What’s the best way to on-board a new client to your business? What we do is try and understand a few things first.  We love doing accounting and the things that aren’t necessarily core to what a company does.

So, we take on the not-so-fun stuff.

We look at these things:

• Trying to understand the current condition of a new client’s finances.
• Work on “cleaning up” their books.
• Setting things up so that they can run it themselves with our oversight.
• Training them to be self-sufficient

Every company brings on a new client in their own way.  We choose to learn about what is going on currently, evaluate and report and then customize a solution for the clients’ specific needs.

Everyone in a company has a role or assignment.  It is a good idea to make sure you know, as the business owner, who does what when and why.

When it comes to the financial people associated with your company, make sure you have the right person doing the right financial things for you.  Usually, the roles look like this:

• A CPA is great to do your taxes and that is their frame of reference.
• Your bookkeeper does the day-to-day things including cash flow.
• An accountant pays a role with payroll and other related expense things.
• A controller is a strategist and looks at the bigger picture

By being an outside resource, we look at the bigger picture as a CFO as well as looking at all of the components and tactics.