Business planning can and should be a logical and straight process. A business plan is identical to a road map that gives you the opportunity to think systematically about the future. It lets you determine in advance where you want to get to, and helps you to select the best route. Imagine going on a vacation from San Jose to Florida and you only have twelve days to reach your final destination. A road map, will provide you with the plan on the different routes, the exits the stops for food and gas and the speed you have to take to reach your destination on time. Using that same example, a business plan will set the financial goals that you wish to accomplish in a year and the different strategies and operations that need to be carried out to achieve those annual goals.   A good business plan anticipates opportunities as well as problems: it helps establish strategies to take advantage of the opportunities, and avoid problems as much as possible. When used to secure a loan or to get approval from upper management, the plan provides a way to communicate your financial and operational strategies to others. .   A working business plan encourages you to experiment with different alternatives to find out, with a minimum of effort and aggravation whether a particular strategy is likely to succeed before actually trying it out. Without planning, any business is a victim of fate. In fact, most businesses fail not because of competition, but because of poor business decisions and poor planning. .   In creating the business plan, fist you have to decide what type of business venture you want and need; second, you must determine if the planned venture is feasible, and how closely it will satisfy your objectives; and third, you must understand the mechanics of your operation. Finally, you must be prepared to monitor performance once the venture is underway.    Although planning is essential for business success, it is not sufficient by itself. Also needed is a viable business opportunity, management skills, and the entrepreneurial drive to make things happen. Without a good business opportunity, you are wasting your time no matter how carefully you have planned. Without management skills to make the plan work, the best plans will go awry. Without entrepreneurial drive, nothing will happen because nobody will make it happen. .  Once you decide on the major direction of your venture, the business plan will serve the functions of feasibility assessment, plan of action and communication. Feasibility assessment will tell you if the venture will work. The plan of action lays out the strategy as the series of activities needed to get things organized and running. Finally, it is essential to communicate your strategy and goals, both internally and externally. Internally means letting others within the organization know what the big picture is, what they are supposed to do, and how their tasks relate to what everybody else is doing. Externally means letting bankers, investors and anyone else who might be interested know that the operation has been carefully planned, and is under control. .  A Business Plan consists of two main sections. The first section is the written part of the plan, and describes the overall activities of the firm, its position within the marketplace, the important components of the operation, and the purpose of the loan or investment. The second section contains the financial data and is essentially a quantification of the written portion of the plan. Finally, documents that support the information presented in either the written or the financial portions of the plan are added as appendices. .  This Blog / Article is contributed by the Northern California Minority Business Development Agency which is funded by MBDA of the U. S. Department of Commerce.

Tips for Auto Body Repair Estimates  Preparing an auto repair estimates are not a cakewalk – in fact it is like walking barefoot on ice. Hence an auto repair estimator has to be very much cautious while preparing an estimate. Once a damaged vehicle is brought to you, you should provide with the most honest, fair and accurate estimate of how much the repair costs will be. It requires that you should l inspect the vehicle and give an estimate that includes parts and labor, plus the likely turnaround time for repairs.  To ensure the highest quality repair, estimates are to be based on original manufacturer replacement parts, unless otherwise requested. To minimize the amount of time the vehicle is with you, an accurate estimate is essential because it allows the repairer us to order and receive all necessary parts before the repairs begin.  As an Estimator you should remember that your estimate is not a guaranteed price and there may be further damage found during repairs that will affect the final cost.  Auto Repair Estimates are called different things including, damage report, damage estimate, auto estimate or several other names, but they are all the basically the same thing. However, a damage estimate is more than just a sheet of paper listing the total cost of repair on it. An estimate is a contract or an agreement between two people. Just like with real estate, the owner and buyer must agree on a price and sign a contract of their agreement before going further, here is also a damage estimate, which is the same way in many ways, as there should be an agreement between the shop and customer and the customer should sign the agreement to authorize the shop to repair the vehicle.   