Every business, small or large, faces similar challenges from an accounting standpoint. Keeping up with monthly statements, quarterly reports, and sales tax are certainly some of them. Amber Peoples is President and Owner of Atlas Services and joins host Nana to discuss how efficient bookkeeping can help you when you’re exit planning from your business.
In case of an audit make sure you keep all financial records. This includes all receipts, regardless of value, contracts, and all invoices.
Atlas integrates themselves within their clients internal finance department by using company email addresses to avoid their customers from knowing that they have outsourced.
Advantages of outsourcing your bookkeeping are: More time to provide value to your clients. Increased efficiency and focus. Risk management and accuracy. Access to a highly trained bookkeeper. Benefit from top bookkeeping systems. It gets done regardless of your schedule. And save money because you don’t have to hire an employee.
Amber has seen a lot of businesses making the mistake of just looking at their bank balance when making financial decisions. That doesn’t show you the true picture and doesn’t take into account money in transit or money that is already earmarked as outgoing.
‘We act as if we’re an honorary member of our clients team’
‘Your bank balance is just a snapshot in time’
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Hosted by Nana Bonsu of Infinite Horizons, this show aims to serve small business owners who want to grow their businesses while reducing their own personal involvement. We do this through a combination of interviews with industry leaders, and host presentations. We are certified value builder advisors and leverage a statistically proven methodology to help clients such as you scale or transition their business to the next chapter.
We care for our listeners and see their dreams as our own. We aim to foster a community that embraces freedom, generosity, and integrity. This is a show by entrepreneurs and business owners for entrepreneurs and business owners.
ABOUT THE HOST
“I am an entrepreneur and ex-Corporate Executive who’s applying his experience and knowledge from working in various ways to pursue my passion of helping small business owners increase their choices in life by leveraging my knowledge and experience, their employees, systems and money. I help small business owners transform their business and increase value through action-oriented education and implementation of strategies and tactics to make their business sellable even if they are not planning on selling. Known for establishing an environment for personal growth and development. My multicultural background equips me with the intuitive understanding of different cultures and how they impact business owners.”
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