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Let’s be honest, some people think property development is as simple as sub-dividing and making a handsome profit. Real estate development can include activities ranging from the renovation and the re-lease of existing buildings to the purchase of vacant land and sub-division for sale or building development. Your role is to co-ordinate the activities and usually contract with the builders to construct the buildings at a fixed price.
It’s a complicated business and you need to finance the deal, obtain public approval, develop the building design and program the development process. You control the development and put together the marketing plan to sell the finished product. It’s challenging and the potential returns come with high risk. You may have to work with architects, town planners, engineers, surveyors, inspectors, contractors, leasing agents and solicitors along the way.
Given the financial aspects are so important to the success of your projects you need an accountant who understands the mechanics of property development. Over the past decade, Warrick Nancarrow and his team of accountants have mentored several property developers through the process and you can benefit from our experience and knowledge.
As a business start-up specialist we have also developed a number of practical tools to help you make the right opening moves in your property development business. We can assist you with your branding (business name, logo and slogan) and offer you advice regarding your website design and content, software selection and most importantly, the right structure.
As accountants we can help you with some financial modelling and prepare some ‘what if’ financial scenarios. This let’s us forecast your best and worst case profit scenarios and we can also assist you with your business plan to help you obtain the finance. Using industry benchmarks we can compare the performance of your business against your peers to identify what is working in the business and what needs working on.
Our unique business approach is all about fast tracking your business success and the team at ProActive Accountants & Business Advisors offer property developers a range of accounting, taxation and business coaching services including:
We believe our offering is unique and our pro-active team is incredibly passionate about helping you succeed with your property development. If you're looking for a lot more than just basic accounting and tax compliance services from your accountant contact one of our professional and passionate team members today.
If you're an ambitious business owner looking to start or grow your property development business we invite you to book a FREE, one hour introductory consultation to discuss your business needs. At this meeting you can expect practical business, tax, marketing and financial advice designed to help you accelerate your business success. To make a booking call us today on (03) 9761 0035 or complete your details in the box at the top of this page and let’s get to work ON your business so it's more profitable, valuable and saleable.