Mead Partners Chartered Accountants & Business Advisors for Home Builders

Mead Partners Chartered Accountants & Business Advisors for Home Builders We help your construction business grow. We look at your whole business, not just the numbers!

Profit looks good… so why is cash so tight? 🤔Many builders don’t track WIP at all, or they’ve heard of it but aren’t com...
04/06/2026

Profit looks good… so why is cash so tight? 🤔

Many builders don’t track WIP at all, or they’ve heard of it but aren’t completely sure what it means for their business.

The problem is that inaccurate WIP can distort your profit reports, making a job appear profitable when it’s actually losing money.💸

Join Shaun Borg, Partner & Chartered Accountant at Mead Partners, for a practical workshop designed specifically for builders.

In this free online workshop, you’ll learn:
✅ What WIP is and why it’s critical
✅ The difference between under-claimed and over-claimed WIP
✅ How WIP impacts profit and cashflow
✅ How to use a simple WIP template with confidence

📅 Thursday, 25 June 2026
⏰ 11:00am – 12:00pm AEST
💻 Online via Zoom
🎟️ Free to attend

Secure your spot today.
Registration form in our BIO.🔗
👉

✂︎———————————————
Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.


✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

Profit looks healthy… but your cashflow feels tight?You may be:🟢 under-claimedor🔴 over-claimedUnderstanding the differen...
03/06/2026

Profit looks healthy… but your cashflow feels tight?

You may be:
🟢 under-claimed
or
🔴 over-claimed

Understanding the difference is one of the most important parts of WIP for builders.

📣 FREE WIP Online Workshop

📅 Thursday 25 June 2026
⏰ 11:00 AM – 12:00 PM
💻 Online via Zoom

Register now through the link in our bio!

✂︎———————————————
Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.


✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

"Your profit looks healthy… but your cashflow feels tight?Many builders experience this without realising the issue may ...
02/06/2026

"Your profit looks healthy… but your cashflow feels tight?

Many builders experience this without realising the issue may come down to one thing: WIP (Work in Progress).

WIP is more than just an accounting number.
It helps builders understand:
✔️ whether jobs are under- or over-claimed
✔️ if margins are under pressure
✔️ which projects may become risky
✔️ what action needs to be taken next

Good WIP creates:
🔹 better cashflow visibility
🔹 stronger forecasting
🔹 more confidence in decision-making
🔹 less financial stress

When builders understand their numbers properly, they can run their business with more clarity and less pressure.

We’re running a practical workshop for builders to explain WIP in plain English and show how to use it as a monthly job health check.

Register now! Link in BIO.
👉

✂︎———————————————
Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.


✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

27/05/2026

The 2026 Federal Budget could have a major impact on small business owners, builders, property investors and trusts.

These changes are worth understanding so you can make informed decisions around your structure, assets and tax planning.

✂︎———————————————
Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.


✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

Comment [RISK] below and we’ll send you the link to our free risk assessment survey.This easy online survey will get ste...
22/05/2026

Comment [RISK] below and we’ll send you the link to our free risk assessment survey.

This easy online survey will get step 1 done and dusted.

✂︎———————————————
Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.


✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

Fringe Benefits Tax Time – Are You Prepared?The Fringe Benefits Tax (FBT) year ended on 31 March, which means now is the...
20/04/2026

Fringe Benefits Tax Time – Are You Prepared?

The Fringe Benefits Tax (FBT) year ended on 31 March, which means now is the time to review your obligations and ensure your business is compliant.

If you’ve provided your employees with perks such as company cars, entertainment, loans, or discounts, FBT may apply — and overlooking it can result in unnecessary penalties.

We’ve broken down everything you need to know in a simple, easy-to-follow blog:

What’s Covered:
✅ What is Fringe Benefits Tax (FBT)?
✅ What You Should Be Doing Right Now
✅ Key FBT Dates to Remember

Comment [FBT] to get the blog link.

Need help reviewing your FBT situation?
Our team is here to make tax time stress-free. Book a meeting from the link in BIO.

✂︎———————————————
Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.


✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————



👋🏼 Builders: How many of these are you already doing?While every builder’s business is different, it was interesting to ...
17/04/2026

👋🏼 Builders: How many of these are you already doing?

While every builder’s business is different, it was interesting to learn what the top 10 were for our builder clients.

Many of these were uncovered during a simple business improvements audit, with some of the biggest growth drivers from the smallest changes.

➡️ Keen to understand where the largest benefits could be for you?

DM us for a 1:1 session with our business advisors Shaun and John.

✂︎———————————————
Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.


✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

How many of these quoting mistakes are you making?Whether it was one or more, here’s how you can avoid them:➡️ Keep your...
15/04/2026

How many of these quoting mistakes are you making?

Whether it was one or more, here’s how you can avoid them:

➡️ Keep your WIP reporting up to date and use its insights to improve quoting accuracy and increase profitability.

➡️ Create a clear and templated Request For Quote (RFQ) process for subcontractor estimate requests.

➡️ Regularly review, request and negotiate supplier pricing, unlocking competitive pricing and supply advantages.

➡️ Always build in contingencies, using financial and WIP reporting to identify project risks you need to buffer for.

➡️ Aim for a 25% builders margin on all projects.

➡️ Send estimates and get quote approvals in writing (via email).

➡️ Use a quoting tool or software, ideally one that integrates with your accounting software.

Save this post so you it handy for your next business or strategy session and can make improvements to your quoting process.

Don’t have one booked in? Message us for a 1:1 session with our business advisors Shaun and John.

✂︎———————————————
Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.


✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

02/03/2026

Builders 👷‍♂️

If your WIP isn’t updated monthly, you could be running your business on inaccurate numbers.

Incorrect WIP can make your profit look higher or lower than it really is, hide margin blowouts, and create cashflow blind spots — leaving you confused when your bank balance doesn’t match your P&L.

It can also affect bank reporting, loan covenants, warranty insurance, and even distort your KPIs and business valuation.

The solution is simple: update your WIP at the end of each month for every active project, based on actual site progress — not estimates or guesswork.

Need help setting up a proper WIP process?
Book a chat with Mead Partners or download our free WIP calculator.

✂︎———————————————
Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.


✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————


27/02/2026

Most builders are losing thousands on jobs they think are profitable.

Not knowing if they’re overpaying tax.

Missed costs. Underquoted margins.

Cashflow tighter than a Monday morning site deadline.

That’s exactly why we built the Builders CFO Financial Health Check.

We usually charge $2,497 for this.

Right now?

It’s 100% FREE.

(For a limited time, because we can’t do this at scale.)

Here’s what we’ll do:

Deep-dive your margins.

Show you where they stand in comparison to the rest of the industry.

Spot every hidden cost you’re missing in your quotes.

And show you exactly how much you’re accidentally donating to the tax office.

No fluff.

No sales pitch.

Just straight-up clarity.

Because let’s be honest…

You didn’t get into this to work 80-hour weeks just to pay your tradies and the ATO before yourself.

Fix the leaks before they drown you.

Book a free Financial Health Check and Profit Optimisation Workshop NOW!


✂︎———————————————
Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.


✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————


Address

Level 1 Suite 3/785 Toorak Road
Hawthorn East, VIC
3123

Opening Hours

Monday 8:30am - 5:15pm
Tuesday 8:30am - 5:15pm
Wednesday 8:30am - 5:15pm
Thursday 8:30am - 5:15pm
Friday 8:30am - 5:15pm

Website

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