Smart Business Solutions

Business Details

Your Trusted Accounting Partner in Mornington

At Smart Business Solutions, we redefine accounting by combining technical expertise with strategic foresight. Our team of Chartered Accountants, Tax Agents, and Financial Advisers delivers tailored solutions for businesses and individuals across Australia. With a focus on innovation, we leverage cloud-based technologies like Xero to provide real-time financial insights. Our approach emphasizes proactive tax planning, cash flow optimization, and business growth strategies. We pride ourselves on building long-term partnerships, offering holistic services from compliance to CFO advisory.

Recognized for excellence in innovation, we serve diverse industries including retail, construction, healthcare, and professional services. Our commitment to continuous learning ensures clients benefit from the latest regulatory knowledge and technological advancements. Headquartered in Mornington, we combine local expertise with a national perspective to help clients achieve financial success.

Services

Tax Planning Cash Flow Analysis Property Valuation SMSF Services Mortgage Broking Estate Planning Business Valuations CFO Advisory Bookkeeping Asset Protection

Highlights and features

We offer holistic financial solutions combining accounting, tax, and business strategy
Our team holds multiple industry certifications including Chartered Accountant status
We implement cloud-based technologies for real-time financial management
We provide personalized service with a deep understanding of local business needs
We have won innovation awards for our technology-driven financial advice

Associations and certifications

Chartered Accountants Australia and New Zealand
Xero Certified Advisor

What people say

Exceptional expertise Personalized service Tech-savvy approach Business growth support Award recognition

Website

Update Listing

Services

Tax Planning

Our tax planning services focus on minimizing liabilities while maximizing financial opportunities. We analyze your specific circumstances to implement strategic tax savings strategies. Our team stays current with legislative changes to ensure compliance while optimizing your tax position. We provide annual tax planning reviews to identify savings opportunities before key deadlines.

Cash Flow Planning

We create comprehensive cash flow projections to help businesses manage financial resources effectively. Our 3-way forecasts integrate profit & loss, balance sheet, and cash flow statements. We identify potential cash shortfalls and develop strategies to maintain liquidity. This service includes regular reviews to ensure ongoing financial stability.

CFO Services

Our virtual CFO service provides strategic financial leadership for growing businesses. We offer financial analysis, business planning, and performance improvement strategies. This includes KPI development, budgeting, and financial risk management. We act as an extension of your management team to drive business growth.

Mortgage Broking

We offer comprehensive mortgage broking services with accounting expertise. Our team helps clients secure optimal home loans and investment financing. We specialize in SMSF lending and complex property transactions. Our approach considers both immediate needs and long-term financial goals.

Estate Planning

Our estate planning service ensures your assets are distributed according to your wishes. We coordinate wills, testamentary trusts, and power of attorney documents. We work with legal professionals to create tax-efficient estate structures. This includes asset protection strategies and intergenerational wealth planning.

People

Shannon Smit

Founding Director

Chartered Accountant and financial innovator with expertise in tax strategy and business growth. Recognized for excellence in innovation, Shannon leads with a focus on technology-driven financial solutions. She brings international experience and a passion for helping businesses succeed.

Daniel McCulloch

Partner

Experienced Chartered Accountant specializing in tax optimization and business advisory services. Daniel combines technical expertise with practical business insights to deliver value to clients. He focuses on helping businesses achieve sustainable growth through strategic financial planning.

Bianca Carroll

Financial Adviser

Certified financial planner with expertise in wealth management and SMSF strategies. Bianca helps clients achieve their financial goals through personalized investment strategies. She combines accounting knowledge with financial planning to create comprehensive wealth solutions.

Ashlea Edwards

Mortgage Broker

Licensed mortgage broker with expertise in property financing and investment loans. Ashlea helps clients navigate complex lending requirements while considering their overall financial position. She specializes in SMSF property lending and investment strategies.

Vivienne Bethune

Marketing Manager

Creative marketing professional with a focus on financial services communication. Vivienne develops educational content and client engagement strategies. She ensures complex financial concepts are communicated clearly to business owners and investors.

Questions

What accounting software do you work with?

We specialize in Xero cloud accounting software and integrate with inventory systems like Dear Inventory for business clients.

Do you offer fixed-fee accounting services?

Yes, we provide fixed-fee packages for tax planning, cash flow forecasting, and business advisory services.

Can you help with SMSF property investments?

We offer specialized SMSF lending services and property investment strategies through our mortgage broking division.

What industries do you specialize in?

We work with retail businesses, tradespeople, healthcare professionals, and property investors across Australia.

Do you provide business valuations?

Yes, we offer business valuation services to help owners understand their company's market worth.

How do you stay updated with tax changes?

Our team participates in weekly training sessions and maintains professional certifications to stay current with tax law updates.

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Reviews (4)

Write a Review

Divorce Angel Tanya Somerton

Nov 04, 2020 Report

If you want advice from a group of accountants that have more passion than most and think of your business like theirs, then do yourself a favour and talk with Erin and the team at Smart Business Solutions. Erin is more than willing to share her knowledge to help you have the best accounting set up possible.

Danny Rea

Jun 28, 2020 Report

Smart Business Solutions 'SBS' have been assisting me with my financial and business management for the past few years. In this time, I have been very fortunate to have worked with Shannon and the entire team on many of the roles and services that SBS provides. I have found entire team to be extremely professional and proficient in all these actions. I have been able to rely on SBS to ensure my interests are considered. I would have no hesitation in recommending SBS to family and friends.

Sam Aucaruri

Nov 20, 2019 Report

A very special thanks to Shannon, Erin, Paul and Nicole,
After only just changing accountants and bookkeepers in the last month or so, I have complete confidence in our businesses future. They have full detailed reports to see how our building business is heading and where we can improve also. I wish I had changed accountants and bookkeepers sooner, as my previous ones were not as quick and didn't communicate as easily as your team has. Thanks again.
Sam

Tracey Setter

Oct 01, 2018 Report

Shannon and the team at SMART Business Solutions are the best in the business! Their advice and support has been invaluable in helping us to grow our business and streamline our accounting systems. They are always on hand to answer any random questions too. The team genuinely care about their clients and want to see them succeed.
Enisa at SMART Financial Planning has also been great. Having the link between our business accounting and personal financial plans has been extremely useful.