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How Professional Accountants Can Help with Cash Flow Management

Posted By: | Published On: | Bookkeeping
Professional Accounting Services Claremont California

Did you know cash flow problems are a root cause of over 80 percent of business failures? For entrepreneurs, the problem often isn’t that there is no market for a specific product or service or that the business was out-competed. Instead, poor finances sink many firms, including those that could have thrived profitably with the correct financial management. Fortunately, the Whyte & Associates, Inc. team can provide needed cash flow management and professional accounting services in Claremont, California. Let’s take a closer look at how professional accountants can help with cash flow management. Of course, this is only a precursory … Continue reading

Why You Need to Hire a Formation Consulting Specialist

Posted By: | Published On: | Business Consulting
How to Choose a Business Consultant Claremont California

One of the biggest decisions an entrepreneur will ever make is determining what type of company or organization to form. Your choice could have a lot of taxation implications, controlling cash flows, managing liabilities, facilitating relationships with lenders and investors, and much more. The right formation consulting specialist can help you weigh the pros and cons of different types of structures to select the one that will work for your nuanced situation. Let’s take a closer look at business structures so you can learn how to choose a business consultant in Claremont, California. Considerations When Forming a Business or Organization … Continue reading

Income Tax Planning Strategies For Securing Debt Relief

Posted By: | Published On: | Tax Planning
Tax Debt Relief Claremont California

Did you know that total consumer debt in the USA topped $16 trillion in 2022? The totals for non-financial services businesses are even higher, topping $17 trillion. The fact is that some companies and individuals are going to struggle with debt and will need to turn to debt relief programs. Fortunately, under the guidance of a financial services firm, you can develop tax strategies that can maximize debt relief and ease liabilities. If you need tax debt relief in or near Claremont, California, contact Whyte & Associates, Inc. at your convenience. The general benefits of working with finance professionals include … Continue reading

What is strategic growth consulting, and why do you need it?

Posted By: | Published On: | Business Consulting
What is strategic growth consulting, and why do you need it in La Verne CA Area

Strategic growth consulting is one of the most important aspects of business development. If you own a business, you need it to establish long-term plans, help your company go through key development periods successfully, and focus on the right direction. If you are not sure whether you need strategic growth consulting, here is a list of reasons to consider it for your business:  What Are the Benefits of Strategic Growth Consulting?   Reasons why you should consider hiring a strategic growth consultant:  You get an unbiased and clear perspective. When you operate your business for a while, you may start acquiring … Continue reading

Start Your Business on the Right Track with Bookkeeping For Startups

Posted By: | Published On: | Bookkeeping
Start Your Business on the Right Track with Bookkeeping For Startups in La Verne CA Area

Like anything else, starting a business can create many good habits but also a lot of bad ones that can drag it down. The key is starting your business using all the best practices in every area. And while most companies focus on “front end” objectives like customer service and sales, they often neglect the gears that help their business run smoothly, like bookkeeping. At Whyte & Associates, Inc, our team has years of experience assisting businesses with cash flow management in the Cucamonga, Upland, Ontario, Claremont, Lavern, Fontana, and Los Angeles communities. Your Balance Sheet Heroes Are Here We … Continue reading

Why is the risk-based internal audit so important?

Posted By: | Published On: | Audit
Reduce Stress, Save Money with Live Payroll Service in La Verne CA Area

A risk-based internal audit is a relatively new management tool that top managers of an organization or firm use to assess potential threats, new opportunities, and weaknesses. Its value is increasingly critical for any company’s effective internal control, risk management, and corporate governance. Why should you consider a risk-based internal audit for your business? Here is a list of reasons: What Are the Benefits of Risk-Based Internal Audit? The benefits include the following: It helps achieve your business objectives. With the help of risk-based auditing, you can drive efficient usage of resources and time to accomplish business objectives.  It improves … Continue reading

Reduce Stress, Save Money with Live Payroll Service

Posted By: | Published On: | Payroll
Payroll Management in Rancho Cucamonga CA Area

Running your business can sometimes feel like juggling dozens of balls in the air. The more your business grows, the more complex managing certain aspects becomes. One prime example is payroll, which becomes more difficult as you hire more people. The good news is that you have options, such as hiring a proven accounting firm to manage tasks such as payroll. At Whyte & Associates, Inc, our team can take on the role of employee benefits administration, leaving you time to focus on your business goals. Payroll Services that Pay Dividends If you’re experiencing the growing pains of a growing … Continue reading

Use These Secrets to Maximize Your Tax Refund

Posted By: | Published On: | Personal Taxes
How to Maximize Tax Refund in La Verne CA Area

Filing taxes can be complicated. This is just as true for individuals as it is for organizations. If you’re filing personal taxes, you can save a lot of money and time by working with professional accountants. Residents living in or near La Verne, California, who want to learn how to maximize their tax refund can contact Whyte & Associates, Inc. Working with a professional accountant provides many benefits: Reduced risk of getting audited by the IRS and other authorities Maximized tax refund Save time and stress Hit tax deadlines with ease Let’s take a look at some tips for reducing … Continue reading

Quick Tips For Ensuring Payroll Compliance

Posted By: | Published On: | Payroll
Payroll Compliance in La Verne CA Area

Many new entrepreneurs quickly find that managing payrolls can be quite a hassle. Unfortunately, the ramifications can be serious if matters aren’t handled correctly or if you break the law. Working with a professional payroll company can reduce headaches and save time. As an entrepreneur, you likely want to focus on growing your business, developing sound marketing strategies, and otherwise getting stuff done. Handling paperwork and payrolls may not make the top of your list. Fortunately, by working with professional accountants and a payroll services firm, you can save yourself from a lot of hassles. With the right professionals on … Continue reading

Here’s Why a Corporation is a Great Option For Setting up a Business

Posted By: | Published On: | Incorporations
Tax Benefits of Incorporating Your Business in La Verne CA Area

Starting a small business is a dream come true for many. With hard work, the right skills, and some good ideas, many people successfully start enterprises each year. When setting up a company, it’s crucial to consider what type of business to form. Many people will find that a corporation best serves their needs, although it’s wise to consider all your options. Contact Whyte & Associates, Inc. to discuss tax benefits, the setup process, and more if you’re looking for corporation services in La Verne, California, or nearby. The Many Benefits Offered By Incorporation A corporation is considered its legal … Continue reading