Services

Our service packages enable us to continually wow our clients with great service, all inclusive for what we know they are likely to need.  We take the time to get to know our clients and develop relationships based on understanding their unique circumstances, experience and goals.

That’s why we invite you in for an obligation free discussion, so we can gain an understanding of your needs and ascertain the best course of action for you.

Our services include:

Accounting and Business Advisory

  • Accounting and Taxation

    No matter what your tax and accounting needs are, BMG’s experienced and qualified team are committed to making the sometimes tedious job of attending to your annual tax and accounting obligations as simple and painless as possible.

  • Business Planning

    Would you build a house without a plan? Of course not. Why is building a business any different?  Unfortunately, the majority of Australian businesses have no formal plan to refer to on how they will run their business and what they are aiming to achieve.  We believe that business plans are absolutely necessary to give business owners the guidance and discipline to remain focussed.

  • Business Valuation

    Have you ever wondered what your business is worth? Have you ever wondered how you can improve the value of your business for a future sale? Have you ever thought about how your business value compares with others in the same industry?

    We have experienced team members to provide business owners with greater direction on their future and key action points required to achieve the optimum price for your business.

  • Cash Flow Management

    Is your business struggling with cash flow issues and you’re not sure why? If so, you’re not alone. Many business owners are not aware of the key drivers that affect cash flow performance and do not possess the tools or skills to get the necessary information to understand and improve the cash flow performance of their business.

    Whether it be slow paying debtors, over investment in capital expenditure, excessive cash drawings by owners or consistently poor profitability, we will work with you to understand your current cash flow situation and then implement strategies to improve your cash flow into the future.

    Whether it be a cash flow forecast to assist with borrowing Application, to get more cash out of the business for personal enjoyment or to fund superannuation contributions for retirement planning, we are ready to act quickly to help you out.

  • Succession Planning

    Have you considered how you are going to exit your business? Who is the future owner of your business? Is your business going to be an important element in funding your retirement?

    If you are unsure on any of the above questions above, then BMG’s Succession Planning service is going to be of great value to you.  Based on years of experience in succession planning, we are well aware that businesses are not easily disposed of and business owners can often have overly optimistic views on the value of their business. Like anything in business, the future sale needs to be planned and managed. As a general rule, succession planning should commence at least five years before the intended date of sale transaction and ideally much sooner than that.

    We work on strategies with business owners and set key milestones on what needs to happen and when to give the best possible chance of achieving a successful outcome.

Financial Services

  • Financial Planning

    BMG’s financial planning service is designed to assist you in improving your financial wellbeing.  By gaining a thorough understanding of the things important to you, we can use our knowledge and professional relationships to assist you to make smart decisions about your money.  Focusing on providing full service financial advice, we work with clients that are looking for an ongoing relationship with a trusted advisor.

  • Estate Planning

    Estate planning is a complex area governed by the various state laws. Many of the assets that a person may control will fall outside of a persons Will. Therefore, it is essential that a holistic approach is taken to ensure that Estate and Non-Estate assets are dealt with in accordance with our clients wishes. We utilise our expertise in superannuation, taxation and financial planning to assist our clients to document their wishes. We are comfortable in working with your family solicitor, bringing taxation, superannuation and financial planning skills together around the one table.  We work with you to maintain family harmony, be tax efficient, and ensure the control of assets is passed to the appropriate people from one generation to the next.

  • Personal Insurance

    Providing financial security to clients that experience medical hardship is one of the most satisfying elements of delivering BMG’s financial planning service.

    The more we understand your current financial position, the better we can advise on the appropriate types and level of cover. This way you avoid paying for insurance cover that is not relevant to you, and have the confidence that your key areas of risk are covered as well as possible.

    We review policies offered across a broad range of insurance companies to find great value insurance taking into consideration both quality and price. Key to establishing appropriate insurance cover is having a thorough understanding of your cash flow and financial strength, taxation position, and employment benefits or business profitability.

  • Self Managed Superannuation Funds

    How do you know if a Self Managed Superannuation Fund is right for you?  With superannuation savings in Australia now exceeding $1 trillion, it’s no surprise to see that many people are taking control and forming their own self managed super fund (SMSF). It should be understood that the decision to set up a SMSF is an important one that you should consider very carefully before proceeding. SMSF’s have become a powerful wealth creation tool enabling Australians to maximise their assets and income in retirement.

    We can help you set up and run your SMSF, and help you understand the applicable rules and regulations and how legislation changes impact your SMSF.  We prepare and maintain the SMSF’s reporting requirements, such as annual preparation of financial statements, lodging the SMSF income tax return and completing the audit, and help you plan personalised strategies to help you achieve your goals upon retirement and maximise total tax savings.

Tax Consulting

  • Tax Planning

    Tax time creeps up on us all every year. You often get to the end of the financial year and start wondering whether you could somehow improve your tax position before June 30 rolls around. This is why tax planning is so important.

    BMG’s specialist tax team takes a proactive approach to planning for the end of the tax year to ensure that you have identified and are implementing the best strategies for your circumstances before the end of the financial year – when you can still do something about it!

  • Consulting

    BMG’s team of accountants don’t just crunch numbers for your annual financials and income tax returns. They are experienced and qualified business consulting specialists that can assist you with a range of business and taxation consulting issues.

    We can provide detailed advice across all areas of taxation. Whether it be Property Transactions, Capital Gains, GST, Salary Packaging, Business Purchase, Restructure or Sale, Division 7A, Income Tax and much much more, we have the knowledge and experience to provide the advice that you require.