The Right CPA For Your Business Needs

61b2b3ee0e7a9e6d13e7d57f5b8faf24There’s truly no limit to the reasons a business may seek out the assistance of a Certified Public Accountant (CPA). Sure, they’re known for handling tax concerns, but the truth is that accountants can be an integral part of any successful business, handling matters far beyond yearly tax returns. Organizations of every type and size utilize CPAs for everything from financial planning to more involved management roles within the company, and selecting the right individual or firm for the needs and demands of your particular business is not a task that should be taken lightly.

Regardless of the primary motivation for enlisting their aid, here are a few things to consider when choosing a CPA.

Look For A CPA with Experience in Assisting Businesses Like Yours

As with any important professional position, experience should play a key role in your decision of whom to work with. It’s important that any accountant you are considering not only have general accounting experience, but is also knowledgeable in the particular field or fields for which you are seeking help.

When you meet with prospective CPAs, be prepared to explain exactly what services you will require and then ask about their qualifications in those particular areas. Even the most highly skilled, frequently recommended individual may not be the right fit for your particular needs, so it’s important to ensure that both parties are fully aware of how the relationship will work and the responsibilities that will be placed on the accountant who is eventually hired.

Be Sure To Fully Understand The Business Relationship

To ensure that you are setting both your business and your new accountant Utah up for success, it’s vital to understand exactly how the professional relationship will be handled. Before making your final choice, be sure you know the answers to each of these questions.

Are you hiring an individual or a firm?

– One is not necessarily better than the other, but it’s important that you recognize whether your accounting and/or consulting will be undertaken by one person or by a group of individuals. Independent accountants can sometimes offer more personal service, but may become overwhelmed during busier times of year like the tax season. Meanwhile, larger accounting firms may have more resources at their disposal but may not be able to offer the one-on-one interaction you’re looking for. However, every situation is different so be sure to find out what type of service you can expect.

Who will be doing the actual work?

– Is the person you’re meeting with during the initial interview process the same person who you’ll be interacting with if you decide to hire that particular firm? It’s important to speak directly with the individual who will be handling your affairs to ensure you’ll be able to easily work together moving forward.

How will future meetings and communications be handled?

– The logistical details of hiring an outside firm or individual are an important consideration. Be sure to establish the preferred method of communication between your business and your accountant and discuss what type of meetings will need to take place and when they might be scheduled.

What are the fees and what is included?

– Obviously you’ll want to clearly establish and understand the billing procedure of any perspective CPA. Smaller firms or individuals tend to be less expensive, but it’s important to consider what is and is not included in their suite of services to determine if they’ll be able to offer everything you need at their quoted price.

Don’t Hesitate To Interview Multiple Accountants

It may be tempting to simply hire the first candidate who seems qualified to do the job, but a certain amount of perspective can be an essential tool when choosing the best accountant for your particular business. At times, the only way to fully appreciate the differences between the offerings of various CPAs is to compare them to what other

individuals or firms can provide. You should interview between three and five CPAs before making your final decision. This extra bit of diligence, along with the guidelines outlined above, will help ensure a lasting and mutually beneficial relationship.

A Certified Public Accountant (CPA) is the professional helping hand to help you with efficient business cash management. You can expect every account to be accurate and witness an increase in your business earnings by hiring the services of a CPA.

Learn from the following discussion about the role of a CPA in business cash management:

Analysis of Existing Financial Situation

A CPA begins his work by analyzing the current financial situation of the business. For this, he will use the financial statements and budget information to establish information about total debt to equity ratio, net profit on sales, inventory turnovers, current inventory and existing liabilities. This further enables him to assess the current cash management policies of your business and changes that are required to be introduced.

Cash Forecasting

Cash forecasting is an important procedure that every business should carry out. This involves the evaluation of daily, monthly, annual, as well as seasonal cash patterns and trends. Short term forecasts are as important as medium term and long term forecasts. A CPA helps you with precise cash forecasting by using the best software tools available in the industry.

Improvement in Budget

Preparing a good business budget is highly critical for cash management. You may have a budget plan in hand, but it might not be effective enough to take care of things like cash flow management, cash outflow control, cash investment, and so on. A CPA uses his industry experience to improve the budget of your company.

Cash Flow Anticipation and Enhancement

A CPA analyzes the cash flow sources for your business operations. He makes sure that your business never runs out of cash by assisting in cash flow enhancement. The CPA you hire will also help you maintain the balance between cash inflow and outflow so that you always have enough cash for emergency situations.

Cash flow enhancement includes improvement in billing and collection procedures and schedules. Preparation of right discount policies is also important to let the business maintain good relations with its customers without letting the cash flow ebb.

