In personal finance, any number of life occurrences can contribute to the need for money management assistance. Illness, divorce, death of a spouse, work pressures - all can throw one's life out of balance and cause financial chaos. It can appear overwhelming. Many times an individual will rely upon friends and family to help. This may be a short-term solution for a long-term situation. Friends and family members may not be qualified to adequately address the issues. They may also not be willing to take on the responsibility for a significant length of time. Professional financial management may seem too costly but this conception may be inaccurate.
Personal daily money management service is a rapidly growing service industry. Their services vary with the individual needs and the service provider's capabilities and range from simple financial advice and planning, to taking over the finances completely. Bill paying, opening the mail, reconciling bank and brokerage accounts, insurance and medical claim analysis, tax return preparation, planning and budgeting are just a few of the services that daily money managers perform.
In business, the money management function may be performed by the business owner or an in-house bookkeeper. Many times, the only professional accounting involvement is the annual tax return preparation. Businesses could benefit greatly by having regular professional assistance and these benefits may greatly exceed the cost.
The business owner's time may be better spent managing the functions of the business. Having a bookkeeper on staff can be expensive and many small businesses cannot justify the cost. Also, the business owner and the bookkeeper may not have the financial background of a professionally trained certified public accountant and money manager.
Gary Bloome PA is a certified public accounting firm. With over 20 years of experience, all work is performed and reviewed by a certified public accountant (CPA). Gary Bloome is a certified public accountant, a certified forensic accountant and a certified Quickbooks ProAdvisor. With monthly rates as low as $100, the services are affordable by individuals and small businesses. Call our office at (561) 477-8099, visit our website at www.GaryBloomeCPA.com or our Daily Money Management page, or email Gary at firstname.lastname@example.org for more information.