If you run a small business, it’s vital to have your finances in order. When it comes time to hire a CPA to help with key activities such as bookkeeping, tax preparation, tax liability estimation and other important business accounting services, you want to work with someone who can handle your small business needs and has the experience to get the job done right.
Why to Outsource Your CFO Services
Many small businesses will hire a CPA to provide outsourced CFO services. It’s like having an experienced CFO on staff without paying the six-figure salary. You receive the benefits of a CFO overseeing your accounting, tax preparation and financial needs at a fraction of the cost it requires to hire a high-level executive. It’s a fantastic solution for small business owners. Ferguson, Timar & Company’s outsourced CFO services (or a “virtual CFO”) can help you get the most out of your business finances.
What to Look For in an Outsourced CFO
When looking for a CPA, entrepreneurs should think about the services they will need help with. Tax preparation is one of those vital services you’ll most likely require. Business taxes can be complex and tax codes change every year. You need someone who is up-to-date on tax regulations and can provide experienced insight into your situation. Taxes need to be at the forefront all year round, not just when returns are due in the spring. Ferguson, Timar & Company can help you estimate your tax liabilities and explore options long before you file your returns. That way, there are no surprises when it’s time to file.
Above all else, you want to work with a CPA that you can trust with your small business’s financial health. Ferguson, Timar & Company specializes in working with small business owners to provide outsourced CFO services, accounting and tax preparation. We take a personal approach to customer service and use our specialized knowledge and years of expertise to help you make the most of your business opportunities.