One thing that you need to explain to the customer, who is misunderstood many times, is that the total amount is just an estimate. Auto repair estimates do not guarantee the exact amount of the final invoice. There may be hidden damage or many other factors that may change before the car is completed. As an estimator, it's your job to have excellent communications with the customer. You need to let them know that an estimate is subject to hidden damage. You must also understand that the estimate or signed agreement is only good for items that are written on the estimate. If any additional work is needed, you will need to contact the customer and agree on the new amount. This is called a supplement, which may include additional parts.  For preparation of an estimate you should be in a position to know the various departments, which need to work for bringing back the damaged vehicle to its earlier state.  Body Repair – this department removes all of the necessary trim, door handles, mirrors, bumpers, moldings (basically anything that needs to be removed for paint access). They will then hammer the dents straight and apply body filler followed by a block sanding to restore the damaged area to the original shape.  Preparation Department – the prep/paint department will apply necessary primers to the body filler, followed by necessary sanding to prepare the panel for painting. They will then mask off the area to prevent over spray to the rest of the vehicle.  Painter – The painter does exactly what you might expect, sprays the color over the panel and blends it out which is followed by a clear coat for protection. After drying it is back to the body repair department to reassemble any trim that was previously removed.  Cleanup / Detail – Any reputable shop will then pass it on to the detailing department that will hopefully have your vehicle as clean as you’ve ever seen it prior to pickup.  Follow the sequence: All estimating guides and computer systems are set up with the same sequence. Starting with the front bumper covering and ending with the back bumper. This is important to know, as you want to write the estimate in the same order to write a clean sheet. For example, if you are writing an estimate on a car that has damage in the front end, start with the front bumper and move towards the back of the car one part at a time. Bumper covers, front grill, right front fender, etc. Now when you use the guide it will be easy to follow along adding the prices and labor times.  This Blog / Article has been contributed by Mr. Zabi Mohammadi who is successful business owner running an Ariana Auto Body shop located in Newark, Califorina, severing to the Bay area community from last 28 years.  

Selling a franchise business is different than selling a regular (non-franchise) business. In a regular business, all the terms and conditions of transferring business ownership will be decided by the buyer and seller. However, in the case of a franchise business, the franchise agreement will state in concise language the terms and conditions for the sale of the business or transferring of the ownership, besides the seller terms and conditions. In few cases, some franchise agreements may not be clear or omit this language or forbid the sale altogether. In which case, as a broker, you have to advise and guide the seller and buyer to seek a franchise attorney who can help you with executing the sale.  Each franchise business sale has terms and conditions and these terms and conditions will-vary from franchise-to-franchise. Some differences in terms and conditions can include: time frame on closing, approval, training, pre qualification of the buyers, transfer fee, prerequisites, experience, training fee, etc. As a listing broker, you should have the franchisor prerequisites in hand to provide to the buyer.   These prerequisites will help the buyer understand the nature of the transfer of the business and requirements to acquire the business. Before listing the business for sale and before preparing the marketing material, gather as much franchise information from the seller and discuss with the seller the franchise requirements, time frame, and other important material for change of ownership.   Then read the franchise agreements for the sale and transfer of the business and make note of pertinent points concerning transfer of business. Please read all attached addendum's and attachments. It’s important to read the addendum's / attachments because sometimes the critical point(s) can be overlooked. Contact the franchisor sales department and find out if there are any new and recent added clauses and ask them to send you a list of franchisor prerequisites to qualify the buyer. Follow all necessary steps included in the franchise agreement to prepare the marketing material of your listed franchise business for sale to a third party, and verify the business operator’s rights with the franchisor to avoid potential misunderstanding.  As soon as you receive the offer from the other broker, or your client, and once the offer has been approved by the seller, provide or disclose all enduring and transferable contractual obligation to the buyer and buyer’s agent. Provide them with sufficient time to read and understand the nature of the transfer for the business.   