ABP is a Complete Solution for You and Your Business. We Have You Covered 360 Degrees.
Accounting and Business Partners is not your traditional business accounting services firm. We understand what it means to be a business owner and entrepreneur. We apply a 360-degree approach to each business and business owner. Why? Because when you are self employed, everything matters. One small item left unnoticed can mean big headaches, or worse, huge trouble. We believe you should not have to worry about the foundation and compliance aspects of running your business. Why chase down multiple vendors for bookkeeping, payroll, tax preparation, insurance, banking relationships, legal agreements, and retirement planning? We provide a full package of services and support from our partnership with ADP and our business partners in banking, insurance, and legal services. Why does this matter? To put it simply, you should be running your business focusing solely on sales and operations, not worrying about the “back end” of things. When you choose to work with Accounting & Business Partners, we treat your business as if it is our own. Our team is your team.
Our Business Accounting Services
Your 360 Degree Solutions
Accounting, payroll, and taxes…. you would think that this encompasses everything you need to worry about, right? Unfortunately, these are just a few select things that you have to consider when running your business. Have you thought about the types of insurance you need to obtain for yourself individually, for your actual business, and for your employees? Have you worked with a business attorney to review the legal aspects associated with your business? Have you set up a retirement plan or developed a required Employee Handbook? Are you working with the bank that has your best intentions at heart for your business? Do you have software applications that could make your business more efficient? Wow! These are just a few of the questions that we ask you to consider. This is also where an accounting firm comes into play. Again, we strive ourselves for not being a traditional and mediocre accounting firm. As your business accounting services company we know the details of small business. We have spent decades running small businesses just like yours! There is no difference between the amount of money that you ultimately make. The questions and needs throughout the journey will constantly remain the same. We will set you and your business up for long term success, guaranteed. On your personalized plan, we will list the following highlights:
Insurance
- General Liability
- Professional Liability
- Commercial Auto
- Workers Compensation
- Group or Individual Health
Banking
- Are you working with a small business and a friendly bank?
- Do you need loans, lines of credit, and merchant services offered?
Legal
- Have you looked at your legal documents or contracts and are fully able to comprehend its contents?
- Do you have a partnership agreement?
- Do you have a buy-sell agreement?
- Do you have a will that not only addresses your personal needs, but those of the business if something should happen?
Human Resources
- Do you have an application for employment?
- Do you have an Employee Handbook for new hires?
- Do you know the legal way to hire and fire staff?
- Do you know how to classify different types of workers and who qualifies for salary versus who fits under standard hourly pay?
- What benefits are you legally required to provide?
Retirement Plans
- Simple IRA
- 401k
- Solo K
- Self-directed IRA
The Last Piece of The Blueprint and
Roadmap is YOU!
Once the foundation of your business is in order, the last piece of the blueprint is you. If you took the major leap of becoming your own boss, you certainly did it for a reason. We want to know what that reason is. What are your dreams, goals, and plans not only in the present, but for the long haul? How will ABP make sure that you achieve these? When you are self-employed, there is noone to provide health care, disability, life insurance, or paid time off/sick/vacation days for you. Instead, that responsibility is yours. By partnering with us, your business is safeguarded from disruptions that cause some businesses to fail. We focus our efforts on helping you achieve your greatest success no matter what life throws your way.
A la Carte
Are you wary about the 360 approach and if it will be the best fit for you? Have no worry, we offer our services individually. If you are only in the market for tax, payroll, or bookkeeping, we have you covered! In addition, we provide incorporation services, CFO consulting, and new business start up services. Are you really just questioning what it is exactly that your business may need? We would love to talk to you. Give us a call!
Why Small
Businesses Fail
According to research done by U.S. Bank (which has also been cited on the SCORE/Counselors to America’s Small Business), the reason small businesses fail overwhelmingly include cash flow issues. This involves poor cash flow management, subpar understanding of cash flow, beginning your business with insufficient cash flow, and lack of a developed business plan. You can see the basic percentages of issues here:
● 82% – Poor cash flow management skills/poor understanding of cash flow
● 79% – Not enough cash flow at the start of your business
● 78% – Lack of a well-developed business plan, including insufficient research on the business before starting it
● 77% – Not pricing properly or failure to include all necessary items when setting prices
● 73% – Being overly optimistic about achievable sales, money required, and what needs are to be met to become successful.
● 70% – Not recognizing or blatantly ignoring what is not being done in a sufficient manner and not seeking help from those with a history of proven success
While there are a number of small businesses in a wide range of industries that perform well and are continuously profitable, 20% of small businesses will still fail in the first year, 50% go belly up after five years, and only 33% make it to 10 years or longer, according to the Small Business Administration (SBA).
● 82% – Poor cash flow management skills/poor understanding of cash flow
● 79% – Not enough cash flow at the start of your business
● 78% – Lack of a well-developed business plan, including insufficient research on the business before starting it
● 77% – Not pricing properly or failure to include all necessary items when setting prices
● 73% – Being overly optimistic about achievable sales, money required, and what needs are to be met to become successful.
● 70% – Not recognizing or blatantly ignoring what is not being done in a sufficient manner and not seeking help from those with a history of proven success
While there are a number of small businesses in a wide range of industries that perform well and are continuously profitable, 20% of small businesses will still fail in the first year, 50% go belly up after five years, and only 33% make it to 10 years or longer, according to the Small Business Administration (SBA).
Learn about our services
Why Your Business Needs Our
Complete Full Service Accounting
Tax
Tax planning and strategy is more than being able to produce a tax return each year. It includes components such as investing, retirement planning, and more.
Bookkeeping
Quality business decisions come from having quality data. Bookkeeping may honestly seem like a fairly simple process, but there is actually more to it than meets the eye.
Payroll
Our focus is to allow our clients to take care of their employees while eliminating the guesswork. At ABP, we make payroll hassle-free, saving our clients both time and energy.
ADP
We offer a turnkey solution with our partnership with ADP.
ADP is a payroll and human resources management company trusted by over 700,000 businesses across the globe.
ADP is a payroll and human resources management company trusted by over 700,000 businesses across the globe.
Testimonials
Our Client
Reviews
I highly recommend them to everyone!
Andrea and her team have been providing invaluable services to my business for the past ten years. They are prompt, detail-oriented, and keep things running smoothly. During the COVID pandemic they have gone above and beyond to help make sure that my business is financially protected and that we pursue all available financial options. I highly recommend them to everyone!
NICHOLE Z.
Avian and Animal Hospital
The best thing that I've done for my business.
Andrea and Lisa have been instrumental in my recent success. Hiring them is like the best thing that I've done for my business in the last two years. Over the course of my consulting with them I've completely revamped my books so that I have control over my P&L and they have helped me find and secure software to help me run my business more efficiently.
MATTHEW E.
Maximum Security Services, Inc.
This office is top notch.
From day one of us opening our business, Andrea has been there to help us along the way. Everything is always done correctly the first time. She even set up a meeting with us and a financial planner to help with our retirement plans. This office is top notch.
ERIN A.
Beard Brewery
CONTACT US WITH EASE Get in touch
We always love to hear from you! If you have any questions, please feel free to contact us.