The BFG Proposition
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Start-ups and Entrepreneurs
At BFG we understand that starting a new business can be a mind-boggling '1001 things to do before 1pm' affair - we've seen multiple clients who have been there. We make sure that we work extra closely with our start-ups and ensure that the financial tracking side of your new business is one thing that you don't have to worry about.
The advantages of working with BFG are threefold:
- We can advise you and ensure that you are approaching the financial side of your start-up the right way saving you time, energy and money.
- We can take the 'financial' stress off your hands: enabling you to focus on the important things (like "have we got a name yet?!")
- And most importantly, we can help you to develop financial and accounting system that will ensure that your business has solid foundations, and will enable it to grow and develop.
A typical start-up work-flow includes
- Accounts Payable: Tracking vendor bills and statements to ensure that no vendor payment is duplicated or missed, and ensuring that payments are made to the right vendor.
- General Ledger Reconciliation: Posting and reviewing recurring and non-recurring monthly entries and the reconciliation of books to the general account.
- Account Receivables and Payment Tracking: We will provide you detailed and summary invoices to ensure your clients pay you in time. Plus, we will provide you an aging report to show which clients are not that fast in paying.
- Financial reporting and analysis: We provide you profit and loss statements, balance sheet and cash flow statements to ensure that you're always up to speed with the financial essentials.
- Progress invoices, as well as custom reports such as billed vs proposed costs by project (as applicable).
- And...a reassuring voice at the end of the phone!
BFG can help you to ensure that your start up 'start up', and we really will look out for you: we have numerous clients who have been with us since day one...
Please get in touch with a member of our team if you would like a no obligation assessment of what BFG could do for you.
