From Contractors to Founders
Learn how Perspective Design Build grew their profits by 800% with our help.
They have been able to see job-by-job profitability and better forecast what projects they can take on in the future.
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WHERE IT ALL BEGAN
Start of Perspective Design Build
George and Peter know the construction industry like the back of their hands. Starting young—George with barn-building on his family farm and Peter designing architectural homes after college—they each built over a decade of independent contracting experience. But they wanted more—a venture they could truly call their own. In 2016, they joined forces to create Perspective Design Build, bringing a new construction company to life in the Comox Valley.
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Running their own business brought fresh challenges, especially outside the realm of construction skills. Setting rates, staying CRA-compliant, and ensuring enough profit to support their families were major questions from day one. They needed more than a once-a-year tax check-in—they wanted a trusted partner. Fortunately, they already knew one.
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George and Peter had always been employees in the construction industry, but starting their own business was a whole new challenge
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Starting their own business was a whole new challenge.
FINDING THE RIGHT PARTNER
Fabien, our Business, Tech & Tax Advisor, had kids in the same class as George and Peter’s children. Since we specialize in working with contractors, they decided to reach out. During our initial conversation, they recognized how Reach could handle their compliance, ongoing bookkeeping, and support long-term decision-making.
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George and Peter found exactly what they needed—a partner committed to helping them build their dream, not just handle their taxes.
BUILDING THE FOUNDATION
Setting Up Processes That Work For Them
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Early on, George and Peter were focused on one thing: profitability. Balancing a new business while supporting two families, they took on every job they could to establish their reputation.
On our end, we set up the accounting essentials with Xero and HubDoc to streamline their bookkeeping. To help them manage job-by-job expenses and profitability, we introduced WorkflowMax—a project management tool that suited the complex projects they were handling.
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At the time, our Reach the Mark Course was not yet available, so while the systems were in place, George and Peter couldn’t immediately dive into mastering them. They broke even for the first two years but knew they could do better.
TURNING THE CORNER
Gained Clear Insights
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Once George and Peter fully engaged with their new systems, including our online training that fit their schedules, everything started to change. They gained clear insights into project profitability, allowing them to plan ahead and prioritize the most profitable work.
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“The online format is amazing. We love the videos [Fabien] sends to walk us through things. It makes everything easier.”
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With quarterly financial reviews, we analyzed their current numbers and projected six months out, providing clarity on overheads, working capital, and profitability. Rather than accepting every job, they began focusing on projects they valued most. Their business started scaling rapidly, and we were there to help navigate every decision.
By year four, George and Peter’s profits had grown nearly 800%, reaching $2.8 million—a well-deserved milestone for their dedication.
By year four, George and Peter’s profits had grown nearly 800%, reaching $2.8 million—a well-deserved milestone for their dedication.
ADVICE FOR OTHERS
Reflecting on their journey, George and Peter recommend that other business owners make early investments in bookkeeping, invoicing, and software training:
“We advise any business owner to invest financially in bookkeeping, software management, and invoicing right from the start. It’s important, and not a waste of money.”
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“It’s hard, especially in the beginning, but schedule time for your finances.”
With accounting fully handled, George and Peter now focus on what they love—growing their business and spending quality time with family. We’re proud to be part of their story, and as they continue to grow, so will our support.
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“We’re still working with the same people we started with. Reach knows our business and our problems. We definitely recommend them to anyone across Canada.”
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Want to see how Reach CPA can help your business thrive? Let’s talk about making your path to profit clear and rewarding.
