One issue we regularly see clients tripped up by is the lack of a business strategy. It's easy to see how difficult the startup process can be, so once your business is established, it's very tempting to simply sit back and keep doing the same thing. Unfortunately, this lack of direction can spell the end of many businesses. Business planning is a vital part of keeping your business operating successfully and profitably. Here are some of the reasons Accountrely's clients have found to continually create and revise their business strategy. Whether your business is just starting out or has been in operation for decades, having a strategic business plan in place helps you continue working towar
When starting a business, it can be a logical next step or the culmination of a lifelong dream. But whatever motive drives your entrepreneurial spirit, you'll still need to go through the same basic steps so your company starts on the right foot. At Accountrely, we've helped many businesses with the startup process, and have found the following common elements. Create a business plan. Having a solid business plan clarifies goals while determining your business' marketing, management and financial needs. Calculate startup capital needs and sources. How much money will you need to get started? Startup capital gets your business off the ground while you're establishing your place in the market.
When you're running your business, it's important to keep track of vital financial information. Not only are they needed to determine whether your business is profitable or not, but there are also a wide range of legal requirements your financial records will need to meet. At Accountrely, we regularly receive inquiries from businesses about what level of accounting help they need. Here's a quick overview of common levels of accounting services and why they're important. Bookkeeping Bookkeeping is the process of creating the records of your company's everyday transactions. A bookkeeper will record your company's incoming and outgoing funds, post debits and credits to the appropriate accounts
At Accountrely, you can expect exceptional accounting services for your business. But did you know that we also offer business services? From initial startup development and preparation to strategic business planning to determine future direction, our friendly, professional staff are ready to help you make your dream business happen. New Business Formation At Accountrely, we've been in your shoes. Starting a business is your dream, but all the planning and paperwork seems to keep getting in the way. Our new business formation services allow you to focus on your dream while we help guide the reality to a successful venture. From our initial contact where we help you identify your goals and pr