Once the buyer completed their due diligence and satisfied with the business financial statements, lease, and other business documents, forward the contract to the franchisor for their approval and include all necessary documents such as buyer’s credit report, proof of the funds, financial statements, loan approval documents, business experience and other franchisor require documents. The time frame for franchisor initial approval is varying in nature. However, if you provide all their requisites they will normally reply within 2 to 4 weeks.   Once the franchisor approves the buyer initial application, the franchisor will call the buyer/buyers for the personal interview and the franchisor will provide the Franchise Disclosure Documents (FDD) or Uniform Franchise Offering Circular to read and understand the Franchise Agreement. Understanding the Franchise Agreement is very important and it can be complex. Although, as a broker, you have experience with understanding agreements, it’s best for all parties that you advise the buyer to hire an experienced attorney who can explain to the buyer the operator rights, franchisor rights and other business and other contractual obligations. Once the buyer has read and approves the franchise agreements terms and conditions, the franchisor approves the buyer as a new operator or franchisee. Your major hurdle of the-transaction has been completed. The time frame to complete this step will take anywhere between 2-6 months.  Once approval process is completed then you can follow the general procedure to close the escrow to transfer the ownership of the business besides following and completing all parities instructions.  Each franchise business sale is varying from franchise to franchise, please verify with seller and franchisor for the transfer of ownership and follow them.    Contact: Krishna Gajjala: Broker Platinum Realty And Mortgage 510-818-9728 DRE 01507698  This Blog / Article has been contributed by Mr. Krishna Gajjala, who is an experienced broker, working in Platinum Realty and Mortgage, practicing both commercial real estate and business brokerage, rendering his services allover the California. Graduated from the American School of Mortgage Banking, worked in the United Central Bank in the Small Business Administrative Loans Division (SBA Financing), Farmers Insurance under the commercial and general liability insurance sector. 

Every body knows that owning and operating a Burger King franchise is a very profitable for whom are looking a long term cash flow, but the prospects has to the how to run the business profitably. Not differing with other franchise businesses, the Burger King franchise also give a promised financial independence and growth, however in order to avail that independence and growth you will have to work on task.   Many peoples do not aware what works for the Burger King Restaurant and what does not works to run the business profitably? But if you are smart enough, look where you need to focus for the profitability, apply your extra efforts on your business that leaves more positive cash flow.  The Burger King Franchise has great name and huge reputations in the market and thinks that it makes the money to make money. In realty as a franchise or operator of the Burger King you will be expected to pay for a big brand and question is why should I pay money to the Brand? The reason why the franchisee (Operator) pays the franchisor is that the franchisor makes the branding and that brand brings the clients to your facility to do business with you and what you have to do is fulfill the clients needs. Besides following the franchisor guidelines apply your personal skills to the business and you will be rewarded better than the others. For example if the company is offering coupons or discounts or promotions on special days or special events etc participate in the company promotions and what ever the goods you are selling at discounted price told by the Burger King franchiser even though you are decreasing the profit margin which is a only transit as those will be reimbursed by the Franchisor.  Another key is a management of the employees. Most of the operators are to unable to plan a head on the work force which leads a stressful days on and off. To avoid these, hire a good manager, hire the more part time employees, and trained them properly and if need take help from the franchisor regarding the proper training of employees. The more you are interested to learn about the work force management, the better your business will function.   And finally last but not least is the local marketing. Even though Burger King Franchisor does their corporate marketing on nation wide, as the business owner you have to do your own local marketing. Join in local associations and local bodies; send out the flyers, participate in local functions and celebrations and all these will adds an extra benefit to your business.   Be positive; create your own long-term goal and work on that and be disciplined and punctual on your set goals. After reading this you now have a better idea of what is involved and what works to run a Burger King franchise.   Author Profile:  This article published to respect the recognition Ms. Hansa Chhaddva, who is a owner and operator for the Burger Kings Franchise in south bay area. She joined in the fast food industry in early nineties as customer service in the Jack In The Box later promoted as Manager for the several location. After successful completion she bought few locations in San Jose city and successfully operating all locations. Her stores was recognized as high volume store.

