Stephen B. Jordan, EA

Stephen B. Jordan, EA

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Comptroller-for-Hire

Do you have access to information needed to make real-time decisions such as sales, expenses, cash flow, and projected profitability? If not, you can’t be in control. Your company’s success is directly related to the quality of the financial statements and the CFO/Controller Services that over see them. Over 28% of bankrupt businesses site problems with the financial structure of the company as the main reason for failure. Many businesses: * Ignore their financial systems * Can’t find or retain competent help * Generate inaccurate or no financial statements at all * Have never created a budget, or if they have, never analyzed the results When do you need to hire Outsourced Controller/CFO help? * Company startup: You need to start off on the right foot to increase your chances of success. Good record keeping is a must. * Lack of Understanding: If financial statements make no sense to you, you won’t use them. You need Controller Services you can trust to interpret these statements for you. * Adding Employees: Hiring employees is more than creating a weekly paycheck. You must be current on federal and state payroll laws, along with accurate and timely filings of payroll reports. * Changing a Business Structure: At some point you may want to change your business structure. You need to understand the tax and financial implications of your change. Not understanding this can cost you additional taxes not only now, but even up to the sale of your company. Our Outsourced Controller Services can help you make these critical business decisions. * Outside Financing: When you need outside capital to grow your business, you’ll need reviewed or audited financial statements. Having your financial statements in good order can aid in the approval process. * Cash flow issues: Are you profitable but find it hard to generate cash for current expenses? Analyzing your invoicing, collections, and payables may be in order to maximize cash flows. * Changing accounting software (e.g. QuickBooks®) or first time installation: Knowing what information is needed and setting up the accounting software to provide it is extremely important. Your business needs are unique, so make the software work for you. Just because you may not have the budget for a full-time CFO or Controller doesn’t mean you don’t have alternatives. Our Controller Services & CFO Consulting Services are available on a monthly or quarterly, or a specific basis. We can take full responsibility for the financial side of your business, work part time, or train your staff. Advantages of Outsourced CFO & Controller Services: * 25% to 50% annual cost savings without capital investment - No vacations, benefits, or space requirements. * Greater control over the business by interpreting the numbers in a useful manner. * Your time is spent on strategic issues rather than non-value added activities. To find out more about our CFO/Controller Services Call us for your free consultation.