1. Consider outsourcing your accounting functions at Data Centre.
Here's why:
· Outsourcing frees up time and resources to focus on business strategy and goals.
· Outsourcing allows businesses to tap into the resources and expertise of the outsourcing company.
· It can reduce operating costs.
2. Since accounting is not one of your core competencies, it may make sense,
operationally and economically, to outsource all of your bookkeeping and accounting functions.
3. Hire a firm to perform an audit and certify your financial statements if you plan on raising capital from investors.
The sooner you get a reputable firm like Data Centre to do that, the better. Decisions on accounting treatment of transactions can then be made early on, rather than risking audit adjustments at a later date that may materially affect your financial statements.
In addition, Data Centre can be an extremely valuable resource while you are raising capital.