Innovative Business
Solutions’ acts as your “Virtual CFO” and in so doing,
provides the following services:
Full Service Bookkeeping and Accounting:
We provide the full range of accounting and bookkeeping services.
Such activities include but are not limited
to:
• Full Service Bookkeeping
• Invoicing
• Accounts
Payable
• Accounts Receivable
• Cash Receipts / Deposits
• Cash / Credit Disbursements
• Monthly Bank Statement
Reconciliations
• Monthly Closing
Tax Preparation and Planning:
We provide both
tax planning, as well as year-end business income tax preparation.
Monthly Financial Statement Preparation and Analysis:
You receive timely, accurate and meaningful monthly financial statements that
are tailored to focus on your
companies key performance drivers.
Monthly Financial Reports will include:
• Sales Analysis (Major Category / Brand)
• Profit and Loss / Balance Sheet / Cash
Flow
• Receivables and Payables Aging Reports
• Key
Performance Drivers
• Critical Issues / Remedial Action Plans
Business Planning, Budgeting and Forecasting:
We work with you to formulate a credible, strategically driven Annual Operating Plan
and monthly budget that
helps achieve the long-term goals of your business.
We will assist you in implementing a monthly / quarterly forecasting
process that will significantly improve your forecasting accuracy and improve profitability.
Business Assessment and Benchmarking:
We assess your business and benchmark your firm with your key competitors and develop action plans that exploit your
strengths and remediate your weaknesses.