In the market, there are so many hair salons, beauty parlors and other beauty related businesses, but being a boss of your business, you will be permitted to offer unique services and products along with regular. The unique service is very important to you that, and you think there is market for you.   Create a Safe and Clean Environment   The movement the customer enters the salon to till the exit they should be presented with a safe, clean, nice and relaxing environment. Majority of the customers will expect cleanliness. All ways practice that the floors are swiped in between customers and all other material such as towels, cloths, clips, trimmers and other equipments should be cleaned or washed and make available a fresh to the new customer.   Salon Lounge  Most of the times the customers, as soon as enters want to sit in the lounge and have a chat with other patron with being served. Make use of the time, by providing a friendly atmosphere, chat with customer, let the customer enjoys the food and watches your salon products whom does going to buy more products than what they thought.   Salon Customer Satisfaction  The success of your salon business is in you hands i.e. your ability, your customer services, and your work to satisfy the customers. There are no short cuts and by passes, and have the customer leave happily on each visit and every visit, weather customer is him or her. The word of mouth is one of the painless marketing message will be extremely effective and increase the number of customers.   More services  The greatest advantages of more than one service offering, always more convenient to the customer and your salon has been given the top priority than others, some times people are drove longer distance to receive your services as the client can schedule several services in one visit than several times and visiting different places. If you offer hair, nail, threading, selling of beauty products, facial and other beauty services, the customers feel this is one stop shop for their needs.   Make use of Space  Leveraging the space is also one key factor to increase your cash flow and business turn over. If you have an add space not using any other allow or rent to other business such as a tables or booth etc. This brings the additional cash flow to your business also your drive way will become busy.   There is no single way to successes and success is a blend of all. If you are smart, enthusiastic and energetic, you can do wonders as the sky is a limit.  This article published in recognition to Ms. Sherry Dong, who was worked in the barbering business. Ms. Sherry was born and raised in the Chicago, moved to San Francisco in sixties, got a bachelors degree in Business Financing from UC Davis. Later she was trained and certified in the cosmetology form Los Angeles. She started her Carrier in the Mission district of San Francisco and served for the bay area peoples for 35year. 

 After practicing this profession for so many years, I forget not everyone understands the how escrow transaction on given business transaction runs to get a final check. Very commonly one of the concerns reading why we are getting delayed to close the transaction and to get a check, and one of the reason is delay of clearance from the State Board of Equalization. It is the seller’s responsibility to provide all the documents with advance payment in the form of cashier check. Some time the State Board may audit the store sales, in that case all parties have to wait patiently to get a clearance from the state board of equalization. I am just briefing my experience and knowledge to the readers how the State Board of Equalization requirements works.   State Board of Equalization:  The Board of Equalization will require that you file a Final Return as of your out-of-business date. This usually cannot be done until you have transferred possession of your business over to the Buyer. During the escrow period, the Seller must pay and file all returns with cash or cashiers check on or before their due dates at the local office. The return should include sales for the portion of the month or quarter since your previous return was filed and should also declare the sale of the fixtures and equipment of the business (line 2). The tax on the fixtures and equipment is often reimbursed to the Seller by the Buyer in escrow. If this is a condition to your sale, the tax will be collected in escrow and may be paid directly to the District Office after close.  If possession of the business is not being delivered to the Buyer prior to close, then your Escrow Officer may request an amount to hold in escrow after closing until tax clearance is issued. The Seller may not file a File Return until such time as he is no longer operating the business; therefore, Seller and Buyer must agree on an adequate amount for the Escrow Agent to hold after close, from the amounts due to Seller, until they are in receipt of clearance. Buyer and Seller must keep in mind, when determining an adequate amount that the Seller’s final return is subject to an audit by the Board and the Seller may owe more than he anticipates, depending on the outcome of such an audit.  