Trades & construction business accounting

As a tradesperson, you don’t necessarily need (or want) to spend your time behind a desk. Even if you are managing a business with multiple employees, you want the flexibility of managing your business on the move. Xero provides you with such flexibility. Xero allows you to use your smartphone or tablet to quote clients and place orders from anywhere, at any time. This allows you to better service clients and reduces the burden of paperwork.

Do you fully understand the compliance requirements and opportunities of employing apprentices? Many tradespeople do not remain up to date with apprentice compliance requirements. The same tradespeople don’t take full advantage of the financial benefits of hiring apprentices. Bizally can ensure that you remain up to date on your compliance requirements and reduce the costs of employing apprentices and other staff.

As a small business cash flow is paramount. If you can improve the speed that you invoice and collect payments, then your business will run smoother, and you will sleep better. This is the benefit of Xero. Bizally can also review your business and suggest ways in which you can improve profitability and collectibles, as well as free up capital that may be locked away in stock or plant equipment.

Did you know your super could do more than just sit there until retirement? With the right plan, it can actually help reduce your tax bill and set you up for a stronger financial future. We’ll help you figure out whether a Self-Managed Super Fund (SMSF) might be the right move for you and guide you through the steps with confidence.

If your super balance isn’t quite enough to get you where you want to be, don’t stress, we can help you look at other ways to invest, including purchasing a commercial property through a different structure. Whatever your situation, we’ll walk you through the process from start to finish, making sure your money is working as hard as you do.

Stay on top of what you’re owed, reduce bad debt risks, and keep money flowing smoothly. 

Bizally can help you set up your Xero accounting system to have greater visibility and control over your cash flow.

Bizally can even help you plan your financial future, beyond your working life. They can advise you on setting up and running a Self Managed Super Fund and other investments. They can also assist you in selling your business and reducing your tax burden from the sale.