By outsourcing administrative tasks such as Accounting, Payroll and Benefit Program administration YOU will have more TIME to focus on what is important to you. YOUR BUSINESS. If you do not currently have a benefit program, that is OK, we will give you access to ours via our PEO offering. You and your employees will have access to Health Insurance, Dental and Vision Plans, a 401K savings plan and more! In effect you get a Concierge CFO with out having to pay for the full cost.
Our services include the following:
- Provide financial and accounting leadership to strengthen and establish a firm control on the company's finances and goals
- Develop financial statements and budgeting
- Develop lending relationships with our network of banking partners
- Develop tax planning solutions to minimize risk and efficiently save hard earned profits
- Spearhead strategic planning and sales growth ideas
- Develop exit strategies for owners and managers
- Introduce to strategic investors, partners, or other professional service providers such as attorneys, consultants, IT specialists
- Provide retirement and incentive compensation plans for owners and managers
- Assist in developing HR and legal strategies
Clients who benefit the most from our service are companies without accounting staff or who are currently utilizing a part-time bookkeeper. These clients are usually frustrated and inundated with paperwork. Bancor Financial Services significantly reduces the time they spend on the accounting aspects of their businesses. Clients generally have sales under $10,000,000, but the average is in the $250,000 – $5,000,000 range.
Although the services and benefits of the Bancor Financial Services system are significant, the costs are not. Bancor Financial Services fees are the same as an experienced bookkeeper however; you also get a Concierge CFO with 22 years experience in running large, medium and small business with out the cost associated in having a full time CFO. Monthly fees are determined based on the amount of transactions a company has and average $850-$3,500. For a free evaluation and fee quote, contact email@example.com.