Accounting Solutions
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AFB Business Solutions provides a full assessment of your accounting and finance needs and requirements through a three point check up. We can work with you to:
- Set up your accounting and financial reporting software;
- Put in place effective financial controls to help you manage your business and money effectively;
- Provide effective budgeting and planning tools for marking out a clear path for your business and for putting you in the driver's seat.
- "Accounting is a joke with business having no money, but they aren't laughing."
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Among the features you receive with QuickBooks are:
- A full-featured and flexible chart of accounts for easily tracking your revenue, expenses, and Balance Sheet
accounts;
- Customizable reports;
- Process FedEx and UPS shipments directly through QuickBooks;
- Set pricing and determine discounts by customer or job.
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Your Accounting System
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Read my published articles on business financial management issues and challenges at www.biznik.com
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We accept all major credit cards
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Do you have control over your money? How well are you managing it? Do you know your float and day to day cash? How are you financing your capital assets? What is the status of your working capital?
It is one thing to have a top notch accounting system. However, unless you have sound processes in place in your business, your money may quickly slip through your fingers. Managing your business means having control over your revenue stream, assets, liabilities, expenses, and working capital. It also means being able to measure each of these items against a specific standard or objective to determine your business performance. Such measurements require effective tools.
There are several issues you must consider for managing your business:
- Processes - What events occur in your business and when do they occur? For example, what happens before and
after you make a sale? Each even will cost you money. To determine the cost of each event, you will need to identify what it is and how it fits into your business process.
- Accounting and Financial Practices - To manage your money takes more than an accounting system. You will
need to build practices around it and other systems in your business for managing efficiently and keeping your costs down and to know where you are financially.
- Communications - Do your employees, customers, and vendors know how you do business? Do they understand
your business policies. It is important to communicate how you do business to everyone who has a vested interest in your business. How are you currently using your communication tools for conveying to others how you are conducting business?
- Strategy and Goal Setting - Have you established a business strategy? Are you following it for insuring your
success? Business strategy is critically important for making sure that you stay on track in reaching your business goals.
- Return on Investment - When you make a business decision, are you calculating the cost of that decision? How?
How do you know if that decision fits into your overall plan and if it will return a good investment for you? There are always costs associated with your business decisions. These costs are part of your investment. To insure that they lend to a return, you need the proper tools for calculating them.
AFB Business Solutions can help you in sizing up your business performance for keeping you on track toward your business goals.
What to know more? Call today for an initial free consultation. (408) 531-1617. Or e-mail us at info@afbbusinesssolutions. com.
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Your Business Management
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A wise man once wrote, "For which of you, wanting to build a tower (or business) doesn't first sit down and calculate the cost to see if he has enough to complete it." - Jesus
It cost money to manage a business and be successful at it. The key to success is being able to calculate that cost and be forward looking in doing so. Such an endeavor requires the proper tools and resources. A builder has his tool kit or tool belt and can pull out the right tool at the right moment for applying it to the task at hand. The tool of the trade for business management include planning and budgeting tools. Before you put numbers to paper and prepare a budget, you need to identify several key factors for taking your business toward the future. These key factors include determining where you are currently and where you want to go. Once you can identify these, then you can map out how you will get there. For performing such mapping, you need mapping instruments.
AFB Business Solutions has the mapping instruments you need for planning out your business for the coming fiscal year. Call for a free initial consultation at (408) 531-1617 or e-mail us at info@afbbusinesssolutions.com.
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Your Planning and Budgeting
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AFB Business Solutions - Bringing Successful Strategic Solutions to Business Growth E-mail: info@afbbusinesssolutions.com Phone: (408) 531-1617
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