Looking for reliable Payroll and Bookkeeping Services with something extra? At Business Profit Lab, we offer professional bookkeeping explicitly tailored for new and small businesses, plus complimentary 6-week business coaching to help you grow smarter. Whether you are just starting or have been running a business for a while, we’ve got you covered with expert bookkeeping services and practical business coaching to accelerate your success.
Our expert bookkeeping services are designed for startups and growing businesses. From BAS lodgements and payroll
to financial reporting and budgeting, we handle the numbers while you focus on growing your business. With rates starting from $25 per hour, we make professional financial management affordable and accessible to all. We also offer affordable bookkeeping services for small businesses in Perth, WA, so you can scale your business without worrying about the numbers.
As a startup, you're probably juggling numerous daily tasks, marketing to operations, sales, and customer service. Amidst all this, one aspect of your business that cannot be overlooked and avoided is your bookkeeping. Bookkeeping may seem like a chore but its significance cannot be understated when laying the right foundation for your company. The following are the reasons why bookkeeping services are essential for a new business:
SAVES TIME
Reduces time spent on financial tasks
SAVES TIME
When you are in the beginning of your business, the amount of time you spend on any task is valuable. As a startup owner, you have limited resources. So you must spend your time on the core activities that will take your business forward. That includes making more customers, enhancing your product or service, and increasing brand awareness. Handling your finances or relying on unqualified staff can waste time on tedious tasks, distractions, and mistakes.
Professional bookkeepers take the burden by handling your day-to-day financial transactions, making sure your books are current and eliminating the need to consider financial matters on a constant basis. This frees you up a great amount of time to concentrate on building your business.
IMPROVES ACCURACY
Ensures precise financial records
IMPROVES ACCURACY
As your business grows, the financial transactions increase and become more complex. This means that accuracy when accounting for transactions becomes more important than ever. A small mistake in a financial report can cause tax issues, missed opportunities, or even legal issues later on.
Bookkeepers are educated to manage financial information that may be complex and ensure that your data is properly arranged. They make your data free of errors. They employ accounting software and tools such as MYOB, Xero, and QuickBooks. These tools automatically monitor and update financial transactions in real time. This eventually reduces the risk of human mistakes.
KEEPS COMPLIANT
Maintains adherence to financial regulations
KEEPS COMPLIANT
To ensure that a company can run efficiently without triggering costly fines, being in compliance with tax law and regulation is crucial. If you're filing a BAS (Business Activity Report) or managing contributions to superannuation contributions, making sure you are in compliance with all legal and financial obligations is a major job. For businesses that are new, not meeting the deadline or not submitting financial information can be disastrous.
If you hire an experienced bookkeeper, you'll be confident that the records of your finances are compliant with Australian tax laws. They'll manage BAS filings, track the superannuation deadlines, and ensure that you're ready to face any audits.
BETTER CASH FLOW MANAGEMENT
Enhances control over financial resources
BETTER CASH FLOW MANAGEMENT
A well-organized cash flow management system is among the main reasons why many startups fail. Without having complete knowledge of where the money comes from and where it goes, it's hard to determine the amount of money you'll need to cover operating costs, invest in growth opportunities, or pay employees promptly.
A professional bookkeeper will help you in keeping track of the flow of cash and expenditures in real time, and help you make better financial choices. The most current information on cash flow gives you knowledge of the potential for financial gaps and will make prompt adjustments to rectify the situation. Additionally, they aid in planning for large expenses and make sure you have enough funds available when you require them.
SUPPORTS BUSINESS GROWTH
Facilitates strategic financial planning
SUPPORTS BUSINESS GROWTH
An accurate and timely financial report is essential to make plans and forecasts for growth. In the beginning it's easy to concentrate exclusively on sales and marketing and not be aware of the financial condition of your business. Bookkeepers can provide you with important information regarding your financial health, and help you to make more informed decisions regarding how to spend your money in order to achieve maximum growth.
By implementing the correct bookkeeping processes in place it is possible to gain a clear view of your company's performance that will enable you to pinpoint areas where you can lower costs, increase revenue, or invest in strategic ways.
