Bookkeeping and Full-Cycle Accounting
Depending on the needs of your business, we can get involved with the day-to-day detail of cash flows, transactions, reconciling balance sheet accounts, preparing and posting journal entries, compiling the general ledger and general financial statements.
Business Plan and Model
We can help you figure out your financing needs to start a new business or build upon your existing business. Whether you’re applying for a business loan or soliciting money from investors, your business plan and model must be translucent to your lender in order for them to have confidence and trust in your new venture.
Financial Forecasting and Projections
Even as a small business owner, you will benefit from accurate forecasting. We can help you forecast quarterly or five years out. The premise is still the same. Project. Plan. Measure. Without these tools in place, you may not be prepared to deliver on your goods or underutilize your staff. In either case, you will lose money.
Organizational and Operational Review
In order to make money, you first need to make sure it is properly managed. With the help of Lightbody Accounting Services, you will have a clear understanding of what it takes to profitably run your business. We will develop policies and procedures specific to your business with checks and balances in place to prevent any misappropriating of money.
Implementation of Product and Job Costing
It is essential to setup a system to ensure your product or service is priced appropriately. Otherwise, you may find out you’re not making any money or worst yet – losing money on the sale. It’s not enough to compare pricing against competitors. All your costs need to be factored in to realize profits. After all, you’re in business to make money, not lose it.
Automation and Training
With little direction, we can implement software that will automatically generate a comprehensible picture of your financials. Plus, we will train your staff how to use the program so you can have accessible reports whenever you need them.
