Accounting, Bookkeeping & Consulting LLC for small businesses

Would you ever drive your car blindfolded? Obviously, not!

Nonetheless, every day millions of business owners drive their businesses without knowing their financial locations: where they have been, where they are, and where they are going. That sure sounds blindfolded to me.

As your bookkeeping/accounting person, my primary role is to ensure that you have the historical data that will tell you where you have been and where you currently are. With that information I can provide a professional consultation that will help you determine where you want to go while creating an action plan that will help you get there.

With this 360 degree view of your business, you can plan effectively and then track your progress against your goals. It will also help you anticipate obstacles so that, when encountered, you can easily maneuver around them rather than allowing them to slow you down.

You want an accounting system that gives you peace of mind while increasing your bottom line by letting you know where your business stands at any given point of time.  I’m guessing that you also want to reduce taxes, improve cash flow, and manage your business more profitably.

That’s what my business is all about.  I will use an accounting system that will best suit your business’s needs:

OR you can receive training from me to use a system exclusively designed for your business if you already have someone that is currently doing your books.

What this Company Can Do for Your Business

Wholesale / Retail / Service
Have complete control systems for Accounts Receivable, Accounts Payable, and Inventory.

TV / Automotive / Furniture
Properly account for Contracts in Transit, Bank Reserve Accounts, and Flooring of Products for Resale (inventory financing). Maintain control of income and expenses.

Manufacturing
Control Raw Materials, Direct Labor, Work in Progress, and Finished Goods. Keep expenses categorized into Manufacturing and General Overhead areas.

Construction
Easily track profits or losses on each job in progress. Control cash flow based on percentages of completion. Minimize losses from under-billings created through change orders.

Professional
Control expenses and income for year-end savings. Take advantage of conversion from cash-to-accrual accounting. Manage Accounts Receivable and improve Collections.

Food / Cafe / Beauty
Utilize a combination of Cash and Accrual statements.  Observe an accounting system designed specifically for your business that shows where you stand at all times. Simplify the books that maintain all your financial data:

• Cash Receipts
• Deposits
• Charge Accounts
• Credit Purchases
• Cash Purchases
• Bank Reconciliations
• Depreciation
• Adjusting Entries
• Inventory Control
• Reconciliations
• Income Statements
• Balance Sheets
• Individual Accounts Receivable Records
• Individual Accounts Payable Records
• Property, Plant and Equipment Records

Valuable Benefits You Will Enjoy

Your “actual” bookkeeping/accounting costs will be substantially reduced.

Your personnel will be free to produce more profits for you.

You will receive properly-designed financial statements that will allow you to manage your business efficiently and help you better plan for the future.

Streamline the accounting task, and free up your valuable time. [Consider this: the average small business owner spends over 10 hours personally, each month, accounting for the business. If your average billing rate is $50 per hour, you may be spending more than $500 of your time per month.]

How Would You Describe Your Business?

• Steady and stable
• Growing fast
• Hanging in there
• Brand new

If your business is steady and stable or growing fast, then congratulations! But IT IS POSSIBLE for your business to improve and generate more profits!

If you’re just hanging in there, you can turn things around . .  QUICKLY!

If your business is brand new, don’t make expensive mistakes that will mean be the difference between success and failure!

No matter which of these groups describes your business, you can benefit from these small business services that can save you both time and money!

Accounting is a core business function. Without accounting, a business is sure to fail. With accounting, a business might survive. With accounting managed by a qualified bookkeeping/accounting expert, a business is certain to succeed.

You’re probably already familiar with the bleak forecast for new small businesses. While failure rates have decreased considerably in the last few years, recent studies from the Small Business Administration (SBA) indicate that one third of new employer establishments fail within the first two years, and 56% fail within four years.

Poor financial management is often cited as the reason for most small business failures. Often the business owner or a member of the business team manages this crucial function because they want to maintain complete control of their business, they’re afraid that outsourcing the accounting would be too expensive, or a combination of the two. What they don’t realize is that outsourcing is a useful management tool that can save a business both time and money while preventing potential failure. And when you outsource to the right accounting or bookkeeping provider, it can be the difference between base survival and profitable success.

The Benefits

There are countless benefits you enjoy when outsourcing your accounting. Here are just a few:

Save Yourself Time. You’re in business because you’re good at what you do. Your expertise involves the product and/or service you offer. And I’m guessing your expertise is not accounting. So if you, or anyone on your team, spend time managing your business’s finances, that’s time that could be better spent building your business.

In order to be competitive you must constantly be looking for ways to improve and expand your products and/or services, better market your business, and stay ahead of your competition. When you and your team focus time and attention on the accounting, that’s time not spent on these crucial tasks. When you outsource the accounting to a trusted professional, you can use that time to make your business the best it can be.

Save Yourself Money. We all know time is money. The average small business owner spends over 10 hours personally, each month, accounting for the business. If your average billing rate is $50 per hour, you may be spending more than five hundred dollars’ worth of your time!  No doubt, you can easily pay one third to one half of that amount to hire a good bookkeeping/accounting person while saving the rest of the money to use toward your business as you desire.

Gain Access to Valuable Accounting Expertise and Technology. Reputable accounting and bookkeeping personell  have the expertise to not only save you money, but to make your business more profitable. In addition to that, they have access to additonal resources that most small businesses do not have the time to scope out. They will use their resources to your advantage and save you the time and headache of doing it yourself.

Gain Access to Profit-Building Information.  I will  analyze financial data in order to assist you in making profitable decisions for your business. I can inform you which products and/or services to expand, which to eliminate, whether your marketing attempts are successful, where you’re loosing money, and where to cut back in order to save and redirect funds in order to become more profitable.

I can also customize a package of services that is competitively priced and designed to save you time, energy, and headache. This company offers the following within the scope of its services:

Accounts Payable

• Input vendor invoices to payable system
• Classify invoices to the proper G/L account
• Maintain vendor master files
• Reconcile vendor statements to accounts payable ledger
• Reporting to organization on detailed aged payables 
• Prepare, file and process required 1099 forms

Accounts Receivable

• Record and account for revenue
• Input receivable transactions into the accounting system
• Prepare and deliver periodic statements
• Maintain subsidiary receivables ledger
• Process client-approved adjustments
• Apply cash received to customer accounts

Cash management

• Process daily sales and deposit reports
• Verify daily deposits and report variances
• Reconcile and verify credit card deposits
• Reconcile monthly bank statements

Journal entry and general ledger

Account reconciliations

Fixed assets accounting & depreciation

Monthly financial analysis and reports

Yearly Business Assessments

 Do what you love to do more; let me take care of the accounting/bookkeeping functions.