START-UP & EMERGING GROWTH COMPANIES
The Services You Need With The Sophistication You Desire
Emerging growth businesses face their own unique set of challenges but accounting shouldn’t be one of them. Determining the right size for accounting and financial systems for your company is just one of the benefits Rose Financial Services brings to you.
Here is an example of how RFS assisted an emerging growth company in building its accounting system:
A pioneer in an emerging industry came to RFS producing approximately $1 million in revenues. RFS was faced with the challenge of building a novel and scalable accounting system that could function in this new industry. RFS created an auditable system that accurately and timely reported financial information. Our system enabled this early stage company to make sound financial decisions that helped it succeed.
Financial Result: Went from $1 million to $20 million in revenue before being sold to a private equity fund.
See the below chart for answers to your questions. Need additional information? Contact us!
Issue
RFS Solution
Benefit
Do I need an internal accounting department?
No. RFS trained accounting professionals combine the right level of experience with the right level of effort in our Shared Services Center or at your office.
The economic benefit is a result of accounting time being efficient – the right levels of staff are working on the right tasks. You will receive a better value for your accounting dollars spent.
Do I lose control of my accounting function?
You actually gain more control because RFS works independently under your guidance based on your requirements.
Your time is spent more productively focused on high value items, like increasing sales, rather than routine accounting tasks like reconciling your bank statement.
All RFS accounting personnel are degreed professionals – either CPAs or on a CPA career track. They are ready to grow with your company.
With our ongoing rigorous training program, you can be sure our staff is up to speed on best practices. With RFS your accounting is expertly handled both at the early stages and as your company’s growth calls for a more sophisticated solution.
How do I get financial and management reports?
RFS prides itself on providing timely, accurate, and consistent financial information. Let us know when you want your reports and RFS will get them to you on time.
We know you need good financial Information to make quality decisions. We put the people and systems in place that produce the financial information you need when you need it.
RFS can assist our clients with tax planning and preparation. We can help you develop a tax plan and execute upon that plan. RFS will help keep audit costs down because we understand what the auditors need. Many of the audit tasks are performed at our location instead of getting in your way.
RFS will help you lower compliance costs and make more efficient use of your time. Having RFS assist with taxes and audits will ease the difficulties and lower costs surrounding compliance.
CASE STUDY
“RFS was the perfect fit for my needs…as my business has grown, your services have expanded to continue to suit my requirements.”
This client came to Rose Financial Services producing approximately $1 million in revenues. It was a pioneer in an emerging industry. RFS was faced with the challenge of building a novel and scaleable accounting system that could function in this new industry. RFS created an auditable system that accurately and timely reported financial information. Our system enabled this early stage company to make sound financial decisions that helped it succeed.
The company grew to $20 million in revenue before being sold to a private equity fund. It is now in the process of going public.
Financial Result: Went from $1 million to $20 million in revenue before being sold to a private equity fund.