About Us
Outsourcing Financial Solutions for Growing SMEs
Welcome to Modspace Consulting, a trusted provider of outsourced CFO services for small and medium-sized enterprises (SMEs) across Australia. With over 30 years of experience in financial management, we specialise in delivering strategic financial solutions that empower SMEs to thrive in a competitive landscape. Our seasoned team offers expertise in cash flow management, financial reporting, and strategic planning, providing tailored insights and actionable recommendations to drive sustainable growth.
Modspace Consulting understands the unique challenges faced by SMEs, such as limited resources and the need for cost-effective solutions. By partnering with us, businesses gain access to high-level financial leadership without the expense of a full-time CFO. Our services are designed to enhance decision-making, improve financial transparency, and provide the flexibility to adapt as business needs evolve.
Whether navigating complex financial landscapes or planning for future growth, Modspace Consulting offers the support, stability, and insight that only decades of experience can provide. Let us help you unlock your business’s potential with our reliable and dedicated outsourced CFO services.
Our Services
Extensive Expertise in Financial Management
Industries Served
Industries We Service
Construction
Manufacturing
Retail
Sales & Distribution
Customised solutions for different sectors
Our Clients
Case Studies
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HomeMade Food Co.
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Avant Equipment Australia
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Advanced Design Innovations
HomeMade Food Co – Transforming Tradition with Strategic Financial Guidance
Background
Homemade Pizza Co is more than just a pizza business — it’s a celebration of authentic, handcrafted food, made with passion, creativity, and an unwavering commitment to quality. The company manufactures premium pizza and bread products for both food service and retail clients.
Challenges
During growth, HomeMade Food Co faced:
- Relocation to a new manufacturing facility.
- Sustaining profitability amid rising costs.
- Assessing packaging line automation’s cost-effectiveness.
- Addressing operational losses and improving EBITDA.
Solutions by Modspace Consulting
- Facility Relocation Planning
- Guided financial planning for a seamless move while ensuring stability. - Optimising Profitability
- Reviewed product and labour costs to achieve 30%+ gross profit margins.
- Established monthly monitoring for sustained improvements. - Automation Cost-Benefit Analysis
- Identified $200,000 in projected annual savings through packaging automation. - Turnaround Strategies
- Transitioned the business from losses to breakeven in 12 months.
- Positioned for EBITDA growth in the upcoming year. - Governance and Oversight
-Introduced monthly board meetings for performance reviews and strategic alignment.
Outcomes
- Successfully relocated operations while maintaining financial health.
- Achieved and sustained 30%+ gross profit margins.
- Gained clarity on automation, saving $200,000 annually.
- Improved EBITDA projections and established robust governance practices.
With Modspace Consulting’s guidance, HomeMade Food Co has strengthened its financial foundation, enabling continued delivery of soulful, handcrafted meals while navigating growth confidently.
Avant Equipment Australia – Streamlining Financial and Operational Processes
Background
Avant Equipment Australia, a family-owned importer of premium mini loaders, empowers businesses with machinery solutions to improve efficiency.
Challenges
As operations grew, Avant Equipment needed to:
- Align importing and sales processes with financial reporting.
- Gain clear insights into profitability and performance drivers.
Solutions by Modspace Consulting
- Process Reconciliation
- Reviewed and aligned transactional processes with financial reporting systems for accurate insights. - Management Reporting
- Developed monthly reporting to provide actionable insights on profitability and key metrics.
Outcomes
- Streamlined Systems: Enhanced operational and financial alignment for better accuracy.
- Informed Decisions: Regular reports improved understanding of profitability and key metrics.
- Financial Clarity: Visibility into performance-supported proactive growth strategies.
Modspace Consulting helped Avant Equipment achieve operational and financial clarity, empowering long-term success while delivering quality machinery solutions.
Advanced Design Innovations – Scaling Growth with Strategic Financial Management
Background
Advanced Design Innovations (ADI) provides bespoke engineering solutions for architects and builders in high-end markets. Their versatile steel products solve architectural challenges with unique, elegant solutions.
Challenges
During rapid growth, ADI needed to:
- Expand from $2M to $5M in annual sales while preserving profitability.
- Manage workflow, cash flow, and operating costs.
- Establish structured financial oversight and targets.
Solutions by Modspace Consulting
- Profitability Management
- Maintained 35%+ gross profit margins with financial controls and monitoring. - Growth Oversight
- Introduced quarterly management meetings to address workflow, cash flow, and costs. - Budgeting and Goal Setting
- Created annual budgets and targets to guide growth and track progress.
Outcomes
- Revenue grew from $2M to $5M while sustaining 35%+ profitability.
- Improved oversight enabled proactive decisions and operational efficiency.
- Clear budgets and targets provided a strategic growth roadmap.
With Modspace Consulting’s support, ADI scaled effectively, maintained stability, and expanded into overseas markets, continuing to deliver innovative engineering solutions.
Testimonial
Client Testimonials
FAQs
We Are Here To Support You
What is an Outsourced CFO, and how might they benefit my business?
An Outsourced CFO offers expert financial guidance and strategic support on a part-time or project basis, assisting enterprises with a range of activities, from cash flow optimisation to long-term financial planning, without the expenditure associated with a full-time appointment.
How does an Outsourced CFO address Business Advisory needs?
An Outsourced CFO delivers critical advisory insights, aiding in the identification of growth opportunities, risk mitigation, and the development of strategies tailored to meet specific industry requirements and organisational objectives.
What role does an Outsourced CFO play in Management Accounting?
In Management Accounting, an Outsourced CFO is instrumental in generating and interpreting financial data, overseeing budgeting and forecasting, and ultimately facilitating informed decision-making to enhance organisational performance.
How can an Outsourced CFO improve Financial Management within my organisation?
An Outsourced CFO provides strategic oversight of cash flow, financial reporting, and regulatory compliance, ensuring robust financial practices that enhance both stability and scalability.
Is it cost-effective to engage an Outsourced CFO as opposed to appointing a full-time CFO?
Yes, Outsourced CFO services afford businesses access to senior-level expertise at a fraction of the cost of a permanent CFO, offering flexibility and scalability aligned with the needs of a growing enterprise.
What specific Business Advisory services are offered by an Outsourced CFO?
Services include strategic planning, risk assessment, market expansion analysis, profitability enhancement, and tailored advisory services to address unique business goals and challenges.
How does an Outsourced CFO assist with regulatory compliance and financial reporting?
An Outsourced CFO ensures adherence to Australian financial regulations and provides accurate, timely financial reporting, which supports transparency and informed financial decision-making.
Can an Outsourced CFO support fundraising or investment initiatives?
Yes, Outsourced CFOs have the expertise to prepare businesses for investment, support due diligence processes, generate financial projections, and liaise effectively with prospective investors to secure funding.
What types of organisations typically benefit from Outsourced CFO services?
SMEs across various sectors benefit greatly from Outsourced CFO services, particularly those seeking enhanced financial transparency, improved decision-making processes, and efficient scaling without committing to full-time executives.
How do I ascertain whether my business requires an Outsourced CFO?
If your business is experiencing rapid expansion, facing complex financial challenges, or requires strategic financial direction without a full-time appointment, an Outsourced CFO can provide invaluable support and guidance.
Contact Us
Get In Touch
We understand that you may have questions and concerns along the way. Our team is here to provide professional guidance and discuss your needs in detail. Reach out to us for a personalised consultation, and let us show you how our Outsourced CFO services can support your business’s financial success.
Location
2/19-21 Ocean Ave Newport NSW 2106
