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Complete the form and we will make sure we're right for what you need. If we are then you choose which Director to see, or we can match you up, and book in a date and time to chat that suits you.
Wollongong Accounting Services
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Financial Statements
Our team at BLG prepares financial statements for you and ensure you meet your annual compliance requirements. Accurate financial statements prove invaluable, with some of the most important including Income Statements, Balance Sheets, Cash Flow Statements and the Statement of Retained Earnings.
Accounting Systems
Our team will guide you and give you the solutions and assistance you need to implement an accounting system that works for your business, so you have the freedom to concentrate on what you do best.
Management Accounts
Key financial and statistical information are contained in management accounts and used to make short-term decisions. BLG prepares these for our clients and quite often our team will attend their management meetings to present these to business leaders.
Audits & Reviews
Our specialist team provides invaluable results for our clients through the audit and review process. While an audit assures that your financial records are current, accurate and compliant, a business review is a great quality control strategy that allows you to improve efficiencies and make plans for future growth.
Wollongong Tax Services
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Tax Advice
Taking on a Chartered Accountant that you trust means gaining valuable tax advice and creating an efficient tax strategy. This gives you the necessary assistance to keep up with regulatory compliance, tax laws and tax compliance.
Income Tax Returns
Our team at BLG provides tax management solutions for our clients, which includes their business meeting annual compliance obligations such as income tax returns. Preparing these solutions for you takes away a significant burden and will save you time and money.
Wollongong Business Advisory
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Tax Planning
Tax planning is an important annual activity that provides you with a greater understanding of your business position and opportunities for future decision-making. Our business advisers will help you understand your current tax position, discuss with you your future plans and work with you to develop strategies that ensure you receive better outcomes both now and in the future.
Structuring
Business structures are so important to consider when both starting a business or if your business is going through a period of change, as it can affect key areas for both you and your organisation, including tax, asset protection, ongoing costs and compliance. If you are looking at a Partnership, Company or Trust structure, which are much more complex, we recommend having your accountant or business adviser set this up to ensure everything is accounted for.
Buying a Business
Buying another business can be a great way to grow or diversify your business, but it’s not without its challenges and the process can be complex. Our team has extensive experience in business acquisitions where they can assist you with everything from business valuations, due diligence, negotiations and more.
Selling a Business
Your business can represent one of your most significant assets, so trying to maximise the amount you receive when selling your business and the whole sales process can seem quite daunting. The key to a successful business sale is preparation and having strong advisers to guide you, who understand the emotional turmoil and sales process, really helps in achieving a positive outcome.
Succession Planning
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 and to prepare the business for life after you and BLG has countless experience in navigating business owners through succession situations.
Asset Protection
While businesses can be risky ventures, with adequate safeguards and strategies put in place you have the ability to protect what is yours, such as your personal assets and wealth. We maintain a deep understanding of each of our client’s businesses; regularly conducting reviews and having discussions about short and long-term goals with recommendations on structures that support these.
Forecasting, Cash Flow & Analysis
Business owners are presented with opportunities on a regular basis, and making informed decisions about these opportunities can mean the difference between their success or failure. If you don’t have the in-house capacity or knowledge to carry out accurate forecasting and analysis, it’s worthwhile to source professional assistance from an accountant or business adviser.
Self-Managed Superannuation (SMSF)
A Self-Managed Superannuation Fund (SMSF) can be an effective way to grow your wealth and allow you to save effectively for your retirement. Working with a Chartered Accountant can ensure you design the most tax-effective superannuation strategy to achieve your objectives.
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