*This article was originally published in www.smartcompany.com.au
In the complex world of business and finance, standing out requires not just expertise but a forward-thinking approach that navigates the intricacies of law, tax, and corporate structure. The most important consideration is the choice of business structures and asset protection. At the helm of Investment Plus Accounting Group, CEO Peter Ristevski exemplifies this blend of knowledge and innovation. With over two decades of experience in accounting, finance, and property sectors, Ristevski has cultivated a reputation for excellence and strategic foresight.
His educational background, a Master’s Degree in Commerce from the University of Western Sydney, and his role as a member of the Institute of Public Accountants, underpin his authoritative stance in the industry.
Business Structure and Protection: A Paramount Concern
“One of the most overlooked aspects of running a business is ensuring that its structure is sound and secure,” Ristevski points out. Many entrepreneurs, caught up in the day-to-day operations, fail to realize the risk they place their businesses in by not structuring them correctly. According to Ristevski, the key is in separating trading entities from potential liabilities—be it lawsuits or creditors. “By having separate entities and clear agreements between them, you protect the heart of your business, ensuring that it’s shielded from unforeseen challenges,” he advises.
Navigating the Tax Labyrinth: The Investment Plus Edge
The tax office is an entity that few businesses can afford to overlook. Ristevski warns, “Neglecting your tax obligations or structuring your business inefficiently can lead to liquidation. You could lose everything.” It’s a stark reminder of the stakes involved.
Investment Plus Accounting Group thrives on creating bespoke strategies that not only comply with tax laws but also minimize obligations. “We pride ourselves on implementing the tax secrets of the 1%, strategies that safeguard assets while optimizing tax outcomes,” Ristevski reveals, hinting at more in-depth insights to be shared in the future.
Global Expansion and Innovative Tax Strategies
Under Ristevski’s leadership, Investment Plus Accounting Group is setting its sights beyond Australian borders, eyeing markets in Dubai and New Zealand. This expansion reflects a strategic move to diversify and tap into new opportunities, leveraging the company’s strengths in understanding complex tax regimes and business structures. “Expanding into these markets requires a deep understanding of local laws and financial practices, something we’ve spent years mastering,” Ristevski notes. His team’s unique approach to minimizing taxation, rooted in deep industry knowledge and legal savvy, sets them apart in a competitive global landscape.
Community Engagement and Industry Recognition
Beyond the numbers and strategic expansions, Ristevski is deeply committed to his local community in Bankstown and Liverpool. His dedication goes beyond providing top-tier accounting and business services; he is passionate about representing and serving his community’s best interests. This commitment has earned him a highly sought-after position for commentary on property investing, with recognitions from the Australian Financial Review and Channel Nine News. Moreover, his entrepreneurial spirit led him to co-found one of the first Yellow Brick Road branches in Sydney, further cementing his legacy in the financial services sector.
Peter Ristevski’s journey with Investment Plus Accounting Group is a testament to his belief in the power of proper business structuring and strategic tax planning. As he puts it, “The ultimate goal is to ensure that our clients are not just surviving but thriving, using strategies that have traditionally been the domain of the very wealthy. It’s about leveling the playing field and ensuring that every business has the opportunity to succeed.” With Ristevski at the helm, Investment Plus Accounting Group is not just navigating the present; it’s shaping the future of business finance.
Source: smartcompany.com.au
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