•   Cathedral Village, 22/115 Wickham St, Fortitude Valley QLD 4006
  •   Email Us
  •   Cathedral Village, 22/115 Wickham St, Fortitude Valley QLD 4006
  •   Email Us
Responsive – Approachable – Proactive

Business Structuring & Succession Planning

Having the right business structure can save you time and money and give you piece of mind.

When it comes to business structures and what is best for you there is no such thing as a “one-size-fits-all” solution. All too often we find that business owners settle for ‘off the shelf’ products or current ‘in fashion’ solutions without really knowing or understanding what their real needs are.

Everyone’s circumstances are different and so there are real advantages in knowing and understanding your current risk exposure before embarking on the use of business structures.

Effective succession planning is vital to your business – getting it wrong can be costly.

Unfortunately, too many business owners suffer unnecessary and significant losses due to ineffective Succession Planning. Your business can become paralysed by the unplanned and unexpected exit of your business partner, substantial tax benefits on a sale can be lost, and retirement plans shattered due to much lower than expected business valuations, or lack of potential exit strategies.

Our team brings years of experience, practical application, commercial judgement and common sense to the table.

Talk to us first to see how we can assist. If you thought dealing with a professional was expensive … wait till you have dealt with an amateur.

Testimonials

  • I am writing to you in appreciation for the service and direction that you and your team at Prudent Partners have provided us over the years. We first met in 2008 when I was referred to you by a client of ours. I remember quite well the difficulty I had in locating an accounting firm with more than just a clinical approach to business in reviewing the past. We wanted to find a company to partner with in not just managing our past but also our future and the growth of our businesses. Prudent Partners has excelled in this area. Your firm has assisted us with setting up businesses, managing taxation, budgeting, mentoring, financial reporting, unit trust agreements and the list goes on. I almost feel like your firm has become an extension of our business and is effectively there as a department to assist the overall company. [read more]

    Andrew Butcher
    Managing Director - SignSite
  • Prudent Partners has been providing accounting services to me and my brother John and our businesses since 2005, almost 9 years, and you and your staff have always been not only very professional but also very approachable, good natured, patient and prompt in responding to our needs, even when we have made unreasonable and urgent requests requiring an immediate response. [read more]

    Noel Sklavos
    Director - Portside Property Services Pty Ltd
  • Living and Dining was established in 2003 as a sole trader business and since then has grown to become a registered company under the guidance of Prudent Partners. In that time we have moved our premises from Brisbane to Melbourne but have retained the services of Prudent Partners due to their understanding of our business needs and their advice for our growth. We look forward to working with Prudent Partners even more closely as we move into the next stage of our development and would recommend them to any person who is either just beginning or looking to expand their business.

    Lisa Saito
    Director - Living and Dining Pty Ltd
  • As a Business Banking Manager, I am in regular contact with my clients’ Accountants. Whenever I need to speak with Joe Bucolo or Tony Romano from Prudent Partners, they are only too happy to assist. They always have their clients’ best interests at heart and enable a smooth and seamless process when asked to provide information on their clients’ behalf.

    John Mammoliti
    Business Banking Manager - Suncorp Bank
  • In 2001 we had the opportunity to purchase the business that I had been an employee for some years. As part of the business we inherited a book keeper who in his wisdom introduced us to Prudent Partners. It is my belief that if I expect customers to trust me as a professional to deliver them a good product and service you should be able to do the same with your suppliers. I was impressed with my first meeting with the partners and decided to follow their advice. They went ahead and set up the Company and Trust the rest is all good history. At that stage they were 3 ks down the road. Now 200 ks, 13 years on, two businesses and several properties latter. We are looking forward to a long association with Prudent Group.

    Kevin Power
    Director - HFTP Pty Ltd
  • As I have now been involved with yourself at Prudent Partners for over 12 years, I would just like to thank you in particular, and your staff in general for the help and professionalism you have given over those years. As you know, when we came to you we were just starting out in our business, and in fact everything was pretty standard. Fortunately, our business grew (and at some stages quicker than expected) and it was during these times that your advice and expertise guided us through what at times can become a minefield. When you start a business, generally you are experts in the area of your endeavour, but not in other areas that I now realise our essential for safe growth. [read more]

    Craig Crozier
    Australian Crawl
  • Nothing is too much trouble for Joe Bucolo and the guys at Prudent Partners. Friendly, professional and always approachable, their knowledge and expertise helped guide us through building our business into the success it is today. Starting out 20 years ago with Joe and Prudent Partners they are now a very important extension of the John Cochrane Advertising Team. Always there, whether by email or by phone to solve any problem, taking the stress out of doing business.

    Vicki and John Cochrane
    John Cochrane Advertising
  • Tony Romano and the team at Prudent Partners have taken care of our personal and business financial affairs for over a decade. Our real estate Trust Account is audited several times a year by Janelle, both at Prudent Headquarters and on-site in Paddington. Tony Romano looks after our personal, business general accounting and Family Trust matters. The team is up to date with taxation legislation and have always given us excellent advice to maximise our financial portfolio. Prudent are very approachable financial straight-shooters and we value their advice and expertise.

    Sam and Vanessa Carbone
    Paddington Real Estate
  • Prudent Partners has been a long standing business partner of ours and we have always found them to be very professional and courteous. They have offered sound advice and steered us in the right direction with our business matters on many occasions. We are looking forward to continuing our relationship with Joe Bucolo and Prudent Partners for many years to come.

    Sam Iskander
    Principal - Alexander Law
  • Thorley Creative has been a customer of Joe Bucolo and Prudent Partners for about nine years. During this time we have always found Joe to be extremely approachable and professional. We feel comfortable in approaching him with any concerns or problems we may have. On a number of occasions we have visited Prudent Partners to sit down and talk to Joe about changes in our business and brainstorm new ideas with him. Joe is unlike any other accountant, he takes the time to get to know you personally and your business needs. He never brushes you off and has always been available when we need to see him. We would highly recommend Joe Bucolo to anyone who is looking for someone who is more than just an accountant, at Prudent Partners they treat us like family.

    Joseph Thorley
    Thorley Creative
  • It is a privilege to commend Joe, Tony & the team at Prudent Partners to you. The depth of knowledge together with the teams professional approach have assisted our family to navigate through the highs & lows of business in the last 10 years. The Prudent team is all ways available with the latest professional financial advice and you need their skills to survive in today’s business environment. The Prudent team have shown that they have the drive to meet whatever deadlines that maybe imposed by financial institutions or others to ensure your business is best positioned today & in the future.

    Daniel McSweeney
    Director

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