Build It and the Money Will Come: Master The 5 Secrets to a Successful Building and Property Development Business

by Tony Dimitriadis

Overview

Are you frustrated with your financial position?

Do you have the most tax-efficient structure for your business?

Do you want more control over your business and your life?

Finally, there is a book for ambitious business owners in the building and construction industry to help them avoid financial pitfalls, increase their profits and take control of their businesses and their lives.

Build It and the Money Will Come demystifies financial management in a simple and practical way. This is a book that focuses on the real issues facing businesses and targets those issues in a simple, five-step framework any business owner can implement.

Mastering the five secrets will ensure you have a plan for the future, be structured appropriately, meet all your commitments, and have the best systems in place for building a financially rewarding, tax-efficient, lifestyle business.

This book does exactly that and will give you all the financial tools to master your business completely.

Product Details

BN ID:	2940165334344
Publisher:	Grammar Factory Publishing
Publication date:	05/24/2017
Sold by:	Draft2Digital
Format:	eBook
File size:	975 KB

About the Author

TONY DIMITRIADIS is a Certified Practising Accountant (CPA) and has successfully run his tax and accounting firm, AD Partners, for more than two decades. He has published a range of articles offering simple and practical tax and business advice online at www.adpartners.com.au.

Table of Contents

Introduction

• Build it and the money will come
• Who am I?
• Keep it simple, stupid

Chapter 1: Strategy

• Where are you going?
• Defining your mission statement
• Creating a vision statement
• Defining your values
• Setting your one- to three-year goals
• Where are you now?
• Profit and loss statement
• Balance sheet
• Statement of cash flow
• Putting it all together
• How will you get there?
• Business benchmarks
• Key performance indicators
• Taking action
• Measuring your progress

Chapter 2: Structure

• What are the options?
• What should you be thinking about?
• Asset protection
• Tax minimisation
• Control
• Active or passive income
• Cost
• Ease of administration
• Ability to adapt
• Succession planning

Chapter 3: Statutory

• Compliance requirements
• Tax
• Superannuation
• Workers' compensation
• Payroll tax
• Land tax
• Stamp duty

Chapter 4: Systems

• Managing cash flow
• Creating a cash flow forecast
• Maximising your working capital
• Managing payments to suppliers
• Managing work in progress
• Managing debtors
• Managing finance
• Getting the most out of debt finance
• Refinancing
• Troubleshooting

Chapter 5: Support 79

• Working with a virtual CFO versus doing it yourself
• What are the different ways a virtual CFO can help you and your business?
• How do you choose a virtual CFO?

Conclusion

Appendices

• Appendix A: Taxation issues for property developments
• Appendix B: Structuring your property development
• Appendix C: Property development and GST
• Appendix D: The Small Business Restructure Rollover