Outsourced CFO Services
- Assisting with federal and state tax compliance and reporting
- Developing cash flow improvement programs
- Developing key relationships with venture capitalists, bankers, auditors and lawyers
- Developing strategies and tactics to minimize overall tax liability and exposure
- Evaluating and creating internal controls
- Evaluating equity transactions
- Managing capital to improve profitability
- Overseeing financial and accounting functions
- Producing accurate, meaningful financial statements
- Serving as a liaison to lenders, investors and other outside financing sources
Outsourced Accounting Services
- Post cash receipts and disbursements
- Reconcile bank accounts monthly
- Process accounts payable including obtaining proper account codes
- Manage payroll and payroll reporting
- Set up customized chart of accounts
- Manage invoicing and accounts receivable
- Prepare general ledger and financial statement compilations
- Summarize data required for tax returns
- Prepare sales tax returns
- Assist with day-to-day journal entries
- Set up and support QuickBooks software
- Manage depreciation schedules
Benefits of Outsourcing
About Ohio
Ohio’s business community is also known for its entrepreneurial spirit. The state provides a favorable environment for startups and small businesses, offering resources, support networks and access to capital. Incubators, accelerators and innovation centers are scattered throughout the state, providing guidance and mentorship to aspiring entrepreneurs. The Ohio business community encourages risk-taking and innovation, fueling the growth of new ventures and attracting investors from across the country.
Moreover, Ohio’s central location and robust infrastructure make it an ideal hub for logistics and distribution. The state is well-connected through an extensive network of highways, railways and airports enabling efficient transportation of goods and services. This strategic advantage has attracted major corporations and logistics companies to establish their operations in Ohio, further contributing to the state’s economic vitality.