Financial Statements & Advisory Services for Waterbury CT Business Owners

Every business should have three core statements: a Profit and Loss (income) statement, a Balance Sheet, and a Cash Flow statement. Together they tell you whether your business is profitable, what you own and owe, and whether you have enough cash to keep operating. JUMA prepares all three and explains what they mean in plain language.

Monthly is the standard for businesses that want to stay in control. Quarterly is acceptable for very small or seasonal operations. Annual statements alone are not enough -- you won't catch cash flow problems or profitability shifts until it's too late. JUMA provides monthly statements as part of our accounting packages.

The P&L shows whether your business made money over a period of time. The Cash Flow statement shows whether money is actually moving in and out of your accounts. A business can show a profit on paper and still run out of cash. That's why you need both. JUMA explains this distinction to every client.

It means you get more than numbers -- you get someone to help you understand what the numbers are telling you. JUMA's advisory services include reviewing your financial performance, identifying trends and warning signs, and helping you make decisions around hiring, spending, pricing, and growth. We act as your financial thinking partner.

Yes. Lenders and investors require accurate, professionally prepared financial statements. JUMA prepares statements that meet those standards and can help you understand what banks look for before you apply. If you're pursuing SBA loans, lines of credit, or investor funding, financial statement preparation is a critical first step.

Yes. While most of our advisory clients are also bookkeeping clients, we do offer standalone advisory consultations for business owners who need help understanding their numbers or planning for growth. Book a consultation and let's talk.

Book a free consultation at jumaaccounting.com. We'll review where your business stands, what reports you currently have, and what a monthly advisory engagement would look like. Most clients are up and running within two weeks of the first call.