Accounting and Financial Services
We are goal oriented professionals that can guide your business towards sustainability throughout your business life cycle. Helping your business to sustain in times of economic traumas while optimizing productivity and financial strength. We provide hybrid part-time financial management and advisory services to businesses with revenue over US$500,000 annually.
We offer the following services:
- Cash management and banking services
- Budgeting
- Accounting supervision
- Bookkeeping or accounting staff supervision
- Compliance support
- Tax Management and Support
- Financial and analytical reporting
We have found that entrepreneurs are not getting the best out of their accounting system because there are significant errors in the accounting entries and hence the Profit and Loss Statement and the Balance Sheet has significant misstatements. We provide virtual part-time accounting supervision services to micro businesses. No monthly commitment is required, service is provided as when needed.
Supervision services includes taxation support, custom financial reports and analytical reports that will help you to make the right decision for your business success. We are experienced in working with Xero, Zoho, Quickbooks, Odoo, Microsoft Dynamics, SAP, Oracle, Tally and much more.
Under this service we also provide FREE technical advisor services for Xero Accounting software. Don’t have an accounting software? We can implement Xero Accounting software for your business (one of the best accounting software worldwide for micro, small and medium size businesses).
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. Even if your business is not profitable currently, if there is no effective cash management, business may fail to survive. 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 will coach you in strategies and guide you to manage customer credit relations. Please read our article on What to do with Delinquent Customers
“Debt can be bad, if managed badly”
At any point in a business lifetime there may be need for some leveraging. 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 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.
Pricing analysis provides in dept information of customer behavior in regards to current price offering in different business environment. 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. 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.
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 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. 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
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 60 minutes consultation with our Strategy and finance coaches.