The Business
Captain's Nautical Supplies, Inc. sells nautical charts, maritime publications and traditional navigation instruments from its Seattle based store and web site, taking pride in the quality of their products and expertise of their staff.
The Challenge
When TADAccounting started working with Captain's, their daily bookkeeping requirements were being met, but financial information and tax returns were not available to allow the owners to see where they were at financially. Their biggest challenge was understanding their financial position as well as assisting the in-house bookkeeping staff with day-to-day questions.
Key Solutions Provided by TADAccounting
- Accounting software conversion
- Financial guidance
- Accurate, timely reporting
- Sound financial information to base business decisions on
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The Solution
TADAccounting converted their accounting package from a DOS- based program that was too complicated for their needs, to their current package. Our accounting expertise enabled us to provide daily financial guidance and accurate and timely financial reporting. The staff previously allocated to bookkeeping was freed up to work in other areas.
The Result
Because they now have accurate financial statements, Captain's owners are able to refocus their business on operations that are profitable. They are able to read and understand their financial information and develop business strategies more soundly, with the confidence gained from making decisions based on solid information.
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