6 Reasons Your Small Business Needs Accounting Services

Far too many small businesses try to do everything on their own. Whether this determination is a result of trying to save a buck or actually assuming they can handle it all, it often results in negative consequences for the business.

Professional accounting services provide a wealth of benefits for small businesses that can enable them to achieve their goals and avoid financial pitfalls. In this blog we will outline some of the main reasons your small business needs dedicated accounting services.

Maintain accurate records

The dangers of poor or inaccurate financial record keeping cannot be overstated. If you want your business to succeed and be protected, you have to be extremely organized. A strong CPA can help you build an effective and efficient record keeping system that suits your company and also make sure it remains up to date and accurate, so that when an issue or financial irregularity arises, you will be prepared to take action and handle it. This can help protect you from embezzlement, IRS audits, or other disputes.

Frees you up

Very few business owners actually enjoy dealing with the financial and mathematical minutiae of accounting. Moreover, a great deal of a business owner’s time can go wasted trying to figure out what they are doing and rechecking their work. A dedicated accounting service can free you up to focus on the important, front-end aspects of your business, like your customers.

Avoid tax issues

When the IRS comes knocking, you want to feel confident, not terrified. A dedicated accountant can help ensure that your taxes are always in order and minimize your risk of paying huge fines and penalties.

Self-auditing/Forensic accounting

Don’t just sit back and wait for the IRS or another authority to find issues with your finances. Your accountant can help you conduct periodic self-audits to identify weak spots and handle any issues before they become a problem. A CPA trained in forensic accounting, like is particularly adept at seeking out irregularities and helping you implement controls that can prevent fraud within your company.

Peace of mind

You can’t put a price on peace of mind. If you are confident that your finances are in order, you will have the confidence and knowledge you need to achieve your personal and business goals, rather than spending your time stressing over numbers.

If you are a small business owner interested in professional accounting services, please call Desnoyers CPA, LLC for a consultation.

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Written by Desnoyers CPA

Desnoyers CPA

Known for her friendly, outgoing nature and her rare talent for financial foresight, Lydia Desnoyers has been serving individuals and small businesses in Florida since 2010. After earning her Master’s Degree in Accounting from Nova Southeastern University and her Bachelor’s Degree in Accounting from Florida State University, she became a Certified Public Accountant and a Certified Fraud Examiner.