Running a painting business is not only providing a great quality service to your customers, but also requires you to be diligent with your bookkeeping to make sure that it’s running the way it’s supposed, avoiding any problems in the future.
Keeping track of every payment, purchase, payroll, and any other transactions is a time-consuming process, and it can make you work many hours of overtime just to keep your books organized. Sometimes, these bookkeeping tasks can make you move away from the actual work that you want to provide your customers, which can make your business suffer.
That’s why Bookkeeping for Painters is here! We offer professional and comprehensive bookkeeping services for painters to alleviate the burden of trying to wear too many hats when you are trying to run your painting business. We believe that, while owning a painting business requires you to be good at your craft, delegating tasks for your employees, and all the administrative work that goes with it, you don’t have to do this on your own.
When you hire our team of experts to help you with your bookkeeping needs, you receive more than a team willing to help you with your administrative tasks — you’ll find an ally for your painting business in us!
Bookkeeping can be a stressful task and it usually takes a lot
of time to do right. A painting business is constantly
purchasing supplies and equipment which rotates often out
of your inventory.
This means that you need to be on top of your bookkeeping to avoid the receipts and other paperwork from piling up, ultimately forcing you to spend days inputting the data into your books.
The main thing that you should be concentrating on when you are running a painting business is the services and quality you are able to provide to your clients, and we want you to provide that better service — leave the tedious bookkeeping work to us!
Here is the plan that we offer that can take some weight off your shoulders so you can continue to grow your business and providing excellent service:
Our Profitable Painter Package is for the painting business owner that wants to run a painting empire. With a weekly bookkeeping cycle, you are eligible for weekly job profitability reports*, so knowing the financial position of your business has never been easier.
Job Costing add-on is an additional fee.
✓ Dedicated Advisor
✓ Daily & Weekly Coordination
✓ Monthly Financial Review Meeting
✓ Monthly Financial Mastermind Access
✓ Unlimited Email, Text, & Phone Support
✓ Receipt Management
✓ Weekly Bookkeeping & Reconciliation
✓ Weekly Performance Snapshot
✓ Weekly & Monthly Customized
✓ Access to E-Course Library
✓ Painting Industry Benchmark Data
✓ Quarterly Tax Savings Sessions with Tax Advisor
✓ Tax Preparation
Monthly Job Costing using QUickbooks Online Projects so you can see your Gross Profit on every job. We also include up to 5 Divisions, so you can track your profitability on Commercial vs. Residential jobs, Interiors vs. Exteriors, and more!
Read MoreBookkeeping can be a stressful task and it usually takes a lot of time to do right. A painting business is constantly purchasing supplies and equipment which rotates often out of your inventory.
This means that you need to be on top of your bookkeeping to avoid the recipesand other paperwork from piling up, ultimately forcing you to spend days inputting the data onto your books.
The main thing that you should be concentrating on when you are running a painting business is the services and quality you are able to provide to your clients, and we want you to provide that better service — leave the tedious bookkeeping work to us!
Here are some plans that we offer that can take some weight off your shoulders so you can continue to grow your business and providing excellent service:
Our Primer Bookkeeping Plan is perfect for start-ups and one-man operations. We created this plan with painting businesses with less than $150,000 in annual revenue in mind, to ensure that painting businesses of all size have access to the financial data they need to be successful.
Unlimited Email, Text & Phone Support
Quarterly Profit & Loss Report
One Personal Tax Return with Schedule C Included
30-minute Tax Strategy Session with Tax Professional
Access to E-Course Library
Our Primer PLUS Bookkeeping Plan is perfect for start-ups and smaller painting businesses looking to start off on the right foot. With a monthly bookkeeping cycle and emails to ask any questions, you may have, we can provide you with audit-proof books to keep you on track for tax season.
Dedicated Account Manager
Monthly Check-in Call
Unlimited Email, Text & Phone Support
Receipt Management
Monthly Bookkeeping & Reconciliation
Monthly Financial Video Review
Monthly Quickbooks Online Reporting
Access to E-Course Library
Our Satin Bookkeeping Plan is perfect for the painting business owner that wants to take their business to the next level. With unlimited calls, emails, and texts to your dedicated account manager, as well as a monthly financial review meeting, we can provide you with tailored advice and guidance to help you increase your profit and grow your business.
Dedicated Advisor
Monthly Check-in Call
Monthly Financial Mastermind Access
Annual Financial Review Meeting
Unlimited Email, Text & Phone Support
Receipt Management
Monthly Bookkeeping & Reconciliation
Monthly Financial Video Review
Monthly Quickbooks Online Reporting
Access to E-Course Library
Painting Industry Benchmark Data
Our High-Gloss plan is for the painting business owner that wants to run a painting empire. With a weekly bookkeeping cycle, you are eligible for weekly job profitability reports*, so knowing the financial position of your business has never been easier.
Job Costing add-on is an additional fee.
