As a small business owner, there are a lot of distractions that can derail you. Heck, just staying on top of your email inbox could take you all day if you let it! That’s why prioritizing your daily and weekly business activities needs to include putting special attention toward your finances. By assigning someone who can dedicate their time to make sure the money you make is going where it’s supposed to, they will help your business succeed, both now and down the road.
Balancing Act, a small business accountant, offers entrepreneurs and small businesses a variety of accounting and bookkeeping services that help you get and stay focused on the big picture. The owner, Mary Jo Watson, has over 30 years of experience as a CPA (Certified Public Accountant) and as the CFO (Chief Financial Officer) of a local business. Fifteen years of which has been exclusively geared toward small businesses. Why is this important? It means we can help you make informed decisions about what path to take and when.
In business, timing can be everything, and once you get behind the eight ball, it’s tough to get ahead. Balancing Act can tighten up your business to eliminate duplications and redundancies by automating and streamlining processes that will reduce costs, frustrations and the distractions that bog you down. We can also show you ways to save on your taxes and improve your bottom line.
Balancing Act Services
Accounting services is a broad term that describes a lot of different financial and consulting services including but not limited to: bookkeeping, preparation of financial statements, QuickBooks assistance, internal control reviews, payroll services, and tax preparation. If you need some horsepower in your accounting department or don’t even have one, Balancing Act, as an experienced small business accountant, can help get you up and running smoothly. Learn more >
Bookkeeping is fairly straightforward these days with QuickBooks and similar programs. You don’t want to be paying CPA prices for bookkeeping. Once we make sure your accounting system is set up correctly, with a little training we can have you or your staff handle most or all of what is needed. It is almost as easy as teaching your staff how to write a check.
We can help you make sense of the spreadsheets and free you up to do what you do best. At Balancing Act, we can easily teach you the day-to-day tracking of your income and expenses, your payables and receivables and show you how to print out financial statements and what they mean. We will meet with you periodically and guide you on how best to allocate expenses, what depreciation strategies may be available, and keep your records organized and up-to-date. We can also give you tips on how to reduce spending and keep more of your hard-earned money. Learn more >
Not just talking “at” you, but asking questions, finding problems and implementing solutions is the basis of good business consulting. As a vested outsider looking in, we at Balancing Act take a different approach and can offer a non-biased point of view. Helping you find and make the right business decisions for your company today, and helping you plan wisely for tomorrow is part of our business consulting services as well. Learn more >
If the idea of sitting down with a manual isn’t your cup of tea, or you recognize that the “trial and error” approach isn’t the best when it comes to managing your business financials, give us a call. As experienced QuickBooks users and a QuickBooks ProAdvisor, we can teach you the software features to simplify your accounting process. We will also implement these features using proper accounting principles so your records are clean, accurate and well-organized. This makes your life much easier for tax time or even when approaching a lender that would request such information. Learn more >
Small business financial statements are essentially a preview to a tax return. That’s why we like to keep the tax return top of mind when reviewing your financials. Doing so enables us to be proactive in addressing any concerns throughout the year, instead of waiting until tax time when it’s typically too late. At Balancing Act, we speak your language and that of tax professionals so we can help you take advantage of current and ever-changing tax laws. That’s why we make a great partner! Learn more >
If you’d like help in one or more of these service areas, give us a call at 410-321-8987 or complete the Request for Services form. After we review it, we’ll be in touch right away.