FAQ

Accounting - Bookkeeping - Fractional CFO Services

OVER 30 YEARS EXPERIENCE HELPING BUSINESSES WITH FINANCIAL GROWTH

fREQUENTLY ASKED QUESTION

WHEN SHOULD I CONTACT AN ACCOUNTANT?

As soon as you are prepared to spend your first dollar, take your first class, receive your first payment your business you should contact an accountant. An accountant can walk you through options on a streamlined process that makes life as a small business owner just a little bit easier.

Starting a business can be an exciting and daunting endeavor. There are so many moving parts to consider, and finances are at the forefront of every decision you make. This is why it's important to have a qualified accountant on your team from the very beginning.

An accountant can help you set up your business structure in a way that will minimize your tax liabilities and ensure that you are compliant with all local and federal regulations. They can also help you with financial planning, budgeting, and forecasting, which are all critical for the long-term success of your business.

In addition, an accountant can provide valuable advice on how to manage your cash flow, track your expenses, and handle your payroll. They can also help you navigate any audits or other financial challenges that may arise.

Overall, having an accountant on your team is a smart investment for any small business owner. They can save you time, money, and stress, and help you focus on what you do best – growing your business. So don't wait – contact Accounting Angels today and take the first step towards a successful and profitable future for your business.

HOW DO I KNOW IF I NEED A BOOKKEEPER AND/OR ACCOUNTANT?

Bookkeepers ensure that your business's financial records of income and expense transactions are well-organized.

They are responsible for accurately recording and categorizing all financial transactions, creating financial reports, and maintaining the company's financial records. Bookkeepers play a crucial role in helping a business operate efficiently by providing accurate and up-to-date financial information. They also work closely with accountants to ensure that financial statements are prepared correctly and in compliance with accounting standards. With the help of bookkeepers, businesses can make informed decisions about their finances, reduce the risk of errors and fraud, and maintain a clear picture of their financial health.

Accountants analyze financial data and create balance sheets, tracking income and expenses. They make sure you get credit for all the deductions and write-offs you qualify for, explain your cash flow out, calculate the equity you are building in your business, and review your company’s financial results

In addition to these tasks, accountants also play a crucial role in helping businesses make strategic financial decisions. They can provide guidance on investments, help with budgeting and forecasting, and offer insights on how to manage cash flow effectively. With their expertise in financial analysis and reporting, accountants can help businesses stay on track and achieve their financial goals. Whether you are a small business owner or the CFO of a large corporation, having a skilled accountant on your team can make all the difference in your company’s success.

WHAT CAN I DO TO HELP MAKE MY FINANCIAL PROCESS EASIER?

Accounting Angels complimentary 15-minute consultation will give us and you all the information needed to make an educated decision for the start of your financial future. During the consultation, we will discuss your business goals and objectives, financial history, and current financial situation. This will help us understand your unique needs and tailor our services to meet them. We will also explain our accounting services and how they can benefit your business, including bookkeeping, tax preparation, financial statements analysis, and more. At Accounting Angels, we believe that communication and collaboration are the keys to success, and we strive to build strong relationships with our clients. We are committed to providing personalized, reliable, and affordable accounting solutions that help our clients achieve their financial goals. So if you're looking for a trusted and experienced accountant who can help you take your business to the next level, look no further than Accounting Angels. Contact us today to schedule your complimentary consultation and start your journey toward financial success.

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