Chartered Accountants & Business Advisory

G-Force Constructions and Alliance Accounting
- a strong business relationship

Businessman using a digital tablet to discuss information with a younger colleague

I talk to George and the Alliance Accounting team before I make any business decisions. He is my business accountant, he is my business advisor and my mentor. I don’t take a single step without talking to him first.”

George Germanos and the team at Alliance Accounting provide a wide range of important services to George Jreige and his construction business.

Jreige and Germanos have been lifelong friends, so it made complete sense for Jreige to seek Alliance Accounting’s advice when starting a new company.

Top view of a construction site with workers

Growing construction business

After years working for other people within the construction industry, Jreige decided it was time for him to step out on his own, and in 2011 G Force Constructions was born. With Germanos’s help and guidance, he embraced the new project and now runs a highly successful business.

I told George that I wanted to start a business, and he helped me work out exactly what I needed. He walked me through setting up the business structure and assisted me with everything right from the beginning.

We have grown so much over the past nine years… we started with just me and one employee, and at our peak we had 60 people employed across the business. The numbers do fluctuate, but I wouldn’t have been able to achieve this without the help of Alliance Accounting.”

Two men wearing construction safety gear while on the site

Complex construction accounting

Having someone who understands the complexities within construction accounting has been critical for Jreige over the years. More recently, during 2020, the Alliance Accounting team has provided him with extremely valuable advice in relation to asset purchases.

We bought our latest trucks and excavators in the middle of 2020. But before we made the decision to buy, I sat down with George and we ran the numbers. He assessed what we could do and he guided me through.

This was in the height of COVID-19 and had lots of potential risks. But after reviewing the accounts, it was a risk I was willing to take. George offered sound advice after thorough analysis… he looked at both the business affordability but also the tax implications. With the Government’s changes to instant asset write-off, it ended up being highly beneficial.”

Men working on a construction site

Extended professional network

Not only does Jreige rely on the Alliance Accounting team for their business accounting expertise, but he also taps into their broad professional network to find other important service providers.

My external service providers are all recommended through George – financial services, mortgage broker… he has access to an excellent network. As a highly involved member of the local business community, I know that he has lots of other professional connections. For the business, this has been really beneficial… I wanted to take the pressure off my wife, as we are about to have our second child.

She looks after our administration and bookkeeping work. George immediately had a list of bookkeepers that he was able to share with me and give me information about. He doesn’t just say ‘find a bookkeeper’ and leave me to do it… he finds a way to help, even when it’s outside their range of services.

I think this is a real point of difference in their service. They look after my business like it was their own; I know they care about my success.”

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