Electrical Tenders: A Guide for New Electrical Contractors, The importance of accurate electrical tenders

June 28, 2024

Maximise Your EOFY with Esti-mate Electrical: Tax Tips and Savings!

As EOFY is approaching, it’s time to take a closer look at your business financials. At Esti-mate Electrical, we understand the importance of making the most out of this time and saving you valuable time and money. In this blog post, we have some exciting offers to share with you that will not only simplify your tax process but also enhance your business’s overall efficiency and profitability.

 

The Better Business Owner Course: A Collaboration with Helix Planning

To ensure you have all the knowledge you need to navigate the complex world of being a Business Owner, Esti-mate Electrical has teamed up with Helix Planning to offer you a special discount of $100 on their Better Business Owner Course. It is designed for Business Owners who want to build their confidence in making smarter decisions faster, so you make more profit with less stress.

 

Module 1 – Business Basics

Learn and understand the foundational importance of business and its impact on long term success. Including – Technical Specialty vs Business Owner, Business Research, Entity Structure, Contracts, Business Why, Business Goals, Poverty Consciousness, Financial Knowledge, Business Culture, Brand and Identity, Intellectual Property, the SPAM Act, Understanding Compliance and OH&S, Communication and Quality of Product or Service.

 

Module 2 – Systems & Processes

Learn effective systems for a sustainable and scalable business. Including – Client Onboarding, the Customer Journey, Business Needs Assessment, Systems & Software Requirements, Lead Funnels & Client Acquisition, Business Efficiencies, Creation of Business Goals, Communication, Client Relationships and Retention, Financial Management, and what is a Saleable Asset.

 

Module 3 – Understanding Financials and Impact on Profit


Learn to understand basic Financial Management. Including – Understanding Financial Terms including basic Financial Literacy, Understanding the components of Financial Management: Book and Record Keeping, Correct Data Entry and Statutory Requirements; and Understanding Financial Statements, Impact of Breakeven and Quoting or Pricing for Profit.

 

Module 4 – Cashflow Forecasting

Learn the ability to forward Cashflow Forecast. Including – Why Business Success requires Forward Cashflow Planning, How to read Financial Statements, the Impact of Breakeven and Pricing for Profit, the difference between a Budget and a Cashflow Forecast and why it matters, and then How to Cashflow Forecast.

 

Module 5 – Business Goals

Create a Defined Goal Set and an Accountability Plan. Including – Business Goals, Volume/Sales Targets, Business Success Map, 12 month plan, 5 year plan, embracing Emerging Tech and Automation, Exit Strategies, Future Proofing your Business, Business Planning Mindset, and Accountability.

 

Module 6 – Building Relationships

Create a Relationship Building Value Proposition and Networking Development Plan. Including – Your Elevator Pitch, Business Relationships: How to build them and maintain them; Business Networks, Networking, Social Anxiety, Industry and Client Relations, Building Technical Knowledge Networks, Coaching, Problem Solving, creating Solid Products or Services .

 

Module 7 – A Holistic and Sustainable business

Learn Cognitive Awareness of the interaction between the different components of a business. Including – What is Sustainability in Business, the connection between our learnings thus far, How to achieve longevity, Avoiding Burnout and Quality Client Outcomes.

 

Module 8 – How to be a successful business owner

Create solid business foundations and develop technical skills for quality client outcomes. Including – Business Foundations: Authentic Brand and Owner Reputation, Technical Knowledge, and Relationships; Business Owner Mindset: Emotional Intelligence, Business Acumen, Boundaries, Unconscious Competence and Confidence in Decision Making; Quality Client Outcomes: Satisfaction in what you do and why, Repeat Business and a Sustainable and Saleable Asset.

 

Module 9 – Business Tax Basics

Perfect for all business owners, but particularly those new to business or simply want to know more and fully understand how tax works in their business. Including- Business structures and tax implications, Income tax basics for businesses, Depreciation, Payroll and Single Touch Payroll, Superannuation Reporting, Record Keeping and Compliance and Goods and Services Tax (GST).

 

Module 10 – Advanced Tax

The Advanced Business Tax course is for those business owners who have a basic level of tax knowledge and would like to better understand how to get the most out of their business from a complex tax point of view. Including- How to get cash and profit out of your business, Personal Services Income, Tax Planning, Fringe Benefits Tax (FBT), Exit Planning.

 

By completing this course, you’ll be equipped with the knowledge to make better business decisions faster, make more profit and leverage that information to benefit your Business Owners Mindset and business’s financial health. Use coupon esti-mate to get started right now, and by adding this purchase to this financial year, you may even reduce your outgoing tax bill*!

Click here to redeem your code and start the course!

 

Esti-mate Electrical Estimating Subscription Discount

In addition to our collaboration with Helix Planning, Esti-mate Electrical is thrilled to offer a special discount on our electrical estimating software subscription. Say goodbye to time-consuming spreadsheets and hello to a more streamlined and accurate estimation process. With our software, you’ll experience the following benefits:

Time-saving: Our software automates manual tasks, allowing you to estimate projects faster and more efficiently.
Increased accuracy: Ditch the spreadsheet errors and rely on our software’s precise calculations for improved cost accuracy.
Streamlined workflow: From creating estimates to tracking costs, our software provides a seamless workflow that keeps your projects on track.
Enhanced profitability: By saving time and improving accuracy, you can bid more competitively, win more projects, and boost your bottom line.

 

We’re here to support you in maximising your business’s potential. Take advantage of our collaboration with Helix Planning to gain valuable tax insights and ensure compliance, while also benefiting from our discounted estimating software subscription. With Esti-mate Electrical, you’ll save time, improve cost accuracy, and say goodbye to spreadsheet headaches. Get ready to take your business to new heights this tax season!

 

Don’t miss out on this opportunity to upgrade your estimating process and enjoy exclusive savings on our software subscription!

 

You can book in to a one on one Tendering Tips tutorial with our director here or if you’re looking to take your estimating game to a new level, check out our monthly Estimating Night course here – Run by our director and the course coordinator at NECA, Steve.

 

*speak to your Accountant to get a better understanding of your business tax position and implications, and do Modules 9 & 10 first to understand them!

Got questions? Ask us.