The hire and rental industry in Australia offers a wide range of solutions to meet the needs of both individual consumers and businesses across various industries. From general plant hire and DIY equipment to portable buildings, construction vehicles, access services, and event support, these solutions provide temporary access to the resources needed.
Many of these businesses have been owned and operated by the same family for generations. These businesses face unique challenges related not only to their operating and ownership structure but also specific to the sector. Businesses may operate from a single location or across multiple national sites.
Strategic planning is crucial for strengthening profits, supporting a workforce and navigating tax and compliance challenges. Hire and rental business owners must consider both their growth objectives and their personal financial goals when determining future management strategies, identifying the right successor and defining the legacy they wish leave behind.
In this ever-changing industry, it is important for owners and managers to engage qualified advisers who understand the nuances of the sector, can work with you to drive the business forward and provide valuable insights and strategic guidance, so that you can focus on the day-to-day running of the business.
How we help clients
HLB Mann Judd is proud of its strong working relationship with the Hire & Rental Industry Association (HRIA). As the exclusive providers of advisory and accounting services to the association and its members, we strive to offer solutions that help hire and rental companies effectively manage their businesses. This relationship also extends to members of the Elevating Work Platform Association (EWPA) and the Telescopic Handler Association (TSHA).
Business essentials
- Accounting
- Tax planning
- Tax structuring and restructuring
- Budgeting
- Reporting
- Compliance
Advisory
- Strategic planning
- Mergers and acquisitions (M&A)
- Business valuations
- Succession and exit strategies
- Financial modelling
- Sustainability strategies
Personal finance
- Superannuation advice
- Retirement planning
- Personal insurance
- Estate planning
- Personal and business lending
