According to the U.S. Small Business Administration, half of all new small businesses fail within the first five years, and financial mismanagement is the number one cause of failure.
That’s why you need to be aware of the critical role bookkeeping plays in successful businesses.
Bookkeeping refers mainly to the record-keeping aspects of accounting for the transactions and financial activities of a business. When your “books” are properly done, you’ll know when to pay the IRS (and how much), when and how much to pay yourself, more easily manage and organize your expenses, have real-time information about profit at your fingertips, and much more.
Initialize Biz will set you up with QuickBooks™ software and create a plan that fits your needs, teach you the basics, and provide up to five hours of support (which you can use in increments).
Ask us about our bookkeeping services
Optional: Our experienced staff can manage your bookkeeping for you, so you have more time to focus on building your business and operations.
Other Financial Services
Whether you have 1 employee or 25, an effective payroll process is vital. We can help you make sure you don’t miss out on any possible tax exemptions, or end up having to pay costly year-end fees if you make mistakes. Our custom payroll options include tracking vacation and sick days.
Accounts payable and receivable
Initialize Biz can help you keep your finance records up-to-date so you can make better business decisions. Sitting down with your CPA at tax time can cost less and be virtually stress-free when your books are in order.
Our full suite of services includes:
Call now (845) 445-6070 to speak to one of our experts or request a call back.