Walsh Partners offers a turn-key solution for your bookkeeping needs without the need to hire on full time staff. Your accounting and bookkeping processes are completed efficiently and on time and you don’t need to purchase the equipment, provide office space and buy more furniture to have this work done in your office or home. In addition, you don’t have the additional headaches of hiring on more staff – with an outsourced solution, we take on the employees, the risk of hiring and firing and you have a single point of contact for this part of your administration. If your needs for support grow, we will grow with you, and if your needs shrink, we will adjust our staffing appropriately and you’re not responsible for terminating people and paying unemployment benefits.
A CFO spends time vetting accounting and financials and advising management. This helps you as a manager or busienss owner to have more certainty in your planning and in growing your company. In addition, having the support of a CFO tells outside stakeholders like investors, bankers, board members, business partners and even potential M&A partners that your business is sound and vetted. You’ll be received better and be treated better, which means you’ll get better deal terms, employees and higher quality clients.
Managers and entrepreneurs can have amazing focus that drives their success, but it can also create the risk of not seeing the big picture. Also, many times you’re creating something for the first time as an entrepreneur. Having a trusted external CFO can help you look at things from a different angle, prepare budgets & forecasts and protect your cash flow to avoid expensive problems.
With a dashboard, or a limited summary of financial and performance metrics, you can quickly assess the barometer of success for your business. Walsh Partners can help design with you and then create and maintain a set of easy to read reports to keep you up to speed at a glance.
Depending on what kind of accounting, finance and bookkeeping support you need, we can perform all the tasks and complete all of the services you need from accounting to finance, treasury and administrative functions so that you can focus on growing your business and pay attention to your customers.
Other professional services sometimes charge by the hour and when their bill arrives it can be a surprise expense you weren’t expecting. Walsh Partners offers customized levels of service at flat monthly rates to give you a predictable monthly billing rate. Typically, this is the best option for most businesses. Of course, there are times when a client has a project or special circumstance where a project rate or hourly rate makes more sense, and we can work with you to go the extra mile to accommodate you without giving you sticker shock.
There may come a time when you want to sell your company or raise money to grow. Walsh Partners will help demonstrate the highest value for your business and maximize the return back to you by building a solid, defensible and well articulated business case. In addition we can sit at the negotiating table with you to build confidence and reduce uncertainty with a potential partner.
Hiring an outsourced solution allows you to have resources with a variety of experience without having to hire full time employees. Many businesses dont want to take on a full-time CFO because it is expensive and that person wouldn’t have anything to do most of the time. When you business grows, working with us can offer you the benefit of having a more affordable, part-time version of a bookkeeper, staff accountant, financial analyst, payroll person and CFO without hiring any one such person on a full time basis.
Walsh Partners can help your business grow, and in turn can scale up with you as you find that your needs are growing. That’s the convenience of outsourcing. Hiring takes a lot of time and you generally want to avoid firing staff – growing and shrinking your outsourced team can be as easy as sending an email. Plus, if you decide to bring on full time staff, we can aid in your transition to ensure a smooth hand-off.