SIMPLIFIES TAX TIME
Streamlines tax preparations processes
SIMPLIFIES TAX TIME
It's a hassle to business proprietors, particularly in the event that their books aren't maintained. In the event that you do not have accurate and up-to-date data it may be difficult to file tax returns on time, or pay more than you should. Professional bookkeepers will ensure that your records are organised and accurate, which facilitates tax filing much easier.
Bookkeepers will not only draft all the financial statements that are required by your business, but they'll make sure that you're complying with all ATO requirements. This reduces the risk of making mistakes that could eventually lead to sanctions.
PROFESSIONAL INSIGHT
Provides expert financial advice
PROFESSIONAL INSIGHT
Alongside managing your finances properly, a seasoned bookkeeper can give you invaluable insights into your company's financial performance. They are able to detect patterns, spot possible issues early, and provide suggestions on how to improve your financial strategy.
For instance, a bookkeeper might suggest ways to improve your efficiency and improve profitability, or the control of your cash flows. These tips could be helpful in your efforts to expand your business and make best decisions based on the information.
Growth Achieved
Successful Joint Ventures Completed
FREE organic leads generated
Years in Accounting & Business Growth
When it comes to selecting an accounting service you need someone who is not just aware of the complexities of managing finances, but is also in tune with your goals to grow. This is why Business Profit Lab is the best choice for bookkeeping needs in Perth:
Affordable & Transparent Pricing
We know that for an entrepreneur, whether small or a start-up owner, every penny matters. This is why we provide transparent pricing that is easy to comprehend. With rates starting from just $25 per hour, we make professional financial management affordable to all. This ensures that you receive the help you require without costing you a fortune.
The pricing we offer is flexible. This means that you only pay for the hours you use, and you aren't bound by long-term contracts. We're the ideal choice for small-scale businesses that require expert bookkeeping but without the cost.
No Lock-In Contracts
Unlike many bookkeeping services that require long-term commitments, we offer a flexible plan. This allows you to get a feel for our services and ensures we build a solid financial foundation before committing to a longer-term arrangement. We believe in earning your trust through the quality of our work, not through rigid contracts.
Perfect for Startups & Small Business Owners
Our services are designed specifically for small businesses and startups proprietors in Perth. We understand that small and medium-sized businesses have unique challenges, particularly in managing their finances. This is why we provide tailored services for bookkeeping that will expand with your business. If you require assistance in BAS filings or payroll management, as well as tax-filings, we'll be ready to help you stay in control of your finances.
Expert Support with a Personal Touch
We’re not just a faceless company using accounting software. We believe in providing personalized service from real professionals who are invested in your success. If you select us, you'll work with a group of highly experienced bookkeepers from Perth WA who know the particular requirements of your business. Our team of experts will spend time to fully understand the goals of your business and assist you tackle financial issues as you go.
Focus on Growth
At Business Profit Lab, we understand that you’re in business to grow. Our bookkeeping services allow you to focus on what matters most-growing your business-while we handle the numbers. We are committed to helping you achieve your long-term business goals by ensuring your finances are in order.
We provide a comprehensive range of bookkeeping services designed to meet the needs of small businesses. Whether you are just starting or need more advanced financial management, we have the expertise and tools to support your business. Our services include:
Business Accounts Health Check
Monitoring the health of your accounts is vital in ensuring that your business is on the right track. We conduct a business-related accounts health check to analyze your finances, analyze your financial health and pinpoint areas for improvement. This proactive approach can help you identify potential issues before they escalate into serious issues.
Account Reconciliation
Even if you are using the bank feed software or other accounting tools it is possible to make mistakes in your accounting records. The reconciliation services we offer for accounts makes sure that every transaction is matched, giving you confidence that your financial records are correct. This process helps to identify problems as well any non-paid bills that could cause issues later on.
Bookkeeping System Setup
Establishing a reliable simple bookkeeping system that is easy to understand is vital to managing your money effectively. We assist you in choosing and establishing the most appropriate system for your company making sure that financial transactions are arranged. We make sure that they are also easily accessible and transparent.
Reporting Service
We offer regular financial reports customized to your requirements by using programs such as MYOB, Xero, and QuickBooks. The reports we provide help you monitor your financial performance which allows you to make educated business decision-making.
Rescuing Service
If your bookkeeping has fallen behind or been poorly managed, don’t worry-we offer a rescuing service to clean up your financial records. Whether you’ve missed BAS lodgements, payroll errors, or other accounting issues, we’ll step in and get things back on track.
