Behind the Numbers: Spotlight on Box
We love our clients and are truly fortunate to partner with exceptional businesses like Box.
We recently had the pleasure of sitting down with the Founder, Dan Heyworth, to showcase his inspiring business journey and the impact that working with Evolve Accounting has had on their business journey and growth.
We hope you enjoy this short read and find inspiration in their story.
What sparked the idea for your business, and what motivated you to dive into this industry?
I’ve always been interested in houses and had a background in project management, where I consulted on improving business processes. But what really pushed me into this industry was seeing how broken the business model was - architects and builders working in silos just didn’t make sense. I wanted to bridge that gap and create something better. So, I teamed up with my brother-in-law and two friends, and we’ve been running Box for 15 years now.
We’ve loved our journey so far, and while the industry has grown more complex and layered, it’s given us the opportunity to excel at what we do best. The increasing demands and costs have only reinforced the importance of smooth coordination between builders and architects - something we’ve mastered by bridging the gap and bringing both design and construction under one roof. We’ve managed to create a unique business model that ensures everything runs smoothly and no detail is overlooked - its been the key to our success.
How has working with Evolve Accounting made a difference to your business?
We’ve had the pleasure of working with Sarah and Anthony since 2011, and they’ve been fundamental to our growth and success. Their industry knowledge has helped us understand crucial aspects like working capital, work in progress, and the importance of having solid financial structures and reporting in place. From day one, Evolve Accounting has ingrained in us the value of good processes, systems, and controls.
We work very closely with the team, and their support has been an integral part of ensuring that our business stays healthy. Their expertise has been a key component in helping us navigate the financial side of our business, allowing us to focus on what we do best.
What advice would you give to other business owners about finding a good accountant and why it’s important?
The lifeblood of any business is cash, so it’s really important to understand your cash position on a regular basis. You can’t make big business decisions without that clarity. Too often, business owners make assumptions and overlook the realities of their cash flow. When you’re trying to grow your business, knowing exactly where you stand is essential.
A good accountant will help you understand how fast you can grow, where to deploy your equity, and how much equity you actually have available. Additionally, they should have a deep understanding of the dynamics of your industry, which can make all the difference in navigating challenges and seizing opportunities.
What do you value most about working with Evolve Accounting?
The people. They are exceptionally skilled at what they do, but what really stands out is how approachable and relatable they are. They don’t fit the stereotypical accountant mould; instead, they feel like an integral part of our team. Their ability to blend seamlessly into our culture has made working together a genuinely enjoyable experience.
Accountants often get a bad rap, but Evolve Accounting demonstrates the real impact they can have on a business through their strategic input and efforts to educate us. They understand that accounting is not just about the numbers; there’s a much broader strategic and personal aspect to the role that truly enhances our operations.
How has having a clear understanding of your financial health changed your approach to running the business?
Having a clear picture of our financial health has been transformative for our planning and growth strategies. Every business owner has a different appetite for risk, and understanding our financial position has given us the confidence to invest in opportunities when we want to. We know that you can’t make informed decisions without knowing what your working capital looks like.
Evolve Accounting also brings invaluable insights from their experience working with other businesses in our industry, helping us learn and adopt best practices. Beyond the numbers, the intangible benefits - such as their advice and encouragement - have been instrumental in shaping our approach.
What’s next for Box?
We’re focusing on succession planning and figuring out how to transfer the business to the next generation while building a solid value proposition. We understand that the landscape is always changing, so we’re committed to diversification. Recently, we acquired a concrete pool business which nicely complements our service offering. We’re also exploring opportunities in property tech to ensure that we adapt and grow in ways that align with our vision for the future.
If this has resonated with you and sparked a sense of inspiration and curiosity, we’d love the opportunity to connect. At Evolve Accounting, we take pride in building strong relationships with our clients, supporting them every step of the way to achieve their goals.
Simply add your contact details below, and we’ll be in touch. We love partnering with ambitious, growth-minded business owners who want more than just their annual accounts completed. Let’s work together to unlock your full potential and bring your aspirations to life!