Control on Cash Disbursement

A CPA prepares different plans to ensurethat the cash is disbursed in an efficient manner and no cash loss occurs in the process. This involves controlling the cash outflow by scheduling the business payments in the best possible manner. For example, a CPA helps you to schedule the time and amount for your debt payments so that your business budget is not affected by it. This also helps you maintain a good reputation for your business in the market.

The CPA also helps in evaluating the purchasing policies of the business. It is important that you have the most cost-effective purchasing policies for your business. It requires you to deal with the vendors that have the most favorable terms to offer supplies at the right prices to your business. All this can be done by implementing the expertise and suggestions of a CPA.

Making Right Cash Investments

An important aspect of cash management that is often ignored by the business houses is investing the cash which is currently not in use. You must choose the right investment vehicles to ensure that your cash grows and helps your business maintain a steady cash flow.

At the same time, you must be aware of the tax consequences of business cash investments. A CPA helps the business by suggesting the most suitable investment plans that lets your business dollars expand. The CPA also helps manage tax consequences so that your business has to face minimum tax liabilities.

Financial Reporting

Preparation of regular financial reports and an annual financial report at the end of every financial year helps a business learn about its profits and losses on a short-term and long-term basis. A CPA hired to take care of cash management shoulders the responsibility of preparing precise financial reports. You can expect your business cash handling to become efficient with the help of accurate financial reporting.

As you can see, a CPA offers great help to a business owner to help the latter manage business cash. An effective cash management system can be established and integrated with the business machinery so that the most important business asset offers best advantages to your company. For all this to happen, make sure that you hire a reputed and expert CPA. Consider the recommendations of other business owners to explore your options.

Buy a Heat Trace in 2017

Many of the Corp B2C Blog readers will be purchasing a heat trace in 2017. The reason that they will be procuring this particular form of heating technology is that they wish to prevent the freezing of their water pipes in the cold winter months. Many pipes are improperly insulated or heated and as such when the temperature drops below a certain level the contents of the pipe are liable to freeze. This can be problematic because when water freezes it actually expands. This expansion can then surpass the ability of the pipe to contain its contents. This in turn causes the pipe to burst and then leak.

Buy a Heat Trace Before It Is Too Late

Corp B2C Blog readers would be well advised to purchase this type of heating technology before the temperature drops below the point where water will freeze inside improperly insulated or heated pipes. Many times this happens in rooms that have been added on to original construction in the older neighborhoods in cities. Often times this situation occurs when non professional builders construct do it yourself projects. Whether this is because the people performing the work do not know what they are doing or whether this is because the people performing the work are cutting corners is up to the Corp B2C Blog reader to decide.

What can be said about this particular form of heating technology that has not already been said? The simple answer to this question is that there is not much more to say. Pipes freeze in the winter and should be protected using this type of heating technology in order to avoid a costly plumbing bill. The cost of this repair is not the only issue, the hassle of not having a functional appliance is also something to worry about.

The Glory of the Cartridge Heater

According to Wikipedia a cartridge heater is,

… a tube-shaped, heavy-duty, industrial Joule heating element used in the process heating industry, usually custom manufactured to a specific watt density, based on its intended application. Compact designs are capable of reaching a watt density of up to 50W/cm²

The Many Applications of the Cartridge Heater

The Wikipedia article goes on to say that this particular type of heater can be used for many different applications including (1) Seal Bars, (2) Torpedo Heaters for injection molding, (3) Injection molding manifolds, (4) Mass Spectrometry, (5) Rubber molding, (6) Seal Bars, (7) Food production, (8) Immersion Tank heating, (9) HVAC Compressors, (10) Fuel Cells, (11) Semiconductors, (12) Medical Devices, (13) Sensor measurement devices, (14) Extrusion, (15) Die Casting, (16) Hot melt adhesives, (17) Heat Staking / Hole Punch, (18) Plastic welding, and last but not least (19) Fluid heating.

The loyal readers of the Corp B2C Blog are probably not as familiar with this type of heater or its many distinct applications. All of this is of no matter. Who (for example) knows what a seal bar is? Moreover, who has ever heard of a Torpedo Heater used for injection molding? I know for a fact that not a single Corp B2c Blog reader has ever heard of injection molding manifolds. How do I know this you may ask? I know this because there are no readers of the Corp B2C Blog.

As it turns out the Corp B2C Blog is written specifically for web bots, crawlers and spiders. Because of this it is not so important that this article be crafted to convey specific information even though it does in a limited capacity. No, the importance of this piece is that it attract the eye of the web bot. To do this it must adhere to specific rules of search engine optimization. Typically, these rules require the piece to be at least three hundred words long, contain the key word twice and also contain to links to the web site whose content it is the intention of this piece to optimize.

