The Challenge:
One Group Realty is an award-winning agency based in Melbourne’s north and have sold more than 135 properties during the past 12 months. Despite experiencing rapid growth since the agency started in 2019, they continue to face challenges during this time, including:
- Onerous and outdated accounting practices.
- Ever-growing team presenting payroll compliance burdens.
- Lack of support and reactive approach towards tax planning.
Solutions:
To ensure the back office is running at the same elite level as the front office, One Group Realty relied on Palia Partners for best practice advice and innovative solutions:
- Adopting Xero: Award-winning accounting software for award-winning agency.
- Collaborate: Present real-time financial data, allowing the client to be fluid and make key strategic decisions in an ever-evolving property market.
- Remodel: Review existing tax structure and identify tax inefficiencies.
The Result:
Relying on Palia Partner’s proactive approach towards all tax and accounting matters, the clients were able to focus on growing their business and doing what they do best: selling houses and achieving record prices!
100% Compliant
No late lodgements, no surprises.
60% Growth Rate
Playing a supporting role in their success story.
42% in Tax Savings
Cash flow ‘bonus’ to use for business growth.
