do i really need to hire an accountant?
While the life of a small business owner is incredibly rewarding, it also brings its share of stress.
What is the top cause of small business failure in this country? Cash flow problems. What do the majority of small business owners report as one of their biggest challenges? Regulatory burdens.
Fortunately small business owners can find a major ally to help with both of those things by hiring an accountant.
Often independent small business owners, accustomed to handling matters on their own, shy away from hiring an accountant due to the perceived expense. But when it comes to the problems, stress, and uncertainty of owning a business, hiring a professional accountant can often be the best solution – one that saves money in the long run.
How can hiring you help me increase profits?
Having an expert set of eyes trained on monthly reports like your P&L can be invaluable. I can help you to set measurable business goals and track your progress towards meeting them. That adage in business, “if you don’t measure it, you can’t manage it,” holds true. These days software like QuickBooks can generate financial reports with one click and allow you to drill down to the most minute detail. But taking the time out to study and understand those reports is another matter.
If you don’t have a regular practice of analyzing your Accounts Receivable Aging reports or running detailed Purchase reports, you’re not alone. Business owners are the busiest people. And most would need several extra hours in the week to fit in the kind of financial analysis that accountants often perform. Consider the advantage to your bottom line of having a dedicated and knowledgeable person on your team who can help you keep an eye on the most critical numbers, learn from them, and act on them
do you do payroll and why can’t i just do payroll with a software?
Yes I offer full payroll services. While there are many payroll soft wares on the market, they still take time and understanding of payroll regulations. Not only can I prepare useful reports but I will ensure you meet your tax obligations, since tax laws change frequently and avoid any late filing fees or penalties. I can help you set up your payroll procedures to ensure compliance with federal and state laws and let you focus more time and energy on your core business.