Monday - Friday9am – 1pm and 2pm – 5pm
KewLevel 1, Suite 5 796 High Street Kew East Vic 3102
Mentone83A Warrigal Road Mentone Vic 3194
Visit our social pages

Business ServicesFinancial Statements,
KPI's and Benchmarking

Financial Statements

Financial statements are a formal record of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form easy to understand. When we prepare a set of financials for our clients, we not only analyse them to ensure the business is performing in a manner expected against its industry and peers but also to raise any concerns or opportunities which may be present.  Your financials are benchmarked against previous financial quarters where appropriate or prior year’s data which can also identify potential concerns or points of discussion for improvement.  This also helps identify trends that clients may be unaware of.  For clients that provide their accounts to us on a quarterly or monthly basis, we are able to identify issues or opportunities sooner rather than at year end and mitigate any problems before they trend for too long.

Key Performance Indicators

Key Performance Indicators (KPI) form an important part of the information required to determine and explain how a company progresses towards its business and marketing goals.  In a nutshell, these indicators are quantifiable measures businesses use to determine how well they meet their set operational and strategic goals.  They help a business define and measure progress towards achieving objectives or critical success factors.


Benchmarking is another critical component of ensuring you are progressing in the right direction. Simply stated, benchmarks are the “what,” and benchmarking is the “how,” of the process. Benchmarking without the right tools is not a simple process.  We can benchmark your business, which is a systematic process for comparing performance or processes with industry averages and in some cases similar businesses.  These benchmarks are key to minimise potential ATO audit activity and although every business is different in some way, shape or form, they provide an overall look at where you sit and can raise potential improvement opportunities, reduce costs or identify potential savings.

When making use of benchmarking, a company should not limit the scope to its own industry, nor should benchmarking be a one-time event for best results. We look to capture data from alike industries, as diversification and evolution is important and you may find insights there.

With our extensive knowledge and expertise, we can help you. Arrange your free no obligation meeting.

Call us
Contact us now for your latest tax reduction and savings!
Call (03) 9859 8555
Great Review by our Clients

Trusted by many people

Our clients have always trusted our expertise and advices. Here’s what they have to say about us.

The client service from everyone involved is exceptional and we could not be happier with how our business has been looked after over the years with the guidance from Nick and his team, especially in these ever changing times and competitive environments.

Rick Allen
Director of Nellakir (Aust) Pty Ltd

They have always been available to discuss my needs in simple English terms to understand, from extensive company and trust structures to when I first started out as a sole proprietor in the hospitality industry many years ago.

I look forward to the next 20 years with Vantage TBS. Thanks Guys.

Paul Stann
Director of Crème Café

I’ve been with Vantage Tax and Business Services (formerly Bonadio Partners) for 20 plus years and they have always been a great business partner throughout this time.

I would highly recommend Vantage.

Michael Chiodo
Director of Pasta Al Dente Pty Ltd

I’ve been a client of Vantage – Tax and Business Services for the last 5 years. In this time, the team have provided the utmost level of accounting advice, attention to detail and smooth transition of a number of my companies from our previous accounting relationship.

Anthony D’Alessandro
Director of Required Financial Services Pty Ltd

Vantage Tax &
Business Services
Mon - Fri 9am – 1pm and 2pm – 5pm
Get in touchVantage
Social links
Discover, connect, and engage with us on social media for updates, insights, and tips.

Copyright by Vantage Tax & Business Services. All rights reserved.

Copyright by Vantage Tax & Business Services. All rights reserved.