Accounting Support Services

Our expert business managers can provide you with clear and concise financial reports, including profit and loss statements, balance sheets, and retained earnings.

We’ll clean up your books and share the information in a way that’s easy to understand, so you can make informed decisions about your business. Our comprehensive summaries will break down complex financial data into simple terms to better help you track your progress and identify areas for improvement.

Bonus: You’ll always know what your business is worth!

what we do

Need help making sense of your business finances?

our services

Cash flow organization & analysis

Transparency & Education

Ensuring you know all the money coming in and out of your business is important to us. Being transparent and providing education to you supports this.

Accounts Receivable

These are what customers, contractors, and vendors owe you.

Accounts Payable

These are all the bills/expenses you have to pay whether weekly, monthly, quarterly or yearly.

Budgeting & Costs

Saving money wherever you can is a game changer for any business as it instantly increases profitability.

why Keeping debts and assets organized is important

Staying on top of your debts and assets is crucial for a small masonry company. It helps you track your finances, make informed decisions, and ensure your business is financially healthy. A well-organized system can help you:

Avoid financial surprises: Keep track of your debts and when they’re due.
Maximize tax benefits: Understand how your assets and debts can impact your taxes.
Make informed business decisions: Use your financial data to make strategic choices.

Debt organization & Management

01. Invest vs scale back

Understanding your debt is crucial—it helps you know when you can invest more during growth or when to scale back if times are tough.

02. Knowing When to Borrow

It’s important to borrow money only for things that will either increase your revenue, like new projects, or improve efficiency, allowing you to complete more work in less time.

Asset organization & Management

01. Asset Lifespan

Knowing how long these assets will last can help you plan ahead for replacements. This way, you won’t be surprised by unexpected costs.

02. Depreciation The asset

Buying new tools and equipment can also help you save on taxes. It’s like getting a reward for investing in your masonry business!

Organizing your business and personal accounts

Setting up separate savings accounts can help you stay organized and prepared for unexpected expenses in the masonry industry. For example, you can create an “Insurance” account and save a portion of your monthly income to cover insurance costs.

Many banks offer free savings accounts with automatic transfers. This makes it easy to set aside money each month.

If you need to save a larger amount, consider a high-interest savings account. These accounts can help your money grow while you’re saving for big expenses like new equipment or a down payment on a property.

become successful & wealthy

Treating your personal finances like a business is a smart move.

Do you know where your money is going? Track your income and expenses, just like you would for your business.
Are you carrying too much debt? Review your loans and credit cards to see where you can cut back.
Are you spending impulsively? Be mindful of small purchases that can add up over time.
By managing your personal finances like a pro, you’ll be better equipped to grow your masonry business.

Paying yourself as the business owner

How to Pay Yourself: Payroll vs. Distributions

Figuring out how much to pay yourself and whether to use payroll or distributions can be tricky.

With payroll, taxes are automatically deducted from your paycheck, so you don’t have to worry as much about tax season.
Distributions don’t have taxes taken out, so you need to plan for this by setting aside money in a separate savings account.
A good approach is to use both. Pay yourself a regular salary through payroll to cover your living expenses and a bit more. Then, take distributions from your business profits as needed, making sure to set aside enough for taxes.

Let us help

Getting organized starts with a conversation

It might be a task you ignore or don’t like to do but it needs to be done. We will help you get organized and with your debts and assets and education you along the way.