Nicole Canale is the owner of Canale Tax and Accounting, which provides tax and accounting services for individuals and businesses. Based in Putney, her practice is family friendly and she has enjoyed assisting many Inner West Mums over the years.
Tell us about yourself.
I am a daughter, a sister, a wife and a mother. I am married to a hardworking dedicated husband and have two young boys, who are three and one, and one step-daughter, who’s twelve. We live in Ermington, just outside the Inner West. I love spending time with my family, and on the weekends around scheduled work we try to spend as much time with the kids as possible whether it be lying on the bedroom floor playing Star Wars or running around at the local park. I own an accounting business, based in Putney.
When did you set up Canale Tax and Accounting?
I decided to set up my own practice in 2010 and began working from home. I learned a lot in those early days about structuring and running your own business. Halfway through being pregnant with my firstborn, I decided it was time to make the next leap and open up an office in Five Dock. I didn’t know if this was going to work but I thought I would give it a go. It’s been a massive stepping stone to get this far. My son was never the greatest sleeper unless he was in bed with us. From the nights working up late to the nights working in bed just so he would sleep I managed to slowly build up my business. I now have two other people in the business – a bookkeeper and an administration assistant, whom I value highly. Expanding the team has thankfully allowed me to spend a bit more time with my family.
Inner West Mums was my first port of call for advertising and I have been lucky to meet so many mums, dads and bubs from this wonderful community. It’s a family-friendly practice, so I always make sure that mums know that they are welcome to bring their kids to their appointments or I can come out to see them to make it easier.
What inspired you to start your own business?
From a very young age I could always see myself opening up my own business one day. Growing up as kids we always had things but my parents had to go without to give those things to us which I was grateful for. Starting my own business was my opportunity to be able to produce streams of income for my family that they and my husband and I could benefit from. Whilst some may think that business owners have the best life ever, it’s definitely not for the faint-hearted! Running your own business takes dedication and unfortunately no one sees the late nights you continually put into your work but at least you can see success at the end.
What are the various services you offer?
We provide a full range of tax and accounting services for all types of organisations. We do bookkeeping (we have a full-time bookkeeper in house), income tax returns for individuals, local businesses, trusts and self-managed superannuation funds. In addition, we can help set up structures and strategies for trusts, not-for-profits or companies. Recently we have been approved by the Law Society to examine trust accounts for solicitors, lawyers and barristers.
What can clients expect from your services?
We are friendly, down-to-earth professionals, who are willing to listen and provide thorough, informed advice.
What do your clients have to say about your services?
Many clients find managing their tax and finances stressful. We get lots of compliments from our clients for making their lives easier, and of course everyone is thrilled when they make a saving! I like everyone to succeed – I would rather spend the time with the client trying to help them increase their revenues as then it is a win-win for everyone.
Best piece of advice you can offer mums wanting to start their own business?
I think it’s important to acknowledge that running your own business is not easy. It’s definitely got its ups and downs! It can provide flexibility for family life but can also add a lot of pressure to it as well. I think it’s important not to get too down when you have a negative experience, say with a customer. I always try to think about how to turn any negative experiences around as a positive.
As a mother yourself, what advice can you offer other mums?
My advice to other mums is this: there’s no right or wrong. Others will always have advice about how we should do things but at the end of the day we have to go with our instinct.
Favourite places in the Inner West?
We love the Inner West. It is such a great community to be a part of. From the patisseries to the coffee shops to the people, it is just awesome. We love to hang out at the local parks, eat great food and just be present in as many activities as we can be!
Getting to know… Prue Burnstein of Paper Rock Scissors Art Studio
Getting to know… Bree Morris of Dream Doors
Getting to know… Heidi Rookyard of Suburban Paddock
Getting to know… Sasha Dumaresq of Mind Love Co. Coaching
Getting to know… Jennifer Harrison of My Kids Market NSW
Getting to know… Rose Smith of High School Jujitsu
Getting to know… Yvonne Hilsz of Yvonne Hilsz
Getting to know… Lara Scolari of Lara Scolari Gallery
Getting to know… Christina Newberry of Christina Newberry
Getting to know… Donna Lee Marcal of Dermatonics
Getting to know… Melissa Harrison of The Pedi People
Getting to know… Hannah Foster of Hannah Foster Travel Counsellors
Getting to know… Lorena Cristante Fazio of Nomad Nesting
Getting to know… Michaela Conomos of La Petite Travel Agency
Getting to know… Linda Anderson of Linda On The Go
Getting to know… Lyndal Gowland of Gowland Legal
Getting to know… Ritu Gupta of Platinum Dermatology Skin Specialists
Getting to know… Mary Vlahos of Strong Coach Mary
Getting to know… Kathleen Murphy of MamaCare Health Services
Getting to know… Vanouhi Nazarian of Kindershare
Getting to know… Jacquie McMullan of Rodan + Fields Independent Consultant
Getting to know… Karen Robertson of Pram Fitness
Getting to know… Kylie Ostle of Mum Society
Getting to know… Sarah Smart of Aromatherapy with Sarah
Getting to know… Sarah Willmott of Feel Better Box
Getting to know… Cynthia Levin of connect kids YOGA
Getting to know… MaryAnne Amies of Wise Up Marketing
Getting to know… Melanie Warman of Boobs On The Run
Getting to know… Traci Tritsaris-Fox of Cookie Queen Kitsch’n
Getting to know… Anni Payne of Milk & Honey Photography
Getting to know… Victoria Jacono-Gilmovich of Inner West Institute of Music
Getting to know… Maria Elena Siasat of Bikini Babe Tea
Getting to know… Michelle Cummings of UsForYou Australia
Getting to know… Roxanne McMurray of Leichhardt Women’s Community Health Centre
Getting to know… Allison Greenland of Leap Into Literacy
Getting to know… Judith Treanor of Temples & Markets
Getting to know… Global Sisters
Getting to know…Carmel Griffiths of Puggle Post
Getting to know…Anna Jonak and Florencia Pyke of Business School for Mums
Getting to know…Lisa Barbagallo of Dress Up Attack!
Getting to know…Nitu Gupta of Drummoyne Dental Surgery
Getting to know…Bek Lawrance of Paisley Park Leichhardt Campus
Getting to know…Maggie, Kelly & Jennifer of Health Space
Getting to know…Jennifer Long of Seven Hats Sydney
Getting to know…Anne-Sophie Chapoton of Waff Fitness
Getting to know…Sam Wood & Snezana Markoski
Getting to know…Rebecca Morgan of Sattout Accounting Services
Getting to know…Maya Broers of Fuelbox Australia
Getting to know…Kat Wieczorek-Ghisso of Paisley Park Early Learning Centre
Getting to know…Amelia Parkinson of The Wise Hippo
Getting to know…Georgie’s Face Painting & Babysitting
Getting to know…Alison Linn Osteopathy
Getting to know…Dr Justin Coulson
Getting to know…Supercharged Food
Getting to know…Little Nicholson Play Centre
Getting to know…Mummies Paying It Forward
Getting to know…deliciously yours
Getting to know…Lacteeze
Getting to know…Salon Tallow
Getting to know…Milkman Australia
Getting to know…Vintage Toy Box
Getting to know…Lah-Lah Big Live Band