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urban jungle

URBAN JUNGLE LANDSCAPE CASE STUDY

“Not having a clear understanding of the administration side of your business can be risky. Stu and his team at 542 helped me gain control and clarity over my business and uncovered significant areas where money had not been recovered from existing debtors. Since gaining this clarity, we are in a much better position for growth and reliable cash flow” Client
Director, Urban Jungle Landscape

Urban Jungle Landscapes is a landscaping business based in the Sutherland Shire. It began as a small business that received no advice on commencement and had no formal record keeping or method of paying accounts receivables or payables.

The challenge

Although the client was experiencing solid growth from customers, there was a need to streamline the administration side of the business. 542 needed to better understand the client’s debtors and cash flow management and current situation.

The process

Stu and his team set about establishing Xero and Receipt Bank. Client received significant training on both platforms. Wage settings and superannuation requirements were addressed and financing facilities were reviewed along with other available options. 542 Partners introduced debtor follow up procedures and assessed director remuneration.

542 Partners were involved in the entire process ensuring the client had peace of mind and understood the financial and tax advice being given.

The result

Urban Jungle Landscape now has an understanding of their current cost structures and has far greater visibility of the true job costs and the margin they make. They have expanded their fleet of vehicles and machinery and as a result have more capacity for growth and can better manage and visualise the numbers.

Urban Jungle Landscape has an up to date compliance history and is well structured for growth moving forward.

Finally. What you’ve always wanted from your accountant.
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About 542 Partners

With over 4 decades of combined experience in accounting and business advisory, 542 clients get the expertise of a global accounting firm, with the service focus of a true business partner for all stages of business life.

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542 Partners
Suite 305
30 Kingsway
CRONULLA NSW 2230

Office: 02 9527 1782
Fax: 02 9527 9678

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