Construction
We can help you build a sustainable, profitable business while you build.
The construction industry is one of the most dynamic and challenging sectors in the Australian economy contributing about 9% of the gross domestic product (GDP) and employing more than 1.1 million people.
It requires a high level of expertise, experience, and innovation to manage the complex and diverse projects that involve planning, design, construction, and maintenance. This is why having a strong and reliable accounting partner that can handle the financial and regulatory aspects of your business is so important.
We have been serving clients in this sector for 40+ years, and we have a proven track record of delivering results. Whether you are a construction company, in trade, a developer, an architect, or any other support to the industry, we can help.
We understand the complexities of the homeowners indemnity insurance requirements for residential builders and the financial demands that are being asked. And we offer a range of services tailored to the needs of the construction industry with have a team of qualified and experienced advisors who understand the unique challenges and opportunities that the construction industry faces.
Business Advisory and Consulting Services
We can help you grow and improve your business by providing strategic advice and guidance on various aspects of the construction industry, such as:
Project management and risk management
Contract negotiation and dispute resolution
Business valuation
Succession planning
Funding and financing options for your projects, including loans, bonds, equity, and grants
Risk management and mitigation strategies, including insurance, hedging, and contract negotiation
Business structuring including mergers and acquisitions, joint ventures, and partnerships
Financial Management and Accounting Services
We can take care of your day-to-day financial management tasks, such as:
Recording transactions and maintaining accurate records
Preparing invoices and managing accounts receivable
Reconciling bank accounts and ensuring sufficient cash flow
Generating financial reports
Helping you with budgeting, forecasting, and cost control measures
These services can help you monitor and improve your financial performance, manage your cash flow, and reduce your administrative burden while you focus on building your business.
Taxation and Compliance Services
We can help you comply with the tax laws and regulations that specifically apply to the construction industry, such as:
Annual Tax Returns
Business Activity Statements
Fringe Benefits Tax
Payroll Tax
Navigating Builders Indemnity insurance requirements
These services can help you minimise your tax liabilities, maximise your tax benefits, and avoid penalties and fines.
We are more than just accountants. We are your trusted advisers and partners in the construction industry. We can help you achieve your business goals and overcome challenges that you may encounter along the way.
We can help you build a successful and compliant business that delivers quality and value to your clients and stakeholders. We also know how to leverage our network of contacts and resources to help you achieve your goals.
We are not just your financial advisers, we are your strategic partners.
If you want to learn more about how we can help you with your construction projects, please ring 1300 764 200 or email info@hoodsweeney.com.au.
