Business of the Year Award sponsored by LBW Business + Wealth Advisors: DirectBor

Based in Corio, DirectBor is a specialist company working in directional drilling, large-scale civics, underground conduit, and cable and pipe installation for the electrical, communications, water, and gas supply industries.

The company’s main focus is providing clients with turnkey projects for underground assets that are built on-time and on budget.

A first-year entrant to the Geelong Business Excellence Awards, the judges were highly impressed with all aspects of the business, including its innovative practices and client-first approach.

As a result, DirectBor is the recipient of the 2023 Business of the Year Award, sponsored by LBW Business + Wealth Advisors. The award is the region’s most prestigious business accolade and celebrates the culmination of grit, hard work, and outstanding achievements in business.

“The judges thought DirectBor was an excellent first-year entrant who ticked all the boxes for business excellence,” Chair of the Judging Panel Simon Flowers said.

DirectBor has also secured this year’s Innovation, Research & Development Award sponsored by Viva Energy.

“The business has shown massive revenue growth and had invested heavily in a modern facility and capex over the last three years,” Mr. Flowers said. “DirectBor has also implemented significant innovative practices within their industry which has allowed greater efficiency, effectiveness and, best of all, safety in this niche but dangerous industry.”

The company invests continually in its people, information technology systems, and equipment to ensure it is able to meet both its clients’ expectations and the needs of the high-growth areas it serves.

“The business had very clear marketing plans and long-term contracts and alliances with those within their industry,” Mr. Flowers said. “Their philosophy of client-first means their retention of major clients is exceptional. The business also had a very clear handle on their finances and risks which impressed the judges.”

Operating within such a high-risk industry, safety remains DirectBor’s top priority and one of the company’s core values. The company has comprehensive safety management systems in place and has dedicated itself to continuous improvement in this area.

For more information, head to DirectBor’s website

LBW Business + Wealth Advisors

LBW Business + Wealth Advisors is a leading Australian accounting and financial advisory firm that supports the ongoing growth of local businesses, large and small. For more than 30 years, LBW has been committed to elevating businesses and providing them with the compliance and advisory support they need to face any challenge and prosper.

LBW’s success is measured by the success of the incredible businesses and individuals they work with. Developing a deep understanding of every client is at the core of their service offering, which includes tax advice, business advisory, audit, valuation services, estate planning, superannuation, and financial planning.

LBW partners with businesses whose values align directly with their own: innovative, accountable, respectful, curious, with a learning mindset to continually improve. LBW is passionate about working together with the community and businesses to support them to achieve their business goals – to grow and succeed.

Visit their website at lbwca.com.au to learn more about their services and how they can help your business thrive.