Not sure where your businesses cash 'strengths' and 'weaknesses' are? Unsure on how to turn a downward spiral around or kick star your business from a stagnant position? Just starting out and unsure as to how you should properly structure things? We can help with all of these thing! Let us sit with you and work out the best financial strategy possible, ensuring that you are leaning on your businesses strengths while minimizing or mitigating your weaknesses.
As a business owner you have more important things to do than to such things as keeping up on your own books. You also need to ensure that you are maximizing the potential wealth your business can generate. To help with this, we offer a myriad of services where we can not only help with the day-to-day operations but help you to build a long lasting strategy to help foster and grow your business to its full potential. We can take care of your books for you, so you can get back to the job of running your business, or sit with you to work on a long-term strategy. Each month or quarter we can provide the following services for you:
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 includes the following tasks:
An income statement (e.g. a profit and loss statement) adds an itemized list of all your revenues and then subtracts an itemized list of all your expenses to come up with a profit or loss for the period. By having us maintain your income statement, we will:
A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time and measures your assets and liabilities. By having us maintain your balance sheet, we can help:
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 allows us to identify any discrepancies such as double billings or any unrecorded payments. We'll fix the discrepancies so your books are always accurate and kept in tip top shape.