We provide the following services to help small businesses maximize their profits by strengthening their financial foundation:
Small Business Accounting
Each month or quarter we can help you evaluate the health of your business by reconciling your bank account, generating your profit and loss statement or income statement, create a balance sheet, and maintaining a clean ledger. This information can help you determine important business strategies such as: what areas of your business need to be expanded, which clients are generating the most revenue, and which budget items need to be cut. These services can also protect your business from fraud and human error that could be cutting into your bottom line.
Remote accounting allows us to manage your QuickBooks® data file for you from a different location. This service can be particularly helpful for small businesses that might not want service to be provided directly in their office. Instead, we can help you maintain your financial records directly from our independent location.
We can help you sort through your financial records and set up your taxes properly so that your business can benefit from all the tax savings available. We can make sure that you are tracking your costs appropriately to accurately reflect your taxable earnings; filing employee payments and insurance benefits to get the highest tax credit; and taking advantage of the most appropriate business structure to give you the maximum tax benefit.
Part-time controller services
We provide full-service financial management for your business so that you can devote your attention to the growth of your business and the services you provide. You get the benefits of an accounting expert regularly evaluating your financial data at a fraction of the cost normally required for a full-time CFO.
As a part-time controller, we can offer a clear, objective view of the financial side of your business, strong financial controls to increase profits, training and managing of your accounting staff, budget development, tax saving strategies, profitability analyses, and assistance in defining long-range financial plans for your business.
New business formations
We can help you get your business started with a solid infrastructure by setting up the proper paperwork and accounting strategies from the start.
We can help you prepare an initial business plan, identify the funding you need to get started, select the most appropriate business structure, file the proper paperwork for state and local licenses and an EIN, set up budgets and billing procedures, and create a chart of account items. With all of these components in place, you can make sure that the financial foundation for your business is stable.
Internal controls help you safeguard your assets and resources by ensuring the accuracy and completeness of the financial data handled by everyone involved.
We can segregate financial duties, delegate who can approve financial transactions, document policies and procedures, and oversee your operations and records to guard against theft and fraud.