Top 15 Small Business and Startup Accounting Tips

Top 15 Small Business and Startup Accounting Tips

Many of Crescent’s friends know us as a Technology firm that specializes in ERP implementations and upgrades. We have an entire practice dedicated to Accounting, CPA services, Bookkeeping, Payroll, and tax in support of clients who have found that to “in-house” “back office” work is not a productive use of their company’s resources.

Over time, we have identified this list of items as the key components of a “minimum” bookkeeping strategy. We’ve also discovered that a lot of folks who are concerned with growing their business just don’t have the time–on top of sales and service–to get bogged down by this administrative work. This is exactly why Crescent provides “Crescent CPA” services. What our team can do as a matter of process, leveraging technology and our team’s expertise in leading practices and accounting principles, often require our small-business clients to hire a full-time employee (or two or three) at high-multiples compared to what we can offer as part of a scalable solution. We can be your bookkeeper; we can be your CFO.

We are able to use the same process consulting and accounting expertise we provide to our billion dollar clients to help our emerging clients grow.

The first five:

  • Separate personal and business cash flows
  • Get bookkeeping software and an accountant (Helllooo!)
  • Develop a budget
  • Keep accurate business records
  • Choose an accounting method

As you look through this list, consider how much time you would need to spend on these items; we can help you.

Read the Full List here.

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