Monthly Archives: May 2013

Don’t Spend Your Time Crunching Numbers: Find Bookkeeper, Save Money

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financial accounting services for your businessOne of the most common mistakes a small business owner makes is failing to hire a bookkeeper. They often feel they can handle the books themselves, in addition to all of their other responsibilities. Unfortunately, what often happens is that bookkeeping and managing cash flow fall to the bottom of the priority list, jeopardizing the future of the business.

When a business owner has to spend a large portion of time crunching numbers, that time ultimately equals money. Time that could be far better spent growing the business. Find bookkeeper, save money; it’s only common sense.

Some business owners just don’t want to go to the trouble to find bookkeeper. Instead, they pass the task over to an unqualified member of staff such as the receptionist; however, without the right background and experience, they are far more likely to make errors that may not be apparent until its tax time. Some of these mistakes could be rather costly.

Essential information about the business is unlikely to be fully communicated to the owner which can result in poor planning and a dim financial future.

Many business owners are concerned that a bookkeeper is an expense that they can’t afford, but the truth is, business owners can’t afford not to. Find bookkeeper, save money. It’s simple math. The money saved over the long haul by avoiding fees for late payments or bounced checks, in addition to the potential thousands that can be owned to the IRS far outweighs the cost of hiring an expert.

The business may also be missing those opportunities where costs can be reduced because the overhead isn’t analyzed for potential savings or simple procedures to reduce insurance costs and other expenses aren’t followed. Often, the business pays more in taxes than they should be as important tax breaks are missed.

Find bookkeeper, save money – that’s what GoodAccountants.com is there for.  Their service comes at no cost or obligation. By contacting the consultants at GoodAccountants.com, you’ll be ensured of getting the best bookkeeper to meet your business needs, helping you to save big while saving big headaches down the road as well.

How to Find the Best Accountants

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AccountantMarketing is a must for any business, and that includes accountants. Hiring a marketing firm to grow an accounting practice can result in long-term, residual income, skyrocketing annual revenues. In the past, many accountants have ignored internet marketing for growing their business, but with online searches becoming the top method for locating an accountant as well as most other services, today it’s a must.

If potential clients don’t know you’re out there, how can you help them?

This is where GoodAccountants.com can help. The best accountants know that turning to the nation’s fastest growing online accounting service will help link them with the very best clients.

In turn, businesses of all sizes and types benefit from contacting the consultants as GoodAccountants.com to find those highly qualified accountants that will perfectly meet their needs.

Why should you hire an accountant for your business?

The best accountants can save you time, in essence money, as well as clear up the headaches and confusion when it comes to managing the finances and taxes of the business. They can act as a trusted advisor to your business, help manage cash flow, plan for growth and assess risk as well as keep the books in order.

Of course, finding the best accountants can take a lot of time, and that is probably time you don’t have to spare. In addition to coming up with a list of candidates through referrals from other businesses or your local chamber of commerce, you’ll have to schedule a consultation with each to determine who fits your needs best.

Ideally, the right accountant will have knowledge of your industry and specific industry experience. Sometimes finding this person is like locating a needle in a haystack. Screening each candidate thoroughly by verifying experience and qualifications is also a must and quite time consuming.

Fortunately, by calling the experts at GoodAccountants.com, all of this work has already been done for you. This valuable service doesn’t cost a thing. You’ll be matched with the very best accountants that are perfect for the needs of your specific business, in just seconds, saving you the time, money and frustration it can take to do so on your own.

Microsoft Names New Corporate CFO: How to Find Your Own for Optimal Financial Operations

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the best business accountant can now be used entirely online with goodaccountants.comPopular software corporation, Microsoft, recently announced the name of their new corporate CFO. Amy Hood was the chief financial officer of the company’s business division, but has become the company’s overall CFO effectively immediately.

Hood headed up Microsoft’s $24 billion business division since 2010 and prior to that she oversaw the launch of Office 365 and two of the company’s most significant acquisitions, Skype and Yammer.

Hiring the right CFO can make the difference between success and failure for a company. A good CFO can function as the owner’s business partner, allowing the owner to step away from the books and manage other aspects of the business better.

A CFO often takes responsibility for handling financial analysis, budgets and accounting, insurance, banking, accounts receivable as well as real estate and even legal issues.

A business like Microsoft obviously knows exactly what to do to find the very best. If you’re a business owner, how can you find your own expert corporate CFO?