Inventory Tracking Service
For businesses that handle inventory, it’s crucial to have an accurate inventory tracking service. We help you monitor and manage stock levels, ensuring your records match your physical inventory and helping you avoid costly mistakes.
Cash Flow Management
We can help you manage your cash flow efficiently by tracking expenses and income, and ensuring that you have enough funds in reserve to meet your operating needs. By keeping an eye over your cash flow, we can help you stay clear of unanticipated financial challenges.
Payroll Management
As part of our payroll management services, we ensure that your employees are paid accurately and on time, with the correct deductions and superannuation contributions. We also handle the paperwork and compliance requirements, making payroll stress-free for you.
Registered BAS Agents
Our team of certified BAS agents will ensure that your BAS submissions are completed promptly and accurately which reduces the chance of penalty and ensures that you are in compliance with ATO.
Bookkeeping Software Support
We're comfortable working with whatever bookkeeping software you prefer, QuickBooks, Xero, MYOB, or any major accounting platform. If you've already got something in place, we'll work with you. If you're starting from scratch, we'll help you set things up in a way that will help you grow your business and keep everything running smoothly.
Tax and Superannuation Payment Management
We also manage your tax and superannuation payments, ensuring that your obligations are met on time, and you remain compliant with Australian regulations.
Never Miss a Deadline Again
You will have your own custom-built calendar tailored to remind you of everything you need. You’ll also receive a fully developed bookkeeping manual, making it easy for anyone to manage your books with clarity and consistency for life. As year-end approaches, we streamline your tax season with organized file preparation.
Our business coaching course provides everything you require to start and expand your business for FREE. While similar programs cost around $997, our expert-led courses provide training on timing management, pricing strategies, branding, sales mentality, and other topics free to our customers. You'll have access to templates, tools and weekly accountability checks-ins, live workshops, as well as a welcoming community created to help you build sustainable, profitable business with confidence.
Business Profit Lab’s mission behind Business Growth Coaching
Our goal is to provide new, small and medium-sized business owners with the tools, knowledge and trust they require to continue growing sustainably and profitably. The Business Growth Coaching is built on the idea that success should not be limited by budget or background. Every determined person needs expert guidance. By utilizing practical techniques, mindset coaching and in-person support to help you conquer obstacles, improve the business model you're operating to achieve real, tangible growth. Our goal is to help you turn your ideas into results every day, one step at a time.
When you join us, you'll not only be able to get the finances under control, but you'll also get our complete Business Growth Accelerator coaching program for free. It's a potent combination that will help you achieve your goals. Our business coach team offers professional support and practical guidance to help your business grow by offering a custom-made solution.
We know that each company is different, and this is why our customized coaching program is designed to help start-ups and small-sized businesses overcome obstacles to establish the foundation for their business, and continue to grow. The thing that sets our coaching program different is that it's free and it provides you with experts and useful tools to help your business succeed without the burden of financial costs. Here's a brief overview of the features you will get from our Free customized coaching program:
Actionable Business Roadmap
A clear and concise plan of action is vital for any small-sized company to succeed. By participating in the course of our coaching program we'll help you to create a concrete business plan that will outline your goals for the short and long term. The plan will serve as a guideline for your business's path and will provide you with guidance on how to achieve your goals efficiently.
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Our business specialists can help you break down difficult goals into smaller tasks, prioritize them and establish realistic timeframes. If your goal is to increase your revenue, expand your market reach, or improve customer service, your business's roadmap keeps you on the right track.
The customized plan will be flexible that allows you to change to the changing nature of business. We'll assist you in staying flexible and responsive to change and ensure that your business is thriving even in confronting unexpected challenges.
Pricing Plans
Pricing isn't just a calculation, it's also a strategy. Through our coaching program you'll be taught how to increase your earnings through mastering value-based pricing. creating high-impact products and understanding the psychological factors that drive buyer choices. It's time to put aside trading hours for dollars and begin pricing profitably.
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We will show you the importance of value-based pricing. Learn how to price your products in relation to the results and effects you produce and not just on your time. If you shift your attention on value, you will draw in more clients, make more and perform better. Make sure you price your offers with confidence, and get the amount you deserve. Make sure your offers are positioned to ensure long-term growth.
