HJW Carpentry

HJW Carpentry

HJW Carpentry - Using real-time software to make real-time decisions

The Business

HJW Carpentry is a carpentry service that operates throughout the Perth metro area. It specialises in a number of areas, such as heritage restorations/window restorations, internal fixing work, cabinets, and outdoor work. The company has recently expanded to provide commercial carpentry on large-scale projects.

The Challenge

Due to the company’s rapid growth, HJW Carpentry’s owner, Henry Weldon, required a partner to assist with recording, reporting and analysing business performance on a real-time basis.

AR Advisors’ Solution

After a recommendation from a friend, Henry sought out AR Advisors to provide the following services:

  • Establishing the accounting system - We recommended Xero as the platform, plus two add-on software packages.
  • Real-time data reporting – The AR bookkeeping Silver Package was utilised to ensure accurate real-time data.
  • Virtual CFO – We prepared a real-time annual cash flow budget and implemented quarterly KPI and management reports. We meet with Henry each quarter to discuss the company’s performance against benchmarks set at the start of the year. Areas of improvement are then identified and measured in subsequent quarters.

Importantly, we deliver these services through an AR Advisors customised Business Bundle, which provides HJW Carpentry with a packaged offering at a simple annual fee, and ongoing access to advice and support from AR Advisors.
 

My company has grown significantly since inception. Our service offering has expanded rapidly and we needed assistance to ensure what we were doing was going to be profitable from the start.

The team at AR Advisors have provided us with valuable services at all levels at a reasonable price that was packaged, which ensured there were no surprises. We now have the support and systems in place to continue to focus on what we do best with the knowledge AR Advisors is taking care of the details.

Henry Weldon, Director, HJW Carpentry