It’s time to grow.
The ledge. It’s a place every business owner will end up. Some retreat back, others cautiously inspect, and and many dive head first into the unknown. This is the ledge of putting your all into your business. That point where you say “I can’t go back now.” This death-defying leap is invigorating for some and for others it can be a nausea inducing experience. When you decide to make this leap, you need all of the information you can acquire on your company. How much is this costing me? Can I make a profit? Can I scale this business even more and grow? The questions are endless, and how in the world can we answer them? Financial statements are your answer.
Financial statements are the doctor’s chart for your company. They show you where your money is flowing and if there are any blockages. They show how productive and efficient you are and can show your growth. The balance sheet, income statement (P&L), statement of cash flows, and with larger companies, the statement of stockholder equity, need to be engrained into your mind and poured over before any decision. These statements show the past, present, and future for your company.
Having accurate financial statements is essential to your leap in growing your business. In Nassau county Florida we have numerous small businesses, all fighting to be number one. Which ones will succeed? Without a doubt the ones that have accurate financials and most importantly, the ones that know how to use them. Bookkeeping is the initial step to having accurate financials. Bookkeepers lay the groundwork for all of your decisions, showing you the blueprints of your company and every intricate detail of how your business is doing.
On Amelia Island, in Yulee, and in all of Nassau County, Florida I want to be your bookkeeper. I want to not only show you how your company is doing, but I want to help you understand the language of business (accounting) so you are prepared to make the tough decisions ahead.