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In order to legally run your business, you must learn about and comply with local,
state and federal laws regarding everything from your employees, taxes, the environment,
worker safety and more. Businesses in crisis generally need help resolving government-
compliance problems and making realistic plans to maintain compliance after
problems are resolved. We can help you learn about and become compliant with...
- Internal Revenue Service (IRS), to which all businesses must provide statements
and pay applicable local, state and federal taxes.
- Asbestos and Small Business Ombudsman (ASBO), the organization that
helps small businesses stay compliant with the Environmental Protection
Agency (EPA).
- Occupational Safety and Health Administration (OSHA), which inspects businesses
of all sizes and enforces federal safety requirements that protect the
rights of employees to work in nonhazardous environments.
Many businesses end up for one reason or another with a shoebox as a temporary
accounting system. Over time they will learn just how detrimental this can be to the
business. Having a bookkeeper create a true accounting system should resolve issues
related to months or years of nonexistent financial records and provides you with
sound financial data, analysis and advice as you make decisions. Consider...
- Without monthly tracking of expenses and costs, you may find yourself with no
cash to keep operating.
- Without tracking, how will you stay on top of accounts receivable and follow up
with overdue accounts to get paid?
- The professional appearance of your company’s financial data is crucial when approaching
your banker or investors for additional financing.
All businesses experience periods of low cash flow, and good bookkeeping can help
you predict these times and decrease their impact on your business by taking timely
steps to collect money owed and implement short-term expense cuts.
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Savannah, GA 31406