Determine qualifications

The first step in hiring a CFO is to determine the qualifications you’ll need for that role and develop a job description.  The best corporate CFO should be a strong manager, an excellent strategic thinking with outstanding finance skills and good business sense.

Do you need someone who acts as a traditional CFO, charged with responsibilities like preparing financial statements, planning tax strategies and developing budget forecasts? Or, do you need someone who can do even more than that by taking a major role in strategic planning and helping the business stay on the right path toward its goals?

Specific industry experience, accounting skills, leadership skills and involvement in industry organizations are just a few of the other factors to consider.

Finding the right candidates

The more difficult and time consuming task comes with locating the right candidates. Hiring a corporate CFO can be one of the most important things you’ll do for your business. Screening hundreds of potential candidates can take hours and hours of time.

Instead, call the consultants at GoodAccountants.com who can deliver the best CFO candidates who have already been screened at no cost or obligation to your company.  Free up your time to do what you do best, while receiving the top expert for your needs.

Smart Businesses Hire a Tax Accounting Company: Why You Should Too

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bookkeeping services for small business

Successful companies realize the importance of hiring help for managing their taxes. Just two of the well-known clients GoodAccountants.com assists include the popular hamburger chain Johnny Rockets and one of the biggest doughnut eateries in the nation, Dunkin Donuts.

There is no business that is too small or too big that can afford not to hire a tax accounting company. It is one expense that will pay for itself in the long run, saving the business much more money than the cost itself.

Tax Breaks

Whether you’re just starting your own business or it is already established, a tax accounting company employs expert accountants with the experience and expertise it takes to help you manage finances the right you.

A professional tax accountant works with taxes and the IRS on a full-time basis. They are intimately familiar with the tax code and can help you benefit from every tax break that is available to your business.

They can show you how to make the most of the money you have coming in while receiving the best tax breaks, making the expense pay for itself and the service virtually free over time with all the money that is saved.

Tax Complications

Tax laws are continuously changing and new ones emerge each and every year. There are so many, only a professional whose job is to do so can keep up with them all. Hiring a tax accounting company will not only allow you to take advantage of any new tax breaks, it will help you to prevent errors which could lead to big trouble with the IRS down the road and even potential business loss.

There is nothing in the tax law that says a business must hire a tax accountant and some business owners handle them on their own. Often times, they realize too late that this was not a good idea. The most successful businesses realize the importance of using professionals.

Doing taxes on your own requires being up to do on all the tax laws, and hours and hours of precious time that could be spent on winning more clients and making money for the company.

Follow in the footsteps of businesses that have made millions, and use GoodAccountants.com as a tax accounting company that can ultimately help you to do the same.

Tax Season Has Ended: Find an Accountant Now So Your Business is Better Prepared Next Year

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 Find an Accountant With this year’s tax season over, the last thing you probably want to do is think about next year’s taxes, but planning now is essential for avoiding headaches and getting better control over your business’ financial future.

The sooner you start preparing, the better off you’ll be. As a business owner it’s crucial to understand how taxes affect your business throughout the year. Find an accountant now who can help you to do just that while freeing up your time to concentrate on your main responsibilities.

Why should you find an accountant before January 1st rolls around?

 

Saving money

While many small business owners may hesitate at adding another expense, consider that no matter how much the accountant charges you, the odds are you’ll save more than that cost. The savings could add up to thousands of dollars when it comes to tax time.

A good accountant with the right expertise will make sure you get all of the deductions and credits available to you. Working with taxes and the IRS is their full time job, so they know the ins and outs of the tax code far better than the average business owner.

The accountant can also help you to set up your business to file taxes as an S-Corporation which will help you to avoid many of those high federal self-employment taxes required as a sole proprietor.

Saving Time

One of the biggest challenges of any small business owner is time management. It seems there is never enough time in the day to get everything done. If you have to handle your own taxes, that’s a large chunk of time you could be spending on doing what you do best – making money for your company.

Find an accountant and you could save thousands of dollars in time, as we all know time is money.

Most importantly, hiring an accountant like the experts you’ll find at GoodAccountants.com will give you the peace of mind knowing that a professional is handling your taxes correctly. When it comes to taxes and small business, it can be extremely complicated. If not done right, it could lead to financial disaster.

Find an accountant now and take one less worry off that list.