It is tempting for small business owner to want to handle his or her own bookkeeping and tax preparation. After all, there is a lot of excellent accounting software out there to help them. And many business startups begin with a few partners who do everything, hiring outside contractors only when absolutely necessary.
But just because you can do something doesn’t mean you should. There are indirect costs involved with everything that falls into the do-it-yourself category. At some point early on, most small businesses need to hand off their tax preparation, and at least some of their bookkeeping, to professionals.
Regardless of the size of your company, good bookkeeping practices are essential to keeping your business running smoothly. Accurately kept books do more than make it easy to file your annual tax returns. Banks may require you to submit a profit and loss statement or balance sheet so they can determine your credit-worthiness. A quick review of your books can show where you need to spend more or less money; who gives you the most business and who takes the longest to pay you; how much you’re paying out in commissions compared to how much you’re selling.
We have been providing bookkeeping services for many years and learned that each and every client has different requirements. So we learned how to tailor our services to accommodate those needs. This is why this page will not provide specific detail about the service. Please give us a call, we’ll set up a meeting and see what your needs are, and we will shape the service to help you and your company succeed.