Business Management & Entertainment Accounting in Florham Park, NJ
Starting a business is one of the most common paths to financial independence - and, as many business owners will tell you, running a successful business is not an easy task. It takes a lot of hard work, commitment, and continuous learning. Piemonte and Liebhauser is here to help your business thrive through quality business counseling and financial consulting.
We are a full-service business management and tax preparation firm dedicated to providing accounting services to musicians, entrepreneurs, small business owners, athletes, and high net worth individuals in New Jersey and New York neighborhoods.
If you are in the entertainment and sports industries, we’ve got your back. Our talented CPAs, Gina Liebhauser and Robin Kerrs, can handle all aspects of accounting for your company. We are experts in bookkeeping, tax services, and more, and we’re ready to help promote your business growth in the competitive music industry. We also provide tax services for overseas firms who want to file their U.S. tax return or run production in the U.S. Get in touch with us today and schedule a consultation to see how we can help you.
Benefits of Outsourcing Your Accounting
Accounting is the foundation of a business’s financial operations. Proper accounting ensures that you have all the reports and information you need to run a successful business. It gives you full control over your cash flow. Thus, it helps you ensure that you’re meeting your business obligations.
Small businesses stand to reap a lot of benefits from outsourcing their accounting tasks. When you outsource to a CPA, your company can:
Save Time - Give more of your precious time to growing your business. Our CPAs will handle the tedious accounting tasks while you focus on your core business.
Make Use of Our Expertise - Our accountants are experts in the music and entertainment industries. They have years of experience working with musicians, artists, and athletes. With Piemonte and Liebhauser, you can rest assured that we are handling your finances with exceptional quality.
Prevent Fraud - Our Skilled CPAs can examine your accounts to identify loopholes and other vulnerabilities. As a result, your business will be better equipped to detect and prevent fraud.
Increase Your Business Capital - We will organize your finances and identify mistakes. This includes double billing and misplaced payments. Detecting errors that are bound to go unnoticed will help you avoid any loss in revenue and give your business capital a boost.
Only Pay for What You Get - With fluctuations in business, your accounting needs vary from month to month. When the market is slow, your in-house accountants might be underworked. Outsourced accounting allows you the flexibility of paying for what you need only when you need it.
Our New Jersey CPAs have the skills and experience to handle all the accounting needs of small and medium-sized businesses. With our services, you don’t need to spend hours of your time trying to draft a balance sheet or income statement. Let us take care of this part of the business as you focus on expanding your business.
Small Business Accounting Services Greater New York Metro Area
Accounting tasks such as balancing accounts and mapping your cash flow are time-consuming. They require careful focus to be done correctly. Piemonte and Liebhauser will organize your ledgers and ensure that your books are clean to give you a clear view of your business’s financial standing. We also offer statement reconciliation to help you keep track of your capital.
We help you keep track of your capital by reconciling bank statements, credit cards, and all sources of income and expenses. You can be confident that everything is where it’s supposed to be, and no expenses are overlooked. We also handle tour accounting from A to Z.
The agency sends reports directly to Piemonte and Liebhauser, and the tour manager sends checks and receipts. We then balance everything according to the initial report. That way, you can keep your budget on point, pay bills, report outcomes, and handle agent commissions. Our accountants will give you recommendations to make your tours as profitable as can be.
Financial Planning for Businesses Morris County New Jersey
Financial planning services help you determine ways for your business to achieve its strategic goals. It allows your business to predict its future financial results and use this information to utilize the company’s resources best. Piemonte and Liebhauser CPAs are experts in providing excellent financial planning services.
Financial statements show the performance and position of your business at a certain point in time. Financial statements include balance sheets and income statements. They also include statements of cash flow and statement of equity of the business owner.
The balance sheet and the income statement are the core financial statements for your business. Our CPAs will prepare comprehensive analysis to help you gauge performance. These statements demonstrate your business capabilities and help you make informed financial decisions.
If you want your business to meet its profit goals consistently and avoid surprises, you need to budget. With a budget, you do not need to make instant money decisions anymore. Proper budgeting employs careful consideration to help you allocate your budget wisely.
At Piemonte and Liebhauser, we help you create a budget. We provide budget reports to measure your financial performance compared to your set plan. With our budgeting services, you will be better able to manage your finances and avoid falling into debt.
Sound Business Consulting
No matter what type of business you are in, it’s a competitive world out there. In a fast-paced environment like entertainment and sport industries, you must figure out how to stand out from rivals. You need to streamline your operations, and boost revenue while minimizing business expenditure. Our role as your consultants is to come up with strategies to overcome challenges and improve your performance.
We understand the dilemma you face as a business owner, wearing many hats and managing the day-to-day operations of your business. Our CPAs are problem-solvers, ready to provide you with a chain of options and specify the pros and cons of each to help you make sound decisions.
Outsourced CFO Services in Northern Jersey for A Thriving Business
Financial management in large organizations is usually handled by a Chief Financial Officer (CFO). Piemonte and Liebhauser brings your small business the same service at a fraction of the price.
Our outsourced CFO will maintain all business consulting and accounting needs. This includes budgeting, financial strategies, payroll, and tax services.
New Business Formation
There are many types of business entities to choose from. Knowing which entity suits your enterprise is key to the success of your business. The type of entity you select determines your tax requirements. It has long-lasting implications on your business operations and investment opportunities.
Business formation types include sole proprietorship, limited liability company (LLC), limited liability partnership (LLP), and more. Each type of business entity has its advantages and disadvantages. Our skilled team will assist you in making the right choice and develop a solid growth plan for your business. We provide you with CFO services until your business has grown to a size where you can handle your own financial department in-house.
Accurate Bookkeeping Services
Bookkeeping is the recording and organizing of financial transactions on a day-to-day basis. These transactions include revenue, expenses, and sales. Our CPAs will provide you with accurate bookkeeping. This allows you to instantly access efficient and optimized ledgers whenever you need to. We also deliver comprehensive reports. These reports show you how your accounts payable and accounts receivable affect your overall finances.
At Piemonte and Liebhauser, we offer efficient payroll solutions that are customized to meet the needs of your business. Our tax experts will calculate the amount of payroll tax that needs to be withheld from your employees every month. They will make sure that your employees receive their payment on time.
Help Your Business Flourish
At Piemonte and Liebhauser, our mission is to empower you with all the financial tools that make your business profitable. We are helpful, flexible, and ready to customize our services to meet your needs.
We proudly serve our community at Florham Park, Genesee County, Davison, Grand Blanc, and all surrounding communities. Contact us today and schedule your consultation!