Real Estate Services
The State of Commercial & Residential Markets
Both commercial and residential properties are all around us, allowing real estate companies to thrive. However, similar to other forms of business, these brokerages require their own financial management in order to stay afloat. Decisions like purchasing additional properties, hiring new brokers, and renovating current properties to increase their value cannot be made without first checking your finances.
Jumping head-first into a major decision will only spell trouble moving forward so it’s important that the necessary precautions are being taken. By precautions, I mean effectively tracking your financial progress. That means ensuring every asset, expense, and dollar amount is accounted for. Only then can you determine if a certain decision is the right one to make. But, what if you can’t afford to hire an in-house bookkeeper to make sure everything stays in line?
The Answer to Outsourced Bookkeeping
No longer stress about not being able to afford an in-house bookkeeping. GBC is an outsourced bookkeeping company that specializes in financial monitoring for businesses across several industries including real estate. Our bookkeepers are well-versed in both commercial and residential real estate, helping brokerages track and analyze their finances.
This allows them to adjust their current budgeting strategy in order to save money and allocate their resources where needed most. When tax season comes around, the IRS is going to want to see financial statements so that you can be taxed appropriately. Not having these statement readily available can lead to further issues with the Internal Revenue Service. Fortunately, our financial reports are timely and accurate, which spells smooth-sailing for your brokerage, come tax time.
In Case of Emergency
Our remote bookkeeping services mean that we don’t have to be on-site to track your finances. However, that does pose an interesting question. What if you need our assistance or would like access to your financial reports? Simple – the beauty of GBC is that your bookkeeping is only an email or phone call away.
In the event that you’d like to take a look at your previous financial statements, they can be accessed from anywhere with an internet connection. This is highly convenient if you’re making an on-the-spot decision or meeting with a bank, loan distributor, or the IRS.