The electrical industry in Mobile, AL is a competitive and unique industry. While there are not quite as dramatic of seasonal fluxes as HVAC, electrical does rise and fall with the heat. The wear and tear on wiring increases with the heat outside, and electricians often find January and February to be slow, difficult months. Consequently, cash flows more freely in the summer and tightens up every winter. The advertising space is quite competitive. Accounts receivable often inflates and further worsens cashflow issues, especially if you dabble in new construction or often sub for general contractors. Accounts payable requires some juggling against AR, and vendors are only so forgiving when they have to wait. And not just any business consultant or accountant is familiar with the difficulties you face, but local accountants experienced in electrical are what you need: they are electricians' accountants, they are your expert.
Experts in Electrical
Our accountants have worked with multiple electrical companies, including a few of the largest, most successful in our area. Partner Christopher Olson, EA is your #1 trusted electrician's accountant and an owner of Surfside Services, a local electrical service company, and has extensive experience and knowledge of this industry. Whether you are struggling with cashflow, inflated customer acquisition cost, or just want to know the best tax mitigation strategies, our experts are intimately familiar with your industry and able to help.
Beyond the needs of the company, electricians have unique tax needs and need an electrician's accountant. Often purchasing your own tools, we understand that electricians need to explore every possible tax deduction. And when the summers produce huge overtime and commissions through remodels, outdoor lighting, or wiring burning up more quickly in the heat, we are here to help advise you on budgeting and investing that will help lighten the financial burden in the winter when January and February get tough.
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