Construction is a significant driver of economic activity in Australia. It’s a fast-paced industry that can make or break you.
In the building game, our Melbourne construction accountants work with a variety of clients, all holding different target markets within the building sector. Whether it be high-spec homes or low-spec homes, both sectors have to be managed similarly, while also taking into account their differences. Managing sales or even undertaking your own projects is important. Focusing on cash-flow management, contracting reliability and quality, and staff management is the common trend and area that is required.
We have worked with builders to establish workflow management processes and accounting systems implementation to determine job costing and profit analysis. Furthermore, we look closely at how to stand out in a very competitive market. Our leading construction accountants will ensure that these processes are carried out to the highest calibre.
Our Melbourne construction accountants at The Co. have worked with various builders and acknowledge time management as one of the main areas to assist and implement systems. The Co. has continually invested time into helping with the following:
Assisting in obtaining an increased builders license limit
Establishing wealth outside of the building company. By holding some of the properties built, this has provided the builder with more potential exposure to more profitable projects
Diversified works, by taking on clients to help reduce the risk of the work they undertake
Other Industries
Healthcare
The Co. is one of the top healthcare accountants in Melbourne. We work closely with Osteopaths, GPs, and Pharmaceutical companies to maintain up-to-date financial data, allowing them to make better decisions for the livelihood of their practice and betterment of their patients.
Manufacturing
Textiles, motor vehicles or chemicals – manufacturing’s contribution to Australia’s GDP is undeniable, and we’re here to help nurture the process. Our clients in the manufacturing field range from cabinet makers, caravan manufacturers, stonemasons, toolmakers, and many others.
Hospitality
With hospitality being a difficult work environment due to hours of work required and the constant need to find staff due to the nature of the industry, our Hospitality Accountants assist in appointing and working with the owners and managers to find the right people to help with hospitality accounting. We love assisting people in all facets of the Hospitality industry: Venue Owners, Franchises and Managers.