As a small business owner, understanding your finances is crucial for success. However, managing your bookkeeping and taxes can quickly become overwhelming, distracting you from your zone of genius. That’s where building a strong money team comes in—allowing you to save time, reduce stress, and make better financial decisions with peace of mind.

In this post, we’ll explore how assembling a money team can help your business thrive and why it’s often a smarter choice than trying to do it alone.

Key Players in Your Money Team

1. Bookkeeper 

A professional bookkeeper doesn’t just record numbers—they actively analyze your financial data, challenge your assumptions, and provide insights that help you make informed business decisions. With accurate bookkeeping as the foundation, the rest of your financial team can do their jobs effectively—whether it’s a tax advisor, CFO, or financial planner.

When your books are in order, you avoid costly mistakes like overpaying in taxes, missing critical financial planning opportunities, or making poor business decisions based on incomplete or inaccurate data. Solid bookkeeping is the cornerstone that ensures the entire financial strategy runs smoothly.

2. Financial Advisor 

A financial advisor helps align your personal financial goals with your business growth. They focus on long-term planning, including retirement and wealth management.

3. CPA (Certified Public Accountant) 

Your CPA handles tax planning and filing. They ensure you’re compliant with tax laws and help optimize your tax strategy.

4. CFO (Chief Financial Officer) 

A CFO is a crucial team member who provides strategic guidance, helping you manage today’s numbers and plan for the future.

They go beyond basic reporting to analyze your financial data, evaluate trends, and re-forecast when conditions change (AKA life happens!)

By leveraging their insights, a CFO helps you make informed decisions that support long-term growth and sustainability. They work closely with your bookkeeper and other financial professionals to ensure that every aspect of your financials are aligned.

With accurate, up-to-date bookkeeping as the foundation, a CFO can help you create detailed forecasts, optimize cash flow, reduce unnecessary expenses, and develop a comprehensive financial plan that allows you to make confident decisions about your business’s future.

Build Your Team with Kickstart Accounting, Inc.

At Kickstart Accounting, Inc., we offer a range of services to support your financial needs and keep your business on track. This allows you to save time, enjoy peace of mind, and focus on the visionary work you love!

3 Ways We Support Business Owners

1. Bookkeeping Services 

We provide tiered bookkeeping services designed to fit businesses of different sizes and stages. Our team handles all your financial transactions, reconciliations, and reporting, ensuring you have accurate and timely information to guide your decisions, save you time, and keep you compliant with the IRS!

2. Tax Preparation and Filing 

Our sister company, KSA Tax Partners, handles your tax needs with expertise and care. Our tax preparation and filing services ensure you comply with all tax regulations while optimizing your tax strategy to save money.

3. CFO Services 

For businesses that need higher-level support, we offer CFO services. Our experienced team uses a proven framework to analyze financial data, set long-term goals, and provide actionable insights to help you keep your business financially healthy and growing.

3 Key Financial Metrics to Track (Besides Revenue!)

When reviewing financial reports, a small business owner should focus on these key areas:

1. Net Income: This is your profitability. Aim for at least 15% after paying yourself (for S-corps).

2. Expenses: Analyze your top expenses. Do they align with your business goals?

3. True Cash Balance: Look at trends over time. Are you maintaining healthy cash reserves?

Remember, the goal isn’t to judge but to learn from your numbers. With confidence and support, you will use your numbers to make informed decisions and grow your business strategically.

What’s Next?

Building a strong money team takes time but is a crucial investment in your business’s future. Start where you are, and gradually add team members as your business grows and your needs evolve.

Ready to take the next step in your financial journey and build your dream team? Download our free resources and book a call with our friendly, judgment-free team!

Let’s build a money team that works for you and your business. Book your call today!

---