At a Glance
This client had a successful landscaping business that was grossing around $1MM annually. While they were grossing quite a bit of money their take home was low and they weren’t sure where all of their money was going. There were also inefficiencies in the business that cost hundreds of thousands of dollars each year and dozens of hours each week.
First we cleaned up their books and set up a weekly meeting. Each week we uncovered more of the complete picture and educated the client on their financial situation. Then, we created a spreadsheet that included all debt and set up a payment schedule. Next, we set up business practices that lowered accounts receivable, increased cash flow and cut out many expenses. Finally, we incorporated a goal structure and organized both the clients personal and business finances as tax efficiently as possible.
Type of ClientLandscaping Company
- Weekly meetings
- Overhead documents & organization
- Personal financial statements
- Investor reports
- Liaison with CPAs to organize & handle all tax items
- Goal structure