Invest Your Time in Growing Your Business
Spending excessive time on non-core functions, such as accounting headaches, regulatory compliance, troubleshooting software issues and similar daily business challenges is keeping you from growing your business to its full potential. You need that time to focus on developing the core products or services that you offer to your customers and to understanding and meeting your customers' needs.
Benchmark the Present and Budget for the Future
You need a periodic snapshot of your company's financial performance so you can make adjustments and allocate resources most effectively. Well organized, reliable financial statements will also serve as the foundation for budgeting and planning for future business growth.
Identify and Eliminate Unnecessary Risks
Internal and external risks are constantly lurking to ambush and damage your business. The potential risks range from fraud exposure due to weak internal controls to non-compliance with various governmental regulations. The financial and operational consequences for ignoring an issue that could be easily and inexpensively addressed can be significant. A simple third party review of your current processes and environment can help to alleviate unnecessary risks.
Leverage Our Knowledge, Talents and Resources
The Small Business Services team brings a broad range of knowledge, talent and resources to serve you and your business. Our simple goal is to clearly understand your business needs and goals, and to partner with you in finding ways we can function as a trusted advisor and service provider.
Each month or quarter we'll do the following things for you...
These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.
Reconciling your business checking account each month allows us to keep your bank account, accounting, and taxes up-to-date.
Having us reconcile your account each month allows you to...
An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.
An income statement allows you to...
A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.
A balance sheet helps you...
Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.
Maintaining a Clean General Ledger
The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.
Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.
We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.