Blackburn Accounting - Home

Family Business
Management - Grow a business for the next generation

Cashflow
Management - Measure, Track & improve your cashflow

Business
Development - Expand & prosper in new markets

Accounting

Get on top of your cash flow and gain confidence in your daily business decisions with accurate accounts, timely reports and an expert to help you make sense of your numbers.

Taxation

We go beyond traditional tax preparation and provide you with tax minimisation strategies to help you earn more and keep more.

Business Structures

We recommend the best business structure to minimise your risk, minimise your tax and maximise your asset protection.

Expansion into new markets

New markets have a range of different requirements, taxes and unknowns that can be difficult to navigate. That’s where we can help.

Business development, communication and advice

Through proactive and ongoing advice and business analysis, Blackburn Accounting helps you to implement plans to promote growth and protection

Superannuation & Retirement Planning

Keeping on top of your cashflow is challenging enough without worrying about your future and whether you can support yourself in your retirement.

Difference

We guarantee a response by the next working day
Personalised service
Focus on Results
Family Business Specialists

Plans

Plans to suit your needs!

Your Accounting Partner

Your Management Accounting Partner

Your Expansion Engineer

Your Special Projects Partner

Blog

Tips & Strategies to Tackle Cashflow Challenges

Tips & Strategies to Tackle Cashflow Challenges

Strategy 1:

Adopt these 'healthy' practices to get your cash flowing:

Profit margins: with the current ever-increasing costs of doing business, it’s critical to have true-cost pricing. Don’t let your profit margins be eaten away.

Whether it’s the price of eggs, utilities or wages, you need to consider how to manage the increased cost of doing Business.

Firstly, do you know what your profit margin is for your business?
Secondly, do you know your profit margins for the goods and services that you offer?
Thirdly, which project lines are not profitable and are affecting your business?

Tips:

Regularly check the cost of goods and products and determine realistic profit margins by setting prices not too low or too high.

Pricing points are needed to keep you competitive and ‘in the red’.

Be balanced, with inflation affecting your purchases you need to increase your sale prices accordingly.

Offer value for money and your customers will keep coming back!
Contact Blackburn Accounting to help you to work this out.

Watch for more in this series!

The Rise of Pet Popularity – Why are Pets Taking over our Hearts and Purses!

The Rise of Pet Popularity – Why are Pets Taking over our Hearts and Purses!

Pets

The rise is real, read the ‘stats’, visit your local cafe or venture to the park and you are most likely to be greeted by a pet lover, a pet parent, with pooch in toe, on a lead, taking their daily walk! Aren’t they adorable!

It’s true, pets are taking over our hearts, purses and wallets.

But why this rise in popularity!

And what does that mean for Pet Businesses, the Industry?

Why this rise in Popularity?

One in five families acquired a cat or dog during the pandemic to support family wellbeing. The benefits were described by parents as pets provided companionship, routine and a welcome distraction with families having more time at home.

Animals, pets, now command a more central place in our emotional lives. With less people directly involved with farming, it's more common to value animals primarily as companions, even as family members. Pew Research reports that 97% of pet owners see their pets as members of the family.18 Nov 2023

With an aging population, pet companionship for the elderly to combat loneliness has increased. Pets, cats, dogs, and birds have been shown to improve mood, particularly in those with depression and anxiety.

There are also specialist trained ‘care’ assistance animals, particularly dogs that are matched with the vulnerable in the community. It is widely reported that this connection offers tangible support, happiness and the joy of unconditional love.

Working dogs make up another sector valued by their handlers, trainers and the wider community for their contribution, ‘search, sniffer and rescuer dogs to name a few roles.

Social media has played a huge part in the rise of popularity. The impact of Pet influencers featuring cute cats and entertaining dogs, along with viral pet videos, and on Instagram famous pets have amassed huge followings.

Pet population profile

According to a national pet population survey Australia is home to approximately 28.7 million pets, amongst 6.9 million households.

Dogs are the most popular pet (6.4 million, with half of Australian households having at least one. Cats come in second favourite with a population of 5.3 million.

It follows that there has been a rise in demand for Pet-related goods, products and services.

Pet Owners – show us your money!

Gregg Mountford

"Tim has been our accountant for over 10 years and throughout that whole time, he has been very professional, trustworthy, efficient and a pleasure to work with. He has the capacity to understand complex issues and his knowledge is always up to date, providing a quality service."

Gregg Mountford Managing Director – Negotiator WA Pty Ltd

"Tim has been our accountant for the last eight years. He has an exceptional understanding of the for ever changing tax landscape which benefits all of his clients. As Tim has moved through his career we have followed, I think that’s testament to his ability!"

Leon Sainken Managing Director – LSA Advertising

"We have known Tim Blackburn since June 2007. He has been our accountant with the Glenrange Global Pty Ltd and Glenrange Enterprises refrigeration electrical engineering business and our food export business Auspies Pty Ltd to Russia."
Peter Shewring
Managing Director – Glenrange Global Pty Ltd

"During this time Tim has shown a professional aptitude to all matters of taxation and general advice for and to business, including the exporting business where there has been a high degree of complexity regarding accountancy, business strategies and taxation requirements.
From the exporting company inception, Tim travelled to Russia to facilitate Aussie Pie Pty Ltd for the compliance to both countries taxation regulations requirements.
Tim has the ability to place the customer and/or the company first, a rare commodity in today’s world."
Peter Shewring