In addition to the above, the Board may send you a letter requesting that the Seller provide them with your out-of-date business date, a forwarding address, and your sales tax permit and possibly other information to complete their files. Once the above is provided, the Board will review the fillings, decide if the account is to be audited, and if the account is clear and no audit is ordered, they will proceed and issue a clearance. Any bonds and / or deposits held by the Board will be refunded to the Seller separately, once the account is clear. This usually takes about 4-6 weeks.  If the Seller does not have a sales tax permit and was not required to have the resale permit for the operation of this business, the Buyer may request that the Seller provide the Buyer with a Warranty to that effect in lieu of the Clearance requirement.  Department of Employment Development Department The Seller’s final DE-3 form through his out-of-business date must be filed with the District Office; along with the W-2 forms for the year and the DE-45 recap form. Any taxes due must be paid by Cashier’s Check.  If the Seller has not had employees during the operation of business, the State will issue a Release once the Seller goes to their District Office and signs a form to that effect. The Buyer may instead have you sign a Warranty to the Buyer in lieu of the Clearance requirement.  My all of escrow experience and thoughts are sharing with readers to make some idea on what’s going on with SBE. It is neither intended to be nor does it to constitute as a legal or financial advice. Please verify with appropriate authorities and responsible persons who are involving in the transactions.  Buyer and seller to make, business license and name, early possession, insurance coverage, lease, Business account, Escrow, Alcoholic Beverages Control, Federal Identification Number, Employment Development Department, Resale Permit, City & County.  Contributed By Ms. Beverly A Howe. Ms. Beverly A Howe working as Escrow Assistant / Accounting Manager in the Bay Area Escrow Services. Graduate in Accounting and Financing from Las Positas Community College, Livermore, California. Started carrier in the White-stone Books Inc, and moved to Financial Title Company as Escrow assistance and finally joined in the Bay Area Escrow Services. She have hands on experience in the Bulk Sale, Escrow coordination, Accounting, Notary singing, recording, publication, UCC filing, and all other title & bulk sale escrow procedures

BUYER STARTING PROCEDURE  PRIOR T0 POSSESSION OF BUSINESS  1. Bank Account:  Open up a Business Checking Account in the Business Name. NOTE: Many banks require you to file and publish a Fictitious Business Name Statement prior to opening an account. You may do this at the County Clerks Office in the County Seat where your business is located.  2. PG&E: Seller and Buyer should give order to change ACCOUNT and DATE that the meter is to be read. They may require Buyer to make deposit. 3. SBC/ A T&T:  If Buyer wishes a new telephone number; Buyer must place the order least five days prior to the required date of installation. They may also require Buyer to make a deposit. NOTE: lf the Buyer intends to keep the same telephone number, he must recognize that he may be required to sign a “Supersede Agreement” which may make him liable for any obligations incurred by the seller prior to the date of transfer. Buyer may also be liable for any current unpaid billings for Yellow Page advertising.  4. City Business License/ Permit:  If the business is located within city’s limits, then Buyer must go to the City Hall and obtain a Business License. NOTE; some cities require a current permit: from the Health Department for establishment in its jurisdiction. 5. Water Company:  Buyer and Seller should call the Water Company and arrange for a meter reading and Buyer may be required to pay a deposit.  6. Garbage Services:  Buyer should call the Garbage Company and arrange for service. 7. Resale Permit: Buyer should go to the District Office of the State Board of Equalization and open an account. NOTE: A deposit will also be required from the Buyer.  8. Federal Identification Number:  Buyer should obtain this number for business. He should contact the Internal Revenue Service or ask his accountant/bookkeeper to apply the same for him.  9. Employment Development Department: If the Buyer plans on having employees, then he must also open an account the Employment Development Department for his employee’s State Withholding Income Taxes and State Disability payments.  