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Steer your business with high-impact financial decisions.
At the Mature level of your business lifecycle we engage your team on a strategic, advisory level. Acting as a fractional CFO, we partner with you to make sound, strategic financial decisions aimed at growing your business. An intimate, trusted, and long-term relationship is required to develop an intimate understand of your operations, financials, and goals. Working on a fractional basis affords your team the CFO-level service needed for mature businesses at a fraction of the cost.
Every business’ financials tell a story: whether your business is viable or impractical, growing or decaying, a sound investment or an unsure risk. Business owners can be so focused on writing off expenses for taxes that they end up hurting their financial positioning in the eyes of banks, lenders, and investors. It is better to show that you own assets and therefore are making more income. This level of analysis and guidance is unique to each business and their goals. We help our clients analyze, understand, and present their financial narrative to third parties in order to maximize the benefits and offerings received. We also provide trending analysis on the historic flow of finances, helping you identify increased sales opportunities, profit centers, and cost centers that could impact future profitability.
Although we do not provide audit and tax services ourselves, we understand the processes and language auditors and tax professionals speak. It can often be overwhelming and confusing for business owners to navigate the conversations with these third parties, therefore we serve as a liaison to our clients during these discussions. We understand the professional language and nomenclature of the industry, including bankers, lenders, benefit providers, third party admins, and government institutions. We’ll sit in on 3-way calls or meetings with our clients, and, acting as an advisor, provide a level of confidence and assurance that everyone has shared understanding.
Planning for and circumventing risk is a critical effort of mature businesses. Different industries have nuanced levels of licensing, liabilities, and taxation that they are responsible for. Unawareness or failure to meet the various legal requirements for your industry is a huge risk to your business, potentially causing you to fail. Understanding and properly planning to meet the specific licensing and tax liabilities of your industry is where we come in. We help prevent and mitigate legal issues that could negatively impact your business, such as mechanics liens, understanding statutes of limitations, tax filing requirements, and information reporting to various jurisdictions. We also help establish and oversee proper internal controls, such as segregation of duties, checks and balances, and cross training of employees. This provides confidence to owners that their internal systems are set up to catch mistakes and eliminate nefarious behavior of employees.
Cash is king. Without the right level of liquid cash, planning, and forecasting companies can go out of business. When investing back into your business—whether purchasing a new business, starting a new product or service line, buying equipment, or hiring a new employee—we help you plan to ensure that you’re making profitable decisions. We provide cost/benefit analysis to determine that the timing of receipt of benefits matches the cost. It’s important that the financial benefit received is worth the expenditure of cost, based on payoff and timing. We also assist with financial forecasting to gauge how much money you need to cover business overhead, and we help create plans to reserve money for taxes and liabilities. Ratio analysis helps owners determine how long it takes to get through their inventory and if it makes sense to purchase smaller or larger orders of product, based on speed at which product is turned into revenue.
At the mature level of business we provide our clients with unwavering confidence. Identifying the focus of your business & deep understanding of your finances allows us to navigate the business in the direction you wish. Owners have peace of mind that if there is erroneous behavior or future risk it will be caught through internal controls and risk mitigation. We provide you confidence to have conversations with other financial institutions, and provide guidance to help tell your financial story in a way that will maximize the benefits to your business.
Growth begins with financial clarity. We’re here to simplify your finances and chart a path towards massive success.