Additionally, you will be taught how to create successful packages. Develop service packages that your customers are happy with and which increase your profits. We'll help you package your services into clear, measurable services that can be sold at more money and streamline the selling process. Know how your customers think and then communicate your services in a manner that emphasizes their value. Learn to structure your prices so that clients are willing to accept the offer without hesitation. Learn to craft compelling deals. Make use of the language and positioning to create a connection. Eliminate price objections prior to them becomes a problem.
Branding & Marketing Guidance
A solid brand identity and effective marketing strategies are crucial for the success of any small-sized company. If you're starting a new business or seeking to update your brand or marketing strategy, our brand positioning and advertising advice can help you build an appealing brand identity and get more customers.
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Through our program of coaching, we'll guide you through creating an identity for your brand that is reflective of your beliefs and is a match for your intended people. You'll discover how to place your company in the marketplace and define your unique selling point (USP) and develop communications that clearly communicate the value that you provide.
We also offer marketing advice to help you create an effective plan. It doesn't matter if it's digital marketing, social media marketing, or content marketing; our consultants will guide you on how to connect with your ideal customers and establish lasting connections. We'll assist you in identifying the most efficient marketing channels for your company and monitor the results to make sure you're receiving the highest return on the investment (ROI).
Sales Strategy Development
Every business requires an effective and clear sales plan to generate revenues and drive growth. With our coaching program, we'll help you create an effective sales plan that is aligned with your goals for business, effectively communicates your value proposition, and attracts the right clients.
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We'll assist you to find which are the best sales strategies regardless of whether they're directly selling or inbound marketing or partnership. We'll also help you develop a strategy for customer acquisition, which is focused on attracting, nurturing, and turning leads into loyal customers.
Our coaching program guides users through creating the sales funnel from attracting prospective customers to closing sales. You'll also learn to overcome objections, write convincing sales pitches, and build long-lasting relationships with your customers. These methods will enable you to boost the number of sales you make and maintain yourbusiness's growth.
Tools, Templates & Resources
A large part of our personalized training program is giving you the appropriate tools to help you with templates, tools, and other resources that will streamline your business processes, and help you implement your plans efficiently. These tools are designed to help save time, simplify your work and ensure that you're working effectively.
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We provide template templates to help you plan your financials and advertising strategies, funnels for sales and many more, allowing you to quickly implement the best tactics and methods. Furthermore, the business coaching classes give you access to an array of online resources, which you can access anytime to aid your growth and learning.
These templates and tools can aid you in implementing the methods that you have learned from coaching sessions but also serve as constant reference points as you grow your business.
Tools, Templates & Resources
The ability to be accountable is essential for growth. As a small business owner, it is easy to become distracted by daily activities and distractions. The weekly accountability checks help you stay focused on your goals and make progress.
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Each week, we'll meet to check on your progress, talk about any obstacles, and evaluate whether you're on the right track to achieve your goals. In these meetings, we'll provide advice and assistance to help you overcome challenges and remain focused. Regular check-ins can assist you in staying committed to your goals in business and keep you accountable to take action.
Expert-Led Workshops & Q&A
In addition to individual coaching sessions, our business coaching program also includes expert-led workshop
sessions and question-and-answer sessions. These sessions are designed to dig deep into a variety of business issues, from leadership to sales, marketing, and operations. They offer valuable information strategies, tactics, and the best practices to apply to your business.
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The Q&A session allows the participants to speak directly to business experts to gain additional information and tips to help overcome specific issues. The workshops and Q&A sessions offer an interactive learning experience that offers you the chance to learn through real-world examples as well as practical examples.
Growth Mindset & Confidence Coaching
Growing and starting an enterprise can be a difficult and challenging process that is filled with ups and downs. A major and crucial factor to success is the proper mental attitude. With Our growth mindset program and confidence-building coaching, we'll assist you to overcome your doubts, fears, and limitations that could hold you back from reaching your objectives.
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We'll guide you to develop the mindset of growth that is crucial for adjusting to changes, learning from mistakes and improving. Our confidence-building coaching will allow you to take a risk to make tough choices, and be a more effective leader in your company. With the right attitude, you'll be able to tackle the inevitable issues associated with expanding your company.