SEO Park City Helps Businesses Succeed

Any business with an online presence requires SEO Park City to succeed. And this pretty much means any business at all because a business without a robust online presence in this day and age is probably not a business that will ultimately achieve success. This is true because the first thing any potential customer will do when looking for the particular product or service that the business happens to provide is to perform a search engine search. It goes without saying that a business without an online presence will not appear in the search engine listings. Moreover, a business without a robust online presence will not appear high up in the listings without proper search engine optimization.

Why SEO Park City?

Now it is a perfectly appropriate question to ask why this advice is limited only to those businesses located in Park City, Utah. The answer to this perfectly appropriate question is that this advice is most certainly not limited to those business who just so happen to be located within the city limits of Park City. Given this newly acquired knowledge the next most appropriate question to arise in the mind of the Corp B2C blog reader would probably be something along the lines of why then would we be so specific as to locate the SEO services with the city of Park City. The answer of course to this question is that Park City is a microcosm of the macrocosm.

When we at the Corp B2C blog use the term “microcosm of the macrocosm” it should be pretty obvious what the idea is that we are trying to articulate. What we mean by this is that Park City actually represents by extension all other cities. Another reason we use Park City as opposed to referencing a generic city is obviously for key word purposes.

Why YOU Need IT Support Austin

It is high time we write a blog post answering the question as to why the reader of the Corp B2C blog needs IT Support Austin. It is high time we answer this question because this has been the most frequent question we receive in our mail room bar none. We receive this question in written letters but also in the comments to our other blog posts. Interestingly, this question appears in comments for blog posts that are entirely unrelated to this subject. We have no explanation as to why that might be the case. Never the less we shall endeavor to answer the question notwithstanding.

IT Support Austin

First of all, what is IT support and why would a reader of the Corp B2C blog specifically need this in Austin, Texas of all places? In a nut shell, IT support is the process by which a third party administrator takes over all the IT functionality of a company (typically a small business) so as to free up their time and resources to devote to the purpose for which the business was created in the first place. The reason why the Corp B2C blog reader would need this in Austin, Texas is because Austin, Texas is essentially the every city, USA.

In other words what goes down in Austin, Texas probably goes down in pretty much every other American city from the Atlantic seaboard to the Pacific seaboard. All companies expend resources on their IT functionality. The question is, does a company want to perform this function on their own or do they want to outsource this function to another company that can probably do a better job? Most reasonable companies conclude that it is a better decision to outsource this function because it very often represents a significant cost savings in the long term.

Holiday Travel

The holiday season is quite possibly the most traveled time period of the entire year. Of course some parts of the country experience more traffic than others. For example, the North East Corridor extending from the Washington D. C metro area up through Maryland, Delaware, South East Pennsylvania, New Jersey, the New York City area, Connecticut and Massachusetts into the Boston region probably experiences the most traffic in the entire nation. By contrast the highways around Casper Wyoming or Bismarck North Dakota probably experience much less traffic relatively speaking.

Given all this traffic it becomes especially important to drive safely. Nothing can ruin the joyous spirit of the Holidays more than an accident and a visit to the collision repair Salt Lake City shop. For this reason it is very important to maintain a heightened state of vigilance while engaging in holiday travel whether you happen to be traveling in the North East Corridor or the Salt Lake City area of Utah. In order to maintain a heightened state of vigilance it is highly important to get enough sleep and of course to avoid drinking alcoholic beverages or engaging in drug use prior to getting on the road. This of course includes any prescription drugs that may impair your ability to operate a motor vehicle.

It is the considered opinion of the editorial staff of the Corp B2C blog that traveling is a traditional part of the holiday season. Accordingly, there is probably not any way to avoid taking part in this ritual for a large segment of the American population. For this reason, it is important that everyone taking part in this ritual do their best to drive as safely as possible so as to avoid ending up in a collision repair Salt Lake City when they should be sitting around the dinner table.

Happy Holidays from all of us at the Corp B2C Blog!

Why I Cannot Drink the Kool Aid

When I was a boy my parents joined that cult that Jim Jones started in the jungles of Guyana. It was called “The People’s Temple” and if you know anything about it you will also know that it did not end very well. I do not want to get into specifics but the phrase “drink the Kool-Aid” is derived from the events that transpired down there in 1978. Suffice to say my family and I were among the fortunate few who survived those horrible events. Although I was very young when this all happened I retained a dark memory, more like a certain sense of dread associated with what transpired.

Ever since I have remained very skeptical of organized religion and certainly cults of all kind. It is for this reason that I issued forth an emphatic “No!” when a friend of mine asked me to join Scentsy. She pleaded with me. She tried to explain to me that Scentsy was not in any way a cult and that it was only a multi level marketing operation. But to me the whole thing felt like a cult and given my family’s history in South America I did not want any part of it.

