Industries

Specialist knowledge to support your specific needs

There are certain areas where very specific law or knowledge is required. We aim to understand your industry’s specific needs, so we can give expert advice that helps you accomplish greater profits and growth.

The sectors that currently benefit from our specialist knowledge and expertise include:

Franchising

You may also have opened a second or more outlets, so you know the business is replicable. Whatever strategy you consider – and franchising is one – most businesses in expansion mode face issues of scalability, access to capital, on-going infrastructural development, the recruitment and retention of good staff, rising wages and complex workplace relations.

We work closely together to determine your expansion objectives, value proposition and market opportunity. We know exactly what it takes to grow a business.

As a broad guideline you need to meet most of the following criteria. A proven business concept: your product or service works, and you’ve built a loyal customer base.

  • Franchise Consulting
    • Technology (Software, Systems, IT Infrastruture)
    • Financial Analysis (Setting pricing structure)
    • Strategy (Investment, target market, and Exit Strategy)
    • Operations and manuals developments
    • Franchise Training (Development of Training Program, Assessments, training manual)
    • Consultation on Agreements (Draft Disclosure Document & FA)
    • Branding & marketing
      • Brand story development
      • Brand strategy
      • Culture and organisational coaching
      • Copywriting
      • Visual identity and design
      • Brand strategy and positioning
      • Website design and implementation
      • Social media management
      • Campaign development
      • Marketing management
      • Product and service experience strategy
    • Franchise Recruitment Coaching and Process
    • Franchise Lead Generation
  • Franchise Accounting & Tax Compliance
    • Tax Compliance and Advisory
    • Business Planning and Financial Forecasts
    • Strategic Business Advice
Property and Construction

The real estate and construction sector has faced significant challenges over recent years but remains one of the Australia's key sectors for employment and growth prospects. Whether you need traditional accountancy services or are looking for broader advice around issues such as funding, tax planning or succession planning, we have the experience to help and guide you.

Pace Advisory Group has a long-established track record of advising businesses involved in property and construction, with a wide-ranging client base across the sector including investors, developers, property managers, builders, estate agents, surveyors and architects.

We advise clients, from self-employed individuals and sole traders to large limited companies, whatever stage their business is at from start-up, growing and developing, consolidating or right through to succession planning and ultimate exit.

Our specialists provide high quality, commercial but pragmatic advice to achieve the optimum solutions for all our clients.

Our core services include:

  • Bookkeeping
  • Accountancy
  • Audit
  • Payroll
  • Tax Compliance and Advisory

Specialist supplementary advisory services include:

  • Business Planning and Financial Forecasts
  • Strategic Business Advice
  • Tax planning (GST, Corporation Tax, Capital Allowances, PAYG, Stamp Duty Land Tax, Group Structures)
  • Exit and Succession Planning

Whatever stage your business is at, you are always likely to need straight talking, honest and realistic advice.

Manufacturing and Engineering

We have been providing proactive business advice for many years to a wide range of manufacturing and engineering businesses, both large and small, producing a whole range of different products. Recently we have been advising clients in these sectors on the key issues facing them such as globalisation, onshoring, staff retention and increased regulation, competition, and automation.

In addition to providing accounting, assurance, and tax services we have significant experience in advising on the following:

  • Research and Development Tax Credit claims
  • Maximising the tax reliefs available on capital expenditure
  • Tax Planning and Corporate Restructuring
  • Management Succession, Business Sales and Acquisitions
  • Review of systems and business processes to identify areas to improve manufacturing efficiency
  • Funding Solutions such as Business Planning and Financial Forecasting Advice
Innovation, Communication and IT

We have an array of clients operating in the hi-tech service delivery environment, from PR, Design and Marketing agencies to Engineering Design and Architect’s practices to IT Support and Web Hosting companies.

A common thread throughout these businesses is generally how integrated their internal systems are with third party platforms and generally how advanced they are in adopting cloud solutions and storage.

To assist clients with this infrastructure we can offer clients an online accounting solution through our partnership with Xero.

As the adage goes ‘information is power’ and when that information is recent, relevant, and reliable and is on your own company’s financial and non-financial data it enables you to make informed business decisions and demonstrate a key discipline to interested third parties. We work with our clients through their online accounting system to access dashboards that can give varying data and printable reports on up to date KPIs and trends such that surprises are few and far between.

