Starting your Business

Starting Your Business Better Smarter More efficiently Stronger Ready for growth On the right foot With the Right Team With Jewell Moore

Congratulations! This is an exciting time in your life, and we are so honoured to have the privilege of joining you on your business journey.

At Jewell Moore Chartered Accountants, our team of experienced Chartered Accountants are eager to work with you on making your dreams a reality. Some of the services we offer are:

Feasibility
Study

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Core Values
Development

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Business
Planning

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Business
Structuring

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Organisational
Review

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Software
Solutions

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Feasibility Study

A financial feasibility study is an assessment of the financial aspects of something. If this case, for starting and running a business. It considers many things including start-up capital, expenses, revenues, and investor income and disbursements. … Start-Up Capital Sources, and. Potential Returns for Investors.

We prepare an evaluation document designed to access technical and economic viability of a new business or project. Its objective is to establish what criteria are to be met to attain the desired outcome and to reason if and how the company can meet these criteria, given its current vision, capabilities and resources. A feasibility study normally considers a number of possible scenarios and recommends the most suitable one.

To deliver an objective and rational feasibility document, we focus our feasibility study services on extensive research and modelling of various financial feasibility aspects. These may include operational, financial and economic areas:

The operational feasibility study service focuses on identification of operational aspects that should be established for a successful delivery of your concept/project. It then assesses if your existing operational structure suits or how feasible it is for the company to establish the required operational environment.
The financial feasibility study service involves estimation of the start-up costs, the projected cash flow and profitability, the financing requirements and structure. We then assess the financial viability of your concept/project, testing it for various sensitivities (sales, costs, delivery time fluctuation).
The economic feasibility study service identifies and quantifies the expected project benefits and often compares various economic scenarios using Cost-Benefit Analysis.

Benefits of a professionally prepared Feasibility Study:

Provides you with an independent detailed professional review and evaluation of your business initiative or project
Presents you with a set of possible alternatives and its’ pros and cons
Provides you with an opportunity to start your business or project quicker and with a clear plan
Defines the levels of effort and time frames to be involved
Ensures the content and format are suited for your purposes, for example, for internal use by the management or for seeking investment externally
Saves you time researching, analysing, documenting and formatting information.

Core Values Development

Core Values are the essence of a company’s identity; they support the vision and shape the culture of an organisation. We’ve developed an effective service that allows you to create Core Values for your business— providing a great foundation and guide for the way your Team interacts with clients and each other.

Attendees will complete pre-work to get thinking about their values and vision for the business so that everyone is prepared to gain maximum benefit from the 3-4 hour facilitated session. We’ll then guide you through our structured process to create up to five Core Values with definitions which will underpin the expectations of behaviour within your organisation.

Core Values will make leading and managing a Team and client expectations a lot easier. When your Team live and breathe your Core Values you’re more likely to achieve your business goals. As Peter Drucker once said ‘Culture eats strategy for breakfast.’

Business Planning

A great Business Planning process gets to the heart and soul of your business. Upon completion of pre-work we’ll have a greater understanding of your vision and core values in order to facilitate a four hour planning session to help you create a clear one page Business Plan.

The outcome of this services is to identify and prioritise goals, both short term and long term, create strategies to achieve your goals, enable you to review actual performance against targets and establish a 90 Day Action Plan to address immediate and critical issues.

Importantly, this process eliminates a factor that is all too common in business—procrastination.

Business Structuring

Jewell Moore will review your circumstances and provide advice on the most appropriate business / investment structure to achieve the outcome you want.

This process includes an analysis of the best tax outcomes and liability protection for you now and in the future.

We also provide advice and assistance with converting an existing business structure into a more suitable structure. We look at the tax effects and the options available to minimise or avoid triggering costly CGT errors.

Organisational Review

Many businesses do not have absolute clarity around their team’s defined roles or responsibilities. This often results in owners wearing too many ‘hats’, meaning they have precious little time to spend in a strategic sense, or on high-level activities that create real value for the business.

An Organisational Review will help you to build a functional Organisation Chart, visually defining departments, functions, roles and responsibilities. We will help you to structure your business so that it is more sustainable, scalable, and, ultimately, saleable.