There are several scenarios where you might wish to acquire a business enterprise. Whatever the situation, the Maxims team can reduce the stress from this process and maximise the opportunity for you. Whether you are considering buying a business or merging with another business, we have the experience and expertise required. We’ll ask the right questions to ensure the best possible outcome. Are you getting a good deal? Is the business right for you? Can you afford it? Have all avenues for future growth been investigated? The services we provide incorporate every stage of the process, from identifying potential acquisitions and negotiating the commercial elements of the transaction to forecasting the future of the business. Our services include:
- A review of your goals and objectives
- Due diligence services
- Preparation of financial forecasts
- Advice on potential pitfalls and rewards involved in a merger
- Assistance with purchase negotiations
- Advice on financing
- Assistance with preparing a business plan
Stressed out trying to ensure you comply with the 1993 Companies Act? Company legislation requires businesses to perform several administration tasks that take up a lot of valuable company time, but all business owners must make this a priority. The potential threat of penalties for failing to keep up with the changing rules is too great a risk to take, so let Maxims take care of this so you can focus on financial success. Our services include:
- General advice on company law
- Company formations
- Filing annual returns on your behalf
- Preparing all documentation related to minutes and resolutions
- Maintaining statutory books
- Assistance with changes of directors, shareholders, addresses, and office details
- Bonus issues
- Share transfers
- Registered office facility
Farm accounting requires specialist understanding of the industry due to specific business, financial, and taxation issues. We keep a very close eye on developments in both the farming and accounting industries, ensuring we are uniquely placed to provide up-to-date, accurate advice. Our industry-specific services include farm budgeting and cash flows, farm sales and purchases, ownership structures, preparation of financial statements and taxation. We also take a long term view of supporting the farmers we work with, providing seasonal planning and succession planning.
Your most valuable business asset is your staff. In recognition of this, and to help you make the most of your business, we provide an HR consulting service so our team supports yours. We can assist with both practical and strategic decisions, by providing advice on employment relations, health and safety, recruitment, remuneration, performance management, change management and team building.
Is your business struggling under financial and operational difficulties? Then you need proactive, insightful action to avoid, or minimise, the ramifications. The key to avoiding insolvency is to seek professional help as soon as the first signs of difficulty appear. We can assist in identifying problem areas and suggest solutions to improve the position of your company. Timely, expert advice may save your business from liquidation or receivership. Receivership entails someone being appointed to raise funds within the company to repay a financier, while liquidation becomes necessary when so many of the company assets are sold that it cannot continue its daily business. A liquidator disposes of all the company assets, repays the creditors, and the company ceases to exist. In the event that liquidation or receivership become necessary, Maxims has the required skills and experience to assist.
If you own residential and commercial property, Maxims can assist in many ways including providing advice on funding, purchasing a property, ownership structure, lease agreements, guidance on tax minimisation and undertake periodic reviews to ensure returns are maximised. The importance of forecasts in making a residential investment cannot be emphasised enough, and we can provide you with forecasts for revenue returns, financial position and potential growth.
Selling a business can be an exciting process to contemplate and undertake, but at times it can also be both a challenge and a chore. Our team can help streamline the sales process, minimising the stress and work involved in achieving a successful sale. When preparing a business for sale we can obtain comparative results, establishing a realistic sale price, take the business to the market, negotiate with potential purchasers and draft the contract to complete the sale. With our help you are better able to obtain a maximum return for your business.
A trust allows you to protect the assets you have accumulated for the benefit of others, but obligations for trustees can often be onerous. Our extensive experience with trusts enables us to offer specialist advice on trust formation and ensure all statutory requirements are met. We can assist in many ways including preparing and executing the documentation required for trust formation, attending to the special requirements involved in reporting for trusts and ongoing trust administration. Talk to our team today to ensure your trust is formed and administered as effectively as possible, covering all legal requirements and guaranteed to fulfil its purpose!
Charitable trusts are set up to hold money or assets and carry out activities for the benefit of the community. They can be formed for the purpose of promoting education, poverty relief, promoting religion and for other reasons that benefit the community. A charitable trust, as registered by the Registrar of Incorporated Societies, gains tax benefits when approved by the IRD. These tax breaks include the absence of duty on gifts to the trust and the absence of tax on income earned by the trust. Our experience with charitable trusts enables us to assist you with setting up a trust and using the trust in the most effective way to reach your charitable goals.
Knowing your hard-earned assets will be dealt with in the manner you choose provides peace of mind, so effective estate planning is essential. For business owners, a plan for succession of ownership is also vital. We can guide you through the process of estate planning and business continuity, and can guarantee no deviation from the succession plan for your assets. We can assist in a variety of ways including:
- Meeting to discuss objectives for your estate
- Confirming assets - valuations, inventories, and appraisals
- Court approval for a grant of administration
- Documentation involved in estate planning
- Protecting the assets
- Paying taxes and debts
- Estate distribution
- Administration Act
Forensic accounting, the use of accounting techniques to assess the financial implications of legal disputes, provides accurate, timely advice to swiftly make those headaches over money disappear. With our intervention the dispute can often be settled without a court case. However, in the event that a court case is necessary, we can provide the information and documentation required for your case, and act as an expert witness in court. Our specialists possess a sound understanding of legal concepts and procedures and have years of relevant experience. They are ready and able to guide you through the sometimes treacherous territory of the legal industry.
We live in a computerised age where technology enables us to enhance a wide variety of business processes, so using software and hardware effectively can provide enormous benefit to your business. At Maxims we have embraced computerised systems, ensuring our trained, experienced professionals can discuss the best system to further your business, install and configure software to suit your purposes, recommend processes to make your computer system more secure and suggest accounting software applications suitable for your business. We can also help train you and your team to be self-sufficient users of software applications.
Significant industry-specific knowledge of orchard regulations is essential for success and Maxims has the knowledge and expertise to provide you with the basis for an efficiently-run business. We not only assist with completing the accounting requirements for your orchard, but provide expert advice to ensure your business increases profits and makes informed financial decisions.
Achieving a comfortable retirement requires forward planning. You need to consider when you will retire, how much income you need for the retirement you desire, how to acquire that income, what role the government will play, and more. It’s never too early to let the team at Maxims help you answer these questions and plan for the relaxing retirement you've earned.
Establishing a well-designed succession plan will ensure the long-term success of your business, but sometimes co-ordinating the transition of your business to your successors can be an arduous process. With our years of experience in this area we can address the complex issues of business continuation, minimising the stress of this process to form a plan that facilitates a hassle-free continuation of your business.