LBW Chartered Accountants

Discover the LBW Difference.

LBW is one of Geelong’s largest and most reputable accounting firms which in itself has been serving the business community for over 25 years.

Simon Flowers Simon 

Flowers

Here are some quick tips for you to consider after you reach 30 June , when you have time to breath and consider how your business is going:

1) Do a financial health check of your business (balance sheet review)
2) Revisit your strategic plan
3) Draw up a budget for the new financial year
4) Prepare a cashflow forecast
5) Review your business profitability (profit and loss review)
6) Ensure you have finance options available to you if required
7) Revisit your marketing plan
8) Review your risk management strategies

As unpleasant as the task is, estate planning is one of the necessities of life. It allows peace of mind knowing your hard earned assets will be dealt with in the manner you choose.

At LBW Chartered Accountants we are experienced in estate planning and administration, and can provide tax guidance your family will need in a difficult time.

As business owners plan to retire from their business, to ensure the long term success of the business, it is critical to establish a well designed succession plan. Co-ordination of the transition of your business to your successors can be an arduous process. However, with LBW Chartered Accountants years of experience we can address the complex issues of business continuation, taking the stress off your shoulders.