Accounting and Financial Services
As experienced and goal-oriented professionals, we can provide indispensable guidance to your business throughout its entire life cycle, ensuring long-term sustainability and optimal productivity, in even the most economically challenging times. Our hybrid part-time financial management services are tailored specifically for businesses generating revenue over US$500,000 annually, and we have a proven track record of success.
If you choose to work with us, you can enjoy the following services:
- Accurate cash management and reliable banking services
- Detailed budgeting and forecasting support
- Thorough accounting supervision
- Effective bookkeeping or accounting staff supervision
- Compliance support to ensure that you remain fully compliant with all relevant laws and regulations
- Efficient tax management and support
- Insightful financial and analytical reporting
With our help and support, you can be sure that your business is in safe hands. We pride ourselves on being dedicated, reliable, and efficient financial experts who are committed to helping you achieve your goals and always exceed your expectations.
We have found that entrepreneurs are not maximizing the benefits of their accounting systems due to significant errors in accounting entries, leading to major misstatements in the Profit and Loss Statement as well as the Balance Sheet.
Our team of experts will review your accounting entries and correct any errors, ensuring that your financial statements accurately reflect the health of your business.
We offer virtual part-time accounting supervision services tailored for micro businesses, with no monthly commitment required – services are provided on an as-needed basis.
Our supervision services include tax support, customized financial reports, and analytical reports that will assist you in making informed decisions for your business success.
With our virtual accounting supervision services, you can focus on growing your business while we take care of the numbers.
We have extensive experience working with Xero, Zoho Books, QuickBooks, Odoo Accounting, Microsoft Dynamics, SAP, Oracle, Tally, and more.
As part of this service, we also provide FREE technical advisory services for Xero Accounting software.
Contact us today to learn more about how we can help you improve your accounting processes and grow your business.
Don’t have accounting software? We can implement Xero Accounting software for your business (one of the leading accounting software solutions worldwide for micro, small, and medium-sized businesses).
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Take advantage of our affordable and flexible accounting supervision packages today, and see the difference it can make for your business!
We don’t just implement a software, we implement your entire finance system
We implement data driven finance systems that helps to simplify business operations and improve activity costs and profitability.
Our services includes:
- Implementation of an accounting systems that is align with your business model and practices. Depending on the size and complexity of your business we prepare the necessary SOPs to streamline day-to-day tasks.
- Implementation of integration between POS store and your Xero or QuickBooks accounting software
- Implementation of integration between your Woocommerce online store and your Xero or QuickBooks accounting software
- Implementation of accounting policies and procedures
- Project management of finance system implementation
- Any other implementation? – ASK US WE WILL GET THE JOB DONE
SHOP NOW FOR SYSTEM IMPLEMENTATION
Cash is the lifeline of any business.
Effective cash management is crucial for any business, regardless of its current profitability.
Even if your business is not profitable currently, if there is no effective cash management, business may fail to survive.
If a business fails to manage its cash effectively, it may struggle to survive even if it’s making a profit.
Our expert is a Certified Chartered Accountant with proven experience in banking and cash / credit management with multinational corporations.
Who this service is for?
- This service is available as a part of our Financial Controller services
- Businesses that have outsourced their bookkeeping function and there are no in house Accountant.
- Businesses with a virtual Accountant, who may need a certified experience professional to optimizes their cash management system.
Do you offer credit to customers? Let us assist you to manage credit with customers.
We can help you optimize your credit management system to minimize risk and maximize profitability.
We will coach you in strategies and guide you to manage customer credit relations.
With our expert coaching, you can develop strategies to manage your customer credit relations with confidence.
Please read our article on What to do with Delinquent Customers
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Contact us today to learn more about how our Financial Controller services can benefit your business.
“Debt can be bad, if managed badly”
At any point in a business lifetime there may be need for some leveraging.
Depending on the purpose of your debt, there may be different types of financing options available such as bank loans, lines of credit, or even private equity.
Your business maybe expanding, or you need to purchase expensive fixed assets or you just need funds for working capital needs.
We are here to help you get the debt right.
Our team of experts will work closely with you to determine the optimal amount of debt and the best repayment structure based on your unique financial situation.
Our service includes: analyzing the required debt instrument, formulating the debt schedules, assist in finding funding institutions and assisting you in management the debt throughout the debt life-cycle.
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Don’t let poorly managed debt hold your business back. Contact us today to learn how we can help.
Pricing analysis provides in dept information of customer behavior in regards to current price offering in different business environment.
Without pricing analysis, businesses may not have a clear understanding of customer willingness to pay, pricing elasticity, and product demand, which can lead to missed revenue opportunities.
The pricing strategy a business chooses will determine the market outcome and hence revenue.
Pricing strategies are: value-based, competitive, skimming, penetration, cost-plus marginal or full, economy and dynamic pricing systems.
Value-based pricing involves setting prices based on the perceived value of the product or service to the customer, while competitive pricing involves setting prices based on competitors’ prices. Skimming involves starting with a high price and gradually lowering it over time, while penetration involves starting with a low price to gain market share. Cost-plus pricing involves adding a markup to the cost of producing the product, while economy pricing involves setting a low price to target price-sensitive customers. Dynamic pricing involves adjusting prices based on market conditions, demand, and other factors.
Whichever pricing strategy a business chooses it is important that the business first set its value preposition and find its positioning in the target market it is competing in.
Our services include: price architecture, current price landscape analysis, demand identification and product mapping.
Do you have a new product? We can help you build your price structure and assist with market positioning.
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Contact us to learn more about how our pricing analysis services can help your business stay competitive and maximize revenue potential.
Financial planning is an ongoing business process that looks at the financial health of a business within the current, short-term and long-term prospective.
Financial planning can help businesses make informed decisions about expenditures, investments, and growth opportunities.
Financial planning involves analyzing a company’s current financial performance, projecting future financial performance, and developing a plan to achieve financial goals.
Financial planning can be simple or complex depending on the industry, economic conditions or business goals of the organization.
Business Valuation is important to determine a business going concern for specific reasons.
Knowing the value of a business is crucial for tax purposes or potential mergers and acquisitions. For potential investors or buyers, business valuation provides an estimate of the company’s worth, which helps determine an appropriate price for acquisition.
Most valuations are done primarily to acquire funding from either investors or lenders or when the owners of the business intend to sell the business.
Faenewl Business Services provides financial modeling services by creating financial budgets, forecasts or business valuation ranges.
Please reach out to us for a free business review
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Our team of experts can assess your company’s financial health and provide recommendations to increase profitability and sustainability.
At Faenewl Business Services, we offer personalized financial consulting services to help businesses achieve their financial goals.
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Contact us today to learn more about how our services can benefit your business.
The most important activity for a startup business is to put your ideas into a business plan or business action plan. Our services involves coaching and creating road maps for strategic and financial matters. Our experts are professionals with experience that will yield measurable results ensuring better chances of starting properly and a successful launch.
Avoid expensive mistakes, leverage the benefit of highly trained professional with localized knowledge and business connections. Contact us today for a free 30 minutes consultation with our Strategy and finance coaches.