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This is another place where having an accountant can help a founder in the early stages of his business. There are expensereports, profit and loss statements, tax preparations, monthly budgets, and other documentation required by the government, business investors, and other stakeholders.
What does their cash flow look like and do they have a lot of accountspayable? What kind of business expenses (ex: rental costs) do they have? When you run a fully virtualbookkeeping business, honestly, there’s not much need for a phone. And do they have a physical office space? If so, how many?
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