10. Insurance:  Buyer will need Fire, Liability, Workman’s Compensation, etc. insurance coverage. He probably should first discuss the current coverage the Seller has with the Seller’s insurance agent as he is familiar with the particular business. Buyer should than contact a second insurance agent for a comparable premium cost, etc. Insurance coverage is usually required by the landlord per the terms of your lease agreement. Please refer to your lease for its requirements. 11. Alcoholic Beverages Control License:  If business has such a license, then Buyer must obtain a “Pre-Application Package” from the appropriate district office of the “ABC”. Your Escrow Agent can assist you with the completion of some of the forms.  12. Special License Apply and secure any special licenses which may be required for your particular business, i.e. State Licensing Board of Dry Cleaners, Cosmetology, etc. 13. Other license. Some business requires, local and specified licenses. Please verify with appropriate requirements based on the area and nature of the business and location of the business.   Therefore, it is likely to take possession of the business before escrow closes. To accomplish an early possession the Buyer must obtain all licenses and permits, a lease assignment, a loan if any, insurance, and must deposit 100% of funds required to close the deal into escrow. The funds can be in the form of cash and note. Of course the Seller must agree to give the Buyer early possession. At the time possession date has been established, utility companies are contacted to transfer utilities from Seller’s Name into Buyer’s Name. Contact the telephone company for a “Request for Supersedure” which allows the buyer to retain the same phone number. Buyer and Seller both must sign.  Contributed By Ms. Beverly A Howe, Escrow Assistance, Bay Area Escrow Services, San Ramon, California.  Ms. Beverly A Howe working as Escrow Assistant / Accounting Manager in the Bay Area Escrow Services. Graduate in Accounting and Financing from Las Positas Community College, Livermore, California. Started carrier in the White-stone Books Inc, and moved to Financial Title Company as Escrow assistance and finally joined in the Bay Area Escrow Services. She have hands on experience in the Bulk Sale, Escrow coordination, Accounting, Notary singing, recording, publication, UCC filing, and all other title & bulk sale escrow procedures.

TIPS FOR YOUR ESCROW The following are the tips that every buyer and seller should know in preparing for a trouble-free escrow process. 1. Select a licensed Real Estate or Business Broker to represent you.  2. Choose an Independent Escrow provider - You have a choice. Remember only independent escrow providers licensed by the California Department of Corporations are 100% neutral third parties. Their only concern is to monitor the real estate and business sale transaction and safeguard trust account funds. Independent Escrow providers are specialists whose sole purpose is providing escrow. Escrow is their only business.  3. Sellers: Eliminate surprises - If you have judgments against your property and business assets, licenses and don't say anything to anyone, you should know that a search of public records is automatic, and will reveal any liens. If you don't let your broker or escrow officer know about potential problems in advance, your escrow will most definitely be delayed.  4. Buyers: Eliminate surprises - If you have questionable credit, tell your broker or mortgage lender. They know the steps you need to take to clean up your credit. Every lender will require a credit report. Many borrowers go through a pre-qualification process before looking for a business today. If you are pre-qualified, you know how much of a loan you can obtain and therefore how much you can spend on your new business.  5. Be responsive - The escrow officer may periodically contact you requesting pertinent information. There is always a good reason for the request. Just ask the escrow officer if they need more details, and then get them the information they need as soon as you can. Remember nothing happens until the escrow is closed. Don't think, "If I don't respond, maybe they'll forget about it."  6. Be prompt - You will be required to meet with an escrow officer when it is time to sign the loan documents. If you are not on time, the officer will take the next appointment and you may be the one waiting. Remember signing documents is at least a 20-minute affair. Be sure to thoroughly review your loan, instructions and other business documents before coming in to sign. All persons taking title will need to sign the loan documents. 7. Insurance - Make sure you have addressed your insurance needs. Select an insurance agent and inform your escrow officer in advance. Talk with your agent to determine your insurance needs. You must have a Fire, Business Liability Insurance. You may also want have a worker’s compensation policy. Your lender will require the name and address of your insurance agent. Be sure to have this information well in advance of the escrow close. Sometimes the Landlord’s want minimum amount of the liability insurance and Landlord should be additional insured on the policy. 