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Here are some ways we have helped our clients:
Direct $ Benefits
· $16,000 Savings: One company found a customer payment that didn’t get credited to their bank account properly
· $32,000 Savings: One company discovered tax deductions that their tax accountant missed
· $8,000 Savings: One company found vendor over-payments
· $75,000 Savings: One company reduced telecommunication costs by $15,000 per year for a 5 year period.
· $9,000 Savings: One company reduced loan fees by $3,000 per year for 3 years
· $18,000 missed savings: One company paid an extra $18,000 in lease payments due to misunderstanding the lease terms.
· $32,500 Savings: One company reduced self employment tax by $6,500 per year for 4 years by changing their business structure.
· $9,000 Savings: One company found a $9,000 check that was recorded, but was mistakenly never deposited.
· $55,000 Savings: One company saved $55,000 in lease payments by restructuring their lease agreement.
· $10,000 Savings: One company discovered $35,000 in missed tax deductions due to a reconciliation error.
Indirect $ Benefits
· One Company obtained a large operating line of credit within 30 days, after failing to do so for 6 months.
· One company hired a new employee with confidence, knowing the break-even point of that new hire
· One company was able to obtain capital to expand to a new location
· One company was able to use margin analysis to determine which retail location to lease
· One company discovered that key assets were accidentally omitted from their insurance policy.
· One company was able to renew their line of credit, even after a net operating loss.
· One company was able to select a tax accountant that better met their company needs.
· One company was able to quickly answer financial questions posed by their board that previously took a long time to answer
· One company discovered an embezzlement and stopped it before it added up to a lot of money.