Welcome to the Evolvepreneur (After Hours) Show I am your Special Host Richard Wray Join me today where we dig deep with our guests and get you the best concepts and strategies to fast-track your business. My very special guest today is Lawrence Petruzzelli ... Lawrence Petruzzelli is a leading tax and business advisor in Australia who aims to educate his clients on tax concepts and strategies. He emphasizes the importance of long-term planning and working closely with clients to understand their goals. Lawrence highlights common mistakes entrepreneurs make when trying to handle taxes on their own, such as using automated software incorrectly or failing to properly register for tax obligations. He advises new business owners to start as a sole trader, open a separate business bank account, and utilize free online resources before seeking professional advice. Lawrence shares a success story of helping a young ecommerce entrepreneur significantly improve profitability and position the business for a multimillion dollar sale.