But still my friend persisted. Anytime we met for coffee she would ask me to join Scentsy. In the evenings she would call me ostensibly to chat but invariably the conversation would turn to Scentsy. I began to feel uncomfortable around her and took precautions to avoid running into her. But that is a difficult thing to do when you live in a small town where everyone knows each other. Part of me wants to tell her the reason why I can never do the thing she asks me to do. But another part of me knows that I cannot divulge my deep and dark past.

A Primer on Tote Heaters

Let us speak of Tote Heaters and speak of them boldly. First of all, what exactly is a “Tote Heater” and what is its function? This is a very good question and certainly one that must be answered before we progress one word further in this article.

Simply put, a Tote Heater is a product that provides a consistent level of heat for a container such as an industrial drum and at the same time allows it to be transported from one location to another. Obviously, the drum would have to be of a size that allowed it to be transported in a tote. Otherwise a larger sized heating device would definitely be required.

It is well known that most chemicals and industrial supplies have very stringent storage and temperature requirements. For example, cold temperatures can be particularly problematic. This is true because if one was to store chemicals or other industrial supplies in large totes, it would be very difficult to find an effective heating solution. So the question presents itself, just how does one keep an IBC or tote tank, that has been filled to the brim with chemicals, at optimal temperatures required? Obviously one would need a top of the line product that emits a safe and consistent heat. This would ensure the totes are stored at optimal temperatures. A standard tote heater should be able to fit a two hundred and seventy-five gallon, three hundred and thirty gallon, and a three hundred fifty gallon tote. A business offering this type of product would offer a custom process such that they would manufacture heaters to fit any tote. They must be easy to install to allow the heaters to save the customer both time, money, as well as hassle by preserving the customer’s most sensitive of products.

Diversification of Income to Protect Against Outsourcing

Any loyal reader of the Corp B2C blog has likely become very familiar with the prospect of being outsourced. This is a true statement because the Corp B2C blog has (for better or worse) become the industry thought leader for anyone who has an interest in the nexus between corporate structures and technology. Outsourcing IT support Austin is simply a matter of fact in today’s corporate technology environment. Long gone are the days when a man could support his family on his salary alone and at the same time remain relatively confident that his position would remain secure until retirement.

With all this in mind it is no wonder why the readers of the Corp B2C blog have taken steps to protect themselves from this potential situation. One way in which they have done this is to cultivate multiple sources of income. By developing multiple income streams the readers of the Corp B2C blog will have an insurance policy against losing their income due to their position being outsourced to an IT support Austin business. From this position he or she can breathe a little easier knowing that he or she can count on these other sources of income whilst finding a replacement for the income lost.

In this modern economy there can be no one hundred percent protection against being outsourced. The best way to avoid this outcome is to become a self employed entrepreneur. Even this position, however, relies on a customer base. As such, in that situation it is a best practice to cultivate a wide base. This is similar to developing multiple income streams to protect against the loss of any particular one.

In the final analysis the readers of the Corp B2C blog all know well that in order to protect themselves they must diversify their income streams.

Preparation for the ASVAB

The loyal readers of the Corp B2C blog are well aware that before a candidate for enlistment in the U. S. Armed Services actually enters the U. S. Armed Services they must sit for the Armed Services Vocational Aptitude Battery or ASVAB test. This is true regardless of whether the candidate for enlistment chooses to join the U. S. Army, the U. S. Navy, the U. S. Air Force, the U. S. Marines Corps, the U. S. Coast Guard or the U. S. National Guard. Moreover the best way for a candidate for enlistment to prepare for the ASVAB test is to take multiple versions of the ASVAB practice test.

By taking multiple versions of the ASVAB practice test, the candidate for enlistment in the U. S. Armed Service will achieve two important goals. The first goal that the candidate will achieve is that the candidate for enlistment will become more familiar with the test format of the Armed Services Vocational Aptitude Battery. The second goal that the candidate will achieve is that the candidate will learn which subject areas covered by the ASVAB require additional study in order to achieve a passing grade.

The purpose of the Armed Services Vocational Aptitude Battery is two fold. The first purpose of the ASVAB is to determine whether the candidate is qualified to enlist in the U. S. Armed Services. The second purpose of the ASVAB is to determine which profession in the U. S. Armed Services best fits the candidate for enlistment’s particular skill set.

A career in the U. S. Armed services can be an exciting and rewarding life choice for many people. This is true because the armed services provides a wide variety of experiences and leadership opportunities that the candidate might not otherwise be exposed to under normal circumstances.