- Home
- About Us
- Services
- Industries We Serve
- Automotive Mechanics
- Beauty Therapists
- Builders
- Cafes & Coffee Shops
- Carpenters
- Cleaners
- Computer & IT Consultants
- Dog Wash & Pet Grooming
- Earth Moving Excavators
- Electricians
- Florists
- Franchises
- Gyms & Personal Trainers
- Hairdressers & Barbers
- Hotels & Bars
- Importers & Wholesalers
- Landscape Gardeners
- Lawn Mowing Contractors
- Manufacturers
- Masseurs Wellness Centres
- Medical
- Mortgage Brokers
- Motels & Accommodation
- Musicians & Artists
- Optometrists
- Pet Shops
- Pharmacists
- Pizza Shops
- Plumbers
- Property Developers
- Real Estate
- Restaurants
- Retailers
- Solicitors
- Supermarkets
- Tradesmen & Builders
- Travel Agents
- Vets
- Client Newsletters
- Client Services Directory
- Business Library
- Useful Links And Forms
- Contact Us
- Starting a Business
- Self Managed
Super Funds
- Negative Gearing
& Property
- Accounting for
Trades People
- Accounting for
Musicians & Artists
- Accounting for
Restaurants
- Accounting forHairdressers & Barbers
- Accounting for
Cafes & Coffee Shops
- Accounting for
Franchises
- Accounting for
Retailers
- Accounting for
Medical
 |
 |
Accounting for Earth Moving & Excavators
Running an excavation and earthworks business is hard work. It is dangerous work and apart from the physical demands of the trade you also need to contend with long hours, safety regulations and deadlines.
While your clients expect you to complete bobcat work, excavation, trenching, levelling, site cleans and dirt removal, bookkeeping and tax often don’t the attention they deserve. While GST, BAS and tax payments often represent some of the largest financial obligations for a excavator or earth moving business owner, many end up paying too much tax and incur fines for non-compliance.
Here at Linda McGowan Pty Ltd we understand what is involved in running a successful excavation and earthworks business. Apart from the usual small business compliance issues of GST, BAS, PAYG and superannuation, we can assist you with managing your cash flow and help you obtain finance for your bobcat, trencher, post hole drill and tipper truck. We’ll make sure the finance is structured for maximum tax effect and help you select the most appropriate accounting software for your business and manage your payroll and sub-contractors.
THINKING OF STARTING AN EXCAVATION OR EARTH MOVING BUSINESS?
As a business start-up specialist Linda McGowan and her team of accountants have helped dozens of excavators and earth moving business owners get their business off to a flying start. We offer you experience, technical tax knowledge and most importantly, an intimate understanding of your industry.
We have also developed a number of practical tools to help you make the right opening moves including our start up expense checklist that will help you identify all your potential establishment costs including tools, equipment, IT expenses and marketing costs. These figures then automatically feed into a cash flow budget template to produce a forecast profit and loss for your first year of trading. We can also help you put together your business, marketing and financial plans using our in-house templates.
Our marketing expertise is a big point of difference compared to traditional accounting firms who are generally compliance centric. We can assist you with your branding (business name, logo and slogan) and offer you advice regarding your website design, content and search engine optimisation. We can also supply you with templates for your letterhead and business cards plus help you harness the power of social media to win more business.
Through our affiliate partners we can assist you with vehicle finance (chattel mortgage or lease) and even get you a fleet discount on your new car, ute or light commercial van that could potentially save you thousands of dollars. That’s just the beginning because as accountants we can do some financial modelling and prepare some ‘what if’ scenarios to identify your best and worst case profit scenarios. Next, using industry benchmarks we can compare the performance of your business against your competitors so you understand what is working in your business and what needs working on.
Our unique Business Accelerator Process is all about fast tracking your business success and the team at Linda McGowan Pty Ltd offer you a range of accounting, taxation and business coaching services including:
- Start-Up Business Advice for Excavation & Earth Moving Business Owners
- Advice regarding the Purchase or Sale of your Business
- Tools including the Start-Up Expense Checklist and Templates for a Business Plan, Cash Flow Budget, Letterhead and Business Card
- Advice and Assistance with the Establishment of Your Business Structure
- Tax Registrations including ABN, TFN, GST, WorkCover etc.
- Preparation of Business Plans, Cash Flow Forecasts and Profit Projections
- Accounting Software Selection and Training – Bookkeeping, Invoicing, Quotes & Payroll
- Preparation and Analysis of Financial Statements
- Preparation of Finance Applications
- Bookkeeping and Payroll Services
- Tax Planning Strategies
- Assistance with your Marketing including your Branding, Corporate Brochure etc.
- Advice and Assistance with your Website Development, Content and SEO
- Wealth Creation Strategies and Financial Planning Services
- Industry Benchmarking and KPI Management
- Vehicle & Equipment Finance (Chattel Mortgage & Lease)
- Monitoring and Controlling Labour and Sub-Contractor Costs
- Advice & Assistance with Pricing your Services and Claiming Motor Vehicle Expenses
- Recession Survival Strategies
- Advice regarding Employee Relations and Workplace Laws
- Business & Risk Insurances (Income Protection, Life Insurance etc.)
- Business Succession Planning
We are a unique accounting firm who service a number of earth moving business owners from all around Australia. If you are looking for strategies and tools to grow your revenue and profits call us today on (03) 9383 2700 to discuss how we can help you build a better and more profitable business and increase your personal wealth.
