What Can a Bookkeeper Do For Your Small Business?
As soon as you announce that you’re starting a business, plenty of people will tell you that half of all small businesses fail within 5 years. What they don’t mention is that, according to the small business administration, 47.5% of Americans work for a small business. How do you make sure that your business beats the odds?
The Key is: CASH MANAGEMENT
This does not mean that you need access to a mountain of cash, it means managing the cash you have now.
Does this sound familiar?
You work hard and have money coming in, but it just doesn’t seem to cover your expenses.
You don’t pay yourself a salary and take on work yourself because you don’t have money to pay someone.
You’re not sure if you’re making a profit or not.
You always seem to be behind schedule.
You are shocked when your taxes are due and have to scramble to come up with the money.
How Can a Bookkeeper Help?
Here are BA&C, we will go through your accounts and create a clean set of financial statements. Using your current financial position as a guide, we will implement a cash management system. While it isn’t magic, it will keep you on track and allow you control over your life again.