Services & Advice we provide that Work For You

Financial statements give you a clear view of how your business is performing and where you can grow next. With these insights, you can make decisions for your business with confidence and optimism. 

Choosing the best processes and systems for your business for your business can be overwhelming with so many options available. Our team offers tailored guidance to help you implement an accounting system that fits your needs, allowing you to focus on what matters most - growing your business.

Management accounts are reports that give business owners and managers a clear overview of key financial and operational performance. These insights support informed decision-making. At BLG, we prepare management accounts for our clients and regularly attend management meetings to present findings and discuss opportunities with your team.

Maximise tax efficiency and stay compliant with expert guidance from BLG Business Advisers. Our Chartered Accountants offer straightforward advice tailored to your business goals, helping you strengthen your tax position and manage risk with confidence.

Enjoy peace of mind knowing your tax obligations are handled accurately and on time. BLG Business Advisers keeps your business compliant, freeing you to focus on what matters most.

Our team delivers valuable insights through our business review process. A business review acts as an effective quality control measure, confirming that your business performance aligns with your financial results. This helps you identify opportunities to increase efficiency and plan for future growth. Conducted thoroughly, it also fosters alignment and trust within your organisation. Business reviews can be scheduled monthly, quarterly or as needed to suit your specific requirements. 

Effective business planning sets the foundation for achieving your objectives - whether that means growth, expansion, or preparing for succession and exit. With a well-structured plan, you gain clear insight into your business, enabling you to focus on the milestones that drive lasting success.

At BLG Business Advisers, we work closely with you to understand your goals and develop a tailored plan that highlights opportunities and builds in essential protections. We identify potential challenges and provide proactive strategies to help minimise risks. Our team remains available to support you at every stage, answering questions and offering guidance as your business evolves.

Managing tax effectively is a crucial aspect of both running a business and building personal wealth. At BLG Business Advisers, we view tax planning as a vital annual process that not only optimises your tax outcomes but also gives you a clearer understanding of your business's financial health and future opportunities.

Our dedicated team understands that tax legislation is always changing. That's why we provide ongoing guidance throughout the year, keeping you informed about the latest updates that may affect you and your business.

Typically, tax planning occurs in the final quarter of the financial year. During this time, our business advisers will review your current tax position, discuss your future goals, and develop tailored strategies designed to achieve the best possible outcomes - both now and in the long term.

Trustees are responsible for the administration, compliance, development and maintenance of their SMSF strategy and need to adhere to strict rules or suffer significant penalties.

The rules of superannuation change and economic conditions fluctuate, so it’s vitally important to keep abreast of the governing rules and market if you’re to make the most of your SMSF. If you don’t feel totally confident in managing these requirements yourself, receiving experienced advice and support is recommended.

The annual compliance requirements for SMSFs that our team can do on your behalf include financial statements, member reporting including transfer balance account reporting, annual returns, associated minutes and actuarial certificates. Alongside this is technical advice around maximising tax benefits, accessing superannuation benefits, pension strategies and estate planning.

Choosing the right business structure is crucial whether you are starting a new venture or navigating a period of change. The structure you select will influence key factors such as taxation, asset protection, ongoing costs, and compliance requirements for both you and your business.

It's essential to understand how each option aligns with your goals and why it meets your needs at this stage. Trusts, partnerships, and companies can be complex to establish, so we recommend seeking support from your accountant or business adviser to ensure all arrangements are correctly implemented and your interests are protected.

It is natural for business owners to want their business to exist beyond their working life, particularly when it comes to a family business. Succession planning is extremely valuable in ensuring your business continues on, by having potential successors and an exit strategy in place that will give the business longevity and you peace of mind.

It is much easier to start planning for your succession early, both to prepare the business for life after you and to secure your own future. BLG’s team knows how to carefully guide business owners through succession situations, and we’ll assist you with everything from up-skilling people, to the business valuation process, smooth exit strategies and more.

Business owners are presented with opportunities on a regular basis, whether it’s launching into a new product line, implementing a new process, or acquiring a new business. Making informed decisions about these opportunities can mean the difference between their success or failure. Some businesses don’t have the in-house capacity or knowledge to take on forecasting, cash flow and business scenario analysis. Working with an experienced team can present great benefits.

Protecting your personal assets and wealth is important when you own a business, and is possible with adequate safeguards and strategies put in place. Our team have a deep understanding of each of our client’s businesses and regularly conduct a review of their existing business and personal assets, liabilities and entities. Make sure you have discussions about your short and long term goals so your assets are protected in the right way.

Buying another business can be a great way to grow or diversify your business, however the process is not without its challenges and can be complex. It is recommended you seek the guidance of a business adviser who has experience with business acquisitions and knows about valuations, due diligence, financial impacts and cash flow requirements, regulations, working with solicitors and other professionals to get you the best outcome.

Your business likely represents one of your most significant assets, so selling it can cause both excitement and trepidation. The key to a successful business sale is preparation. The process can be lengthy, intrusive and emotional, but having strong advisers who understand your situation throughout the process really does help in achieving a positive outcome.