A business manager does all the functions of the controller and, because the firm is smaller, he/she is involved in all other financial aspects of the business from negotiating contracts to human resources activities and of course, taking care of the accounting and bookkeeping, thereby doing many tasks that are performed by the owner.
Here are a few examples of those hidden costs: penalties and interest on late payment of taxes, missed deductions leading to a higher tax liability, late filing of tax returns leading to a higher chance of audit, decrease of apparent value of the business should it be sold, etc...
I'll transfer your Quicken data, properly set up the accounts and reports, and train your staff (or yourself) on how to correctly use the software.
I will provide you with detailed financial analysis that you can use because it's tailored to your business, it uses your historical financial numbers and answers the questions you are asking. My worksheets are clear and concise and are built to be easily read.
Many business owners operate "by the seat of their pants" which is one of the reasons why so many businesses fail. Having a professional like myself prepare a budget will pay for itself by providing you multiple benefits.
The rest of the business plan analyzes markets, competition and many other essential parts of a business. Getting help with other professionals may be required.
I will also help you design employee procedures and policies that will minimize the risks of theft.