10.28.05Bow
 
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Today is February 05, 2012.

Bow Financial
1628 Union Valley Road
West Milford, N.J. 07480

Phone 973-696-2343
Fax 973-696-2443
 
 
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Get help by a tax lawyer starting now.

 

Money Making Section
 

Leave your books to us...

Tax and accounting services by appointment, mail or phone!

Our services include tax advice, planning and preparation

  1. Send Out Customer Statements on time so you can get paid on time.
  2. Never lose track of a customer's invoice.
  3. Know exactly who's behind in paying you, so you can follow up and get paid now.
  4. Never make another sale to a customer who isn't paying their bills.
  5. Never risk losing a customer because you didn't record their payments properly, or on time.
  6. Accurately calculate interest and collect it from overdue accounts.
  7. Reduce the need to borrow, due to poor cash flow.
  8. Don't lose sales because you're out of stock on items.
  9. Avoid rush delivery charges to obtain out-of-state items.
  10. Don't waste money buying more of what isn't selling.
  11. Set your selling prices based on profit instead of guessing.
  12. Concentrate on selling the most profitable items instead of the easy ones.
  13. Identify profitable cross-selling opportunities.
  14. Don't sell a product at a loss because you didn't take markdowns on time.
  15. Know what product lines to expand because they're money-makers, and what ones to drop because they're money-losers.
  16. Find out if you have a theft problem before it's too late.
  17. Never pay a bill twice by mistake.
  18. Never lose a discount by paying a vendor late.
  19. Plan for your payment due dates and reduce the need to borrow.
  20. Maintain your good credit rating and keep your borrowing costs low.
  21. Obtain better credit terms based on your good payment history.
  22. Know how much payroll and sales taxes you owe, so you can avoid penalties and interest.
  23. Never write a bad check by mistake.
  24. Never pay another bad check service charge.
  25. Make sure all your cash receipts are credited to your account.
  26. Know when you have excess cash so you can put it to work.
  27. Keep track of all of your expenses in detail, so you know which ones can be cut back.
  28. Never overspend a budget.
  29. Get the maximum possible tax deduction for the expenses of running your business.
  30. Learn how much profit you've made and what your business is worth each month, so you: know when it's the right time to grow know when it's the right time to hold back plan accurately for taxes save hundreds to thousands of dollars on your yearend tax return comply with the reporting requirements of any business loan can immediately respond to any supplier's or customers request for financial information.
  31. Figure your profit on a cash or accrual basis so that you pay the lowest taxes.
  32. If you keep track of revenues and costs by job or project (contractors, landlords, attorneys, etc.); know on an ongoing basis which products are profitable and which ones aren't get paid on time as you complete the job avoid working on projects where progress payments are behind.
  33. If you manufacture or assemble products (machine shops, bakeries, clothing makers, etc.);
    • know what it costs to make each item.
    • set a selling price to cover your costs and achieve a fair profit
    • know what product lines to expand because they're profitable
    • know what product lines to drop because they're money-losers



This is why you need to call now...

In today's day and age, information is power. With The Bookkeeping Companies small business service, you'll receive valuable information to improve your cash flow, control your operations, and reduce your taxes. It will be prepared accurately, based on all the proper accounting rules and procedures. Plus, our bookkeepers will take the time to explain what each of the numbers means, and how you can use them to run your business more profitably.

There's a gold mine of profit-building information in these financial numbers, if you have them at your fingertips and you know how to use them. Give me a call today for a free consultation. There is absolutely no obligation of any kind. and we are confident that it will be well worth your time!

Isn't it time your business reached its full potential?

 

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