– by Doreen Marion Gee –
This is part of a rotating series of articles on members of Sidney Meet Up Women’s Networking Group, featuring women in business on the Saanich Peninsula.
A house needs a solid foundation to stay upright, a perfect analogy for the strong financial foundation needed for a business to succeed. The staff at Security House Accounting Services have the expertise and experience to provide the firm footing required for a flourishing business.
Colleen Hoggarth, Certified Professional Bookkeeper, is the “Chief Number Cruncher” and owner of Security House Accounting Services in Victoria. Her firm’s general financial bookkeeping service for businesses involves taking a company’s receipts, invoices and bank statements and using that information to prepare and provide the business with a monthly financial statement. Colleen: “The important point about having regular bookkeeping done is that people can see where they are at every single month with their business. If people wait until the end of the year, it is too late to make a ‘course correction’ if things are going sideways.” She reviews the monthly statements with clients, fixing any problems to ensure continuing success. With regular bookkeeping services, Security House provides the bedrock for growth: “You can’t do anything with a business until you see it on paper. You need a good financial knowledge of how your business is doing before you can grow it to be even bigger and better.”
Colleen and her team also keep their clients on track with the reporting of GST and PST collected in their businesses to Canada Revenue Agency and the Ministry of Finance: “When a business is collecting taxes for the government, they are holding that money in trust for them. Quite often young businesses don’t realize that and will use that money to finance their working capital. Then they can get behind with those trust funds. We advise our clients that the money needs to be turned over when it is due – on time, every time.” Security House makes sure that clients are regularly and accurately reporting all the taxes they collect by the deadlines, ensuring their compliance with government. By helping businesses avoid the sink-holes, Colleen ensures that her clients build and expand on firm financial footing.
Security House’s tag-line is “Give us your books. Take back your life!” Colleen believes that her bookkeeping services liberate clients. As well as reclaiming their personal lives, clients have more time, energy and freedom to focus on marketing and growing their business, networking and building success. Colleen and her colleagues pour the cement, freeing up time for the business to create a flourishing enterprise on top of it.
“When the financial “have-to-do’s” are done correctly, the exciting new business (the “want-to-do”) will flourish! A house needs a square foundation. We provide that strong foundation for businesses to build on.”
Contact: www.securityhouseaccounting.com.
