Looking for Comprehensive Financial Management to Boost Your Business?
Let's face it: despite the passion you may have for your business, being a business owner or investor can often be exhausting and stressful. Running a successful business requires you to wear multiple hats. From liaising with clients and attending meetings to managing staff and marketing your products or services, the to-do list can feel endless!
Picture this: your business accounting is in expert hands, freeing you to focus on what truly matters. At Foresight Accounting in Kooyong, we recognise that your time is valuable. Our goal is to help your business thrive by delivering expert financial solutions, ensuring you achieve the best possible outcomes while eliminating the stress of managing your finances. Let us take care of it for you!
Specialists in Small Business Accounting: Kooyong Services
At Foresight Accounting, our motto is "your vision is our focus". This means that we make your business and financial goals our top priority. We offer our financial management services to small and medium businesses in Kooyong and the surrounding suburbs. Our firm specialises in assisting businesspeople and entrepreneurs, hair and beauty salons, property investors, medical professionals, and tradespeople in business.
Foresight Accounting is more than just tax solutions—we’re your partner in financial success. From strategic business advice and business structure reviews to wealth accumulation education, financial services, self-managed superannuation funds, and bookkeeping, we provide the tools you need to take control of your financial future. Our goal is to give you real choices and the confidence to achieve your financial aspirations.
Our Business Accounting and Advisory Services
As Kooyong-based accountants, we take pride in delivering trusted business solutions to local businesses and individuals. Our comprehensive range of services is designed to support you in managing your financial affairs and achieving your goals with confidence.
Strategic Business Structure Advice
Whether you are acquiring, selling, or merging your business, or you are struggling to make your current business hit its full potential, Foresight Accounting can offer strategic business advice. We deliver business advisory guidance regarding cash flow issues, mergers and joint ventures, re-structuring business loans, creating new products or services, budgeting and business plans, and much more.
An SMSF can be a powerful tool for securing your financial future. At Foresight Accounting, we guide you through the setup process, help you obtain an ABN and TFN, and provide tailored tax strategies to ensure you make the most of your fund. The tax benefits are simply too good to ignore!
Our affiliate partner, Foresight Wealth, specialises in financial planning and reporting. Whether you're preparing for retirement, managing your estate, or monitoring your investments, we provide expert guidance to help safeguard your wealth. We also assist with profit and loss statements and balance sheets to keep your finances on track.
Finwizard Advisory, our trusted affiliate partner, provides expert guidance in property investment and portfolio development. Their unwavering commitment to ethics, integrity, and professionalism ensures exceptional service. Together with Foresight Financial Planning, they offer a complete range of property and investment advice to support your business goals.
We provide multiple bookkeeping services for our clients to meet your business requirements. Although Xero is our preferred bookkeeping software due to its accessibility and simplicity, we do offer support for MYOB, QuickBooks and other bookkeeping software. We also provide on-site bookkeeping services in Kooyong.
We assist small and medium-sized businesses across various industries in minimising tax and staying compliant. Our experts can guide you in selecting the most suitable tax structure for your needs. At Foresight Accounting, we prioritise continuous professional development to ensure you receive accurate and up-to-date GST and tax compliance advice.
Small Business Accountant - Kooyong
We recognise the unique challenges that come with being a small business owner or investor. Entrusting someone else with your financial matters isn’t easy, but managing payroll, invoicing, superannuation, and tax obligations—on top of running your business—can quickly become overwhelming.
This is where we come in. At Foresight Accounting, we handle your financial planning needs so you can reduce stress and work fewer hours. With our wide range of services and fee refund guarantee, you can be confident that we are dedicated to your small business success.
If you're looking for expert accounting advice closer to your area, we also provide business accounting services across a range of suburbs in and around Melbourne.
Industries We Service
Foresight Accounting understands the unique challenges and financial needs of various industries. Our team of experienced accountants focuses on developing tailored financial management strategies for businesses across different sectors. By providing customised solutions, we help you make informed decisions that benefit your business and investments in the present and future.
We work with businesses of all shapes and sizes, offering support across a broad range of industries.
