Looking for Comprehensive Financial Management to Boost Your Business?
Passion fuels your business, but let’s be real—being a business owner or investor can be overwhelming. Success requires balancing countless tasks, from meetings and staff management to marketing and operations. With so much to handle, it’s easy to feel like the work never ends!
Picture this: your business accounting is in expert hands, freeing you to focus on what truly matters. At Foresight Accounting in St Kilda, 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: St Kilda Services
"Your vision is our focus"—at Foresight Accounting, this isn’t just our motto; it’s our commitment. We dedicate ourselves to helping small and medium businesses in St Kilda and surrounding areas achieve their financial goals. Our expert team works with entrepreneurs, hair and beauty salon owners, property investors, medical professionals, and tradespeople, providing tailored financial solutions to support their success.
Foresight Accounting provides more than just taxation services. We offer strategic business advice, a full business structure review, wealth and property accumulation education, financial services, self-managed superannuation funds, and/or bookkeeping services. We provide all our clients with real financial choices whilst empowering them towards a financial future they may never have thought possible.
Our Business Accounting and Advisory Services
As St Kilda-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.
Setting up a self-managed superannuation fund (SMSF) can be a game-changer for your financial future. Our business accounting services cover everything from establishing your fund and securing an ABN and TFN to offering expert tax strategies. With the right approach, the tax benefits are simply too valuable to miss out on!
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.
As our affiliate partner, Finwizard Advisory delivers expert property investment advice and portfolio-building services. Their dedication to ethical practices, integrity, and client-focused service sets them apart. Partnering with Foresight Financial Planning, they provide a well-rounded approach to property and investment strategies tailored to your business needs.
Our bookkeeping services are designed to meet the unique needs of your business. While Xero is our preferred software for its ease of use and accessibility, we also support MYOB, QuickBooks, and other bookkeeping platforms. For added convenience, we offer on-site bookkeeping services in St Kilda. We offer a range of bookkeeping services tailored to your business needs. Xero is our preferred software due to its user-friendly features, but we also provide support for MYOB, QuickBooks, and other bookkeeping tools. Additionally, we offer on-site bookkeeping services in St Kilda for hands-on assistance.
We offer services to small and medium-sized businesses across various industries to minimise tax and ensure compliance. We can also provide advice on the establishment of tax structures, and which may be best for you. Our team at Foresight Accounting undertakes extensive professional development so you receive relevant and accurate GST and tax compliance advice.
Small Business Accountant - St Kilda
We understand that running a small business or managing investments comes with its own unique challenges. Trusting others with something so important isn’t easy. But we also know how overwhelming it can be to handle payroll, invoicing, superannuation, and tax obligations—all while focusing on delivering exceptional service to your clients or customers.
This is where Foresight Accounting comes in. Allow us to reduce your stress and your working hours by taking care of all your financial planning needs. With our full range of services at your disposal and our fee refund guarantee, you can feel confident that we will do our very best for your small business.
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.
From startups to established enterprises, we support business owners across various industries with tailored financial services.
We help professionals in the hair and beauty industry stay on top of their finances through support with budgeting, tax planning, and managing cash flow.
Aiming for business growth? Let us help you manage the financial side so you can focus on what matters most.
Struggling with tax and property finances? We’ll manage the details so you can move forward with clarity and confidence.
Whether you're a sparkie, plumber, or chippy, we’ll help you grow your profits, reduce tax, and stay on top of your finances.
Supporting the financial side of your medical practice so you can focus on delivering care without the stress of managing the books.
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?
Xero makes DIY accounting easier, but it doesn’t eliminate the time commitment required. A small business accountant can take the pressure off, giving you more time to focus on running and growing your business.
Do I need a business accountant as a sole trader?
Hiring an accountant often seems like a luxury. But using business accounting services at the right time and in the right way can yield significant returns. Not only will they save you a lot of time, but they can also keep control of your tax obligations, identify savings, incorporate risk management, and help you grow 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?
Choosing an accountant is a crucial step for your business. Consider their proximity, how you will split financial tasks, and the accounting software they work with. Look for a certified or chartered accountant with experience in your industry, and don’t hesitate to ask for recommendations from your business and social circles.
How do I know if I need an accountant or a bookkeeper?
Bookkeepers handle essential financial tasks such as payroll, invoice management, transaction recording, and reconciliation. If your business requires frequent assistance with transactions, bookkeeping services could be beneficial. However, if you're looking for strategic financial guidance and a wider range of accounting services, an accountant may be the better option.
What Makes Our Business Accounting Services Different?
We are dedicated to helping you achieve your financial goals. Our team takes pride in delivering top-quality services to every client who places their trust in us.
Experienced Leadership
Lawrie Carrozza, our firm director, combines his accounting knowledge with hands-on experience as a business builder, entrepreneur, and property developer. With a history of running businesses across Australia and overseas, he has deep insight into the financial challenges and opportunities that businesses face.
Caring and Ethical
At our core, we prioritise strong, lasting relationships with our clients. Our fees are transparent and itemised, ensuring no unexpected costs. We value open communication and never charge for queries or phone calls. Most importantly, we are friendly and approachable—always happy to chat about your business over a coffee.
Proactivity
We are proactive in looking for ways to improve your business' tax position and business growth and profitability. In fact, we pride ourselves on being one of the most innovative and proactive accounting firms in Australia.
The Perfect Match: Your Business and Foresight Accounting
Our full range of services in St Kilda and surrounding areas, our team of expert accountants and financial advisors, and our business connections across Melbourne, Sydney, and Brisbane, make us a perfect match 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
No matter the size of your business, we are eager to help all business owners across various industries meet their business needs and help them achieve financial success. With our fee refund guarantee and obligation-free accounting consultation, you can be confident in choosing Foresight Accounting. For assistance with all your financial requirements and business accounting services, book online today!
Visit us in St Kilda
FREE NO OBLIGATION CONSULTATION
Phone 1300 120 220 or book online to reserve your space!