Liston Newton Advisory has a proven history of helping architecture specialists like yourself reach greater business success.
Whether you need help scaling your business, managing your cashflow, or with tax planning, bookkeeping and payroll services, we can optimise your processes for maximum efficiency.
Tax and wealth planning
We have more than 40 years of experience providing accounting services for architects.
From business structuring and tax planning to invoicing, payroll services and bookkeeping, we’re here to offer you the best service.
We work closely with you to understand your unique business goals, both now and over the long-term.
We have the latest accounting technology and software solutions to help streamline and automate your business processes.
We assisted our client with his Hawthorn-based architecture business. We began by implementing Xero software to support invoicing and tracking efficiency.
Next we helped him to set profit targets and tracking, conducted personal wealth planning, created a self managed super fund, and assisted him with the purchase of an investment property.
The main outcomes so far have been improved cashflow and the implementation of key processes to help maximise future wealth creation.
We're a specialist accounting and business advisory firm with many years of experience in the architectural industry.
Quite simply, we exist to grow our clients brick by brick on the road to financial freedom.
Whether you’re looking for strategic advice or day-to-day accounting support, we’re ready to help.
Project-based billing is the best way to improve cashflow. Once an invoice has been issued, it’s important to send regular client reminders. Online accounting software such as Xero can also be set up to provide auto-reminders and summaries of outstanding payments.
As with most professional services, architects should be aiming for a gross profit of between 55% and 65%. The best way to achieve this is to analyse every client job to ensure that you hit this target every time.
A gross profit of around 60% will likely result in a net profit (before tax) of 25% to 35%.
To learn more about consolidating your profit targets, get in touch with the architectural accounting team at Liston Newton Advisory.
Some of the main indicators you should keep track of are Gross Profit, Net Profit after Tax, Debtor Days (i.e how long it takes to get paid), staff billing capacity, number of proposals generated per month, and number of proposals won.
We offer the best advice and support for architects like you. Talk to the experts today.