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!
Now picture this. You no longer have to worry about your business accounting because you have trusted a business advisory expert to care for all your financial requirements. At Foresight Accounting in St Kilda, we understand your time is precious. By providing our extensive business accounting services, our target is to see your business achieve the best possible financial outcomes and alleviate the stress that can be associated with financial management. We are here to help you!
Specialists in Small Business Accounting: St Kilda 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 St Kilda 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 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 accountants in St Kilda, we are proud to be in a position where we can provide reliable business solutions to locals and support our clients with all their financial affairs. The services we offer are varied and comprehensive to meet your needs and help you towards 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.
A self-managed superannuation fund (SMSF) can be a smart financial move. With our expert business accounting services, we can assist you in setting up your SMSF, securing an ABN and TFN, and providing strategic tax advice to maximise your benefits. The tax advantages alone make it a worthwhile investment!
Foresight Wealth, our affiliate partner, is equipped to provide advice in the area of financial planning and reporting. We can help you to plan for retirement or manage your estate, monitor your investments, and ensure your wealth is protected and insured. We can also assist you with profit and loss statements and balance sheets.
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.
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 St Kilda.
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 - 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.
Foresight Accounting is here to help. We take the stress out of financial planning so you can reclaim your time and focus on growing your business. With a full suite of services and our fee refund guarantee, you can rest assured that your small business is in good hands.
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 are experienced in assisting a wide range of business industries, small and large, for business people and entrepreneurs alike.
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.
Looking to drive growth and success? We can help with all the financial aspects to help you reach your business goals.
Not confident with tax planning or property accounting? We can take care of it and help you make the most of your returns.
In any trade, getting on top of finances matters - we assist with tax planning, profitability, and efficient financial systems.
We take care of the numbers so you can take care of your patients - accounting services designed for medical practices.
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?
Handling your own financial management may seem like a cost-saving move, but DIY accounting can lead to missed tax opportunities, invoicing delays, tax miscalculations, and costly errors. A business accountant can help you avoid these pitfalls, giving you the confidence to make well-informed financial decisions.
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 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?
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, 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
Our commitment to clients goes beyond numbers—we focus on building strong, long-term relationships. We provide clear, upfront pricing with no hidden fees, and we never charge for calls or queries. Most importantly, we’re friendly, approachable, and always happy to chat about your business over a coffee.
Proactivity
We go beyond traditional accounting by proactively identifying opportunities to improve your tax position, grow your business, and boost profitability. Innovation is at the heart of what we do, making us one of Australia’s most forward-thinking accounting firms.
The Perfect Match: Your Business and Foresight Accounting
Our expert accountants and financial advisors, combined with our extensive services in St Kilda and surrounding areas, plus our business networks in Melbourne, Sydney, and Brisbane, make us the ideal choice for all your financial requirements.
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
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 St Kilda
FREE NO OBLIGATION CONSULTATION
Phone 1300 120 220 or book online to reserve your space!