Positive cash flow is the not-so-secret sauce to a successful, sustainable business, but it’s often elusive. We can help you get there!
The keys to a positive cash flow are:
Sales pricing – You must price your products and services according to what the market will bear while considering costs and desired profit.
Cost – Controlling your cost is your next management challenge. Equipment, raw materials, supplies, and labor are major elements of a business’s cash outflow.
Cash collections, taxes and reporting – An accounts receivable strategy will help ensure that you are paid in a timely manner. From there, you must handle time- and cash-consuming taxes and associated reporting, which include everything from employment taxes, income taxes, and state registrations to the state’s newest focus for revenue, sales tax.
In addition to requiring specific knowledge, each of these three areas demands your time. If you’d rather spend time with your family and friends, work on growing your business, acquire new skills, pursue a new hobby, or do anything other than worry about cash flow and tax compliance, you’ll want to schedule a consultation with Lighthouse Accounting & Controller Services.
As your Contract Controller/CFO, we can take over many of these areas of business, freeing your time so you can pursue your passions and reducing your stress. While our skillset is diverse, we have one focus: making you and your business more successful.
Our outsourced Controller/CFO services are tailored to your unique needs, making a real difference in your business and helping it to grow and thrive.
Cash Flow: Hire a Lighthouse Contract Controller to manage and forecast your day-to-day and long-range cash flow without taking away from the time you need to focus on your business.
Business Planning: Work with a Lighthouse Contract Controller to prepare an effective business plan that will help you grow and run your business more efficiently. Together we will develop a plan that is realistic, actionable, and measurable.
Financials & Reporting: Hire a Lighthouse Contract Controller to generate the financials and reports you need as a business owner to find out if your business is really making money and learn how that translates into cash in the bank.
Advantages of Hiring a Lighthouse Contract Controller
Cash flow, accounting and tax reporting are major challenges for all businesses, but even more so for small businesses that typically lack the resources for a Chief Financial Officer (CFO) or controller. Outsourcing CFO services to a Lighthouse Contract Controller gives you access to C-level financial expertise, guidance, and oversight without having to hire a full-time CFO.
Hiring a Lighthouse Contract Controller
Professional Services – A Lighthouse Contract Controller is a CPA. CPAs are accountants who have passed a national exam and are licensing by the state. In addition, CPAs are required to take 40 hours of continuing education classes each year to maintain that license.
Personalized Services – We can meet you in your office or ours and develop a unique plan that changes and grows with you, from new a business startup to the time you need to hire a full-time controller.
Cost Savings – With an outsourced controller, your cost savings include: employee salary and benefits, office space, computer, desk, and communication equipment.
Are you content with the status quo or are you ready to run your business more efficiently and take it to the next level? Lighthouse Accounting & Controller Services is committed to making you and your business more successful. If you share this commitment, contact us today at (561) 767-7405, email firstname.lastname@example.org, or please complete the contact form.
You can count on us for professional, timely and reliable accounting & tax services. Get started now, Complete this contact form or email or call us. We are looking forward to exploring your accounting needs!