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Showing posts from December, 2019

4 Ways in which CPA Firms Help Clients Grow their Business

4 Ways in which CPA Firms Help Clients Grow their Business Accurate tax returns and financial statements are both critically important, but they only describe the story of the business as it is, not where it could go in the future. What most businesses need is a combination of big-picture strategic thinking ability and comprehensive financial expertise. They want business growth options explained in an easy to understand tone, so they can make informed decisions. They want reports that are easy are to read and digest. That’s why it is crucial, with the limited time and resources available to most, if not all growing businesses, to utilize the financial expertise and planning capabilities of a CPA firm. Just like the rest of the world, CPA firms in New York , with their knowledge and skills, are helping their clients to achieve success. 1. Test Growth Options with Break-Even Analysis CPA firms help in creating budget and forecast reporting. They begin by setting