Level II - Accounting
An accounting team to help you focus on the business
Fees: $3,000.00 Per Month
Profit & Loss Accounting
Balance Sheet Accounting
Cash Flow Statement Accounting
Human Resources
As your revenue is between $500k and $2 million, we recommend that you are at least registered as an LLC and advise the option to have your business upgraded to being an S-Corp for ease of doing business as you and the team scale up.
Running a business with revenues up to $2,000,000 will require services at the minimum that provide the following
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this is an Income Statement tracking your revenues, cost of goods, expenses and net income (profits). This must be tracked at least monthly, recommended weekly to review business performance and prepare for tax season.
For your Business we will schedule a monthly financial reporting meeting and a quarterly review of company performance.
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the Balance Sheet helps track ASSETS (Bank Accounts, Materials, Equipment), LIABILITIES (credit cards, loans, bills payable) and EQUITY (Ownership in the company, Investment, returns and valuation)
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Reporting of the business’ cash inflows, outflows, financing, investment activities. This is a good insight into how your company generates and uses cash resources. Important for making planning decisions.
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Payroll Services: Outsourcing your weekly, bi-weekly, or monthly payroll saving you time from doing the payroll yourself, and money, if you have an in-house payroll person.
Human Resources: Advisory and Management Benefits, employee onboarding and offboarding.
