Build your construction company’s future with a firm financial foundation with Economos’ Accounting team. Construction companies face a huge number of variables to succeed in their business. From regulatory requirements that seem to multiply with every building to dealing with adverse weather conditions, trades professionals must find dependable financing, mitigate their risks, and work with strict deadlines to succeed. Economos can help your company leverage both your time and your money to achieve success.
In today’s world, construction companies need more than good partition and carpentry skills. They need a finely tuned grasp of Australia’s—and their state’s—tax legislation, knowledge of the huge number of regulations that govern their business, and extensive knowledge of business processes and accounting.
The problem, however, is that many subcontractors are small—sole traders, start-ups, and small- to medium-sized businesses and with that many times comes the lack of experienced professionals and cash flow to help their small business succeed. Most construction companies rely on an accountant when tax season is upon them. With Economos, your construction business can rely on professional CFO or corporate secretary services for a fraction of the cost a CFO full time.
Owners of construction businesses invest their time planning projects, hiring subcontractors, and working to towards tight project deadlines to getting construction job done. At Economos, we can take the accounting side of the business off your hands. Payroll automation, cloud accounting that lets you see the costs of a given job mount up in real time, and time-tracking services can be yours as an Economos client.
No matter what the size of your construction company, you face a huge pile of tax paperwork. Not only can we complete your returns with accuracy and ensure your business remains compliant but we can also help structure your business for the coming year to help improve cash flow, minimise risk and look at ways to minimise your tax which might involve reviewing your equipment investments.
Private Equity, IPOs, and Other Funding
Our accountants can help you weigh the pros and cons of buying and remodelling distressed properties as well as finding ways to meet all the challenges private equity brings in financial reporting and compliance requirements. We also can help you with due diligence and reporting if your construction business is considering to source new funding or find alternate financing that can give you the funds to expand.
Corporate Secretarial Services
For smaller and medium-sized construction businesses, owners are usually either on the job site or meeting with clients--and have little time for correspondence, routine regulatory paperwork, or other office tasks. At Economos, we provide corporate secretarial services so you can spend more time in your business.
What Our Manufacturing Industry Clients Have to Say
Dr. Stuart Rook
Need a Better Business Accountant in Sydney?
At Economos, we take the time to get to know you and your business. If you’re tired of the cookie-cutter approach to accounting, if your accountants are not being proactive enough with forward thinking accounting, property tax, SMSF and wealth strategies then we need to talk. Get in touch with Economos Accountants in Sydney team today.