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Time is Money in Business

Time is money in business, and many small businesses really need more of both! Accounting is a necessary requirement for any size business, However, if it is improperly managed, it can easily spell disaster for your business.

There are certain processes, that when put together, can form the foundation on which you can build a successful business, and having a good system of accounting for small business is one of necessary components. It does not matter at what stage of development your business may be, but a CPA who can oftentimes save you more tax money than it costs to hire them is essential. Although it may not be seen as directly contributing to productivity, it is vital to the survival of your business.

If you are in the start-up phase, a small business accounting firm can help you determine the best structure for your business. They should also be able to help with financial and tax planning, and in the choice of accounting software. Business accountants are also good at making sure that your accounting procedures are compliant or follow the Generally Accepted Accounting Principles. They should also be able to provide some overall tax strategy and reports that are indicators of how things are going financially during the growth stage of your business.

Accounting for small business can involve a host of other services such as if you are audited by the IRS, business owner tax advice, tax services, business bookkeeping, record-keeping, management advisory, business payroll, general accounting, cost accounting, and budgeting, all of which are essential parts of the daily activities of your business.

Maintaining a properly functioning accounting system while your business operates is a legal requirement, and W.A. Campion can help with keeping your accounting in top shape for your small business in the Plymouth, MN or in the greater Twin Cities Metro Area. We can also provide the necessary support in several areas that include helping to ensure that independent contractors are correctly classified, preparing all tax related reports, help in minimizing your tax liabilities and end of year tax filings.

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more than an accounting firm featuring top minneapolis accountants

We are Proud to Be Your Minneapolis Accountants

W.A. Campion Co., P.C. is more than the typical accounting firm. While we do provide traditional tax preparation and accounting services in Minneapolis, we also offer other business advisory and financial services to our clients helping them with the financial decisions crucial to the success of their businesses.

Testimonials

Liman Post & Beam’s owner, Leo Kill’s relationship with W.A. Campion started 29 years ago with founder, Joe Campion. Liman Post & Beam is a custom build construction company with a lumberyard serving residential, commercial and agriculture customers across the upper Midwest. “The business keeps me and the guys busy full time estimating and building. W.A. Campion does all of our business accounting, including payroll and bill pay making sure that expenses are assigned to the right job.” Mr. Kill says. “Bill Campion is my financial advisor as well. If I do something financial I run it by him. Bill definitely keeps me out of trouble.”
Zirc Company, Linda Robasse, VP Finance, says, “W.A. Campion takes care of all of our accounting and financial needs – payroll, corporate and personal taxes, financial statements, and even estate planning. They consult with us on our overall business as well. Bill and his team are straight-forward yet easy-to-work with which helps me concentrate on managing the Zirc Company’s finances.” Zirc is a manufacturer and distributor of dental products located in Buffalo Minnesota and has worked with W.A. Campion for 19 years.
Cliff Lake, Principal of a local music retailer has known Bill Campion for over 20 years and has employed him as his C.P.A. for the past 12 years. “As a retailer, I require a monthly review of financials to include P&L statements, and balance sheets, plus I have Campion file the monthly payroll taxes. Operating a retail business keeps me busy and there is no one on staff to handle the financials, which Campion does at a reasonable cost. Campion and his entire staff are very responsive. They get back to me same day, and often within the hour,” Lake said.