Finding an accountant who was the right fit for their growing business was a key priority for the team at Johnston Plant and Heavy Vehicle Repairs (JPHVR).
Led by Diesel Mechanic, Gus Johnston, the Medowie-based business saw the need for a new accountant as they began to experience growth in 2021.
Read on to find out how our team has helped them with their everyday accounting and helped provide the tools and advice needed to support their growth trajectory.
From humble beginnings
Johnston Plant and Heavy Vehicle Repairs (JPHVR) started in 2018 as a one-man business. Gus was operating successfully as a small business but saw the opportunity to grow in the market after a few years.
Fast forward to 2022, Gus now operates a four-man team with two mechanics, an apprentice and a bookkeeper.
However, with a growing business, an expanding team, and increasingly complicated needs regarding their accounting and legislation, the team sought an external expert to help streamline their finances and put into place a robust business plan for the future.one
A need for more than just an accountant
Prior to reaching out to our team, Johnston Plant and Heavy Vehicle Repairs were working with a small business accountant who had been with them since starting in 2018.
However, in line with the business’ evolution, Gus saw a need to step up their accounting systems and look to someone he trusted for ongoing finance support.
JPHVR wanted an accountant who they could partner with to help facilitate the growth they saw for their business and ensure they continued down the pathway of success into the future.
“I knew David Woodcock through a mutual connection and decided to reach out to Collective Financial Partners to see if they were the right fit.”
“Our previous accountant was great at the time, but we realised we needed more than just an accountant,” Gus said.
Providing advice for growth and success
Since June 2021, our financial planning and accounting specialists, David and Calum have helped the JPHVR team to revamp their financial processes and achieve their business’ vision.
From general bookkeeping and taxation support to advice regarding business goals and succession planning – we’ve played an integral role in supporting the team to take their business to the next level. The business has seen continuous growth over the last year and credits our team for helping to drive their success.
“Calum has been our main contact for day-to-day work and is always available when we have any questions. Dave has been our go-to for the bigger accounting and business discussions,” Gus said.
“Their entire team is easy to work with, friendly and actually take the time to learn about our business and how it works.
“Not many accountants want to know about the ins and outs of the day-to-day, but the Collective Financial Partners team wanted to know everything. And we think that’s what really sets them apart.”
“Knowing our business, how we operate and how we want to operate in the future means they can offer the best advice and service possible.”
Disclaimer: This case study is for illustrative purposes only and is based on specific assumptions. Outcomes will vary depending on individual circumstances and assumptions used.
