Accounting for Startups | JD Scott and Co

How We Can Help

How our start up accountants can help

Founding a startup involves dealing with a unique set of financial challenges, and ones that can change rapidly as the business grows. Our approach goes beyond traditional accounting, offering strategic business + tax planning, bookkeeping help, and a suite of other services aimed at empowering startup owners. When running a startup, it’s easy to try and tackle everything yourself. But if you choose to work with us, we will be more than just an accountant; we will help your business remain compliant with relevant tax laws, while guiding you towards profitability.

Our team collaborates with you to develop an in-depth financial strategy that supports your business goals. This includes optimising your tax position, but also encompasses critical areas such as budgeting for sustainable growth, managing cash flow to support day-to-day operations and long-term projects, and advising on the best business structure for your startup. Our aim is to ensure your financial foundation is robust, flexible, and suitable for your business.

Our Services

Our Startup Accounting Services

We offer a complete suite of accounting services for startups. These are designed to address the specific challenges and opportunities for businesses like yours.

Budgeting and Forecasting: We help you create realistic budgets and forecasts, crucial for tracking your startup’s financial health and planning for future growth. Our insights allow you to anticipate financial needs and adjust your strategy accordingly.

Tax Advisory: Our tax advisory service is designed to provide you with tax strategies that are fully compliant yet optimised for your business’ benefit. We can help you enhance your financial performance through efficient tax planning.

Cash Flow Management: Effective cash flow management is vital for the survival and growth of any new business. We offer strategies and solutions to help your business remain solvent, helping you plan for a bright future.

Business Structure Advice: Selecting the right business structure can significantly impact your startup’s tax liabilities and growth potential. We guide you through choosing a structure that promotes efficiency, compliance with relevant tax laws, and scalability.

Strategic Financial Planning: Beyond day-to-day accounting, our strategic financial planning services are designed to align with your long-term business goals. We work with you to identify financial opportunities and challenges, providing strategic guidance to navigate your startup’s path to success.

At JD Scott + Co, we have helped many startups tackle a wide range of financial challenges. Our comprehensive services ensure that your startup has a strong financial foundation, enabling you to focus on innovation and growth. Contact us today to build a financially sound and successful business.

Testimonials

Listen to what our clients have to say!

We engaged JD Scott & Co to assist us with year end financial reporting. They are a highly professional firm, with deep experience and provided us with quality solutions.

Brenton Charnley

COO, Cover Genius

We retained JD Scott + Co to assist us in preparing a forecast model for the expansion of our business. They were able to tackle complex problems and succinctly communicate solutions for us.

Ben Mayo

CEO, Express Settlement

Great service, responsive and great advice

Edward Sin

Sine Projects Pty Ltd

l found JD Scott & Co fairly randomly through a Google search, and I'm so happy I did. James has been very responsive, got on top of our overdue stuff very quickly, has been very patient in explaining things to me and proactive in flagging potential areas to investigate for savings or other benefits. Thanks James!

Joanne Jenkins

James assisted us greatly over a difficult year end period. He was able to promptly get on top of the issues and put forward workable solutions, by coupling strong technical skills with practical experience. I will strongly recommend JD Scott + Co to Finance leaders that need personalised attention from a senior, experienced finance professional as a credible alternative to bigger firms.

Himanshu Kher

CFO, Axi Financial

Great service and support by James and his friendly team across various topics. Worked with them for the past 2 years, highly recommended.

Tony Zabel

Strategy Manager, BeforePay

Great service and support by James and his friendly team across various topics. Worked with them for the past 2 years, highly recommended - Shoaib from Marketix

Shoaib Mughal

Founder and Director Marketix Digital

JD Scott + Co has been a great help in getting our tax situation sorted.

Nick White

Owner - Since I left you

At Centricity Wealth we started working with James in 2020 needing help with year-end-reporting and to tidy up the tax for our small business. From the start, James made sure to understand where we were at with our accounting and to determine what needed to be done to tidy up our tax. Having helped us to get on top of thinks, he continued to support us with practical solutions and advice. Working with James gives us peace of mind that our accounting is taken care of and having someone so experienced in our corner, makes all the difference.

Callie Scheffer

Centricity Wealth

James, Janet, and the entire team at JD Scott + Co have been fantastic. Their expertise and unwavering support has been instrumental in helping take our business to new levels. From understanding our financials to strategic tax planning, they have been invaluable partners. Their deep industry knowledge and attention to detail have provided us with a comprehensive understanding of our financials. Their insights and guidance helped us to make informed decisions and navigate complex financial matters with confidence. If you're looking for an accounting firm that can help you and your business, we highly recommend the exceptional team at JD Scott + Co. They really do go above and beyond!

Reece Richardson

Director, Excolo Recruitment

I cannot speak more highly of James and his team at JD Scott + Co. The support they have provided me with across my personal and professional finances, small business bookkeeping, cashflow and tax planning has been invaluable. James works with transparency, care and authenticity. I have great peace of mind that I have a dedicated and professional team across all of my financial needs.

Sarah Bolitho

Founder and CEO, Levyl Recruitment

James has been interim CFO of Techstacked for the past two years and actively supported the growth of the business. His skills and advice have been invaluable in supporting the business as it grows.

Rohit Bhuta

CEO, Techstacked

Accounting for Startups FAQ’s

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