Whether you want to grow your business, your personal wealth, or a combination of the two, we’re here to help.
We’ve been doing it for more than 20 years for well over 10,000 clients.
© Copyright 2020 The Practice | All Rights Reserved
You’ve poured time, energy, and commitment into building your business, now it’s time to ensure it delivers the financial rewards and lifestyle you set out to achieve. At The Practice, our Business Advisory services are designed to help you take control, work smarter, and move confidently towards your goals.
We blend the technical foundations of business accounting, business tax compliance, and financial statement preparation with forward-looking strategic guidance — helping you plan ahead, stay agile, and make decisions with clarity.
We understand that many businesses seek out “accounting” or “tax advice,” but what they often need is broader, ongoing business support. That’s why our Business Advisory division takes a more comprehensive view, offering everything from budgeting and forecasting to cash flow improvement and business planning.
Our advisers are more than just accountants. We’re partners in your progress, combining technical knowledge with commercial insight to help you grow profits, unlock value, and build a business that supports your lifestyle.
Our vision is to help you build a business that’s ready to achieve your financial goals. To do this, we dive deeper than anyone else to understand the key drivers of your business, so we can improve your cash flow, grow profits, and maximise business value.
From Cash Flow Improvement to Tax Compliance services and Financial Statement Preparation services, we offer everything you need to get the results you want.
We take the time to understand
your needs and unique
challenges so that we can
provide tailored solutions to help
you reach your goals.
Being proactive advisers is in our
DNA. We’ll employ the same
proven methodology that’s
enabled us to grow our own
business.
Our experts maximise every
opportunity for you while
minimising hassles. We manage
the process and are always on
hand to advise you.
We take the time to understand
your needs and unique
challenges so that we can
provide tailored solutions to help
you reach your goals.
Business owners often have complex personal tax arrangements that require detailed attention. We’re here to ensure that you remain compliant from a personnel tax point of view, as well as in your business.
Oversight involves the proactive management of your compliance requirements to meet your statutory obligations and give you the foundations for success.
Keeping the books in order can be a major burden on small and medium-sized businesses, and we want to ensure there’s no chance that your record keeping will get in the way of your progress.
Insight is about developing a deep and accurate understanding of your situation and needs so we can help you build an action plan to achieve your goals. The focus is to increase cash flow, profitability and business value.
Insight broadly involves developing and implementing a strategic plan then monitoring performance and refining the plan as required. We use internal specialist skillsets and relevant external business partners to ensure a perfect match to your needs.
While various members of The Practice team have experience across a broad range of industry sectors and much of our professional knowledge is readily transferable, we have developed particular expertise and experience in the following industry-specific niches:
Entertainment
Franchising
Health & Wellbeing
Child & Aged Care
Real EstateWe explain what we’re doing, and why, then guide you every step of the way to make your dreams reality.
Our business advisory services cover a full range of financial and strategic support designed to help you meet your goals. These include business accounting, business tax planning, financial statement preparation services (Australia), tax compliance services, budgeting and forecasting services, and more. We tailor every engagement to meet your business’s size, structure, and aspirations.
While traditional accountants focus on compliance and reporting, our business consultants in Melbourne go further. Our Business Advisory team takes a strategic, future-focused approach, supporting everything from cash flow improvement and tax compliance to long-term planning and business value growth. We can still provide full business accounting services, but with a broader perspective.
Yes. We offer detailed business budgeting and forecasting services tailored to your business. These services are essential for effective decision-making, cash flow management, and growth planning.
Whether you’re launching a new venture or scaling an existing business, our financial insights support stronger outcomes.
Absolutely. Cash flow management is a key component of our Business Advisory service. Our team works with you to analyse spending patterns, identify profit drivers, and implement systems that support better cash flow control. We also help with cash flow management Melbourne businesses can rely on.
Yes — we provide financial statement preparation services to meet compliance requirements and support internal planning. Accurate, timely financial statements also help position your business for future funding, investment, or sale.
We do. Our team handles BAS lodgement, GST obligations, and full tax compliance services to ensure your business meets all legal requirements. We also keep you informed of upcoming deadlines and regulatory changes.
We start with a strategy session to understand your goals, business structure, and challenges. From there, we recommend a tailored mix of business support services, which may include accounting, business tax, cash flow improvement, strategic business planning, and more.
Yes — strategic business planning is a core part of our advisory service. We help Melbourne businesses clarify goals, forecast financial outcomes, and build sustainable plans for growth or succession.
Definitely. We support businesses preparing for sale by improving financial reporting, ensuring compliance, and enhancing value. Our business consultants also guide you through due diligence and help set you up for a smooth transition.
