KARE Accounting x CFO offers a range of accounting services, each based on the needs of the Boston small business we work with. But why do businesses need to source an expert accountant or CFO? Here are just a few of the real-life benefits Boston businesses gain from an accountant:
- Accurate financial documents are essential to ensure compliance and reduce the risk of penalties such as fines.
- Create financial reports that impress stakeholders and potential investors.
- Attract new business by unlocking the cash flow to invest in leveraging new marketing channels.
- Reduce financial risks with investment and budgeting advice from experienced experts.
- Leave personal accounts and savings alone by ensuring all business funds come from within the business.
- Pay yourself a living wage.
- Get back your work-life balance by leaving the accounting to the professionals.
- Remove stress by knowing your books are in good hands.
Financial administration is one of the most stressful aspects of running a small business, particularly if you’re a startup owner or founder. Reaching profit goals is exciting, but it can be frightening when more money seems to be going out than coming in — without the right financial expertise.
KARE Accounting x CFO will thoroughly assess your expenses, incoming funds, and account ledgers. We can see exactly what’s causing growth to stagnate and help you make the right changes. A team member will work with you to cut costs, reduce debts, and channel funds into more profitable avenues.
When financially solvent, your business can grow and expand without leaving your coffers empty. However, the benefits of financial expertise go beyond short- and long-term growth.
The ability to produce detailed financial reports and ambitious projections helps you attract new partners and investors. You can hone your pitch deck with charts and reports that show exactly where you expect to be in 1 year, 5 years, and 10 years — and you’ll have the financial data to back those projections up.
Financially secure businesses can also give back to their communities, becoming integral parts of their Boston neighborhood and beyond. Show your clients that the work you do really makes a difference in the world.