Blog Layout

Why Your Small Business Needs A Bookkeeper | Boyd Group Services

Martin McCarthy • May 19, 2021

Future Financial Success 

If you are a small business owner or are starting a business, whether or not to hire a bookkeeper/accountant is the single most important decision you will make for your future financial success.

In this post, we will discuss the reasons why your small business needs a bookkeeper, and the multiple different job responsibilities this accountant will perform for you.

If you've been trying to use software for your company, you need to know there's a much better option that will actually make you more money and give you more opportunities for growth and success overall. 

Multi-Tasking Fools 

A great professional accountant is a multi-tasking fool, and you will be amazed in no time at the myriad of tasks they perform for your business's financial health and wellness. Let's face it, you need to make money to stay in business, and most of us live according to our means.

Hiring a bookkeeper/accountant is not only securing professional accounting services for your small business but also helps you with several money management tasks. 

Bookkeepers keep track of recent posts and transactions so they can keep your records up to date. They are then able to provide you with accurate financial statements, anytime you need them.

During tax season they are invaluable, helping you with tax preparation for the year ahead and reducing your taxable income. A good bookkeeper and accountant provide money managing skills that keep your cash flow secure and balance your books.

Financial Wizards 

 Many small business owners today are hiring a bookkeeper because they know they are financial wizards who can help them with growth and ultimate success.

Professional bookkeeping services include things like data entry for your company, such as keeping track of all your clients and the accounts receivable and accounts payable transactions related to each. Most accounting is done using some type of software, with a physical paper trail to back up the records wherever possible. 

A superior bookkeeping accountant or CFO , like Chad Davidson from Boyd Group Services , can help you get your small business off the ground right from the start. He can help get your cash flow going, producing what you need. Get your finances in order and watch what you spend, so you can take advantage of any good opportunities for growth that may present themselves.

Chad Davidson from Boyd Group is a financial wizard of the highest order, and can help you achieve your maximum potential level of success! Contact us today for a free evaluation and diagnosis of your small business. 

Money Making Fools 

The fact is, small businesses need a bookkeeper simply because they're money-making fools, so you'd be an even bigger fool for not taking advantage of this advice!

But seriously, the professional financial services of a bookkeeper and accountant are priceless to successful small business owners. Besides their accounting and money managing skills, they are also your personal tax accountant and advisor all year long.

If keeping track of your expenses or what you spend including payroll becomes difficult, and you never have the cash to spend, your company may need a bookkeeper. 

Personal Tax Advisers 

Small businesses, when hiring a good bookkeeper and accountant , are also hiring themselves an excellent personal tax adviser, especially when using Boyd Group Services to do your accounting. When tax time comes, we help you prepare your tax returns to the IRS.

We can help you reduce your taxable income and take advantage of any tax code revisions that may apply, or any deductions possible. The IRS doesn't like late payments, so let Chad Davidson from Boyd Group show your business how to make taxes through tax planning work to your advantage.

Balance Your Books 

The skills a professional accountant can provide for businesses are absolutely critical to achieving maximum growth and success. Bank statements will become suited for framing and payroll will be celebrated! Er, well, maybe not quite so extra, but you get the picture.

Balance your books and have accurate financial reports for any occasion, whenever you need them. Remember, for any kind of credit or loan, or to be able to recruit investors, your business may need multiple different financial reports. The better your records and books are, the better your results will always be. 

If you're a small business owner, don't make the mistake so many failed companies do! Hire a bookkeeper or CFO for your business's ultimate success from Boyd Group Services. Contact us today right here on our home page, and request a free consultation. See how we can help your business achieve its potential level of success. 

Services From Boyd Group 

At Boyd Group Services, we have a proven method of helping small businesses like yours achieve their maximum growth potential and level of financial success. Owner Chad Davidson has served as a successful CFO or Chief Financial Officer for multiple companies and is a CPA or Certified Public Accountant as well.

If your business is struggling with its finances or you are just getting off the ground, give your business the best possible chance for long-term success. Hire Chad for the following services: 

Build your business with scalability and tax planning in mind from the start, and have the most accurate, up-to-date financial reports possible at your fingertips, whenever you need them. Boyd Group Services is who you want on your side when you're interested in real success. 

By Chad Davidson 21 Jul, 2021
Learn all about what a tax planning firm does and what one can do for your business, including what to look for in a tax firm and how it helps profitability.
By Jack Kim 01 Jul, 2021
Learn what the job duties are for a Chief Financial Officer or CFO are, what they can do for your business, and why you should hire one.
By Chad Davidson 15 Jun, 2021
Learn how tax planning at the beginning of the tax year helps you grow your business and reduce taxable income, plus other great tips for small business owners!
Share by: