It doesn’t matter if you own a small technology firm, hair salon, cleaning service, interior decorating service, or are a freelance marketing business – professional services firms and the service industry have a lot in common with their numbers. Past the number of appointments booked, timesheet entries, the common denominator is the same, hours worked = hours billed.
Because there isn’t always a price tag on a box, a sign at the counter, or a thorough project estimate and scope for every service, communicating costs in any service business can be a challenge. At EWH Small Business Accounting we work hard to be transparent in our pricing – unlike some of our competitors who simply quote you an hourly rate. We offer complimentary consultations, where you have the chance to tell us more about the financial challenges you face in your service business. We’ll review things like your cash flow, accounting, Quickbooks, and other software, and help you understand how we would provide service to your small business and the time we’ll invest – you’ll find the benefits far outweigh the costs.
Whether you bill by the hour, the service, the appointment, or work on a commission basis, there are many financial challenges facing a service-oriented business:
And, most importantly, having the cash to make payroll and covering the high overhead of your talented team – your biggest asset doesn’t show up on the balance sheet!
“I have been in business for almost 12 years and have worked with several CPA companies but EWH really tops them all. While searching for a CPA, I was looking for someone who would act as a community partner, someone to learn and understand how I work as a business owner as well as how we handle our finances. Liesel and Jon with EWH have become my trusted advisors, people that I can call and ask for financial (as well as other business related) questions and I always value their guidance and feedback. They really go above and beyond to help me out and it helps me so much to know that I have them on my side. They laugh with me, but yet they understand and validate my bad days. I’m so thankful for their partnership!”
– Healing Harmonies LLC –