More than 10% of SME’s lose money each year because of poor financial management.
75% of small business owners don’t set an annual budget and another 28% do not review cash flow.
We are dedicated to changing these stats by providing simple, tried and tested, integratable systems and processes that will help your business maximise your profit.
How do we do it?
We have several qualified Chartered Accountants and CPAs who have years of experience in providing quality financial analysis and strategic planning to clients.
What we actually do for our clients.
At Square Penny, we offer a range of services from managing day-to-day transactions in the accounting system to budgeting and cash forecasting to producing monthly Board packs.
We work closely with our clients to provide regular analysis of their business’s financial health.
Bookkeeping Made Easy.
Bookkeeping can become a very time-consuming ordeal. More often than not, it’s too much to do by yourself or businesses find that it’s not enough to hire an in-house bookkeeper. The idea of our bookkeeping services is to provide a cost-effective solution to organising your books, so you can focus on business growth and development.
Being Australian Tax Office (ATO) Accredited BAS agents, we are fully-trained and experienced in providing you with the following services:
• BAS preparation and general business advice
• Bank reconciliations
• Payroll processing
• Statutory requirements
• Debtor collection
• Creditor payments
Our goal for our bookkeeping services is to “make your business simpler”.
Financial Management and Analysis.
Like our bookkeeping services, our finance management and financial analysis services are aimed at providing our clients with trusted solutions for their business.
We aim to do this by providing them with accurate and meaningful data, timely information, continuity in operations and cost-effectiveness in service.
Our financial management services can assist you and your business with:
• Financial analysis
• Financial business processes
• Budgeting and refinancing advice
• Implementation of new business systems
• Human Resources (HR) advice
"When I first met Damian I was immediately drawn to his heavily branded over the top Square Penny Jacket. Meeting Damian when I fist set up my start up was perfect timing and we formed an immediate bond. In-fact we are such opposites that it works. Damian has been a fantastic addition to our growing team and has given my business structure, process and virtual staff to take care of all the money matters of the business and much more. Sarah is my Wonder Woman and Damian Superman. Highly recommend Damian and his team."
Rob Hilton, Mammoth Innovation
"Our partnership with Square Penny commenced in 2018 with continued assessment and support most predominantly with financial advice. The difference comes with Square Penny’s overall business tuition. It’s one thing is to have a financial adviser but having another business take pride in helping you achieve your goals is the difference with Square Penny. Professional, financial and “business” advise which has been an invaluable resource for us at Capture Recruitment.
A partnership that not only concentrates on business sustainability and growth, but also family, a work life balance and most importantly that end goal- Retirement. I have no hesitation in recommending Damian and Square Penny to anyone."
Samantha Ebejer, Capture Recruitment
"Learning Online has been working with Square Penny for almost two years now and have found it to be a pleasure. As Alison put it succinctly when I complimented her on her thoroughness and efficacy recently, 'it's my job to think about these things so that you don't have to' and that's exactly what Trish, Alison, Anu and Hayley have been doing since we started out with Square Penny. Thanks for all your hard work and for all the support."
Tom, CEO, Learning Online
"Square Penny was and still is, a life saver for us. From the outset, we recognised that our financial and business goals were Damian and Angela's mission, and a deeply trusted relationship was established with Square Penny. We feel totally supported by them in managing our business and personal portfolios. Angela takes the worry out of the day to day and Damian corrals our thinking towards the long term. A truly great partnership and one that we value highly."
Marie Larkin, Click Consulting
"Square Penny are lifesavers when it comes to managing our bookkeeping and payroll requirements. They take the hassle away and make the process stress free and seamless. Highly recommend their services to anyone that is looking for a high quality service."
Jenna Paulin, Managing Director - Now Actually
"The team at Square Penny have taken the hassle away of my everyday bookkeeping needs and enabled me to concentrate on my strengths within my business. Their personable and professional approach really suit our team culture and all our staff and accountant also speak very highly of them. They have definitely assisted in growing the business and would recommend to anyone that’s looking for more than just your average bookkeeper."
Nick Kourouvanis, Amega Financial Solutions
"We highly value our partnership with Square Penny. They were quickly able to understand and adapt to our business requirements and provide a Bookkeeper who could fulfil those needs. Damian and his team are approachable in every facet, and we would recommend their services to any prospective business. "
Tim Chivers, M + G Electrical and Communications