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Childcare Accounting Advisory

Unlock the Potential of Your Childcare Centre with Our Expert Childcare Accounting Advisory Services!

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A group of children doing some art activities | Advivo

We work with childcare centre owners to reduce stress and provide a strong platform for growth, improving the efficiency of the centre and ensuring their financial reporting is optimised for peak performance. That way, centre owners and senior management can spend more time on improving and maintaining occupancy levels as opposed to basic operational chores.

The childcare industry is seen by many as a highly profitable and protected industry, with an unusual combination of..

  • High regulation supported by government assistance
  • Historically strict controls over new childcare centre approvals
  • Tough barriers to entry, both financial and regulatory, with the rules for becoming an approved provider continuing to increase.
Now more than ever it is important to work with a business advisory practice that has the right industry experience. Our Managing Partner has been involved in the childcare industry for over 20 years, including having had the responsibility as a designated childcare specialist as Senior Banker, where he managed an extensive childcare portfolio.

Our Services Include:

  • General childcare centre accounting. We work with centre owners & senior management to provide customised reporting on agreed KPIs, strategies and action plans.
  • Management reporting: providing meaningful and relevant reports to assist and support the team, making management more effective.
  • A childcare-focused bookkeeping and payroll support at a low cost to free up staff and reduce costs.
  • Business advice on standardisation and best practice in the industry
  • Preparations for sale, providing customised financial reports for valuation purposes and appropriate taxation advice to minimise capital gains impact.
  • Purchase assistance including due diligence, structuring and taxation advice.
Image depicting an art or craft activity involving children and an adult | Advivo

Contact Us Today About Our Childcare Accounting Services

The profitability of a centre can be influenced by several factors. Occupancy is one key aspect, which can be a function of the centres’ maturity levels or changes in management or ownership. However, occupancy is a lagging indicator; Advivo will work with you to implement strategies to improve your occupancy. Other key factors include the age of children attending, the level of services offered and resultant staffing requirements and rostering, all of which need to be monitored and tracked. Advivo provides the insights needed to ensure profitability is maximised at all levels.

When Advivo works with the management team, we free them up to attend to the task of managing the centre and ensuring the children are their priority. We ensure the right systems and tools are in place and that the right people are doing the right job to take the pressure off the centre owner.

We also understand the concerns, as with any industry that is highly regulated and dependent on government support, that new governments are prone to change the legislation. We make sure we understand these changes, and their impact on financial management and become true business partners to our childcare centre clients.

For many years we have said the cost of starting or purchasing a new centre was prohibitive and, as such, formed a natural barrier to substantial increases in competition. However, in more recent times we have seen a substantial increase in new development approvals for centres and subsequent new centre openings, which has dramatically increased the level of competition.

For many years we have said the cost of starting or purchasing a new centre was prohibitive and, as such, formed a natural barrier to substantial increases in competition. However, in more recent times we have seen a substantial increase in new development approvals for centres and subsequent new centre openings, which has dramatically increased the level of competition.

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Testimonials

I have had the pleasure of engaging the services of Advivo this past year. Leon has been so helpful. He is not only extremely wise and knowledgeable, but also compassionate and caring. He has never made me feel foolish when I have asked questions. In fact, he has gone “above and beyond” in assisting us with our goals and our queries and providing specific business advice.
Kate Stephens
Leon was incredibly helpful and knowledgeable. Nothing was to much trouble to him. He is easy to contact if you need an answer quickly and he always get back to you. I got a great outcome. I would thoroughly recommend Leon.
Sharon Boyce
Very pleased with the excellent customer service that Eric has provided to us. Could not have asked for anymore, Eric was very professional and is also very knowledgeable in his role.
Angela Holmes-Barry
Leon is amazing and extremely helpful. His knowledge really helped me to build my business and figure out what suits the best. Leon and his team are always approachable and supportive! A great team to work with.
Cindy Kang
I have known Dale from Advivo for over a year now. Dale is always professional, friendly, generous with his time and a pleasure to work with. Thank you Dale for your strategic advice.
Sacha Millar
My favourite thing about Advivo is how approachable they are. They’re very easy to talk to and really know my business. Also, their fixed fees make a huge difference as a small business owner - with other firms, you’re always afraid to call as it might cost you a fortune, but the team at Advivo make me very comfortable to reach out whenever I need help or advice.
Marrie Warren | Flexitray Australia
Marrie Warren | Flexitray Australia
Advivo has helped me manage the finance side of my business so I can focus on other aspects of the business. With Advivo’s assistance, my books are tidy and controlled and it is comforting knowing that I have the full support of the entire Advivo office.
Concut Pty Ltd
Concut Pty Ltd
We are very happy with Advivo - they have exceeded our expectations and it really has started changing our way of thinking about the business. From an operational side, we are now being innovative where we once weren’t. Advivo has fine tuned our business in every aspect, and this has improved our product development.
Xtra Insights (general)
Xtra Insights (general)
We engaged with Advivo to work through a business insights workshop, to understand our sales process and how best to take the business to the next level. Working with Leon was a joy. He was easy to talk to, and he very quickly comprehended what the business was all about. He came up with some great ideas, aspects I hadn’t thought of, and new ways of looking at things. Our business service is new to the market, and now I understand how to best articulate our competitive advantage, the value that our business offers our clients, and have confidence to charge the right price.
Sharon Musker, Founder | WiseUp Energy Solutions
Sharon Musker, Founder | WiseUp Energy Solutions
As a start-up about to go to market, our research and development has been quite expensive, and funding has come from many different places. Chris helped me ‘clean up’ and restructure, so now we are very neatly presented which makes us stand out from the start-up crowd looking for investors. Chris is our go-to advisor. He helped us make better use of our resources and always comes up with great creative ways to help us attract new investors. He has been nothing short of excellent.
Phil Croft, Managing Director | Box Dark Industries
Phil Croft, Managing Director | Box Dark Industries

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