Guide growth

Business partners that have your back

Advisory – Business partners that have your back.

The business landscape is constantly changing!

It is demanding work just running your business, let alone growing it, getting your strategy and operations right, recognizing and managing risk, and making sure that your business is compliant with regulations.

It is about impossible to do it all (at least not without your health or family suffering), and ensuring your business thrives.

The Business Lighthouse team provides much more than just staying compliant with the whole raft of regulations. Our team of finance professionals not only provide BAS lodgements, PAYG and Payroll, and accounting/taxation services. We also offer comprehensive business advice for small to medium businesses and function as a sounding board for your questions and ideas.

Our advisory services include

•       Business structures

•       Business purchase assistance including due diligence work

•       Strategic planning advice

•       Systems and Operations procedures development

•       Risk analysis

•       '3 Way' Budgeting and Reporting. Profit & Loss, Cash Flow, and Balance Sheet budgets.

•       KPI (Key Performance Indicator), analysis

•       Self-Managed Superannuation Fund management

•       Governance advice

•       ESG (Environmental Social Governance) management and advice

We will customize a monthly retainer package that suits your business’s budget and requirements, so you are paying for the services you need most.

This package can also be built into and included as part of our Integrated Finance Department service package. This brings your finance operations under ‘one umbrella' with one monthly fee, ensuring you can plan with no uncertainties.

With the Business Lighthouse team guiding you, your key business decisions will not be made on ‘just a hunch’, but as a result of expert financial advice and key data.

Trusted by leadership teams across Australia.

Willum Warrain

Advice we have received over the last five years has enabled us to flourish

Business Lighthouse have been critical to the development of our Aboriginal community organisation since 2014 when we first opened our doors. The financial services support, expertise and advice we have received over the last five years has enabled us to flourish. We have really appreciated our relationships with their friendly staff who have always been approachable and committed to Willum Warrain's success.

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Peter Aldenhoven

Peter Aldenhoven

Managing Director

Willum Warrain Aboriginal Association

Russell Cagnacci

No task is ever a problem, no matter how easy or complex the task

Maddingley Montessori Centre appointed Business Lighthouse over 2 years ago as our Virtual Finance division. The team at Business Lighthouse are exceptional and no task is ever a problem, no matter how easy or complex the task.

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Russell Cagnacci

Russell Cagnacci

Managing Director

Maddingley Montessori Centre

Genevieve Hewson

Can't recommend highly enough

We can't recommend Business Lighthouse highly enough - if you are a small business looking for an extremely efficient and trustworthy team to help you handle your accounts, business processes and cash flow, these are the guys for you.

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Genevieve Hewson

Genevieve Hewson

Managing Director

Walter G Australia

Nic MacIsaac

Exceptionally well looked after

It started with the integration of Xero with our inventory system Trade Gecko & our POS system Shopify and now they provide the full Virtual Finance Dept service for us, run our payroll, look after our quarterly BAS and lodge our annual returns.

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Nic MacIsaac

Nic MacIsaac

Managing Director


Luke Woollard

Love working with them and we suggest you might too

PILOT real estate agents has had numerous accountants as we've gone about our business journey in two States. I haven't yet found an accountant team as nice, as highly effective or as honest as Business Lighthouse. We love working with them and suggest you might too.

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Luke Woollard

Luke Woollard

Managing Director

PILOT Real Estate Agents

Get started with Business Lighthouse

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Your questions about accounting and bookkeeping.

Why is Business Lighthouse different?

Business Lighthouse provides innovative solutions, with a client-centred approach, to help build local businesses into a force for social good. Yes there is a lot in that sentence. We understand that compliance is necessary however it is only one part of what we do to support businesses. We understand the importance of solid processes and systems to strengthen operations as well as the need to support your business strategy through comprehensive financial forecasting.

What is tax planning?

Tax (Income Tax), planning is the process of 1. Firstly estimating the likely income and expenses and thus net taxable profit for the selected period (such as financial year-end), and the resultant tax liability of your business or organization. 2. Secondly providing some options or action points to complete before the end of the period to help minimize your tax burden and/ or just as importantly to give clarity around the likely size and timing of the payment of the tax liability. This information most critically gives you the business owner good visibility over the timing of cash outflows from your business/organsiation providing additional rigor in your financial management process.. Tax planning can also include planning around other key liabilities such as GST and Payroll obligations as these can often be larger than income tax liabilities.

Why is Inventory so difficult to account for?

Organisations that carry inventory have more complex accounting requirements and need robust systems that account for stock on hand, stock in transit, prepaid stock, cost of goods sold, customer prepayments to name a few. They also need operational information such as production or procurement planning and warehouse solutions, And this is just for B2C (Business to Customer) business models. If you add Business to Business ie Wholesale- it can become even more complex). There are great systems that are available to small - medium sized businesses to handle the accounting and the processes. Learning to use them effectively and therefore access the right information is the key.

How do I become a turnkey business when I reach retirement age?

Passionate business owners often carry a wealth of knowledge in their minds, meaning their business success depends on their heavy involvement. When it comes time for growth, increased freedom from the daily activities, or even a complete exit, the business needs proper processes and systems. Effectively Identifying, sourcing the right software solutions and setting up the processes is a medium to long term project that requires expertise, foresight and planning and is easy to delay until it's too late. However, if this work is done effectively, it adds enormous value to the businesses sale value.

Why is proper governance important?

Corporate governance is the system by which organizations are directed and controlled. It is a system that is removed (or at least should be!), from the ‘nuts and bolts’ of running an organization or business. This is the role of management. The business environment is increasingly complicated with increasing regulatory and compliance obligations on business owners and Directors. Directors are increasingly responsible for an organization's activities that must operate within society’s framework and meet the expectations and ethical standards of that society. As well as their compliance responsibilities, Directors are responsible for the organization’s business performance and impact across wider stakeholders. Proper governance provides valuable and essential high-level oversight and guidance on an organization's operations, strategy, risk management, and culture. It is governance that helps ensure organizational success, adding value to all stakeholders and not just shareholders. It is about the long term, not just 'short-termism'! There is no question that proper governance contributes to better organizations and businesses and thus a better society.

How do I obtain DGR status?

DGR means an entity is able to provide receipts for donors’ tax deductibility which is often critical to successful fundraising efforts. Applications for DGR status are made to, and approval is granted by, the ATO. However, the application process is complicated by other regulatory bodies such as ASIC, Consumer Affairs or (other Australian state compliance bodies) and ACNC (Australian Charity and Not-for-profit commission). In order to satisfy the ATO, the criteria for all relevant bodies need to be satisfied and the organisation needs to be compliant across all regulatory bodies individually. In addition, there needs to be alignment and consistent information provided registrations of all bodies relevant to the organisation. Matters that need to be highly considered include: members, the constitution, organisations purpose and main activities amongst other complex issues such as correspondence with ATO regarding the application.

Find a partner that helps your business grow

Our team of experienced finance professionals will take the stress and anxiety out of your bookkeeping and accounting.