A significant number of our clients in this sector are innovating (without even knowing it!) not only in terms of products but in terms of processes and we have helped them claim millions of pounds in Research & Development (R&D) Tax Credits. We are extremely experienced in evaluating and presenting claims to Department of Innovation.

 

Wholesale and Retail

We act for many wholesale and distribution business, both large and small, dealing in a wide variety of products.

This gives us an excellent understanding and insight into the challenges facing our clients and enables our team of specialists in this area to share their experience and knowledge.

For the owner-managed business, in addition to providing the usual accounting, assurance and tax services we have a breadth of experience in advising on management succession and business sale issues. Our internal audit and assurance specialists can review systems and business processes to identify areas for greater efficiency. To help cope with funding issues in the business cycle we can provide business planning and financial forecasting advice.

  • Audit and Assurance
  • Tax Compliance
  • Management Succession, Business Sales and Acquisitions
  • Funding solutions such as Business Planning and Financial Forecasting
  • Review of systems and business processes to improve efficiency

If you would like to discuss our services in more detail please contact SA, Partner on 1300  or email

 

Motor and Transport

Motor and transport is one of the key industries in Australia and contributes $37.1 billion to the Australian economy (2.2 per cent of GDP). Our team, has the sector knowledge to ensure that your issues can be understood and resolved rapidly, enabling you to maximise profits and increase shareholder value. The motor and transport sector encompass a wide range of clients. We view the sector in two key areas, automotive and transport.

Automotive

  • Motor dealerships.
  • Repairs specialists & mechanics.
  • Car hire.
  • Chauffer and taxi services.

Transport

  • Road, freight and logistics.
  • Shipping and ports.
  • Land transport.
  • Warehousing services.

We acknowledge that both areas of the sector have their complexities and therefore have a dedicated specialist team to help manage a wide spectrum of both financial and non-financial management issues. Pace Advisory Group works with clients of all sizes from owner-managed businesses and start-ups, to listed companies.

We have recently worked with motor dealers on expansion plans through both acquisitions and expanding into new manufacturers. We have also provided strategic advice regarding group structures in order to maximise the availability of working capital finance and liaising with manufacturer finance houses. We work alongside our transport clients to ensure they meet the regulatory requirement of the operating licenses.

Providing tailored solutions aligned with your goals Pace Advisory Group can transport your business to new levels.

Medical and Healthcare

Health is a growing business sector which covers a wide variety of sessions and services, each with their own complexities. More and more professional governing bodies are recommending that financial and tax advice is taken from firms that specialise in advising the health sector.

We have a specialist healthcare team that looks after the growing number of GP practices for whom we act and which provides expert advice on a number of areas in the sector.

We have a multi-disciplinary, dedicated healthcare team which has considerable experience in the sector and works with:

  • GPs, locums, dentists, consultants and other healthcare professionals
  • Pharmacies
  • Nursing and aged care homes
  • Private healthcare providers

We provide a range of specialist advice on a number of matters including:

  • Benchmarking practice performance to help maximise income and improve profitability.
  • Projections of directors drawings and current account positions.
  • Tax planning, including reviews and advice in respect to alternative business structures.
  • Capital gains tax planning for practice property.
  • Retirement planning.
  • Practice mergers and collaborative working.

We also provide services to other members of the medical profession, including consultants, registrars or other employees of the medical professions. We can prepare your annual tax returns and advise on claims and planning opportunities.

Our healthcare team also acts for a number of dentists, physiotherapists, opticians, vet, pharmacists and residential care and nursing homes. We provide a full range of services to each of these sectors.

Leisure Hospitality & Travel

Our Leisure, Hospitality and Travel group act for bars, restaurants, pubs and travel businesses of all sizes, from start-ups to substantial private and public companies. We provide the whole range of accounting services including: business advice, audit, tax and corporate finance.

We have developed a deep understanding of the complexities, pitfalls and issues businesses in the industry face, which enables us to offer practical, realistic advice and share areas of best practice to help our leisure, hospitality and travel clients succeed.

Regular contributors to Caterer & Hotelkeeper magazine, and business partners to the Institute of Hospitality, we offer practical, commercial advice, taking into account the legislative and statutory position as well as the operational and practical issues.

We are often a sounding board for our clients, not just on accounting issues, but general commercial and legal areas too. If you are opening your first site, or need assistance in how to take the next step in operations and strategy to branch out with multiple sites, or even how to go about developing an exit strategy, we can help.