Business Services
Business owners have numerous important things to accomplish other than maintaining their own books. Our firm can provide accounting support that allows business owners to focus on income producing activities and growing the business.
On a Monthly and/or Quarterly basis we will provide the following items for you:
The above items are essential in maintaining accurate, reliable, and informative accounting records. We utilize the financials to provide feedback on revenue growth, expenses, and trends to identify opportunities. The monthly and/or quarterly financials are best utilized when coupled with tax planning, tax preparation, or any of our other services.
Cash Flow Management
The old adage “Cash is King” is particularly true in small businesses. Credit lines and loans are not always easily and readily available during a cash crunch. Maintaining adequate cash reserves to cover expenses and expansion is crucial to growing a business.
We utilize short-term (monthly) and long-term (annual) cash projections to manage cash flows. Monthly projections will help ensure daily expenses are met and annual projections identify long-term needs. We also prepare historical cash flow statements that provide an understanding of the inflows and outflows of monies.
Below are some advantages of cash flow management: