Episode 8
Unlocking Financial Success with Lionel Sargent
In the bustling heart of University City, small businesses often find themselves grappling with financial challenges that could make or break them. Enter Lionel Sargent, the accounting wizard behind Cobb Accounting, who has been a cornerstone of financial guidance for University City Partners.
In this episode, Lionel sheds light on the core aspects of accounting and its undeniable importance for small business owners. From understanding your debits and credits to meticulous tax planning and cash flow management.
Discover Lionel’s single most important piece of advice for keeping your business finances on track and compliant.
Episode Highlights
01:43 - We are a virtual CPA firm, and we focus on bookkeeping, accounting, tax prep, tax planning and advisory services for small businesses, non-profits, and individuals obviously.
02:19 - If you don't know your debits and credits, consult someone who does, because this is very important to your business as far as how it's doing, making sure you're in compliance with the laws and being able to run your business.
04:44 - Get professional advice because you may not know the regulations you need to adhere to or the documents you need to file. Don't try to do your own payroll.
10:26 - My hope is that we can continue to maintain the look of the area as it is now, while still attracting good businesses and things that meet the needs of the community.
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