Ongoing Support & Community Access
Beginning a business may be lonely and lonely, but you don't have to go at it on your own. With our continuous assistance and access to our community to a community of fellow entrepreneurs and owners who understand the difficulties you're dealing with.
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You'll be able to join the small business community owners. You can share ideas, exchange experiences, and help one
another. Our mentors will be available for guidance and support, making sure you always have the support you require as your business expands.
When you sign up for the Free Tailored Coaching Program, you'll not only receive professional guidance in marketing
strategy, business strategy, selling, and strategy, but you're also getting the resources, tools, and continuous support needed to grow and prosper. This approach is holistic and ensures you're equipped to be successful in today's highly ever-changing business landscape.
Time management techniques
In our training we don't only teach traditional time management techniques - we present you with new, automated methods which help you regain control of your time and accomplish more without stress. Learn how you can automate routine tasks such as the scheduling of your invoicing and schedule, customer reminders and follow-ups. This will save you time each week.
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Learn how to prioritize your tasks using the most effective software and systems specifically designed for busy professionals and entrepreneurs. Learn how to plan your schedule to allow for intense work, to avoid distractions and
remain productive and never burnout. We assist you in creating efficient time management systems to develop your career or business without sacrificing your personal time. This means you have more time to be more relaxed, less overwhelmed, and greater productivity, more time for growth, learning, and relaxation.
Find answers to your questions about our service.
Our bookkeeping services in Perth WA are designed specifically for startups and small businesses.
Unlike larger firms that offer generic services, we provide personalized attention with a focus on helping you manage your finances while you focus on growing your business. We use leading software like QuickBooks, MYOB, and Xero to provide accurate, real-time reporting and payroll management. With transparent pricing and no lock-in contracts, our goal is to make bookkeeping services accessible for small business owners in Perth.
Our business coaching program provides invaluable support tailored to your specific business needs. Whether you're just starting out or looking to grow, you'll get access to helpful business planning resources, and a structured business roadmap. With expert insights into areas like sales strategies, marketing, price planning, and time management, our business coach will guide you every step of the way. This business coaching for small business is completely free for a limited time, ensuring that every entrepreneur has the tools to succeed.
Yes, we offer comprehensive payroll and bookkeeping services to help you manage your business finances with ease. Our team of bookkeepers handles everything from payroll processing to BAS lodgements, ensuring compliance with ATO requirements. Whether you're using MYOB, Xero, or QuickBooks accounting software, we tailor our services to fit your business needs. Our bookkeeping services in Australia ensure that you're not only compliant but also making data-driven decisions for future growth.
Absolutely! At Business Profit Lab, we combine our expert bookkeeping services with a free business coaching program to provide you with a holistic approach to business management. Our business coach will guide you in creating strategic plans while our bookkeeping experts ensure your financial records are up to date and accurate. This combination of services provides a solid foundation for your business to grow and thrive.
We are registered BAS agents and ensure that all your BAS lodgements are filed accurately and on time, helping you avoid penalties and stay compliant with ATO regulations. Our bookkeeping service in Perth includes careful tracking of superannuation payments, GST obligations, and other compliance matters, so you can focus on running your
business while we handle the technical side of things.
Our bookkeeping services in Perth are designed to serve a variety of industries, including retail, hospitality, professional services, construction, and more. We specialize in small business bookkeeping services, offering tailored solutions regardless of your industry. Whether you're in need of payroll management, cash flow tracking, or inventory tracking, our bookkeepers have the expertise to meet the unique needs of your industry.
Getting started is simple! Just reach out to us to schedule an initial consultation. We’ll take the time to understand your business needs and discuss how our bookkeeping services in Perth and free business coaching can help you achieve your goals. After our initial meeting, we’ll set up a personalized plan that fits your business's needs. Whether you're looking for bookkeeping services for small business or need a business coach in Perth WA, we’ll guide you every step of the way.
While we are based in Perth, our bookkeeping services can be accessed by businesses across the country. Thanks to modern technology, we offer remote bookkeeping services using Xero, MYOB, and QuickBooks, making it easy to stay on top of your finances, no matter where you are in Australia. Our expert team is here to support you, whether you’re in Perth WA or beyond.
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