Supporting the hair and beauty industry with tailored financial advice, from tax planning and budgeting to managing ongoing cash flow.
Want to grow your business with confidence? We assist with the financial side so you can focus on achieving your goals.
Let us take the stress out of property accounting and tax planning so you can focus on growing your portfolio and returns.
In any trade, getting on top of finances matters - we assist with tax planning, profitability, and efficient financial systems.
Managing a medical practice of any type requires specific accounting assistance - which we provide - so you can deliver quality patient care.
Full Service Accounting Firm FAQs
Do I need a business accountant for a very small business?
Handling small business accounts on your own can be challenging and time-consuming. With the support of an expert small business accountant, you can confidently manage your finances and receive personalised advice to help you achieve your financial goals.
Do I need a small business accountant if I already have Xero?
While Xero simplifies business accounting, it still takes time and effort to manage properly. Partnering with a small business accountant can free up your schedule, reduce stress, and let you concentrate on growing your business.
Do I need a business accountant as a sole trader?
While hiring an accountant may seem unnecessary, the right accounting support can make a huge difference. A skilled accountant helps streamline tax compliance, uncover potential savings, manage risks, and free up your time—allowing you to focus on growing your business.
Do I need a business accountant as a start-up?
You might think managing your own business finances is the best option, but DIY accounting comes with risks. You could miss out on valuable tax breaks, fall behind on invoicing, miscalculate your tax bill, or lack the insights needed for informed decision-making. A business accountant helps minimise these risks while keeping your finances on track.
How do I choose the right accountant for my business?
Selecting the right accountant is an important decision. Consider their location, how responsibilities will be shared, and the accounting software they use. Ensure they are a certified or chartered accountant with experience relevant to your industry. Your business and social networks can also be valuable resources for recommendations.
How do I know if I need an accountant or a bookkeeper?
A bookkeeper helps with payroll, keeps track of daily transactions, manages invoices, and reconciles accounts. If you need frequent support with financial transactions, bookkeeping services may be ideal. But if you require broader accounting expertise and business financial advice, an accountant could be the right choice for you.
What Makes Our Business Accounting Services Different?
Your success is our priority. We are committed to providing exceptional service and expert financial guidance to every client who relies on us for their financial future.
Experienced Leadership
Lawrie Carrozza, our firm director, brings more than just accounting expertise—he is also a business builder, entrepreneur, and property developer. With experience running diverse companies across Australia and internationally, he understands the unique financial needs of various industries.
Caring and Ethical
We truly care about our clients by building strong, long-term relationships. Our fees are honest and itemised, so there are no surprises. We communicate effectively and do not charge for queries or phone calls. And best of all, we are approachable and friendly, often discussing your business over a coffee.
Proactivity
Our team is always looking for proactive strategies to optimise your tax position and drive business growth and profitability. We take pride in being one of Australia’s most innovative and dynamic accounting firms.
The Perfect Match: Your Business and Foresight Accounting
Our expert accountants and financial advisors, combined with our extensive services in Kooyong and surrounding areas, plus our business networks in Melbourne, Sydney, and Brisbane, make us the ideal choice for all your financial requirements.
Here is some client feedback we have received:
We have known and used the services of Lawrie Carrozza and his team for over 20 years. We could not have grown our business without their expertise and highly recommend their services to both business and personal requirements.
I have used Lawrie & his team for one year now. I have found them to be very professional and very knowledgeable and would definitely recommend them.
We have been using Lawrie and his team since 2006. We attribute a large part of our success to their professionalism and thorough business knowledge. Their advice and guidance has been instrumental in our business growth and has taken the guesswork out of investment when planning for our family’s future.
Book Your Obligation-Free Business Accounting Consultation
From small businesses to growing enterprises, we are dedicated to supporting business owners across industries in achieving financial success. With our fee refund guarantee and obligation-free consultation, Foresight Accounting is a choice you can make with confidence. Book online today for expert financial and accounting services!
Visit us in Kooyong
FREE NO OBLIGATION CONSULTATION
Phone 1300 120 220 or book online to reserve your space!