-- In a recent discussion, Pauline Ho, founder of Laus Consulting Services in Orlando, explained how small business owners can get far more benefit from working closely with a professional accountant.
For more information please visit https://lausconsult.com
Ho acknowledged that many entrepreneurs struggle to manage daily operations while also trying to stay on top of financial management. “Bringing in a qualified accountant can make a major difference. It not only improves financial oversight but also positions a business for long-term growth,” she said.
One of the biggest advantages of relying on a dedicated accountant is the establishment of a structured bookkeeping system tailored to the business. According to Ho, a strong financial system evolves as a business grows, and having one professional overseeing it provides consistency, accuracy, and clarity over time.
A long-term relationship with an accountant also allows business owners to gain insight into areas that may be affecting performance. Ho explained that a knowledgeable accountant can take a step back and provide an objective view of the company’s finances—an essential advantage when trying to stabilize cash flow or identify issues that may be hindering scalability.
Once challenges are identified, business owners can work with their accountant to create strategic action plans aimed at strengthening the company’s financial health.
Frequent financial reporting is another benefit of partnering with a professional accountant. “Regular reporting offers a clear picture of how the business is performing month by month,” Ho said. These updates can be scheduled as often as needed—sometimes monthly or bi-weekly at first—and later reduced to quarterly reviews as the financial foundation becomes more stable.
Tax planning is another critical area where expertise is essential. Ho noted that as businesses expand, tax obligations often become more complex. “A qualified accountant will understand the changing tax rules and can ensure the business is taking of legitimate benefits while staying compliant,” she said.
Ho also cautioned that many small business owners wait until they face a tax issue before seeking professional help, often resulting in costly penalties. She emphasized that proactive planning is the best approach to preventing problems and reducing stress during tax season.
Ho concluded that a strong working relationship with a knowledgeable accountant can empower entrepreneurs to make smarter decisions, strengthen their financial systems, and build a foundation for ongoing growth.
Source: http://RecommendedExperts.biz
Contact Info:
Name: Pauline Ho
Email: Send Email
Organization: Laus Consulting Services LLC
Address: 879 Outer Rd B, Orlando, FL 32814
Phone: 407-401-9768
Website: https://lausconsult.com
Release ID: 89178177
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