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!
Imagine a world where you no longer have to stress about business accounting—because you’ve entrusted a dedicated business advisory expert to handle it all. At Foresight Accounting in Glen Iris, we know your time is valuable. That’s why our comprehensive accounting services are designed to help your business achieve the best financial outcomes while taking the burden of financial management off your shoulders. We’re here to support you!
Specialists in Small Business Accounting: Glen Iris 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 Glen Iris and the surrounding suburbs. Our firm specialises in assisting businesspeople and entrepreneurs, hair and beauty salons, property investors, medical professionals, and tradespeople in business.
At Foresight Accounting, we go beyond taxation services. Our expertise includes strategic business advice, comprehensive business structure reviews, wealth and property accumulation education, financial services, self-managed superannuation funds, and bookkeeping. We empower our clients with real financial choices, guiding them towards a future they may never have imagined possible.
Our Business Accounting and Advisory Services
At Foresight Accounting, we’re dedicated to supporting Glen Iris businesses with reliable financial solutions. Our extensive range of services is tailored to meet your unique needs, helping you navigate your financial affairs and move closer to achieving your goals.
Strategic Business Structure Advice
Whether you're buying, selling, or merging a business—or simply striving to unlock your business’s full potential—Foresight Accounting provides expert strategic advice. Our business advisory services cover cash flow management, mergers and joint ventures, business loan restructuring, product and service development, budgeting, business planning, and 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!
Foresight Wealth, our trusted affiliate partner, provides expert financial planning and reporting services. Whether you need guidance on retirement planning, estate management, or investment monitoring, we help protect and grow your wealth. We also assist with profit and loss statements and balance sheets, giving you a complete financial picture.
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.
To help businesses stay on top of their finances, we offer a variety of bookkeeping services. While we recommend Xero for its simplicity and accessibility, we also work with MYOB, QuickBooks, and other software. For those needing extra support, we provide on-site bookkeeping services in Glen Iris.
We provide tailored tax and compliance solutions to small and medium-sized businesses across multiple industries. Our team offers expert guidance on tax structures, helping you determine the most effective approach for your business. With continuous professional development, Foresight Accounting delivers the latest and most accurate GST and tax compliance advice.
Small Business Accountant - Glen Iris
Being a small business owner or investor comes with its own set of challenges, and we know how difficult it can be to entrust others with what matters most to you. At the same time, managing payroll, invoicing, superannuation, and tax obligations—while also serving your clients—can be exhausting.
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.
Helping business owners and entrepreneurs across multiple sectors with financial guidance that suits their size and structure.
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.
We manage the complexities of tax planning and property accounting, helping you boost returns and handle real estate transactions smoothly.
In any trade, getting on top of finances matters - we assist with tax planning, profitability, and efficient financial systems.
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?
Trying to self-manage the accounts for a small business can quickly become complex and overwhelming. An expert small business accountant can assist you in keeping track of your business' finances and help you work towards your financial goals with tailored advice.
Do I need a small business accountant if I already have Xero?
Xero is a useful tool when it comes to DIY business accounting, but it still requires a lot of time and effort from you as a small business owner. Investing in a small business accountant can alleviate your stress and allow you to spend more time doing other important tasks.
Do I need a business accountant as a sole trader?
It’s easy to think of hiring an accountant as an added expense, but strategic business accounting services can offer substantial returns. They not only free up your time but also manage tax responsibilities, uncover savings, implement risk management strategies, and support business growth.
Do I need a business accountant as a start-up?
It might feel like you should do your financial management yourself rather than outsourcing. However, DIY business accounting can mean missing out on tax breaks, falling behind in invoicing, underestimating your tax bill, making mistakes, or not having the right information to help you make informed decisions. Having a business accountant can reduce the extra risks and costs involved in business accounting.
How do I choose the right accountant for my business?
Choosing the right accountant requires careful consideration. You should think about the accountant's location, the division of workload, and the type of accounting software you will use. Make sure to choose a certified or chartered accountant and look for one with expertise relevant to your business. Your business and social networks may also be helpful in suggesting the right firm or accountant.
How do I know if I need an accountant or a bookkeeper?
A bookkeeper can assist with payroll, maintain daily financial records, manage invoices, and reconcile transactions. If you require frequent support with transactions, whether daily or multiple times a month, bookkeeping services may be the right fit. However, if you need broader financial advice and accounting services, an accountant might be a better choice.
What Makes Our Business Accounting Services Different?
Our team is committed to getting you the results you want. We strive to deliver high quality services to each and every client who trusts us with 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 believe in building genuine, long-term connections with our clients. Our pricing is clear and itemised, with no hidden surprises. We keep communication open and won’t charge for your questions or phone calls. Best of all, we’re down-to-earth and approachable—always ready to discuss your business over a coffee.
Proactivity
We take a proactive approach to enhancing your business’s tax position, growth, and profitability. Our dedication to innovation sets us apart, making us one of Australia’s leading forward-thinking accounting firms.
The Perfect Match: Your Business and Foresight Accounting
With a comprehensive range of services in Glen Iris and nearby areas, a team of expert accountants and financial advisors, and strong business connections across Melbourne, Sydney, and Brisbane, we are well-equipped to meet all your financial needs.
Here’s what our clients are saying about their experience with us:
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
Regardless of your business size, we are committed to helping business owners across different industries achieve their financial goals. With our fee refund guarantee and obligation-free consultation, you can trust Foresight Accounting to support your success. Book online today for expert financial guidance and business accounting services!
Visit us in Glen Iris
FREE NO OBLIGATION CONSULTATION
Phone 1300 120 220 or book online to reserve your space!
