Building & Construction

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Building & Construction

From residential to commercial construction, to large infrastructure projects, Quill has been assisting clients in the Building, Construction and Trade industries with their business and regulatory requirements for small business through to large companies.

It’s important to work with a financial adviser who knows how the Building and Construction Industry operates. With numerous industry specific issues that need to be properly understood and processes in place to deal with certain assets, Quill can ensure any regulatory requirements are met to put your business in the best position to succeed.

Do you wish you had someone with a bird’s eye view to see through the cloud and give you clear direction? That is where we come in. Our business advisors become your virtual CFO. We are financial experts that are as invested in the success of your business as you are. If your business isn’t growing, then neither is ours.

We understand the complexities of running a business from our own real life business owner experience over 22 years. It is not easy. Every day you are bombarded with critical issues and decisions about staff, customers, suppliers, government and supply chains. It never stops and the constant pressure must be endured using tenacity that comes deep inside every entrepreneur.

Entrepreneurs are not taught, they are born. Some of us live for success and have that never say die attitude. Entrepreneurs are just born that way. They also get distracted by the next big thing, so our job as your trusted business advisor is to maintain focus on the fundamentals to ensure projects get finalised, and keep you focused on profit and cashflow.

When it comes to cash flow forecasting and structuring, we must be doing something right to have gone from strength to strength over the last two decades. We can help you construct a budget that will not only keep you on track for the next 12 months, but also reach your goals and realise your visions for the next 5 years. Using our specialised financial analysis, we have a proven track record of helping other businesses be successful. Now it’s our turn to help you. Get the right advice and services when you need it, from the right people to help you grow.

Drawing from our knowledge, we understand the industry pressures and can assist you with:

When operating in the Building and Construction Industry it is critical that you have knowledge and understanding of your ongoing obligations with QBCC. How your specific entity structure, turnover and financial position affects your license, reporting obligation and minimum financial requirements.

You can’t just ask your friends within the industry what they do, as requirements will differ depending on individual circumstances. For example, are you a sole trader, operate through a trust or company, are you a head contractor or sub-contractor, does your licence allow for your expected turnover this year and how are your assets protected. You also need to understand the implications of your work in progress, how instant asset write offs, intangible assets and related party loans can affect your NTA (Net Tangible Asset) requirements for QBCC licensing obligations.

It’s also not as easy as repeating the previous year’s obligations, as an assessment of your specific situation must be undertaken each year. This is why working with an adviser that understands the requirements is critical.

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