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    • Home
    • About Us
    • Personal Taxes
      • 1040 Income Tax Return
      • Schedule A
      • Schedule D
    • Business Taxes
      • Crypto Taxes
      • Limited Liability Company
      • 1065 Partnership Return
      • 1120 S Corporation Return
      • 990 Non Profit Tax Return
      • Real Estate Investment
    • Specialty Taxes
      • Death Tax Return Process
      • 1041 Bankruptcy Taxes
    • Pricing

Signed in as:

filler@godaddy.com

  • Home
  • About Us
  • Personal Taxes
    • 1040 Income Tax Return
    • Schedule A
    • Schedule D
  • Business Taxes
    • Crypto Taxes
    • Limited Liability Company
    • 1065 Partnership Return
    • 1120 S Corporation Return
    • 990 Non Profit Tax Return
    • Real Estate Investment
  • Specialty Taxes
    • Death Tax Return Process
    • 1041 Bankruptcy Taxes
  • Pricing

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Business Advisory. What is it?

The dream of owning your own a small business is a common one. I mean who would not want to be their own boss?  


Calling all the shots. No one telling you what to do.  You get to come to work whenever you want.  Leave whenever you want. 


Sounds like heaven.  

That sounds like a beautiful dream. Now let's talk reality.

My top five challenges for running a small business.

  1. Lack of good help or any help.
  2. Long days and sleepless nights.  No time for self.
  3. Having the will to overcome obstacles that you could not even imagine
  4. Inadequate internal business financial operating systems.
  5. Lack of access to various types of cash flow.


So why would anyone start a business?  I don't have the answer to that question.  In fact, this is the one question that must be truthfully answered by every small business owner. Especially if he or she wants to grow their business.


So what is financial business advisory?

  1. We come along side a business owner to do a series of assessments of the financial management systems that are currently in place.  Most businesses have a method of collecting payments or they would be in business.

What is a financial system designed to achieve?

A financial management system is more than just payments.  It is a written set of policies and procedures created and used by the business to systemize internal and external processes to maintain and grow the business. When we design a system here are some areas we explore.

Cash Management

Internal Controls

Cash Management

  1. Billings
  2. Collections
  3. Vendor Payables


Budgeting

Internal Controls

Cash Management

  1. Staffing
  2. Purchasing
  3. Marketing 

Internal Controls

Internal Controls

Internal Controls

  1. Segregation of duties
  2. Background checks
  3. Daily Company Logs


Taxes

Financial Management System

Internal Controls

  1. Reporting
  2. Compliance
  3. Payments


Human Resources

Financial Management System

Financial Management System

  1. Proper Staffing
  2. Specialized Training
  3. Position Descriptions

Financial Management System

Financial Management System

Financial Management System

  1. Accounting Software
  2. Accurate Reporting
  3. Financial Forecasting

How are we able to deliver results? Two Words!

Strategic

We are QBO Pro Advisors the accounting platform forms the foundation of our financial management system.  Financial software that integrates with 100's of apps this allows a seamless experience,

Partnering

ADP Accountant Connect Program.  This partnership allows us to come along side our clients to help them design a program that fits their business needs from, payroll, to human resources to benefits.

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We love our customers, so feel free to visit during normal business hours.

The Tax Lady Plus

(301) 246-8813

Hours

Mon

11:00 am – 08:00 pm

Tue

11:00 am – 08:00 pm

Wed

11:00 am – 08:00 pm

Thu

11:00 am – 08:00 pm

Fri

11:00 am – 08:00 pm

Sat

12:00 pm – 08:00 pm

Sun

Closed

The Tax Lady Plus

14404 Old Mill Road #201, Office "B", Upper Marlboro MD 20772

(301) 246-8813

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