Construction
Even when times are good, the construction industry faces challenges. Home builders worry about steadily rising construction costs. The commercial construction sector worries constantly about an economic slowdown that can put plans on hold indefinitely. And sub-contractors know that a boom doesn’t always mean profit if their costs get out of control. For all industry players, big and small, the key to survival and success often comes down to keeping costs in line no matter how well the market is doing.
BDO is ready to help meet those challenges with you according to your area of industry:
- Residential
- Commercial
- Sub-Contractors
Residential
As Canada’s housing prices continue to climb so do construction costs. According to the Canadian Home Builders’ Association, its 7,000 member firms feel squeezed by the rising cost of serviced lots coupled with a growing labour shortage, and the usual concerns over taxes and regulatory paperwork.
BDO Dunwoody can help ease some of the pressure. Our internal audits can track your costs so you know where every dollar goes. Our tax planning can help detect unwanted surprises in payroll and corporate income tax, and make sure you pay only the taxes your business owes.
Commercial
In commercial construction efficient project management and cost control makes the difference between success and failure. BDO Dunwoody will keep you on top of your development with our audits and reviews. When raising capital, our business valuations and special reports add considerably credibility to your strategic plan when you go before lenders.
Sub-Contractors
As a small business, sub-contractors need the services of an accounting and advisory firm. BDO can perform general bookkeeping, help with GST/HST tax reports, and audits that show where your business stands. BDO’s specialists can handle the details so you can get on with the job.
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