Day: 7 March 2019

Does Your Construction Business Have a Succession Plan?

We regularly meet with construction business owners in South East Queensland, and it’s alarming the number of business owners who don’t have a succession plan. Not only do they not have a documented succession plan, they often haven’t given it a single thought.   In the midst of quoting, running jobs, managing clients, keeping cashflow …

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Understanding Cash Flow In The Construction Industry

If you’re operating a business in the construction industry, you’re probably quoting on jobs, calculating costs of materials, managing employees and contractors, invoicing and chasing up payments. Perhaps you’re also still on the tools on a daily basis, or managing principal contractor relationships. With all of these jobs to do, it’s not surprising that we …

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The Unique Accounting Needs of the Construction Industry

There are some unique challenges in the In the construction industry that it pays to be aware of and prepared for. With regulation and taxation obligations, it makes sense to ensure you’ve got the right systems in place BEFORE reporting time arrives.   QBCC Reporting If you’re in the construction industry in Queensland, there have …

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