Successful business owners are experts in their particular field and have a “can-do” attitude. Many are also extremely savvy in most, if not all areas of their business, including the financial side. Others, while possessing the same attributes, struggle with managing the financial aspects of their business. This struggle distracts them from growing their business to its full potential.
Most small businesses do not have the same resources as larger companies. They have limited funds available and therefore, have to get the most out of every dollar. Many smaller businesses are finding it advantageous to engage the services of an accounting professional to provide advisory services, and thus leveraging those limited dollars to provide a positive impact on their business.
Knowledge Is Power
When it comes to the well-being of your business, you can harness the knowledge of a skilled professional to give you the power for you to drive growth and profits. I can help you identify those areas that are negatively impacting profitability and growth within your business and develop sound, practical solutions.
Choosing the right form of entity (sole proprietorship, partnership, corporation) for your business is a crucial decision that can have longstanding tax implications for both the business and for you as an owner. I can assist you in evaluating the pros and cons of each entity type and when it might make sense to transition from one form to another.
In addition to adding value as a trusted advisor, I offer the following management advisory services to help you improve and grow your business:
- Business start-up consultations
- Accounting system reviews and implementation
- Review of internal controls
- Business plans
- Cash flow analysis and management
- Financial forecasts/projections