8. Walk-through - Make sure you have completed all walk-through inspections and other contingencies such as termite inspection, buyer due diligence, sales verification, financial docs verification, appraisal reports, lease copies, license and permits reports, indemnity agreements and other business associated, and any required city, county, and special permits. Many things can delay the close. Be informed and prepared.  9. Documents - To expedite the escrow closing, bring the following items with you to your appointment: • Buyers & Sellers - Drivers license or passport (photo ID) • Buyers Only - The name and address of your insurance agent • Sellers only - If your home is a condominium, make sure you call your escrow officer with the name and phone number of the HOA management company.  Therefore in most of the transactions related to real estate and business many people are involved. In order to ensure to run the things smoothly there should a communication and cooperation between all of these entities. For encouraging this cooperation you should give a quick response to anything asked and must have a positive outlook. Ensure that you’re not one of them as many things can hold up an escrow.  This article is published “In Thanks” to work done by Anna Luce, who is highly trained and experienced escrow officer, specialized in Business Bulk Sale Transfers, ABC Liquor Licenses, Mobile and Floating homes, Commercial real estate, Short Sales, REO’s, Stock transfer and holding escrows etc. She is currently working with Bay Area Escrow Services, and rendering her services in all geographical regions California.  

A bookkeeping service is the recording of all financial transactions such transactions includes sales, purchases, income payments of the business or business entity. The primary task of Bookkeeper is to keep all financial and related records of business documents in orderly manner and also to know & monitor the direction of the business. In simple words it is a gaze to assess the nature and cash flow of the given business  Most people may think that bookkeeping is a simple task. It is very important to all the businesses starting from small size to large size businesses needs to have a track of all business income and expenses, and ensure that they are regularly updated.   Irrespective of the business, fundamentally there are two methods of bookkeeping are practicing in the small business world. The first and foremost one is Manual and people consider this is an old and traditional method and gradually replaced by the second method called a computerized method where all parties can save lot of time and results are more accurate.  The computerized method is not just a data entry, it do and monitor all the accounts receivables, accounts Payable, timely billing, periodic financial statements, tri balance sheet preparations, general ledger, Maintenance, filling the monthly and quarterly taxes such as sales tax, UST, local tax, reconciles the bank accounts, Payroll processing, employee benefits, And Inventory and stock positions etc. Through bookkeeping service, your can keep any thing related to the finances of the business in orderly, and Maintaining of all these records is vital to the business to run successfully.  Unfortunately most the small business owners do not under stand the need and value of the business, and feels that the bookkeeper cannot do any best. A dedicated bookkeeper or book keeping agency are specialized In the accounting with all date to date requirements, and they decrease the business owner time accounting work and stress by transferring the liability of financial work. Their timely advices will certainly helps to avoid auditing, later payments, penalties, and also give the directions of the business cash flow with that the owner can plan for future.  Some business owner’s thinks that hand covering a business accounting feels like a losing control on the Business, but by transferring the work to a professional, can helps the business owner to gain more and more to time to focus on the business to increase the sales, cash flow and also getting a financial advices for future expansions and investments.  Having a third party who are specialized in the accounting services provides a great and very important Benefit is Security and Safe to your business and business financials. The case studies and reports shows, that there is an increased cash flow of the businesses within a months of who have hired a bookkeeper.   Any business that are looking to increase the cash flow, save the money and avoid all kinds of financial auditing by government agencies, hiring a bookkeeper or bookkeeping agency is first step for the successful business.