No one is immune to the risk of a tax audit! Learn more about tax audit insurance

About
  • About us

    BG Private is an AFR Top 100 accounting, audit, and advisory firm.

  • Our history

    We have a proud 45-year history. Learn more about our journey here.

  • Our purpose statement

    Discover our client service ethos, and the philosophy that drives us.

  • Need a guest speaker?

    Our experts can present on a range of topics. Find out more here.

Services
Services for businesses
  • Accounting & Business Advisory

    Discover how our accounting and advisory services can help your business grow and reach its goals.

  • Audit & Assurance

    Find out how we can assist you with your audit, assurance, and statutory reporting requirements.

  • Tax Advisory

    Learn how we can answer your complex tax questions with our specialist insights and advice.

  • Corporate Advisory

    Find out how our strategic and operational involvement can help your business maximise its value.

  • Private Equity

    Learn how we generate healthy returns for investors by backing ambitious SME founders.

  • Property Advisory

    Discover how we can help maximise your property portfolio with insights, strategy, and transaction support.

  • Bookkeeping

    See how our bookkeeping services can help your business run smoothly so you can focus on growth and profitability.

Services for individuals
  • Accounting Services

    Discover all the ways we can help you navigate and optimise your tax matters.

  • Tax Advisory

    Learn how we can answer your complex tax questions with our specialist insights and advice.

  • SMSF Management

    Discover how we can help with the administration of your Self-Managed Super Fund.

  • Financial Planning

    Find out how we can help you reach your financial goals.

Specialisations
Industries
Business types
  • SMEs

    Learn how we partner you along your journey to help you create a thriving business.

  • Not-for-profits

    Learn how we can help with your accounting and audit needs so you can focus on helping others.

  • Family businesses

    Discover how we can help you every step of the way as you build a legacy-leaving family business.

  • Australian businesses overseas

    We can help you navigate the exciting process of expanding overseas.

  • Foreign companies in Australia

    We can help you set up and run your operations Down Under.

Our People
Insights
  • Articles

    Read the latest BG updates and interesting articles from our expert advisors.

  • Case studies

    See examples of how we have helped clients to learn how we can help you as well.

  • Video & podcasts

    Get the latest insights from our experts on a range of topical money matters.

  • Events

    Discover our upcoming events including webinars, in-person events, and fundraisers.

Careers
  • Why choose us

    Find out how we can help grow your career, and learn about our rewards and benefits.

  • Current opportunities

    We are always looking for talented people! Browse our vacancies and apply today!

  • Recruitment process

    We like to make the recruitment process as seamless as possible. Learn more here.

  • Experienced professionals

    Find out why BG Private is a great place for seasoned professionals.

  • Graduates

    Apply what you’ve been learning to real-world cases – launch your career with us!

  • Interns

    If you’re studying Accounting, kick-start your career with an internship at BG Private.

Pay Invoice
Contact

Professional services firms
accounting and advisory services

Although ‘professional services’ firms cover a wide range of service types, we have found that they all face a set of similar challenges and opportunities. At BG Private, we specialise in tailored solutions that help drive success and growth of professional services firms in a competitive landscape.

Who we help

  • Accounting and bookkeeping firms
  • Law firms
  • Doctors, dentists, other healthcare providers
  • Engineering and architecture firms
  • IT companies
  • Communications firms
  • Recruitment firms
  • Marketing, advertising and PR firms
  • Financial service providers (i.e. insurance and finance brokers)

We believe the best minds in our business are the best minds for your business

We know some of the challenges you face

Professional services firms often grapple with:

  • Managing complex client relationships and the pressure to deliver high-quality, customised services
  • Stretched resources and significant operational challenges, which can hinder growth and operational efficiency
  • Balancing integrating new technologies and methodologies while maintaining consistent service quality and client satisfaction
  • Staffing matters including attracting and retaining highly-skilled people and ensuring salary and employee incentive programs are optimised
  • Questions around charge rate calculations
  • Overhead management
  • Not having a tax advisor who can advise on optimal tax planning and who ensures you remain complaint with the relevant tax rules and regulations
  • Not having a reliable and responsive accountant and bookkeeper
  • Not having a strategic advisor on call resulting in missed opportunities for growth

How we help professional services firms thrive

By giving you actionable advice as well as the practical support your business needs day to day, you will see real results.

Our approach is to operate as a one stop shop with all the relevant experts working on your success. Our accountants, bookkeepers, tax advisors and corporate advisors work holistically to bring your business goals to life.

On a personal level, we can also provide business owners with financial planning and SMSF management services so that your personal financial goals are achieved alongside your business goals.

Our services

Strategy

  • Advice and establishment of the most appropriate business structure for you needs
  • Strategic planning for growth and scale
  • Advice relating to mergers and acquisitions, business sale, or the addition of new partners/investors
  • Advice relating to partnership disputes
  • Strategic preparation for the owner’s retirement including succession planning or ownership changes

Analysis and advisory

  • Management accounting, including provision of relevant data, insights and forecasting; business performance benchmarking; tracking and managing income, expenses, assets and liabilities; breakeven analysis; working capital management and forecasting so cashflow fluctuations can be tracked accurately; budgeting advice including investigating where costs may be reduce
  • Creating understanding around your revenue and profit drivers
  • Pricing reviews and scenario modelling
  • Accounting software selection, migration and implementation
  • Advice around analysing and optimising labour costs
  • Advising how all of this data and information can help you make more informed decisions and maintain financial stability
  • Risk management advice to ensure your business stays on track including asset protection

Tax planning, compliance and reporting

  • Accounting services including managing your statutory reporting and ATO obligations, and ensuring your financial records are accurate and up to date
  • Strategic tax planning to minimise liabilities while ensuring compliance with the relevant laws and regulations
  • Tax efficiency guidance relating to the purchase of supplies, fixtures, equipment
  • Bookkeeping services including BAS, GST, payroll and tax returns
  • Tax advice on more complicated matters and transactions
  • Audit and assurance, including internal controls and reviews if needed

Positive outcomes you can expect

By partnering with BG Private, you can expect a transformative impact on your business. We help professional services firms achieve:

  • Improved financial clarity. Gain a deeper understanding of your financial situation, enabling better decision-making.
  • Optimised cash flow. Maintain financial stability and plan for growth with effective cash flow management strategies.
  • Reduced tax liabilities. Minimise your tax burden with proactive planning and expert advice.
  • Strategic growth. Align financial strategy with business goals to drive sustainable growth.
  • More time. Feel confident that your money matters are in order, so you can focus on client work and winning new business.
  • A true partner in decision making. As an owner, sometimes you simply need an experienced sounding board. Having an experienced advisor on call can help you turn challenges into opportunities and set your business up for growth.

Let’s connect!

As a professional services firm ourselves, we know many of the opportunities and challenges you face. Let’s have a discussion about how we can help you!

Contact us
Franc Marino Franc Marino