Construction - Economos

Construction Companies

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.

Advisory Services

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.

Accounting Services

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.

Tax Advisory

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

Andrew Sanders, Director

Our experience working with your company continues to be excellent and we are fortunate to have an accounting firm we can rely on and who provide a complete package to service our needs. Over the years your guidance and advice has been an integral and much appreciated part of our success. You are now gaining clientele of our children, so third generation are now heading your way.

Dr. George M Calfas

GMC Medical Clinics I am a very satisfied client for over 15 years now. Both Albert and George are highly professional, have the highest integrity and honesty, place my needs and interests foremost, I have implicit trust in them, know intimately my complex family and business structures such that I can call them any time for advice or to discuss any issues, address all my issues and needs promptly with precise attention to detail. I recommend them to friends as well as to members of my family.

Joe Fusca

"George Shahinian and his team really understand the industry we work in – Commercial fitout. He and Adrian are more than our accountants, they have also been our advisors on all financial matters since day one. My partners and I have always felt comfortable that they have our best interests at heart. They know what they’re doing and are always only a phone call away”.

Mr Mark Herdman

I have been a private client of Economos since I emigrated to Australia in 2004. They assisted me in setting up my Australian financial entities such as a Trust and corporate beneficiary, Self-managed Super Fund with corporate trustee and a partnership. Economos produce tax returns for these entities as well as for the five individuals in our family. They also produce annual financial statements for these entities. Throughout this period, Economos have provided us with a friendly, supportive, thorough, prompt and proactive service. They respond promptly to email or direct meeting requests and proactively contact us should there be a change in tax or superfund legislation with examples of the consequences and appropriate recommendations. We highly recommend Economos for any accounting and tax requirements.

Michelle Vint

Economos have been an invaluable and trusted partner to Regital from day one of setting up in Australia. Their extensive knowledge and pragmatic advise has helped us launch and scale a subsidiary in an environment very different to our home market. They have invested time to get to know us and our business and really get under the skin of our goals and objectives for growth, in turn meaning their services and scope of work have always matched exactly what our business needed at each stage of the journey. Adrian and Sebastian have personally provided us with excellent service, offering us the piece of mind that all regulatory matters are in hand so we can get on with running the company.

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.

With first-hand knowledge of the trade and sub-contractor industry, Economos’ team of financial and tax professionals will help you overcome your challenges and grow your business.