Manufacturing

Accounting for Manufacturing Companies

NEW WAVE ACCOUNTING & BUSINESS ADVISORY
Get in touch with our team!

We’re Accountants for Manufacturing Businesses

Our team of manufacturing accountants bring a wealth of experience and expertise in providing comprehensive accounting services to businesses in the manufacturing industry. From helping you manage your day-to-day financial operations to offering specialised support and finding financial opportunities, we’re confident our services will be able to help your business succeed.

Our services range from the foundational aspects of business setup and structuring to advanced tax savings strategies and support for business expansion.

Services Our Accountants Offer Manufacturers

Business Setup & Structuring

Advising on the most efficient business structure to enhance tax efficiency, mitigate liabilities, and support your business’s growth trajectory.

Tax Planning and Compliance

Implementing strategies to minimise tax liabilities while ensuring full compliance with Australian tax laws and regulations laid out by the ATO and other bodies.

Growth and Scaling Advice

Providing insights and strategies with business coaching and business advisory services to help your business expand its operations, enter new markets, and increase profitability.

Financial Management and Reporting

Offering real-time financial insights to inform decision-making, improve operational efficiency, and drive business performance.

How We Assist with Accounting for Manufacturing Companies

Business Setup and Structure Guidance

Starting a manufacturing business involves navigating through a complex landscape of financial, legal, and regulatory challenges. With the experience we’ve shared working with clients in this industry and similar, we’ve learned the intricacies of establishing a solid foundation for your manufacturing company. Our services are designed to simplify the process, focusing on essential elements like tax requirements, business compliance, and structuring your company for success.

We offer guidance on:

  • selecting the right business structure (such as sole trader, partnership, company, or trust) to optimise tax efficiency and minimise liability.
  • understanding and complying with industry-specific regulations and standards.
  • implementing accounting systems that support scalable growth and efficient financial management.

Our goal is to make the initial setup process as straightforward as possible, enabling you to focus on your business operations and growth strategies from the outset.

Growth and Scaling Strategies

Our support extends beyond the initial setup of your manufacturing business. Whether you’re already working with an accountant or looking for new advisory services, New Wave Accountants & Advisors is equipped to assist in identifying and overcoming growth barriers. We provide comprehensive advice tailored to the unique challenges of the manufacturing sector, aimed at maximising profits and facilitating business expansion.

Our growth and scaling strategies include:

  • Conducting thorough reviews of your current financial and operational strategies to identify areas for improvement.
  • Offering innovative solutions to overcome obstacles to growth, including efficiency improvements, cost reduction strategies, and market expansion tactics.
  • Providing business coaching and business advisory services focused on profit maximisation, including strategic planning, investment analysis, and revenue enhancement initiatives.

By partnering with New Wave, you gain access to dedicated support aimed at not just sustaining your business, but actively expanding it. Our expertise in the manufacturing sector enables us to deliver targeted advice and strategies that drive tangible results.

How Our Accountants for Manufacturing Businesses Get it Done

Manufacturing Business Structuring

Our experience helps us to offer strategic advice on the optimal structuring of your business. Choosing the right business structure is crucial for achieving tax efficiency, ensuring profitability, and protecting against liabilities. We provide guidance on the advantages and disadvantages of operating as sole traders, companies, trusts, or partnerships, tailored specifically to the manufacturing sector. Our aim is to establish your business in a manner that not only meets current regulatory and tax obligations but also positions you for future growth.

Bookkeeping Solutions

Effective bookkeeping is the cornerstone of sound financial management. At New Wave Accountants & Advisors, we focus on streamlining your bookkeeping processes to ensure compliance and provide clear financial insights. Our solutions are designed to support the growth of your manufacturing business through efficient tracking and analysis of financial data. 

By simplifying the bookkeeping process, we free up your time and resources, allowing you to concentrate on core business activities and strategic development.

Second Opinions on Accounting and Tax Returns

We offer services to review your company’s past financial statements and tax returns, identifying areas where potential savings and overpayments can be recovered. 

Our second-opinion tax review process is thorough, aiming to ensure that your business capitalises on every opportunity to maximise profits and achieve tax efficiency. We stand behind the quality of our review process with a guarantee of maximised profits and tax return savings, demonstrating our commitment to your business’s financial success.

Aligning Your Goals with Ours

At New Wave, we believe in building partnerships based on shared goals and continuous support. 

Our team is dedicated to providing year-round planning, advice, and growth strategies, focusing on profit maximisation for your manufacturing business. We commit to maintaining open lines of communication, ensuring that you have access to the guidance and support needed to make informed decisions. Our approach is to work closely with you, aligning our strategies with your business objectives to drive sustainable growth and profitability.

Why Choose New Wave to be Your Accountants for Manufacturing?

Choosing New Wave’s accounting services for manufacturing companies means opting for a partnership that brings essential expertise and insights to foster your business’s growth. We’re not your typical dinosaur accountants. We’re proud of our approach and offer services with:

  • Transparent and fixed-free pricing on packages
  • Honest, open communication
  • Honest advice, backed by a wide range of experience in accounting services in an equally wide range of industries
  • A dedication to your growth as a business in the manufacturing sector

We’re ready to be your financial partners, advisors, and number-one fans. Contact us online or call our friendly team to learn how we can help your business grow with advisory and accounting services for manufacturing.

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NEW WAVE ACCOUNTING & BUSINESS ADVISORY
Get in touch with our team!

Frequently asked questions

Each year, New Wave hosts a Charity Golf Day gathering Gold Coast business owners and professionals together to raise money and support local causes – see video of our latest event below. Our next event is currently scheduled for 2023. If you are interested in attending or want to get involved with sponsorships, get in touch with our office 07 5504 1999.

New Wave Accountants and Business Advisory is a modern accounting firm providing tailored business solutions to businesses on the Gold Coast and across Australia. We assist clients with: Accounting, Business Review, Cloud Software, Business Setup, Tax, BAS Compliance, Business Advisory & Growth, Management Accounting and Virtual CFO services. At New Wave, our mission is to empower, excite and build confidence in small businesses by providing clarity in their figures.

We do not currently offer tax returns for individuals only as we primarily support small to medium sized businesses. However, an individual’s tax return will be prepared by us if they have a business structure.

As Business Advisors, we don’t just focus on tax, but look at ‘out of the box’ strategies to start, grow, and scale our client’s businesses. We provide world class communication both internally and towards our clients.

  • We have saved more than $3.5 million in tax for our clients over the last 12 months
  • We are not your Traditional Dinosaur Accountant
  • We don’t charge by the hour
  • We specialise in Small Business

We are RESULTS DRIVEN Accountants. We are passionate about small businesses, and we truly believe we are making a difference through not only changing our clients lives but also the lives of our team members. We offer more than just tax, but look further into how to improve profits, save tax and maximise cashflow

Every business is different and therefore has unique requirements. You can start by booking a free initial consultation with one of our Accountants / Business Advisors to help us understand your requirements and come up with a plan to assist you and your business needs. To book a free consultation, please contact our reception on 07 5504 1999.

We understand small businesses and have worked with over 800+ businesses across various industries. We also provide tailored services for specific niches such as Ecommerce, Construction, Medical and Allied Health.

We offer a $150+GST for 30-minute initial consultation with one of our Accountants / Business Advisors. To book, please contact our reception on 07 5504 1999.

Our Location

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8:00am-5:00pm Monday - Thursday
8:30am-2:00pm Fridays
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