The Franz Group
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Services
We will be your partner as you build your business to maximize profits. It's important to us to spend time necessary to understand your business and find the best plan to create value. We will create that value through bookkeeping services, audit & tax preparation, and special projects.
We will communicate with you on a monthly basis, not once a year to prepare your tax return. We will assist your CPA and save them time by getting the annual information organized, with schedules, ready to prepare.
We will communicate with you on a monthly basis, not once a year to prepare your tax return. We will assist your CPA and save them time by getting the annual information organized, with schedules, ready to prepare.
Bookkeeping Services
- Eliminate the time required for data input. Allow us to accurately record transactions on a timely and consistent basis, allowing you to spend more time on your business.
Period End Close
- Allow us to perform and review journal entries
- Documentation Process - we will make sure adjustments are properly made with supporting documentation
- Balance Sheet Reviews - Allow us to review your balance sheet for potential misstatements. Our in depth knowledge of knowing what a balance should be in certain accounts will provide you with useful information for forecasting, planning, and tax purposes.
Process Improvement
- Elimination of waste in any process is the key to continuous improvement.
- Automation through tools such as excel and interfaces help in preventing wasted time and data entry errors.
- Implementation of cycle counts for inventory to improve accuracies and minimize adjustments.
- We'll help to set a schedule of when items need to be completed with a timeline to help you and your staff stay on track.
Working Capital Review
- Cash flow is the key to maintaining and growing a healthy business.
- We'll assist you with ways to improve your Days Sales Outstanding (DSO) which will allow to you receive cash into your account at a faster pace.
- Review opportunities to take advantage of offering discounts
- We'll review Accounts Payable to see if there are opportunities to eliminate added costs
- Discuss discounts and whether taking them or not is valuable to your business
Staff Developement
- Communication is key, we'll show you examples of how to foster communication between you and your staff
- Practice Makes Perfect - Ask us how this can drastically improve productivity
- Master, Maintain, & Move On - Our process for how we can take on additional responsibilities while still competing tasks at hand