Startup Accountants

Frequently Asked Questions for Startup Accounting

1. What is startup accounting?
   Startup accounting is the process of setting up business entities for a new high-growth business, managing financial records with bookkeeping, ensuring compliance with tax registrations, BASs and tax returns, and strategic planning for growth and investor readiness.

2. How does your structuring advice benefit a high-growth startup?
   Structuring a startup business involves the consideration of entities that will operate the business so that assets are protected and taxes a minimised, as well as supporting future capital raising. Once an ideal structure is identified, it also includes the accounting assistance in setting up the entities.

3. How can a startup accountant help me minimise taxes?
   Our Perth-based startup accountants work with you to identify strategies to legally minimise tax liabilities over the short, medium and long term—helping you retain more of your earnings. For comprehensive tax planning, we offer an Advanced Tax & Asset Protection Strategies report that sets a solid foundation for safeguarding your assets and tax planning for future growth.

4. What makes Munro’s different from other accountants?
   Not all accountants are familiar with high-growth startups. We combine our extensive experiences with small, medium and mid-market businesses with our experiences with startups to offer a premium accounting solution for ambitious founders. Our proactive approach and strong track record is evidenced by over 100 five-star Google reviews.

5. Are your services available Australia-wide?
   While Munro’s is based in Perth, our startup accounting and business advisory services are used by startups throughout WA and Australia.

6. What is the pricing for your startup accounting and tax services?
   Our pricing is transparent and reflects the complexity of your needs. Please visit our pricing page for detailed information and then contact us for a personalised quote.

7. How do I get started with Munro’s startup accounting services?
   Simply book a free Get To Know Each Other meeting with us. In this initial meeting we’ll discuss your startup goals, assess your needs and begin to outline a clear, customised plan for your startup.