Innovative and Forceful Start Up Accounting Services for Your Business
The beginning stages of your business can make or break your success, and Gallo LLP is here to help. We understand the complexities involved with getting your business off the ground. Gallo LLP provide start up accounting services to businesses in the surrounding Edmonton area.
Our team specializes in financial advising and accounting services for businesses in a wide variety of industries. No matter what your business is, Gallo LLP can help you with the financial aspects of your start up. As a new business, you will likely need a sounding board to help you make the right decisions. Whether you’re looking for an office space, new equipment, or need help learning how to grow and scale your start up, we can provide an in-depth understanding of the intricacies of startup financials. We’ve been accountants for start ups for many years and know what it takes to help a start up business thrive.
How Gallo LLP Can Help
Your Start Up Business
At Gallo LLP, we will walk with your business as much as you need, providing guidance year-round. No matter what industry your business is in, or what kind of accounting services for your start up are needed, we will help you triumph.
If you have a start up business, you need Gallo LLP.
- Obtaining funding and applying for grants
- Financial advising
- Government tax incentives
- Ensuring your business is tax compliant in Canada, the United States, and Internationally
- Accounting services
- Cash flow management
- Audit insurance and review audits
- Budgets and financial projections
- Day to day accounting needs, such as bookkeeping, payroll systems maintenance, expense tracking, and more.
Gallo LLP is here to help you win in business. If you want to ensure that your start up is able to thrive and grow, trust our team of experienced accounting professionals and financial advisors. We’re here to support your business and provide advice that will actually solve your problems. As a new business, you’re likely overwhelmed with the day to day running of your start up. There’s no need to feel the stress of an accountant that you only hear from once a year at tax time.
Frequently Asked Questions
When can you start scaling your business?
As soon as possible! The key to start up success is to set your business up for growth and scaling. You can learn more about scaling up your business here.
How do I finance my start up business?
Financing a start up business varies by industry and the type of business you are starting. There are plenty of government grants for new businesses, and some businesses may be able to apply for personal grants related to their business. Gallo LLP can help you navigate the world of personal financing, grants, and investor retention.
Should I buy or lease my equipment?
This question varies based on your industry, the type of equipment you need, and the current costs. Sometimes, leasing is the only option you can afford. However, Gallo LLP can look at your assets, financial statements, and the costs associated with buying and leasing equipment and give you an expert recommendation.
What are the biggest challenges start ups face?
There are many challenges you will face when starting your business, here are some of the most common ones:
- Having a great business plan
- Frustrations with rejection
- Working far more hours than when you were an employee
- Hiring the right people
- Capital and cash flow shortages
- Knowing when to say no
- Needing to perform such a wide range of duties
- Managing your time effectively
- Maintaining work/life balance
- Keeping financials organized
Sleep better at night knowing that Gallo LLP has all your financial needs covered. Day to day accounting, financial planning and business consulting, as well as end of year tax preparation are all part of how Gallo LLP will help your start up succeed.
What kind of records do I need to keep for my start up?
When beginning your start up, it’s important to stay organized. Here are a few things you will want to store and keep track of:
- Financial statements
- Invoices and contracts
- Bank accounts
- Creditor records
- Tax filing and records
- Lease and purchase agreements
- Business licences and permits