Nationwide Bookkeeping Service for Dry Cleaners & Laundromats
The Giersch Group specializes in scalable bookkeeping, accounting and management consulting services for dry cleaners and laundromats. Having an experienced financial professional at your service not only relieves you of the hassle and stress of keeping the books, it gives you a clearer picture of your firm’s financial health and helps you develop a plan for the future.
Take advantage of a free 30-minute consultation with the Giersch Group to learn more about how we can help your laundromat or dry cleaning business. For your convenience, consultations can be held online, or at our Milwaukee, Brookfield, or Madison offices. Our services are 100% virtual and available nationwide.
Affordable Virtual Bookkeeping
While we draw many of our clients from Southeast Wisconsin, our services are 100% virtual and available nationwide. We’ll make sure that you’re tax-compliant, help you budget, and provide you with monthly reporting so you can track your progress.
Get all of your accounting information in one, easy-to-digest package each month. We take the best practices used by the biggest accounting firms and tailor them to small and mid-sized businesses. Our reporting includes:
- Beginning balance sheet for the period
- Ending balance sheet for the period
- Income statement for the period v. budget and/or previous period
- YTD income statement v. budget and/or previous period
- Cash flow statement for the period
- Company dashboard of basic financial ratios
We won’t just throw these numbers at you and move on to a different client. Our CPAs take the time to explain all these metrics and suggest ways to use these numbers to grow your business and improve your bottom line.
Certified QuickBooks™ ProAdvisor for Dry Cleaners
As a certified QuickBooks™ Online ProAdvisor, we can train your staff in QuickBooks™ so you can use your financial statements to improve your business operations at half the retail cost of the software. Our QuickBooks Services include:
- QuickBooks™ installation & setup as a standalone service
- Reviewing your books for accuracy
- Organizing your books and fixing any mistakes
- Training on how to view & interpret your financial statements
- Training on QuickBooks™ advanced features
- Ongoing support for QuickBooks™ programs (payroll, accounts receivable, accounts payable, job costing, customized reporting and inventory tracking)
- Complete bookkeeping support and regular reporting in full accrual accounting
Understanding Your Financials
At Giersch Group, we ensure you not only have timely, accurate financial reports, but help you to understand your current and long-term financial picture. We pride ourselves on our hands-on approach to all of our clients, being available to answer any questions you may have about your financials.
Our Services for Dry Cleaning Businesses & Laundromats
We offer more than just bookkeeping services for dry cleaning businesses in Wisconsin. In fact, all of our services are available online nationwide.
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Frequently Asked Questions:
Why do dry cleaners & laundromats need bookkeeping?
All businesses need to keep track of their books. Bookkeeping helps a business manage its cash flow, meet financial obligations and avoid audits and penalties from the IRS.
Why should a dry cleaner or laundromat outsource accounting?
Outsourcing your accounting allows you to save money and focus on what you do best— providing excellent service to your customers. You get full control, choosing which services to outsource and only paying for what you need, avoiding the cost of hiring a full-time in-house accountant.
Is a dry cleaning business profitable?
Yes. Dry cleaning businesses are easy to manage and scale and don’t require a large initial investment. With just a small investment (between $9,000-$52,000), one can reasonably expect to be making between $84,000 and $500,000 in revenue per year.
Is dry cleaning a business expense?
Depends. Dry cleaning costs are tax deductible as long as the clothes are also tax deductible, (i.e. they’re only used for work).
What is the best accounting software for dry cleaners & laundromats?
Quickbooks is the best accounting software for dry cleaners & laundromats. Our experts are well versed in Quickbooks and can educate you on exactly how to set up and maintain an account.
