Small Business Accounting Services
McGregor Financial Services (MFS) offers specialized accounting services designed to meet the unique needs of marine small and medium-sized businesses (SMBs). Our comprehensive approach focuses on enhancing financial stability and streamlining operations for yacht-related businesses. We provide tailored Annual Budget Creation and Management, ensuring clear financial goals, precise expense categorization, and real-time monitoring to help businesses maintain financial health. Our Monthly Financial Reporting delivers accurate and timely insights, allowing for informed decision-making through detailed expense tracking and variance analysis.
To support day-to-day operations, MFS offers In-Person Bookkeeping services, ensuring hands-on assistance with financial data management and staff training. This proactive approach reduces administrative burdens and keeps records organized. Our Full Payroll Management service guarantees compliance with maritime regulations, ensuring timely and accurate salary disbursements while mitigating legal risks. Additionally, we facilitate the setup of dedicated Bank Accounts and Debit/Credit Cards with controlled spending, providing financial transparency and safeguarding against misuse.
MFS also advises marine SMBs on Company Setup, guiding clients through optimal legal structures and tax strategies to minimize liabilities and ensure compliance. Our federal Tax Preparation and Advisory Services cover all aspects of tax obligations, keeping businesses aligned with U.S. and industry-specific regulations. For businesses seeking comprehensive financial oversight, our Fractional CFO services integrate payroll, bookkeeping, tax planning, and strategic financial management.
Recognizing that financial records can sometimes fall behind, we offer Accounting Cleanup Services to update and reconcile records, ensuring accuracy and compliance. Whether it’s correcting discrepancies or improving cash flow management, MFS helps businesses regain control of their finances. Through our specialized expertise, MFS supports marine SMBs in achieving financial efficiency, compliance, and long-term growth.
Annual Budget Creation & Management: Tailored budgeting, expense tracking, and real-time monitoring to ensure financial stability.
Monthly Financial Reporting: Accurate, timely financial reports with expense categorization and variance analysis for better decision-making.
In-Person Bookkeeping: On-site support, financial data management, and hands-on training to streamline accounting processes.
Full Payroll Management: Payroll services compliant with maritime regulations, ensuring accurate and timely salary disbursement.
Bank Account & Card Setup: Dedicated business accounts, multi-currency options, and controlled spending for financial transparency.
Company Setup: Advising on legal structures and tax strategies to optimize operations and ensure compliance.
Tax Preparation & Advisory: Comprehensive tax services for federal and industry-specific compliance.
Fractional CFO Services: Full financial oversight, tax planning, bookkeeping, payroll, and strategic advisory.
Accounting Cleanup: Updating and organizing financial records to ensure accuracy and compliance.