We know that as an entrepreneur, you have your hands full juggling the responsibilities of multiple full-time employees. We want to make sure accounting is not one of them. Cutting corners early on in record-keeping, managing cash, analyzing financial data, and overall accounting functions often come back to haunt businesses at crucial growth stages, and wind up costing you more money trying to play catch-up retroactively. Creating healthy habits around your accounting from day one will position your company for long-term success.
Our wide range of accounting services are designed to support your business where it needs it the most. As a small business ourselves, we understand that money may be limited in the beginning, so we tailor a fixed monthly pricing rate in accordance with your company’s needs and the volume of transactions you process. We are here as a resource for you – we can free up your time, so you can focus on generating revenue, securing clients, developing your operation, attracting talent and investors, and pushing the boundaries of your business.
We provide critical support across the realm of accounting services across business stages, including:
Seed to Startup
Congratulations, you’re in business! At this stage, there are a number of primary financial steps you need to take in order to get your young business off the ground. We can help:
Determine the right business structure for your venture (i.e. LLC, corporation, partnership, sole proprietorship, etc.)
Complete rigorous financial analysis for your business plan
Help you pick and launch a type of accounting software
Discuss the various options for business bank accounts
Advise on compliance with local and federal governmental regulations
Help establish cash flow documents and expense trackers
Set boundaries between personal and business finances
Growth & Establishment
Your business is up and running, but now that you are growing, the volume of transactions and processes is rapidly expanding. You may want to consider transitioning your software or exploring other options to set up thorough accounting procedures that scale with your operation. We can help:
Explain and develop financial statements, so that you understand the nitty-gritty details of operating costs, break-even analysis, your balance sheet, P&L, and sources/uses of funds.
Help you create a detailed Chart of Accounts (COA)
Oversee company payroll and payment processes, including software choices.
Maintain differences in employee classifications, ensuring independent contractors are financially documented as such
Specialized advice on tax payments throughout the year, to help you make the most out of your resources. We are up to date on the latest tax laws and credits, so we can help your business benefit from write-offs. We’ll help you understand regional and registration fees, payroll taxes, 1099s and quarterly taxes.
End of Year-Support: We’ll help you close out your books and create financial reports
Utilize accounting software to prepare tax returns
Expansion & Maturity
For expanding businesses, detailed accounting practices can make all the difference between sustained long-term growth and burst bubbles. We are here to help you manage the process and make sure your numbers support unencumbered growth.
Experienced financial reading: We can help identify prime growth areas, by reading cash flow patterns, inventory management, pricing and business financing
We can advise on decisions between leasing or purchasing property and equipment
Financial forecasting: We can help you make informed growth decisions based on your numbers
We can help create a business budget that maximizes all available resources to support your goals
Ultimately, once you grow large enough, we can help you seamlessly transition from our consulting services to your own internal accounting team
Regardless of stage, we can help develop documentation or provide seasoned accounting advice on these services, subjects, and more:
Choose and launch the right accounting software for you
Business Structure Planning & Documents of Incorporation
Account Reconciliations
Ad-hoc Reporting and Analysis
Bookkeeping & Accounting Services
Business Plan Projection and Budget Preparation
Cash Flow Management
Financial Statement Preparation & Analysis
Chart of Account Set-up
Clean up Services
Establish and Understand Your Key Performance Indicators (KPIs)
Receivables and Payables Management
Standard Operating Procedures Preparation
Track Deductible Expenses and Supporting Documents
Payroll Management – Contractors & Full-time Employees
Develop Bottom-Line Focused Pricing Strategies
Create Process Efficiencies and Automated Processes
Accurate transaction recording
Advise on Tax Credits, Documentations, and Audits
Year-end Financial Statement Planning
Annual Accounting Analysis for Investors & Creditors
Fixed Asset Management
Inventory Optimization