Why to Hire an Accountant for a Small Business?

Small Business Accountant Services | Krishnan & Sullivan LLP

Why to hire an accountant for a small business? 

Running your small business with a keen eye for growth? At Krishnan & Sullivan LLP, we know how pertinent proper cashflow management and accurate financial projections are to a successful company. If you’re looking to minimize risk of messy balance sheets, incorrect year-end statements and stressful tax filings – we offer small business accountant services that allow you to worry less, and focus on your next business goal instead.           

Like any small business owner trying to strategically budget and invest their money, you might be wondering when you should hire an accountant for small business. Here’s a few instances where it’s smart to consider one:

You Need Help Writing a Business Plan

Get financial advice and number-crunching knowhow from the start. If you involve an accountant in writing your business plan early on, it ensures your finances are best allocated, and could save you time and money compared to hiring one later.

You Need Help with Finances

If you feel like you’re barely keeping afloat, and making sure key business metrics like ratio of salaries vs total revenue is accurate isn’t your forte, hiring an accountant for small business is an ideal solution.

You Need to Deal with Government

Government paperwork can have many rules and regulations. Working with an accountant means you’ll file taxes, while minimizing liabilities and impact on profits. This also means any annual statement of accounts, stock allocation and handling of employee tax codes and payments will be done accurately.

Services We Offer

Popular small business accountant services include:

  • General bookkeeping and cleanup
  • Cashflow management
  • Business advisory services
  • Writing a business plan
  • Strategic tax planning and compliance
  • Financial statement preparation

For more information on small business: accounting services:

Book Your Consultation With Our Bowmanville Office

Krishnan & Sullivan LLP is an accounting firm with a robust team of accounting professionals who take a personalized approach to each project. We take the time to get to know each of our client’s unique needs. To learn more about financial statement preparation, contact Krishnan & Sullivan LLP

Mail to: 118 King Street East
Bowmanville, ON L1C 1N5

Call: (905) 697-3736

Email: [email protected]

Book Your Consultation With Our Markam Office

Krishnan & Sullivan LLP is an accounting firm with a robust team of accounting professionals who take a personalized approach to each project. We take the time to get to know each of our client’s unique needs. To learn more about financial statement preparation, contact Krishnan & Sullivan LLP

Mail to:7100 Woodbine Avenue, Suite 305 Markham, ON L3R 5J2

Call: (905) 479-1222

Toll Free Fax: 905-479-2323

Email: [email protected]

Web: www.ks-llp.ca 

You might also enjoy

WOULD YOU LIKE SOME TAX-FREE INCOME?

There are several kinds of income and benefits that are not subject to tax under the Income Tax Act. To the extent you can get any of these, you won’t need to pay tax on the income, or, in many cases, even report it.

SOME GST AND HST QUIRKS YOU MIGHT NEED TO KNOW

The Goods and Services Tax (GST) and Harmonized Sales Tax (HST) form a very complex system, with myriad special rules and exceptions. Many details have changed since the GST first came into force in 1991.