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There's More To It Than Just The Numbers

Yes, like most accountants we can do your taxes and accounting. But there is more to it then preparing your financials and calculating your taxes. It’s about setting up your structure correctly, maximising your profit and cashflow, and ultimately achieving financial freedom.

We Are Different

Pay Minimum Taxes

We all have to pay taxes but to pay more than you need should never happen. As part of our package we will review your taxes and ensure that the minimisation of taxes is always on our minds.

Free Phone Calls & Email

Our clients love the idea they can pick up the phone and call us or email us knowing that the clock is not ticking. We want to be an integral part of your business which means constant communication. We want to know what you are thinking of doing before you do it so that we can advise you of everything you need to be aware of before you make a final decision.

Review of Your Structure

We regularly review your structure to ensure it is still appropriate for you especially from an asset protection point of view.

Fixed Fees

With fixed fees agreed before we work with you, you know what it is going to cost so that you do not ever receive any surprises.

Maximise Profit & Cashflow

The purpose of being in business is to increase profit and maximise cashflow which will give you freedom in terms of hours worked. We will assist you by reviewing your current operations and strategies opportunities available to improve profit and cashflow whilst at the time reducing the hours you work in the business.

Invest & Create Wealth

Sometimes we get so preoccupied with day-to-day business operations that we forget the bigger picture. We get into business to make money with the idea that we will exit the business at some stage. The reason we get into business is so that we are in control of our destiny which includes our financial future. We will discuss with you on a regular basis how you invest to create wealth and ultimately financial freedom.

How can We help

Client Testimonials

Gave us a plan to save us $1.7 Million

Hitesh is extremely knowledgeable both as a business advisor and as a Chartered Accountant. His understanding of the challenges in running a medical practice at all levels is excellent and his ability to solve these challenges are even better.

Jas Mistry

‘WE HAVE NEVER BEEN SO HAPPY AND NOW HAVE TOTAL CONTROL OVER OUR FINANCES, AND A PLAN SET OUR FOR OUR FUTURE. IT IS A WONDERFUL FEELING’

I love the way Hitesh operates. He is always thinking outside the box and how he can improve the lives of his clients and their business.

He has an amazing contact database and when he referred me to a financial planner I initially resisted.

However, when we reviewed the policies I was paying for we came up with a plan that saved $1,716,186 over 24 years. Yes you are reading correctly – $1.7 Million.
There is no-one in the market place that can do what he can do.

Dr Siddhartha Sarmah

‘HITESH HAS THE POWER TO CHANGE YOUR BUSINESS, YOUR FINANCIAL FUTURE, AND YOUR LIFESTYLE’

We were not happy paying excessive fees to our existing Accountant. He never explained anything to us and we found that we really didn’t have control over our future. We were frightened to ring and ask questions because the clock was always ticking and we had no idea how much our accounting fees were going to amount to. This combined with the fact that we could never contact him when we needed him made it very difficult for us to manage our finances. We also had no structure in place for the future of our business.
Hitesh was very informative when we phoned him and we began to discover that we were really headed in the wrong direction with our previous accountant.
During the consults we have with Hitesh the knowledge he shares with us is excellent and certainly nothing that we have experienced having had our own businesses for over 35 years.
Hitesh outlined his billing structure and gave us a written quote for work that we agreed to have completed. During the time it took to complete our tax we were able to contact Hitesh both by phone or email – always with a very prompt result. We have never been so happy and now have total control over our finances and have a plan set out for our future. It is a wonderful feeling.

Donna Neilsen

“HIS UNDERSTANDING OF THE CHALLENGES IN RUNNING A MEDICAL PRACTICE AT ALL LEVELS IS EXCELLENT, AND HIS ABILITY TO SOLVE THOSE CHALLENGES ARE EVEN BETTER’

We cannot thank Hitesh and his team enough. After he reviewed our affairs he informed us that our previous accountant had provided advice which was incorrect.
Our tax returns were incorrect and we had underpaid significant tax over a period of 6 years which horrified us.
We simply trusted our old accountant and followed what he told us. We had no idea how our business was really doing or what he had declared on our returns. Our previous accountant made life difficult but we felt comfortable with Hitesh by our side. During delicate negotiations with the ATO Hitesh managed to agree a plan where $98,865 of fines and interest were cancelled. In addition, the tax amounts due were re-negotiated to a more manageable amount and a plan to pay it off over a period of time was agreed.
Hitesh and his team now look after all our affairs. Every month he provides figures to us and explains how our practice is running in plain English something we have never had in the past.
Since we have been working with Hitesh he has advised on things to implement in our practice and things to focus on and we can see that our patient numbers and patient income has consistently increased.

Anonymous Client – Kidney Specialist

SAVED US $98,865 IN THE FIRST YEAR

Hitesh has the power to change your business, your financial future and your lifestyle. I highly recommend him.

Dr Joe. A Varghese

9 Steps To Financial Freedom

FOR BUSINESS OWNERS

Structure

Is the structure right for
you?

Do you have the right structure? Will your current structure protect your business and personal assets, so you do not lose them? We will review this for you.

Tax Review

Are you paying too much
tax?

Are you paying the least amount in taxes? Can you pay less? We will do a full review for you every year.

Operation

What is working ?
What is not working ?

What is working for you? What is not working? We will help you identify areas your business can improve.

Scoreboard

What do your figures say about your business ?

What are your numbers telling you? Numbers always tell a story, so it is a good story or a bad story? We analyse the figures for you and let you know.

Cashflow

How to make it abundant?

How can we use what the numbers tell us to increase cashflow and make it abundant.

Opportunities

How do we make it
better ?

What business opportunities exist or are available so that these can be taken advantage of so that profits and cash can increase?

Invest

How to we create long term
wealth ?

How and where do you invest to create long term wealth? We will work with your Financial Advisor to create a plan suited for you.

Passive

Invest in assets that give us sleep money

Passive income will help you reduce hours you work and reduce your reliance on your business. It will also provide an income in retirement.

Exit & Estate Planning

How to transfer wealth to the next generation ?

At some stage you will decide to exit the business and eventually leave your wealth to those you love. We help you exit your business and set up your affairs so that passing wealth to your loved ones is achieved stress-free with the least amounts payable in taxes.

Hitesh Mohanlal ACA, CA, Author. Lover of cars, his Team & Family, and Passionate About Making a Difference in People’s Financial Lives.

Hitesh Mohanlal is the majority owner of the WOW! Accountants and Business Advisors Group which consists of WOW! Accountants, MediSuccess & CrystalClear bookkeeping.

He is the author of Double Your Profits & Reduce Your Working Hours for Medical Practitioners and The Passport to Wealth & Real Financial Freedom for Medical Professionals, and written two guides for medical professionals; Blueprint for a Wildly Successful Medical Practice for Medical Professionals and The Ultimate Guide for Medical Professionals Who Want to Pay Less Tax!