What Can an Accountant do For You

What Can an Accountant do For You

Whether your business is brand spanking new or you have been around for years one service all businesses need is that of an accountant.  Accountants are absolutely invaluable to your business, not only to they offer professional advice they can offer insight that you haven’t thought of yet.  For small business owner you can opt for pay as you go services rather than a monthly retainer, you may not need the services of a full time accountant yet.

What Can an Accountant do For You?

A good accountant can do a lot for your business while you are probably familiar with things like bookkeeping and getting your taxes ready they do so much more.  Here is a closer look at what an accountant can do for you.

  • Help you put your books together and choosing the right software
  • Helping you get your documents organized
  • Setting up you accounting software and customizing it to your business
  • Creating the Chart of Accounts you need for your business
  • Training you on your software, where to post your transactions and how to keep track of cash flow
  • Preparing your taxes at the end of the year
  • Show you any advanced features of your software that you may need
  • Helping you prepare documents you need to secure financing or loans

Helping You Grow

There are lots of other ways that an accountant can help you, especially if you are focused on growth.  They can help you with cash flow and putting together the financial statements that you need to qualify to get financing.  They can help you get your accounts receivables in line and project the amount of money you will need for things like opening a second location.  They can make sure that your payroll is done right and complies with all applicable state and federal laws.  As your business grows there are other situations that will come up where your accountant can help.

If you thought that your accountant was only here to help you with your taxes you couldn’t be more wrong.  Accountants are a valuable tool in your business just like your sales team and your suppliers.  They can help you can a handle of your finances which is crucial to your business.  They are there to help you with your projected sales and how you can go about financing growth.  Work with your accountant it will help you make your business the success that you want it to be.

Starting Your Own Commercial Cleaning Business

Starting Your Own Commercial Cleaning Business

Starting any type of business is complicated and there are steps you need to take to make sure that your business will be successful.  A commercial cleaning business may be a little easier than most, there is a high demand for your services and the start-up costs are fairly low.  You won’t need a huge capital investment to get your business off the ground.  There is a great opportunity here to build a successful business but there is some prep work you need to do.  Let’s look at what it will take to get your business off the ground.

A Business Plan

Every business needs a solid plan of action.  Failing to plan is planning to fail, your plan needs to include what services or goods you plan to sell, how you plan to attract customers, some financial planning.  When you expect to be profitable and how you plan to make that happen.  A business plan doesn’t have to be complicated however it is an outline for your success.  If you plan to secure any type of financing in the future then you’re going to need to have a business plan in place to get a loan or financing.  Here is some help creating a business plan.

Who Are Your Customers

You need to identify who your ideal customer is and how you can reach them.  While you intend to work with commercial customers rather than residential, do you plan to work with restaurants or office buildings.  If you identify exactly who you want to work with that makes the marketing of your business that much easier to put into place.

Type of Business

Now you need to decide what type of business you want to start.  Do you want to have your own independent business or be part of a franchise?  Starting your own brand leaves you in control of everything, it also puts the burden of creating brand recognition and marketing squarely on your shoulders.  Becoming part of an existing franchise business offers a lot of perks, there is support and mentors along with training.  Franchises will cost you a lot more up front and you will be giving a cut of your profits to the parent company forever.  You may also be limited in what services you can offer along with how you advertise.

Starting a business is never easy but planning ahead will go a long way into make your business the success that you want it to be.  While these steps are in reference to starting a commercial cleaning business they really can be applied to any service business that you are looking to start.