How Accounting Services Help Entrepreneurs Succeed in Today`s Market?

 How Accounting Services Help Entrepreneurs Succeed in Today`s Market?
The financial health of your business plays an important role in determining whether you will succeed as an entrepreneur. With the pressure and busy schedule that comes with being a business owner, you may have limited time to handle all these tasks on your own. The in-house team at your business may also have limited resources to effectively do the job. At Padgett Business Services, we help small businesses to succeed in today’s market. Our affordable products are designed to give you the critical financial information you need at every stage of your business’ growth.

Accounting and Bookkeeping
The importance of accounting and bookkeeping in any business cannot be denied. Depending on the service you choose, we will pick up your financial record on a monthly or quarterly basis. Once we have the records, we will process them and prepare complete financial statements. We will then come to meet you with the financial statement, with a view to reviewing it. The next step will involve making corrections, planning and helping you to focus on growing your business. Our accounting and bookkeeping services will help you achieve accurate record keeping. We will also monitor income so as to plan appropriately for tax obligations.

Tax Returns
As an entrepreneur running a small business, you will need to file your income tax returns every year. In case you want more time to focus on your business or do not understand the procedure of filing your returns, you can turn to us for assistance. Whether you run a sole proprietorship, a partnership or an incorporated company, our accounting team will plan appropriately and submit your tax forms in good time. We can also advise and represent you in case your business is being audited by the Canada revenue Agency. Apart from accurate taxes, you will also have your forms submitted before the set deadlines. Our tax experts will also be ready to help you in case of complex tax issues.

Financial Advice
Navigating the business environment requires that you fully understand the financial health of your business. We know that this can be hard sometimes. That is why we offer financial advice to small businesses so that they can identify and correct mistakes. Our in-depth analysis of situations ensures that you make informed decisions that will help you grow the business. We can advise you on whether to incorporate, help you to improve performance and profitability, help you to identify and address cash flow problems, assist in securing loan facilities as well as offer guidance when you are looking to rent or lease. With financial advice and tips from our Calgary accountants, you can make decisions with confidence.

Payroll Services
Rather that handling payroll tasks yourself, you can hire our personal service that features state-of-the art technology and affordable rates. We will handle your tax preparation and filing processes in a timely fashion to help you avoid any penalties. This is because we are conversant with the regulatory policies that guide the processes. Our services will help you to gather important payroll information and compile employee records.

Other Accounting Services

Some of our other services that will be beneficial to your business is the industry comparison and the GST calculator. If you would like to know how much our services cost, please request for a price quote today.
When you are looking for a company that understands the needs of your small or medium-sized business, look no further than Padgett Business Services. With our focus on small businesses, we have adequate experience in the industry. Take advantage of our free no-obligation one hour consultation and our affordable fees.

How Accounting Services Help Entrepreneurs Succeed in Today`s Market?

About the Author: Gerald Hunt

After graduating from the University of Calgary with a Bachelor of Science degree in Computer Science, Gerald joined KPMG (Formerly Thorne Riddell) as a Computer Accounting Customer Service representative. In this position, Gerald installed accounting systems in over 200 different small to medium sized companies over a 6-year span. In 1989, Gerald left KPMG to continue working with small business clients in his own corporation, installing computer accounting systems. While in this role, the DeVry Institute of Technology in Calgary engaged him to teach various courses. In time, Gerald moved up through the ranks of DeVry until he attained the position of Director of Finance for the Calgary Campus. He also acquired his Masters of Business Administration from City University of Seattle, Washington in 2001. Gerald’s career has always been focused on small business, accounting, and education. Need accounting help? Visit Padgett Business Services, and book a free no-obligation one-hour consultation.

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