Frequently Asked Questions
How can accounting help me make money?
Simply, accounting tells you if you are making money. If you create a profit and loss statement each month, you can ascert your position quickly. If you are losing money, you can make changes in your operations, such as increasing prices or reducing expenses, to correct the situation long before the year’s end and ensure that your overall year will still be profitable.
Can’t I just write checks, make deposits, and file taxes?
If you don’t do any accounting, then that’s probably all you’re doing—making deposits, writing checks, and paying taxes, but not making any profit! Even in a very small business you need to be in control of your expenses. This doesn’t just mean having the money, it means knowing what portion of your revenue gets spent for what purposes. What percentage of revenue do you spend on marketing each month? What about labor? What about supplies? If you don’t track and control these expenditures, you are not managing your business—you are just blindly hoping there might someday be a profit.
Why should I use the bookkeeping services at ATS Consulting?
Let a professional do a professional’s job. If you are like most owners/managers, you take full pride in the services or products your company provides. You want to focus your time and energy on business strategy and goals. Bringing your documents to a dedicated, highly skilled professional services firm allows you to do exactly that. By working with ATS Consulting, you’ll save valuable time in your day, reduce operating costs, and gain peace of mind.
How can having an accounting done aside help me manage my business?
Your company will no longer have to endure the hiring process and lose valuable time and money training bookkeepers or controllers. Or, if you have been doing the bookkeeping yourself, you can finally free up your time to focus on things more important to you and your business. You’ll be able to make informed decisions based on more than just your cash balance at the bank.
ATS Consulting gives your company accurate financial data so you can determine what customers and/or products are the most successful. You can concentrate more time on the more profitable aspects of your company. This capability allows a business owner to become truly savvy in investing energy and resources in the right places. You can do the tasks that are most important to your company’s well being.
Won’t I lose control if the books are done by an outside service?
No. You will actually now have more control since you will have improved financials at your fingertips and have more time and money to plan instead of simply reacting to business events.
How do I find out more?
Contact us. We welcome the opportunity to speak with you, answer all your questions, and work out all the details of how ATS Consulting can help you. If it looks like we have the right solution, then try our service and start feeling better about the numbers in your business.