Lucy A. Rudnicka – Small Business Accounting Services
Small Business Accounting & Bookkeeping
Do you need monthly financial statements? Has your business grown too much for you to keep doing it yourself? Do you need better decision making tools to help you run your business?
My services are customized to fit the particular needs of every client. Now more than ever timely and accurate financial information is crucial to the financial health of any business.
Some of the typical services include, but are not limited to:
- Financial Statement Preparation (Monthly, Quarterly and/or Annually)
- Small Business Bookkeeping
- Inventory
- Fixed Assets
- Account Reconciliation and Analysis
Business Plan Consulting for Small Businesses
Consulting services for small businesses preparing their business plan:
- Review of the Business Plan
- Preparation and Review of the Financial Schedules in the Business Plan
- Creating Customized Financial Models used in Business Planning
Cash flow funding solutions to small and medium–sized enterprises
Do you need immediate advance of cash against the value of your outstanding invoices? Do you want access to an ongoing supply of cash directly linked to your sales? Do you have a confirmed order from a creditworthy customer but lack the cash to fulfill it?
Improve your cash flow by obtaining an immediate advance of cash against the value of your outstanding invoices. Then as you raise an invoice, you receive up to 90% of the value of that invoice within 24 hours. The remaining 10% is paid to you, less a small service fee, once your customer has issued payment.
Large orders, seasonal sales and business expansion can place real pressure on your cash flow. Some suppliers want you to pay cash on delivery while your customer wants to pay you net 30 to 60 days.
There are 3 different types of facility, linked to a receivables funding facility, that you could make use of dependent on your situation:
- Making Direct Payments to your Supplier
- Issuing a Letter of Credit
- Supplier Guarantee
Contact my office for details.
Part-Time Controller/CFO
What is a Controller? Will that person try to control me?!
Just the opposite – that person will put you back in the driver seat. Your Controller will help you manage and maximize your profit margins.
My mission is to bring the big business
skills and expertise to the small
businesses to help them grow and prosper. To make good decisions, a small business needs the same
financial information as a large company – just on a different scale.
Sometimes it starts with a simple ratio analysis of your financial statements. Or with an explanation of your Balance Sheet which shows you how to read and understand it. A small business balance sheet is a veritable gold mine of information about the health of the business.
For a small business owner it is often even more important to have qualified and competent financial staff, because he may not have the reserves of most large companies. He cannot afford longer periods of low profits or sales downturns. The profit margins are often not high enough to compensate for them.
I'm a firm believer that every business can benefit from the expertise of a Controller – even if only on a part–time basis.
- Stop leaking profits
- Financial Statements Explained
- Profit Maximization
- Inventory Control
- Margin Analysis
- Cash Flow
- Budgeting
- Training
- Assistance in recruiting accounting staff
- Audit assistance
- Due Diligence
- Small Business Advice
QuickBooks File Review, Set Up and Training
- Do you need help getting started with QuickBooks?
- Do you need more training in some aspects of QuickBooks?
- Would you like to customize your QuickBooks forms (invoices, purchase orders, estimates, letters)?
- Do you have accounting questions when working with QuickBooks?
- Has your business outgrown you accounting software?
- Do you keep running into software limitations?
- Would you like to utilize more features of your accounting package?
- Are you struggling with the transition to your new software?
Some examples of services provided:
- QuickBooks Set up
- Training first-time users in all versions of QuickBooks
- Training experienced QuickBooks users who look for customization or focus on a particular aspect of QB
- Review existing QuickBooks file, point out and implement needed changes
- Assistance in selecting, installing and utilizing other accounting software
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