Category: News

Finances are a window into where you are now, but if you use them correctly, they let you project what you should do next.

This blog explains the strategic advantage our clients get from working with us, enabling them to achieve better profits, better cashflows, and overall growth.

Reason 1: Perfected accounting to frame business taxes

One of my core beliefs is that you should absolutely hire a tax professional who is a true expert when it comes to understanding the tax code and employing tax minimization strategies. We all know how unnecessarily complex these laws are, and the fact that they change every year makes them that much more archaic.

Being an expert at taxes does not make you an expert at accounting. More importantly, it does not leave any time for delivering completely accurate/organized monthly accounting reconciliations, reporting, and review.

Because the accounting we manage is super clean, when we work with your tax preparer, we make sure they can go the distance when strategically minimizing your taxes. No shortcuts. Remember that we speak their language, which saves our clients time and money, ensuring nothing is lost in translation.

Reason 2: Meaningful Weekly Reviews

Our staff (not a program, or a minimum wage intern) downloads, classifies, and reconciles your accounting records at least once a week.

By maintaining this always current status, we spot problems, ask questions, and resolve issues right away. We’ve saved our clients countless amounts of money by flagging unusual credit card activity, canceling unneeded subscriptions, and disputing incorrect charges with credit card companies.

Staying current also allows us to promptly deliver ad hoc reports and other special requests.

Reason 3: Monthly insights

Our senior staff summarizes key financial metrics and business insights for all of our clients when delivering monthly financial statements.

This is really important – In our reporting, we call out items that should be top of mind and warn you of looming pitfalls such as projected cash shortfalls, unusual trends in receivables, or upcoming changes in the recurring cost structure of the business.

Doing so empowers you to make smart, strategic decisions, or identify major upcoming issues easily.

In the final blog of this series, I share how we are different in a 1-1 comparison with other CPA/accounting/bookkeeping shops. Read it here

These are hard points of differentiation.

Other bookkeeping services just don’t do the things listed here. But, as any successful entrepreneur will tell you, having these elements dramatically increases success.

I am fortunate that our team’s depth of experience allows these great benefits for our clients.

Reason 1: Premium services

We offer services that other CPA’s or bookkeeping firms don’t or can’t.

We have systems in place to provide high volume bill payment, invoicing, and collections services. Most firms are record keeping and reporting only because they don’t want the liability of having access to client funds. At Ironclad, these services are totally available, secure, and provide you a single place to address all your accounting needs.

Reason 2: Access to best practices and an expert network

Because we’re in constant communication with scores of businesses, we have unique insight into how they operate.

I regularly share ideas and processes, as well as play matchmaker by introducing my clients to one another or to our deep network of specialists where appropriate or necessary.

Reason 3: Banking partners and capital investors

While we work with the largest banks and credit card companies in the US, we’ve found that our clients deeply benefit from our relationships with community banks.

We have excellent contacts in the banking community and know which resources to tap when it comes to lending or understanding technological capabilities. We also have several established relationships with family offices and other equity investors.

We regularly make introductions where appropriate.

Reason 4: Exit planning

Due to my extensive experience working with first generation family offices, I fully understand the business lifecycle from inception to exit. In fact, multiple clients of mine have created first generation wealth, and I’ve help guide them during this critically important transition.

My team has first-hand experience buying and selling businesses and deep familiarity with the strategic moves you need to make in advance of an exit. We act as a key advisor during this process to ensure that you are maximizing the value for you as well as future generations who may eventually share in the fruits of your labor.

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I totally get that accounting is incredibly boring to most people. (Hence why you should outsource it to someone that really cares).

I’m passionate enough about accounting to build a differentiated business model and now have been helping entrepreneurs, athletes, and TV stars tune in their financials so they can win in a big way.

At the end of the day, my goal is to seek out a very special set of small business owners who will open up the kimono and welcome my help. Those clients will benefit from my team’s depth of skills and resources to elevate their businesses to places they otherwise would be challenged achieving.

In the process, everyone’s lives are enriched. Most importantly, I get to watch you achieve your dream of financial independence.