FOLLOW "Still Playing with the Bush Tax Cuts" HERE


Accounting ó Your Management Controls

Would you ever drive your car blindfolded? Obviously, not!

Nonetheless, every day millions of business owners drive their businesses without knowing their financial locations: where they have been, where they are, and where they are going. That sure sounds blindfolded to us.

As your profit and growth expert, our primary role is to ensure that you have the historical data that will tell you where you have been and where you currently are. With that information we can provide a professional consultation that will help you determine where you want to go while creating an action plan that will help you get there.

With this 360 degree view of your business, you can plan effectively and then track your progress against your goals. It will also help you anticipate obstacles so that, when encountered, you can easily maneuver around them rather than allowing them to slow you down.

With our help you canít go wrong.

You want an accounting system that gives you peace of mind and more profits with less work. Weíre guessing that you also want to reduce taxes, improve cash flow, and manage your business more profitably.

Thatís what we do best! Work with us and choose which of the following systems you would prefer:

1. Receive training to use a system exclusively designed for your business, OR
2. Have us completely manage the custom-designed system at an affordable cost

What Can We Do for Your Business

Wholesale / Retail / Service
Have complete control systems for Accounts Receivable, Accounts Payable, and Inventory.

TV / Automotive / Furniture
Properly account for Contracts in Transit, Bank Reserve Accounts, and Flooring of products for resale (inventory financing). Maintain control of income and expenses.

Manufacturing
Control Raw Materials, Direct Labor, Work in Progress, and Finished Goods. Keep expenses categorized into Manufacturing and General Overhead areas.

Construction
Easily track profits or losses on each job in progress. Control cash flow based on percentages of completion. Minimize losses from under-billings created through change orders.

Professional
Control expenses and income for year-end savings. Take advantage of conversion from cash-to-accrual accounting. Manage Accounts Receivable and improve Collections.

Food / Cafe / Beauty
Utilize a combination of Cash and Accrual statements. Have a low-cost, low-maintenance accounting system.

Enjoy an accounting system designed specifically for your business that shows where you stand at all times. Simplify the books that maintain it all:

  • Cash Receipts
  • Deposits
  • Charge Accounts
  • Credit Purchases
  • Cash Purchases
  • Bank Reconciliation
  • Depreciation
  • Adjusting Entries
  • Inventory Control
  • Reconciliations
  • Income Statements
  • Balance Sheets
  • Individual Accounts Receivable Records
  • Individual Accounts Payable Records
  • Payroll Journal
  • Individual Payroll Records
  • Property, Plant and Equipment Records

Incredible Benefits You Will Enjoy

Your accounting system will be tailored to your business. You can do it, I can do it, or we can do it together.

Your bookkeeping/accounting costs will be substantially reduced.

Your personnel will be free to produce more profits for you.

We can help you acquire funding for your business through financing, investors, and other means.

You will receive properly-designed financial statements that will allow you to manage your business efficiently and help you to better plan for the future.

Choose from hand-posted or computerized programs specifically tailored to meet your accounting needs.

Streamline the accounting task, and free up your valuable time. [Consider this: the average small business owner spends over 10 hours personally, each month, accounting for the business. If your average billing rate is $50 per hour, you may be spending more than $500 per month of your time.]

How Would You Describe Your Business?

  • Steady and stable
  • Growing fast
  • Hanging in there
  • Brand new

If your business is steady and stable, or growing fast, then congratulations! But IT IS POSSIBLE for your business to improve, and generate more profits!

If youíre just hanging in there, you can turn things around . . . FAST!

If your business is brand new, donít make the expensive mistakes that can be the difference between success and failure!

No matter which of these groups describes your business, you can benefit from these small business services that can save you both time and money!

 

Being In the Black

universal-business-modelBeing in the black can mean a lot of different things. For most business owners, it means being profitable. When a business owner sets out on a new venture, establishing a profitable business is one, if not the only, driver. Unfortunately, too many entrepreneurs get lost in the day-to-day tasks of running the business and forget their main purpose.

As your accounting professional and Profit and Growth Expert we apply The Universal Business Model to help maximize the profitability of your business. Each month we apply our financial expertise, combined with access to a variety of analytical tools, to assess your businessís financial position and progress.

wisdom-pyramidWith our help you can improve your businessís financial position using  The Wisdom Pyramid.  Hereís a short list of what you will accomplish:

  • Know how your business stacks up against the competition using the professional business assessment we provide.
  • Recognize your businessís strengths and weaknesses, and use that awareness to improve your profitability.  Consider this a Day with your CFO.
  • Identify trends that expose what is both helping and hindering to your business.
  • Take advantage of tax benefits through regular reviews of your tax position.

By gathering the necessary information through the bookkeeping and accounting process, we will analyze the data and help you make the changes required to improve your businessís profitability. Whether you need a financial audit or review, we can help move your business forward.

 

 

Content provided by: Universal Accounting Center


Formerly Known as Dependable Payroll Tax Service or DP Tax Service

Serving the greater Middletown CT and Norwich CT Areas.

DP Tax Service

DP Tax & Accounting LLC                                                                              

DP Tax & Accounting, LLC on LinkedIn

Madeleine Carroll - Author - The Dead Cattle Ranch Mystery
D&M Computers Inc