When you’re the sole owner of a business, it can be hard to focus on bookkeeping on top of things like payroll and managing your business. For new entrepreneurs, bookkeeping is an added burden in managing a newly-established bookkeeping vancouver business. Keeping track of transactions, checking if everything is correct — it can be a waste of time and a bore. That means I’ll always be here to ensure you’re in the know and on track for success.
For sure, you can do your own accounting for your small business, many owners do just that. But maybe business owners often say that they wish they made the decision earlier instead of leaving it to the last minute. A bookkeeping service is great for smaller businesses that can’t afford their own accountant yet.
My financial health check is designed to help small to medium-sized businesses and nonprofits uncover opportunities for financial improvement. We are not limited to a specific size of business, however, we ideally will work with a business until they are large enough to hire a full-time CFO, Controller, or finance team. This could be any business that is pre-revenue or startup sized, all the way up to a business earning $10M+ in annual revenues. Additionally there are often times where a business grows to a size where they can fully hire in-house but subsequently choose not to as our services offer the protection of employee retention. With us, you will never have to worry about having to rehire a CFO again.
A bookkeeper can give you an outside perspective on how you can manage your budget and run your business more efficiently. They can teach you ways to cut costs, provide insight into your spending, and more. Ultimately, hiring a bookkeeper will help you save money.
We can help with the preparation and filing of GST/HST returns, tracking input tax credits, and providing guidance on the tax implications of your business transactions. Our team of talented accounting professionals provides sophisticated bookkeeping, accounting, and tax services to entrepreneurs, start-ups, corporations, and individuals. As your company grows, and there is more demand for your time during your working day, you may find you need the support of an accountant.
Familiar with the specific nuances related to your medical practice our team will keep you covered. We offer a free initial consultation and access to the latest technology like QuickBooks Online & Xero. The Bench platform gives you monthly financial statements and expense overviews to keep you in control of your money.
Those services mostly have a flat rate rather than an hourly rate, making it more affordable than an in-house accountant (who needs to go on payroll as an hourly and permanent employee). So you won’t need to bother with this chore, we asked different business owners and researched their top choices to see which are the best bookkeeping services in Vancouver. This is a crucial time to get your accounting and reporting in place so that you have something to show investors or lenders. We would recommend starting with our “Startup” package which would include everything you need to get up and running so that you are ready to provide support to your potential investors!
But we don’t think you’ll forget to send your transactions with them anyway. Other companies we’ve interviewed have said that they regularly communicate with Homeroom and they give pretty early reminders. Due to being a smaller business, Homeroom Small Business is closed during the weekends. However, they still guarantee a response to your queries on the next business day.
We’ll do the work for you – finding and connecting you with service providers that meet your exact requirements. We integrate with all the best tools you know and love https://www.bookstime.com/ such as Quickbooks, Receipt Bank, Shopify, Stripe, Square, WayPay, and more. You can also ask an accountant to provide proof of their license and credentials.