confidence Kit and Future Fund.
Each involves a number of specific disciplines, addresses a number of specific family business issues and gives you solutions to them.
But most importantly, they collectively mesh with co-ordinated precision to give you an overall integrated solution to your family group and any business investment as a totality.
VIZION™
Vizion assists business owners to develop a framework for determining immediate, clear and concise
strategic direction for their business. It is a 1-2 day scoping and brainstorming session that will deliver a revived business strategy and a refreshed business outlook for your organisation.
Vizion will help you to define a structured and professional approach to the review and decision making process. Your business value lies at the heart of this strategic planning service. It identifies business valuation under past strategies and develops new strategies that will meet the valuation you are aiming for.
Who Uses Vizion?
- Business Owners or Directors who are seeking a clear and documented direction, often at a critical strategic moment in the life of the business.
- Businesses where: growth has stalled, there are structural changes in the business, the business may be preparing to export, there may be succession issues or the business goals may have changed due to market forces.
- Business owners who know the biggest risks are to do nothing or to slavishly do what you have always done.
What are the benefits of using Vizion?
- It will give you focus, direction, clarity and alignment of business goals
- Inspire commitment & enthusiasm to progress and grow your business.
- Provide the drive to make the changes needed to bridge the ‘success gap’ between the current performance and your desired aspirations.
- Provide an accelerated move to make changes which enhance your business value.
SMART NUMBERS
One of the first steps in growing the value of your business is to ensure you have accurate, up-to-date, and most importantly , understandable financial information. Smart Numbers enables business owners to measurably improve their business performance and value using a straight- forward, accurate, diagrammatic reporting and evaluation system. Smart Numbers can be tailored and benchmarked to almost any type of business or industry.
FINH will produce a series of dynamic graphical score cards based on up-to -date financial and non -financial information to measure how your business is performing. FINH then implements strategies to improve performance which meet valuation targets that you, the business owner have set .
FINH will conduct quarterly or monthly reviews with you to monitor your business performance and growth. With this system you can quickly and easily conduct regular reviews to critically analyse the results of your decision making and adjust your strategy to ensure your valuation targets are met.
You can also use this tool to understand the key drivers that will help you to manage your business.
Who uses Smart Numbers?
- Managers and executives who are seeking to gain insight into their businesses performance.
- Business owners and Directors who want to know what increases the value of their business and what inhibits growth.
- Goal oriented business owners who want to be kept on target with their growth strategy and with the ongoing review process provided by Smart Numbers.
- Director and Managers who want quick access to accurate, understandable up-to-date information including non-financial indicators ( eg client and staff satisfaction, sales conversion rates).
What are the benefits of using Smart Numbers?
- Reliable and easy to follow reports demonstrating the businesses performance, weakness and value.
- You can set realistic goals and strategies for growth.
- It enables you to increase the value of your business through improved efficiencies and productivity.
- You can make quick proactive decisions within your business and monitor the results.
- Essentially, have a finger on the pulse of your business.
CONFIDENCE KIT
Confidence Kit provides business owners with peace of mind that your basic accounting, taxation and compliance needs are being fulfilled in a timely and compliant manner, in particular your taxation ( ATO) and corporate regulator (ASIC ) obligations (better words). This service is provided for a fixed annual fee.
Confidence Kit includes:
Periodic financial management reports, financial reports to present to financiers and shareholders, lodgement of ASIC forms and annual tax returns (Income, FBT), review and preparation of Goods and Services and Payroll Tax returns and Income Tax planning review. (Better words from David )
As part of the Confidence Kit FINH will conduct periodic advisory meetings where we set the basic agenda, take minutes and present an action plan back to you.
Who Uses Confidence Kit?
- Business Owners who want to be confident that their Accounting and Taxation requirements are always on track.
- Businesses that require a professional accounting service and a minimum of administration.
- Time poor business owners who know their organisation would benefit from regular quarterly planning meetings.
What are the Benefits of Using Confidence Kit?
- More time to focus on business growth activities.
- Knowing your business is fully compliant at all times.
- Clear concise view of your business for financiers, bankers and shareholders.
- Assistance to claim grants or tax incentives to make your business more competitive by encouraging R&D activities.
A robust platform enabling expert planning for the future structure and growth of your business
FUTURE FUND
Future Fund is FINH’s three tiered Self Managed Superannuation Fund package. There are three different levels to choose from:
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LEVEL 1 |
LEVEL 2 |
LEVEL 3 |
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FINH will set up a Self Managed Superannuation Fund for those needing a Superannuation Fund for the first time. This service is based on a fixed fee.
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FINH can provide the management and compliance requirements for an existing Self Managed Superannuation Fund. This includes management of all related paperwork, preparation and lodgement of tax returns, fund accounts and audits done on a regular periodic basis and year round technical advice from your Personal Account Manager. We can also provide a free and seamless transfer from other service providers. This service is based on a fixed annual fee. |
This service is for the individual trustees of a Self Managed Superannuation Fund who are either time poor or lack the expertise to manage their investments. FINH has over 40 years of independent expert investment experience enabling them to provide independently researched investment recommendations. The package also includes ongoing investment portfolio management, access to online live portfolio reporting and ongoing quarterly performance reporting. The most important aspect of this level of service is you can choose a fee option where you pay us only when your fund positively performs. If your fund does not achieve a periodic positive return you don’t pay a cent in fees. |
Who uses Future Fund?
- Those who desire a clear and professional strategy that complies with the law.
- People preferring an advisor to work with them, not just for them.
- Individuals who expect their superannuation fund to be regularly reviewed and positioned to deliver real, long-term gains in line with their investment strategy.
- Those looking for the least amount of administration and worry.
What are the benefits of using Future Fund?
- You only pay when your fund positively performs.
- We take the worry out of legal compliance.
- We offer Investment advice you can trust.
- Access to expert advice for effective tax planning.
- Knowing you have a strategy for future.
- Personal income when you need it.
- 24hr online access to your portfolio and reporting.
FINH PTY LTD ABN: 29 079 236 169 Licence No: 352826 is hereby licensed as an Australian Financial Services Licensee pursuant to section 913B of the Corporations Act 2001 subject to the conditions and restrictions which are prescribed, and to the conditions contained in this licence .