Dedicated Advisor
Daily & Weekly Coordination
Monthly Financial Review Meeting
Monthly Financial Mastermind Access
Unlimited Email, Text & Phone Support
Receipt Management
Weekly Bookkeeping & Reconciliation
Weekly Performance Snapshot
Weekly & Monthly Customized Reporting
Access to E-Course Library
Painting Industry Benchmark Data
While bookkeeping can be a task that anyone can do, more often than not, it takes away time from business owners to provide the service they offer. Your painting business can benefit from you spending your time to grow it and improve the services you provide instead of using a lot of your time to solve administrative tasks — this is where Bookkeeping for Painters comes in!
Our services not only give you the peace of mind of having professionals with the necessary experience to have your books organized and done the right way, but it also lifts the weight off your shoulders so you can focus on what really matters in the end, growing and expanding your business while providing great painting services!
Contact our team today to learn more about our bookkeeping services, if you have any questions, or if you wish to start a free consultation. We will be more than happy to assist you with anything you need and we are looking forward to working with you!
Like we’ve mentioned before, bookkeeping is an important part of your business and it can help you grow your business and organize yourself by making sure that all your transactions are accounted for and easy to search.
Let’s dig in more about some of the reasons why bookkeeping is so important:
Budgeting
Budgeting can be one of those aspects of your business that can define the success of your operation. Knowing where all your money is going and which payments and transactions are recurring and necessary can help you define what to cut down in times that you need or can even tell you if you have a leak of capital due to spending the money in the wrong places.
Planning
Planning goes hand in hand with budgeting. When you have the right information about your painting business, you can budget your monthly expenses better. Once you get budgeting down, you can start planning ahead in case you want to grow your business or are in need of some improvements.
Track Profit & Growth
Being able to track how much money you are making in profits is extremely important because it ultimately determines if your business is being successful. In the business world, a company or enterprise that’s not growing and it’s stagnant can be considered a dying business.
Tax Preparation
Having organized books with everything that goes on in your business can immensely help you at the time of filing taxes. Not needing to look into dozens of different folders, documents, and boxes of papers every time you have to do taxes can be a great relief!
Business Analysis
A thorough and organized book filing can help you analyze your business. The books will show you where your inflows and outflows (profit and loss) are coming from or going to. It can be a helpful tool when you are looking to move forward with a new project or expand your operations.
Investors
Whether you are looking to expand your operations to cover multiple locations or you are planning on franchising your painting business, having organized bookkeeping and everything accounted for in your books can make it easier for potential investors to decide if they want to invest in your business.
IRS Audits
While IRS audits are not common, they can happen when you least expect them. Keeping your books organized and in good standings make audits easier, not only for you, but for the entity performing the audit. Also, the faster the IRS is done with your audit the faster you can stop stressing about it.
Required by Law
Keeping organized documentation and records of your business is required by law. Not being able to provide these records to the pertinent authorities like the IRS, can result in fines and/or termination of your business.
While bookkeeping can be a task that anyone can do, more often than not, it takes away time from business owners to provide the service they offer. Your painting business can benefit from you spending your time to grow it and improve the services you provide instead of using a lot of your time to solve administrative tasks — this is where Bookkeeping for Painters comes in!
Our services not only give you the peace of mind of having professionals with the necessary experience to have your books organized and done the right way, but it also lifts the weight off your shoulders so you can focus on what really matters in the end, growing and expanding your business while providing great painting services!
Contact our team today to learn more about our bookkeeping services, if you have any questions, or if you wish to start a free consultation. We will be more than happy to assist you with anything you need and we are looking forward to working with you!
Like we’ve mentioned before, bookkeeping is an important part of your business and it can help you grow your business and organize yourself by making sure that all your transactions are accounted for and easy to search.
Let’s dig in more about some of the reasons why bookkeeping is so important:
Budgeting
Budgeting can be one of those aspects of your business that can define the success of your operation. Knowing where all your money is going and which payments and transactions are recurring and necessary can help you define what to cut down in times that you need or can even tell you if you have a leak of capital due to spending the money in the wrong places.
Planning
Planning goes hand in hand with budgeting. When you have the right information about your painting business, you can budget your monthly expenses better. Once you get budgeting down, you can start planning ahead in case you want to grow your business or are in need of some improvements.
Track Profit & Growth
Being able to track how much money you are making in profits is extremely important because it ultimately determines if your business is being successful. In the business world, a company or enterprise that’s not growing and it’s stagnant can be considered a dying business.
Tax Preparation
Having organized books with everything that goes on in your business can immensely help you at the time of filing taxes. Not needing to look into dozens of different folders, documents, and boxes of papers every time you have to do taxes can be a great relief!
Business Analysis
A thorough and organized book filing can help you analyze your business. The books will show you where your inflows and outflows (profit and loss) are coming from or going to. It can be a helpful tool when you are looking to move forward with a new project or expand your operations.
Investors
Whether you are looking to expand your operations to cover multiple locations or you are planning on franchising your painting business, having organized bookkeeping and everything accounted for in your books can make it easier for potential investors to decide if they want to invest in your business.
IRS Audits
While IRS audits are not common, they can happen when you least expect them. Keeping your books organized and in good standings make audits easier, not only for you, but for the entity performing the audit. Also, the faster the IRS is done with your audit the faster you can stop stressing about it.
Required by Law
Keeping organized documentation and records of your business is required by law. Not being able to provide these records to the pertinent authorities like the IRS, can result in fines and/or termination of your business.