Financial Dashboards and Advisory Services

A bookkeeper collects basic financial information that an accountant will then use to provide useful advice. At Quiver Bookkeeping, we can double as your bookkeeper AND your Advisor. We collect your daily financial data and organize it into KPI (key performance indicator) dashboards, providing you with advice on your financial and cash flow status. This allows you to see the big picture and make more informed, strategic business decisions.

Resource: https://www.snhu.edu/about-us/newsroom/business/what-does-a-bookkeeper-do

You can learn more about our professional bookkeeping services here:

With accurate records, your small/medium business advisor knows where you are overspending or where you could save costs, which is invaluable to your business, as you are then more comfortable and willing to grow, and you can put the excess funds you have back into your business or reinvest them.

We recommend meeting with us every month to review financial statements and financial strategy, which will help you achieve your business financial goals. This is the best time for you and your Advisor to communicate to ensure you do not run into financial problems down the road and remain on track to reach your small business's overall financial goals.

We follow a simple and proven financial dashboard 12-week process:

• CALL 1: Kickoff & Delivery
• CALL 2: The Audit & Dashboard Reveal
• CALL 3: Business Forecast
• CALL 4: Budgeting
• CALL 5: Insight to Action
• CALL 6: Optimization

By the end, you have a fully customized KPI Dashboard specific to your business goals.

When your dashboard is complete, you can opt for continued services at our three tiers. Fractional CFO advisory, mentor, or maintain.

The Dashboard build is one level. It is a 12 week process where we identify the best KPI’s (key performance indicators) for your industry and goals and build a fully customized live dashboard that connects directly with the software you use. This is a one time fee of $5,000. Additional dashboards are $3,000.

After the 12 week program, you can opt into ongoing Advisory services with us at various levels.  The chart below shows the various Advisory Services services we offer with pricing:

*Prices subject to change. Lock in the price during your discovery call.

Yes. We can manage your payroll processing to ensure your employees are paid correctly for the hours worked, with proper pay rates and taxes withheld. We set up your payroll provider to integrate with your bookkeeping software, ensuring your labor expenses are always accurate.

You can learn more about our payroll services here:

We accurately track and report employee benefits and deductions, including health insurance premiums and retirement plan contributions. This way, you can ensure that employees are paid correctly for benefits and that the company is meeting its obligations. A lack of proper records can lead to costly mistakes and penalties.

While we're not 'financial planners' who provide 'financial planning' services, we can develop financial models to calculate the costs and projected revenue from new growth and expansion plans. We use these figures to calculate exactly when your company is ready to expand. We do the numbers work to ensure the best possible outcome on all major growth efforts.

We look at important numbers such as the cost to acquire a customer, the value of a customer, and the gross profit margin. These are important measures of whether your business is growing sustainably, not just top-line revenue. We help you understand your performance beyond just total revenue.

However, specific KPI (key performance metrics) for your industry, business, and goals will be determined during the 12-week dashboard building program.

We can provide financial statements, cash flow projections, and performance reports that investors and banks require. Having your accounting handled by professional bookkeepers will boost your chances of securing outside funding. Lenders rely on well-maintained books to make their funding decisions.

Resource: https://www.sba.gov/funding-programs

We provide financial strategies aligned with your industry's standard operating procedures and the typical financial challenges it faces. Because we understand your industry, we can benchmark your performance accurately. We have the industry context required to serve your business.

We know how your business compares on pricing, spending, and margins, and you can benchmark against your direct competitors to see where you fit in the market. We can tell you what changes to your business might make you a more competitive player in the market, and how you can use your finances to gain greater market share.

Every industry has challenges you may have to deal with:

• seasonal revenue fluctuations
• difficulty tracking inventory
• changes in laws and regulations
• employee turnover

As your Advisors, we can design your company's reporting system to meet the specific needs of your industry and resolve any financial issues your business may face as you address them. We are aware of these issues in advance, and you can ensure your business will continue to run smoothly.