42 Advisory helping Melbourne startup founders with budgeting and business setup in a creative workspace

Start Strong

Melbourne’s Startup Accountants — Build Strong Foundations for Growth

From company setup and trust structures to accounting, R&D tax, and virtual CFO support — 42 Advisory helps Melbourne founders grow with clarity, compliance, and confidence.
Talk to a Startup Accountant
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The Challenge

The Startup Accounting Challenge

Starting and growing a business in Melbourne’s fast-moving startup scene comes with endless complexity — and accounting is often where founders feel it first. Between compliance, tax, and investor expectations, what begins as a side task can quickly become a strategic bottleneck.

At 42 Advisory, we understand that most founders don’t struggle because they lack vision — they struggle because they lack visibility. Our role is to give you the financial clarity and structure to make smarter decisions, sooner.

The challenges we help you overcome:

  • Choosing the right structure — company, trust, or hybrid, tailored for long-term goals

  • Staying compliant — BAS, payroll, and ATO deadlines without the admin stress

  • Accessing incentives — R&D tax, startup grants, and early-stage investor concessions

  • Managing cashflow — forecasting with precision so growth doesn’t outpace liquidity

  • Scaling systems — automating Xero, FYI, and reporting tools for real-time insight

With the right accounting foundation, your startup can scale confidently — with numbers that tell the same story as your ambition.

Accredited. Connected. Trusted.

Certified Melbourne Accountants Backed by Australia’s Leading Platforms

Trusted by Melbourne’s medical professionals, ecommerce brands, and local service businesses. We simplify your tax, accounting, and growth strategy.
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Our Approach

How 42 Advisory Helps Startups Thrive

Once your financial foundation is clear, growth becomes strategic — not stressful. At 42 Advisory, we act as your long-term accounting and advisory partner, helping Melbourne founders move confidently through every stage of their startup journey. Our approach is designed around four growth stages every founder experiences:

 

Core Services Include:
✅ Get the Structure Right - We help you register, structure, and prepare your startup for compliance and growth from day one.


✅ KPI Reporting & Dashboards – Track metrics that matter — from MRR and churn to lead conversions and click-through rates — with visual dashboards built for decision-makers.


✅ 3-Way Forecasting & Projections – We design investor-grade forecasts covering P&L, cash flow, and balance sheet, trusted by lenders and investment banks alike.


✅ R&D Tax Incentive Support – We assist in preparing, documenting, and managing your R&D claim process — ensuring accuracy and maximising eligible returns.


✅ Compliance & Advisory – Stay on top of BAS, tax, and ASIC lodgements while we help you focus on scaling with confidence.

Founders, Clinics, and Brands Who Trust Our Numbers

What Our Clients Are Saying

Very professional, highly recommended!!!

Paul M
Extreme MMA

42 have been outstanding for our clinic. They handle our Tax, BAS, payroll, and complex medical structures with absolute precision.

Belinda C
PM of Family First Medical Centre

As an online retailer, our sales move quickly across multiple platforms. 42 Advisory built clear reporting, managed our inventory accounting

Katerina P
CEO of Watches of Mayfair

Fantastic service and such an easy experience from start to finish. My accountant made everything clear and stress-free. Highly recommend!

Maria P
Founder of MWM Pilates

Start Your Journey

Let’s Build Your Startup’s Financial Foundation

 

Ready to set up your company, structure your trust, or get clarity on your startup’s numbers?
Leave your details and our advisory team will contact you to guide you through your next steps.

Setup Services

Startup Setup & Structuring Services

Start right with a structure that fits your goals. 42 Advisory helps you register, structure, and future-proof your startup from day one.

 

Company Registration

We handle every detail of your company registration, ensuring compliance from the start. Our team manages ASIC registration, ABN and TFN setup, and ATO lodgements, all while tailoring your share structure to suit your founders and investors. Whether you’re registering your first company or restructuring an existing one, we ensure every document, registration, and system is aligned and ready for growth.


Trust Setup

Whether you need a family, unit, or discretionary trust, we establish it correctly and efficiently from the start. We handle legal documentation, trust deeds, and ATO registration, including ABN and GST setup. You’ll also receive ongoing compliance guidance to ensure your trust structure continues to deliver the right tax and asset protection outcomes as your business evolves.


Business Structure Advice

Your business structure impacts everything — from how much tax you pay to how easily you can raise capital or protect your assets. We take the time to understand your goals and advise on whether a company, trust, partnership, or hybrid model suits your needs best. Using scenario planning and real-world tax modelling, we help you make confident, informed decisions that position your startup for sustainable growth. Learn more about how to choose the right business structure 

Illustration of a business professional analysing key metrics, reflecting 42 Advisory’s focus on financial clarity and forecasting accuracy.

Why Founders Choose 42 Advisory

Smart Tech. Local Expertise. Strategic Insight.

We combine Melbourne-based expertise with powerful accounting technology to help startups move faster and make smarter decisions. From KPI dashboards to 3-way forecasts, our proactive advisory model gives you the clarity to grow with confidence.

Our team doesn’t just balance books — we help you balance ambition with financial reality. With fixed fees, fast response times, and startup-focused systems, we make your numbers work harder for you.

“We speak your language — traction, runway, and growth.”
We translate complex accounting into clear insights, so you always understand your position and your next move.