Accounting Services Central SC – Get the ABS Edge

Accounting Services Central SC from ABS can give your small businesses an important advantage in the marketplace.

Rather than stressing out over your messy bookkeeping, you can relax. ABS Accounting can maintain your financial records so you can focus on your work.

Perhaps you didn’t know that outsourced accounting services are available. Maybe you think that you can’t afford accounting services for small business.

Regardless of why you’re hobbling along with incomplete, inadequate, and inaccurate books, you can revolutionize your business right now.

ABS provides local accounting services to Central SC and Pickens.

Learn the following reasons why it’s important for your business to have professional accounting services.

Accounting Services Central SC

According to the U.S. Small Business Administration (sba.gov), about two-thirds of businesses with employees
survive at least 2 years and about half survive at least 5 years.

This means that one-third of businesses fail after two years. After five years in operation, half of the American companies are out of business.

Poor financial management accounts for most business failures. As a matter of fact, according to SCORE, 82 percent of business failures are related to cash flow.

Already, you can see why you need ABS Accounting. So, connect with us right now.

Why do small businesses have financial issues?

Have you ever bought supplies, thinking that you had enough money, only to bounce a check?

Has anyone ever asked you if you’re making money on a particular client or project and you couldn’t answer the question?

Did you apply for a loan only to realize that you don’t know your company’s sales and profitability numbers?

After hiring an employee, did you discover that you didn’t have enough money to pay that person?

You’re not alone.

After all, according to statistics published by Viewpost, one-fifth of all small businesses don’t use accounting software.

Meanwhile, more than half operate without having access to bookkeeping services. Moreover, more than one-quarter of all small businesses attempt to track their finances with a manual, pen-and-paper system.

Even if you try to maintain adequate financial records, chances are you spend too much time doing it. What if you could use that time to focus on serving customers or producing goods and services?

Don’t do it yourself

Just imagine if, every time your car broke down, you took time off to fix it. First, you’d have to learn how to diagnose the problem.

Next, you’d need to learn how to fix the problem. This process requires trial and error. Also, you might break something as you work, causing an even bigger problem. Finally, when you’re done, you’d have to verify that you did the job right.

You couldn’t afford to take that much time away from your business. So, you take your car to a mechanic.

Why then do you distract yourself from your business, trying to keep up with bookkeeping? Instead, you can let your local accounting service do the job.

ABS Accounting has the professional and technical expertise to manage your bookkeeping. We can handle your accounts either in-house or we can collaborate with you securely via the cloud.

Here are six reasons why you need ABS Accounting today

1. Accurately record and categorize your expenses. We’ll make sure you know where your money’s being spent and how you spend it. Such information can help you analyze your business’s performance. It can also help to ensure you claim all the right deductions when tax time comes.
2. Audit protection. We wish no one ever got audited by the IRS or the South Carolina Department of Revenue. One of the best ways to prevent an audit from happening is to have accurate financial records. As a result, you don’t have to “guess” about vital statistics such as your annual sales, profits, payroll expenses, and business property.
3. Save time. Rather than trying to get a handle on your books, you could be meeting with customers, closing sales, and delivering orders. In other words, by outsourcing your accounting to ABS, you have a chance to achieve measurable ROI.
4. Beter decisionmaking. When you have near-real-time financial data, you can make wise immediate and long-term financial decisions. As a result, you can answer questions about whether you can afford to hire a new team member, buy new equipment, or expand your facility.
5. Planning. When you understand the performance of your business, you can plan for its sustainability. For instance, if your financial reports foretell a coming cash crunch, you can proactively secure financing or look for new investors.
6. ABS Accounting is local. You don’t have to worry about dealing with a sterile national accounting firm that cares little about your business. We’re located in downtown Liberty, SC, just a stone’s throw from Central. You can come to see us (we’d prefer that you make an appointment first, so we can give you adequate attention), or call us whenever you have a special request or a question.

What are you waiting for?

The accounting services Central SC that your business needs are right here, right now. Contact us to schedule a free consultation. During that time, you’ll learn more about our accounting services pricing and capabilities.

Are you new to accounting? Learn more about accounting principles.

• You can also return to our Accounting Services page.

• Before you go, be sure to check out our financial planning services page.

Finally, maybe you want to go back to the top of this accounting services Central SC page to remind yourself of the importance of good bookkeeping for your small business.