Bookkeeping and Accounting for Pet Grooming Services
Seeking a bookkeeper and accountant for your pet grooming business? We handle your books, giving you more time to focus on pampering pets. Sign up today and get a free month of bookkeeping.
How Bench works with pet grooming services
Keep your focus on pampering pets, and let us handle the numbers. Get your bookkeeping, income tax prep, and filing done by experts—powered by an efficient platform. Bench works with Pet Grooming Services.
We get you set up
Our team dedicates ample time to thoroughly comprehend your pet grooming business, respond to your queries, assist in linking your accounts, and demonstrate how Bench complements your operations.
We do your bookkeeping
Every month, your dedicated bookkeeper organizes your pet grooming business transactions and prepares accurate financial statements. If they require any additional information from you, they'll promptly reach out.
We deliver tax-ready financials
Our group of experts knows the intricacies of tax regulations for pet grooming services and will tailor their process to your business's specific requirements.
Here’s why pet grooming services like you trust Bench with their bookkeeping and accounting
Get fast, unlimited support from our expert advisors
At Bench Accounting, we will consistently provide pet grooming services with timely bookkeeping updates. Have urgent inquiries that demand immediate attention? Rest assured, we commit to responding within one business day or less.
Guaranteed accuracy in every detail
Our platform streamlines data accumulation from major service providers to bypass prevalent errors in bookkeeping. We cooperate with well-known merchants such as Gusto, Stripe, Shopify, and Square—ensuring your pet grooming business's finances are consistently precise.
See where you’re spending. Make smart decisions
Wave farewell to stacks of invoices and laborious manual record-keeping—our software automates inputs directly from your connected accounts. Gain insights from a unified dashboard designed for pet grooming services so you can effortlessly comprehend the financial wellbeing of your business and make informed strategic decisions.
Bench integrates with your favorite small business tools
We sync seamlessly with your financial accounts and tools to keep your books up-to-date and save you the time and effort of manually uploading documents.
Trusted by 25,000+ American small business owners
CHRIS RONZIO
DR. BUKKY KOLAWOLE
HEATHER SHOLL
We know bookkeeping for pet grooming services
Running a pet grooming service requires attention to dozens of details, from managing appointments to ensuring the wellbeing of your furry clients. Tracking finances is an equally critical aspect of your business, but it can become overwhelming, especially when considering the specific taxes, laws, and common bookkeeping issues in this vibrant industry. That’s where Bench steps in. Our software streamlines the record-keeping process while our team of dedicated human bookkeepers takes care of the specifics. They understand the need to track revenue and expenses for pet supplies, employee wages, lease and facility maintenance costs, and any other financial nuances related to your business.
With Bench, not only do you get organized books, but you also have a team that is well-versed with the industry-specific laws and taxes. For the pet grooming industry, this may encompass taxes on different services, understanding deductions for equipment purchases or leases, or even dealing with the financial implications of pet accidents on the business premises. Bench ensures businesses in the pet grooming industry are not only tax compliant but also optimizing their tax benefits. By taking care of your bookkeeping and tax planning, Bench allows small business owners to focus on what they do best - providing quality care for pets.
Simple, straightforward pricing for everything your business needs.
Join over 35,000 US-based business owners who have streamlined their finances and have grown their businesses with Bench.
Choose Plan
Bookkeeping
billed annually. 100% tax deductible.
Bookkeeping & Tax
billed annually. 100% tax deductible.
Bookkeeping
billed monthly. 100% tax deductible.
Bookkeeping & Tax
billed monthly. 100% tax deductible.
Frequently Asked Questions
While this is not a comprehensive list, there are several potential tax deductions that pet grooming businesses can typically claim. Some of these include:
- Office supplies and equipment
- Pet grooming supplies and tools
- Training and certification costs
- Advertising and marketing expenses
- Vehicle expenses if you provide mobile grooming services
- Cost of utilities, if you maintain a separate pet grooming facility
Please consult with a professional tax advisor or bookkeeper to ensure your business is claiming all the deductions applicable and to abide with current tax regulations.
Managing accounting for both product sales and grooming services requires a solid understanding of revenue streams, cost of goods sold (COGS), overhead costs, and profit margins. Here are a few steps to help:
- Distinguish Between Revenue Streams: You need to separate your product sales from your grooming services. Each needs a different calculation for revenue, and both should be reflected in your profit and loss statement.
- Understand and Calculate COGS: For product sales, COGS includes the cost of producing the items you sell. Whereas for grooming services, this can be more complex to calculate and may include direct labor costs, supplies used, etc.
- Manage Overhead Costs: Your overhead costs—rent, utilities, insurances—need to be distributed between your product sales and grooming services based on an appropriate method like square footage or direct labor hours.
- Calculate Profit Margins: By understanding your revenue and costs both for product sales and services, you'll be able to calculate and monitor your profit margins for both your income streams. This is important to ensure the financial health and sustainability of your business.
The best way to manage these complexities is often through the use of professional bookkeeping services. Bookkeepers can help you organize your sales, calculate your costs, and manage all aspects of your business accounting to make sure you're always on top of your financial game.
The best way to track and categorize expenses in the pet grooming industry is by using a comprehensive accounting software that is designed to meet the specific needs of this industry. Such a software would allow you to categorize all your expenses such as supplies, equipment, payroll, utilities, and more. You can track all these costs on a daily, weekly, monthly, and annual basis, allowing you to have a clear understanding of your expenses. This can also help you identify areas where you could potentially save money and even recognize trends over time.
Nope! All bookkeeping is completed in-house.
Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.
We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.
Bookkeeping Services for Pet Grooming Services
Discover how we can help you have better finances with a personalized demo from a Bench expert, ready to answer all your questions. Sign up as a customer today and get a free month of bookkeeping, valued at $299.
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