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CAB Industries is an established manufacturing company in Heathcote and had little guidance in the initial set-up of the business. This began to impact business decisions and company results.   The challenge CAB Industries were significantly behind in their paperwork and bookkeeping, which was also hindered by their out-dated and limited accounting system.   The solution + result 542 introduced … Read More


urban jungle

Urban Jungle Landscapes is a landscaping business based in the Sutherland Shire. It began as a small business that received no advice on commencement and had no formal record keeping or method of paying accounts receivables or payables. The challenge Although the client was experiencing solid growth from customers, there was a need to streamline the administration side of the … Read More

542 Partners help Unique Building Partners focus on what they do best.


Unique Building Partners identified a growth opportunity with another builder interested in partnering as a 50% shareholder. The challenge The existing business was set up as a sole trader. As a result of this new partnership opportunity, 542 Partners converted Unique Building Partners from a ‘sole trader’ to ‘company’. A company is a separate legal entity, which means that it … Read More

542 Partners identify $65,000 saving for SMSF


The situation Our client was about to receive an incoming substantial distribution from a property trust. While this is good news, if not handled correctly there would have been major tax implications for the superfund. They called us in advance to discuss the situation, not so much in hope that they could save tax, but just so we were aware … Read More

542 Keeps it Simple for The K.I.S.S Marketing Agency


The K.I.S.S Marketing Agency is a full-service marketing agency that began self-funded by a single owner, out of a home office. With no accounting, business ownership experience, or established client base, they required the full suite of business advisory and accounting services. The challenge Managing growth is a challenging yet rewarding part of the client journey. If managed well it … Read More

Companion Animal Vet Case Study

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Companion Animal Veterinary Hospital started as a small animal veterinary practice located in Dapto. Experiencing rapid growth, the owners needed to make a decision to transition to a professional and healthy business structure or risk maintaining the growth in customer base. The challenge Faced with significant cash flow issues, Companion Animal Vet, risked unsustainable cash flow issues. But it wasn’t … Read More

542 save client $1.7M in tax

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At 542 Partners, we pride ourselves on our referral relationships. We’ve worked hard to develop a trusted group of likeminded business people that offer complementary services to ensure our clients receive the best advice available. The challenge Our client was party to a significant contract where they stood to receive a lump sum amount of $10,000,000 in profit share. Not … Read More

542 Partners gets leading online beauty store off to a great start


Beautiful Because is an eco chic beauty store and guide that stocks certified organic, natural and non-toxic brands from Australia and around the world.  Founded in 2013 by Nina Weston, Beautiful Because is fast-becoming a leading natural beauty retailer. The situation Nina approached 542 Partners in 2013 at just the right time. She was starting the Beautiful Because business and … Read More

The Barrel Institute Australia Learn the Art of Business Process

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The Barral Institute Australia is Australia’s number one visceral and neural manipulation education provider. They also deliver world renowned lecturers to global audiences. Payment for courses and lectures were traditionally received via a mix of direct transfer and online Paypal transactions. As the business grew, so too did the requirement for online payments and a method for easily recording online … Read More

Sound business advice sets builder on the path to success


In 2011, after 20 years of being an employee for large building companies, Luke Payne decided it was time to go out on his own. That much was decided. What came next was a tough decision to buy an existing business or start his own from scratch. Being charged with such an important decision, Luke felt it best to approach … Read More