A bookkeeper is mostly data entry and organizes the data. An accountant records the past and looks back in time and a CFO looks forward in time when it comes to money. A startup needs an accountant and bookkeeper bare minimum because the accountant needs to verify the bookkeeper is organizing the data correctly for the accountant to analyze the rest of the numbers to make the monthly financials. Once the business grows past $10M in annual recurring revenue, then they can hire a full time CFO person if cashflow issues keep creeping up, scaling too fast, or want to ensure financials are more aligned with projections.

It can vary. For our services we strive to do it right the first time. In order to give you accurate pricing we need access to your accounting data for the current year and your latest tax return filed. From those two data points we can give you a custom tailored price that is affordable because you'll get an entire experienced team advocating for you to keep more of what you earn.

This is very common for many businesses. The reason this isn't enough is because bookkeeping is only one phase of accounting and finance. When done wrong, everything else suffers and your taxes and proactive decisions become difficult to tell what to do every 30 days when the books should be updated. 

You should have an open line to reach your tax expert or accountant throughout the year. It's common for business owners to only chat with them once a year and that's why so many get a suprised tax bill or are told to buy something in December last minute. It's reactive and dangerous to only worry about your money once a year.

Yes, we can help you clean up the messy books and file taxes for prior years. It can take some time depending on how complex your situation is so we ask for all documents upfront so it's faster for us to get everything ready to file because you are penalized by the IRS monthly the longer it takes.

Sometimes it can vary based upon your industry, season, and what your goals are. As a standard best practice the following is a good starting point: cash, profit margins, aging AR (accounts recievable), payroll as a percentage of revenue, reserves, etc.

Yes. Most of our work is done remotely, so we serve businesses throughout Utah, including Salt Lake County, Utah County, Davis County, Weber County, and Summit County. Whether you're in Park City, Provo, Ogden, or Layton, you get the same dedicated team, monthly reviews, and fast response times as our Salt Lake City clients.

Your common sense and gut will usually give you warning signs if the current system or person handling your money is not the right one to trust with your hard earned money. We do financial health checks aka second opinions because we noticed companies didn't have any quality controls in place when it came to who is touching their money.