Manufacturing is an important industry in Australia. It enables Australians to build wealth and expertise and to provide products to the local market as well as exporting to the world. We understand the issues surrounding manufacturing and can help make life simpler for you.
Running a manufacturing business can be challenging but can also be rewarding. We understand the pitfalls and look forward to working with you to build your business and grow your wealth. There are many issues to consider when setting up and running your business. They include:
- Initial capital needs
- Working capital
- Cash flow planning
- Tax planning
- GST management
- Product costing
- Inventory management and your work in progress
- Foreign currency management
- Import and export documentation and clearance
- Plant and warehousing costs
- Systems and processes
- Paying yourself and your staff
- Understanding the performance of your business
Having an accountant who understands your needs in the way that we are able to, will help you through all of these issues. We can help you to get useful information in a timely way and ensure that you do not pay more tax than you need to.
At Rucker Financial we have specific experience in dealing with manufacturing businesses. We understand your needs and are keen to talk with you.
If you are a manufacturer or are considering buying a manufactuing business, call us on 03 9874 7255 to arrange an obligation free assessment.