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Whatever level of support you need- we've got your back!
Our suite of advisory services are customizable to meet your needs and investment budget. Wherever your business is at, we'll meet you there.
Perfect for startups & solopreneurs who need a little nurturing
Establish a clear & easy to use bookkeeping system
Low-level complexity
Insight, expertise, and resources needed to keep your finances in order without needing full-time staff or significant financial commitment
Simplified financial tasks like budgeting and cash flow management to keep things running smoothly
Protect and grow your bottom line and profit margin
Continuous tax planning and optimization
Alternative to costly, full-time staff for more developed organizations
Beyond the basics with customized reporting and guidance
Tax preparation & filing
Hiring a professional to handle the financial aspect of your business actually saves you money through less human error and the bills that get paid on time. So unless you want to become an accountant yourself, here are 10 reasons why you should definitely consider hiring one:
Keep your focus on core business needs
Your business needs your attention! Devote your time to strategy, marketing, funding, and other key areas that require your focus.
Stay out of what you don't really know or understand
A certified professional in accounts payable, accounts receivable, and taxes prevents mistakes that could cost you money or damage your reputation with banks and creditors.
Calibrate a work-life balance
While you could focus on core business needs and handle everything else in your business, the problem is you'll have no time left at the end of the day or week for yourself of your loved ones. You'll be missing that balance every person needs in order to stay healthy and not burn out on what you're doing.
Get a different perspective on the business
You may believe you have a good idea about the financial status of your business, but what if you don't have the full picture? A professional can keep the financials in order and run reports showing how you are doing each month, where the funds are going, and how your efforts are paying off- or might need improving upon. Crunching the numbers will give you that "big picture" and help you make better decisions.
Escape the tedious aspects of business
Do you have passionate feelings about tallying up payroll or writing checks to pay the bills? It's hard to imagine that the financial aspects of your business make you excited. However, accounting professionals enjoy those tasks, so it makes sense to hand over these areas to someone who does them- and does them well- because of that motivation.
Make sure everything is paid on time
Between serving customers, traveling, keeping the business moving forward, putting out the daily fires that pop up, and staying balanced, something most likely gets left out along the way- and that often ends up being the bills that need to get paid or the tax return deadline you didn't remember. You don't want your credit impacted by late or forgotten payments, and you certainly don't want fines and penalties from the government for missed filings, so put a professional in charge to give you the confidence that everything has been handled on time.
Ensure correct tax filings
The last thing you want is an audit, or having the long arm of the taxman after you just because you forgot those quarterly or annual tax filings. Depending on your business's structure, you will have various tax requirements, including estimated tax payments, corporate tax payments, 1099s for contractors or freelances, W-2s for employees, and other filings. It's ideal to have a professional who can handle taxes as well as payroll and other financial issues.
Maintain cash flow
Because you are so busy, you may not realize that there are customers or clients who still owe you money! Any late payments could infringe upon the cash flow you need to keep your business humming along. Having someone available to send out friendly reminders will make sure your cash flow remains optimal- which always looks good when it's time to seek another round of funding- because you can show positive cash flow you might not have been able to show without that assistance.
Resolve conflicts of interest with any business partners- or yourself
When businesses have more than one partner, issues could arise where each partner has some idea of how the money should be spent and how to easily access it. Single owners often struggle to maintain the proper separation of business and personal funds. These conflicts could interrupt your finances and your business. Having a professional on your team ensures your money has a gatekeeper, someone who can create the necessary approval process and controls to keep your money where it belongs.
Reduce the cost of financial obligations
Although you may think you save money by doing everything yourself, the fact is that a professional actually saves you more. That's because there is a reduced level of risk of human error, lack of knowledge, missed payments and tax obligation due dates, and delayed accounts receivable. Plus, your time is money that you could be using toward getting your business from this level to the next.
From the time and money savings, to the focus on expertise and greater cash flow, a professional on your team makes good business sense. So, contact us today and the process going.
The team at Book Meister is just incredible! Every time we talk it's like I'm talking to a friend. They help me do ME better and I can't thank them enough.
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