Have Questions?
Check out the FAQ's below! If you can't find the answer to your question, please visit the Contact page to get in touch.
Q: Do you offer tax return services?
A: No we don’t, but we have some wonderful tax partners that we would be happy to recommend you to if you are looking for support with your tax returns!
Q: Are your services month to month or is there a long-term commitment?
A: Bookkeeping Essentials is a month to month service while the Fractional CFO has a 12 month commitment. These parameters ensure the quality of service you will receive when working with the team at MLHC. Click here to learn more about these package options and see which is the best fit for you.
Q: What is bookkeeping and why is it important?
A: Bookkeeping is all about keeping track of the numbers for your business — including income, expenses, tax filings, and more. Bookkeeping is essential for businesses since it is impossible to make informed decisions without it. This can feel overwhelming for business owners who are occupied with running their business, and is a service that is best left to the professionals. Click here to learn more about how MLHC can be supporting you with your bookkeeping needs.
Q: When’s the best time to hire a bookkeeper?
A: It is always advised to hire a bookkeeper at the very start of your business (regardless of the type of business you have) since mistakes can be costly, and time-consuming to fix — especially if you own a corporation. If you are just starting out and can’t afford professional help, you can click here to purchase our bookkeeper-certified excel templates to stay organized until you can hire a professional bookkeeper. Click here to learn more about MLHC’s bookkeeping services.
Q: What is a Fractional CFO?
A Fractional CFO is someone you hire to help you manage the big picture of your business’s finances, and make strategic decisions to keep you on track with hitting your financial goals. This includes (but is not limited to) performing regular analysis of your business’s financial health, optimizing your daily operations, overseeing your cash flow, and having regular meetings with you (as the business owner) to review your numbers and discuss opportunities for improvement. Click here to learn more about how MLHC can be supporting your business needs!
Q: When’s the best time to hire a Fractional CFO?
A: Most businesses look into hiring a Fractional CFO when they hit their first rapid growth spurt, and are having a hard time keeping up with the growing demands of their customer base. A good Fractional CFO helps you understand your numbers as well as the implications of the costs associated with improving the efficiency of your business operations — so that you can grow your business sustainably. Click here to learn more about MLHC’s Fractional CFO services.
Q: What are the consequences of NOT hiring professional accounting support?
A: It can feel tempting to cut corners with your accounting when money is tight, and you feel like you’re doing “ok” with keeping track of your numbers. Unfortunately, a number of things can go wrong if you have messy bookkeeping. Without a clear picture of where your numbers are at, you won’t actually know how your business is doing, if you’re actually making money, or what changes you need to be making on the ground-level to be hitting your year-end targets. Sustainable business growth starts with having clean books!
Q: What packages do you offer?
A: MLHC offers different levels of support for your accounting needs, ranging from monthly bookkeeping services to fractional CFO services. Click here to learn more about these services.