Whether you are starting a new business or simply planning to expand your existing business, it is essential to know the financial resources that are available to you. A commercial banking officer will provide information on applying for a business loan. Topics include securing business financing, considerations in granting credit and federal and state guarantee programs. Contact your local County Chamber of Commerce to schedule an appointment. A professional CPA can help set up systems for daily bookkeeping and for the control of cash and handling of funds.
Some accountants build their entire practice around small businesses.
Several accountants should be interviewed and their experience and references checked before deciding on one. Fees should be negotiated in advance. A banker can help you with more than the traditional checking or savings account, and bank loans. They also offer computerized accounting services, investment and trust management, profit-sharing, and pension packages, etc. A bank should be chosen that will provide all the services that your business will need to grow.