Cost analysis consulting for small businesses

Small manufacturers, food producers, builders, trade businesses and farms that want better pricing and tighter margins.

A fixed fee per cost review project, or a monthly retainer for ongoing cost tracking, reporting and pricing updates.

• Comfortable with numbers and spreadsheets
• Bookkeeping or accounting background
• Explaining findings in plain language

• Get an ABN and check whether you need to register for GST as your turnover grows
• Professional indemnity insurance is worth checking, as bad advice can cost clients money
• Check whether tax or BAS work requires registration, such as with the Tax Practitioners Board, and keep your services within what you are qualified for
• Check whether your council requires approval for a home-based business
• Handle client financial data carefully and look into privacy obligations

Startup costs are typically around $500 to $3,000, depending on your software, insurance and how you find clients. These are estimates, and most of the work can be done from home with spreadsheets and accounting software.

Estimated monthly revenue is typically around $1,000 to $5,000, depending on how many clients you take on and whether you charge per project or monthly. That is revenue before insurance, software and other costs.

Check whether you need an ABN and GST registration as turnover grows, and whether tax or BAS work requires registration, such as with the Tax Practitioners Board. Also check professional indemnity insurance, council approval for home businesses and privacy obligations.