Blackwood Advisory

Blackwood Advisory We are locals, backing locals. We work with what you have to make the most of it.

A great 2 days with our Albury and Wodonga teams. Now a long weekend in Victoria High Country for the long weekend. 👑 ...
05/06/2026

A great 2 days with our Albury and Wodonga teams. Now a long weekend in Victoria High Country for the long weekend.
👑

28/05/2026

Lake days in Bendigo hit different — and so does rolling into the weekend backed by locals who back you. Your local financial experts, supporting regional Victoria one smart decision at a time. Let’s make it a good one.

12/05/2026

Balance Sheet vs. Profit & Loss: What’s the difference?

👉 Profit & Loss Statement: Tracks performance over time—how much you’re making vs. spending. Use it to answer:

Is my revenue growing or shrinking?
Are my expenses under control?
👉 Balance Sheet: A snapshot of your financial position—what you own, what you owe, and your net worth (equity).

Using both together provides critical insights and helps you avoid financial surprises.

Follow for more business advice ✅

05/05/2026

Your Profit & Loss statement shows what’s happening, but your balance sheet answers why. Here’s what to focus on:
👉 Cash assets: What’s in the bank and your liquid assets.
👉 Accounts receivable: Are invoices being paid on time? A high balance might mean it’s time to chase overdue invoices or improve payment terms.
👉 Director’s loan: How much are you taking out of the business? Overdrawing can put your business under financial strain.

By breaking down these areas, you’ll gain a full understanding of your business’s financial health.

Follow for more business advice ✅

29/04/2026

Does your business have a financial buffer?

Here’s why cash reserves matter: Aim for 3 months’ worth of expenses in savings.
👉 Calculate your monthly expenses, multiply by 3, and stash that amount in a separate bank account (ideally at a different bank to make it less tempting to touch).
👉 Use your reserves wisely—for taxes, growth, or emergencies.

Building a buffer isn’t just about stability—it’s about creating opportunities for your business to thrive.

Follow for more business advice ✅

On ANZAC Day, we honour the courage, service and sacrifice of Australia’s servicemen and women, and recognise the lastin...
24/04/2026

On ANZAC Day, we honour the courage, service and sacrifice of Australia’s servicemen and women, and recognise the lasting contribution of veterans within our regional Victorian communities.

From all of us at Blackwood Advisory — Lest we forget.

💐 MOTHER’S DAY GIVEAWAY 💐We’re giving away a beautiful hamper to celebrate all the amazing Mums out there 🤍Inside the ha...
24/04/2026

💐 MOTHER’S DAY GIVEAWAY 💐

We’re giving away a beautiful hamper to celebrate all the amazing Mums out there 🤍

Inside the hamper:
✨ $50 voucher (usable across multiple stores)
✨ Sweet treats like chocolates
✨ A few extra goodies to help Mum relax and feel appreciated

Know a Mum who deserves this? Or maybe it’s you 👀

How to enter:
✔ Like our Facebook & Instagram page
✔ Like this post
✔ Tag a Mum (1 tag = 1 entry – tag as many as you like!)

Winner will be drawn on Monday, May 4 🎉

Local winner can collect from our office, otherwise we’ll post it out 📦

Let’s make a Mum’s day extra special 💝

23/04/2026

Thinking about transferring money from your business to personal account?

Here’s what you need to know:
👉 For sole traders, it’s considered owner’s drawings, but don’t overdraw—it could hurt your business’s sustainability.
👉 Every situation is unique. Your structure and personal tax circumstances play a big role.
👉 The key is consistency and ensuring your business can support the cash flow.

Talk to your accountant to make informed decisions and keep your business thriving.

Follow for more business advice ✅

Address

43 Williamson Street
Bendigo, VIC
3550

Telephone

+611300609590

Website

Alerts

Be the first to know and let us send you an email when Blackwood Advisory posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Blackwood Advisory:

Shortcuts

Share

Category