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Business Advisory

What is WealthGenerator?

The TaxFitness WealthGenerator software makes businesses more profitable, valuable and saleable. It achieves this by analysing the business's current performance and providing solutions and options to optimise results.

The software achieves this by:

  • Making businesses more profitable, valuable and saleable,
  • Growing an individual's wealth through smart investing, optimising personal finances, tax minimization, business structures, and asset protection.

Who can benefit from WealthGenerator

Business owners who want a more profitable and valuable business and have the discipline to make the changes required to optimise results.

3 step business advisory process

  1. Enter current financial data 
    • The group members.
    • For each seperate business:
      • Business revenue
      • Materials & subcontractors
      • Rent
      • Wages
      • Overheads
      • Owners Compensation
    • Income and expenses for non-business members.
    • Assets and liabiliites for all group members.
  2. Prepare WealthGeneration Report
    • The software automatically determines actions required to optimise the business.
    •  The accountant selects the relevent strategies/options.
    • Report automatically generated.
  3. Implementation/action – The necessary actions/changes can be implemented by the client or facilitated by an accountant. 

WealthGenerator database

The WealthGenerator database explains both the well-known and secret, business advisory actions/strategies.

There are ten categories based on their different objectives:

  1. Increase sales.
  2. Reduce material & subcontractors.
  3. Reduce wages. 
  4. Reduce rent.
  5. Reduce overheads.
  6. Reduce owner's compensation.
  7. Reduce tax.
  8. Personal finance.
  9. Business structures.
  10. Asset protection.