FAQs
- What is your typical process for working with a new customer?
First, we assess the current state of the books. We assess: Is there any cleanup invovled? When is the last time cash was reconciled? Does chart of accounts make sense for your industry? Are the books up to date? Then we look at your tax situation. What's your entity structure, does it make sense? Are there missed planning opportunites? Have you paid estimates? Our goal is not to just file forms, but to help you understand what is happening in your business and affect meaningful change. We establish mothly touch points to talk about business performance. Develop a visual dashboard to explain clearly what is happening in the business and why. We discuss their tax planning process and create a business forcast to both project tax estimates accurately, and become aware of tax planning opportunities. Once established we run this on repeat, haven't had a bad experience yet.
- How did you get started doing this type of work?
Started in Private Equity and wanted to branch out on my own. So I did.
- Describe a recent project you are fond of. How long did it take?
Recently, we took on a compensation study for a therapy practice. Being they are service based, their profitability is directly correlated to clinician pay. Additionally, they had no structured compensation policy, so wages for each clinician were haphazard and in some cases didn't make sense. We created a structured compensation policy, to grow with the company, reward those who stay, and ensure profitablity is on par with industry averages. They saw results imediately, and it only took us two weeks.