Financial Management That Moves You Forward
Go beyond basic bookkeeping with strategic insights, simplified reports, and hands-on support—designed to help you make smart, confident financial decisions.
Financial Management
Services at a Glance
Monthly Financial
Summaries
Get clear, easy-to-understand snapshots of your finances—what came in, what went out, and what it means—so you’re never in the dark.
Cashflow & Reserve
Planning
Track what’s coming in and going out while setting aside margin for growth. Stay on top of your finances and build a buffer for what’s next.
Budget Creation &
Oversight
Create a smart, realistic budget—then get help sticking to it with regular check-ins, so you stay aligned with your goals (and avoid surprises).
Custom Dashboards &
Reports
No more cookie-cutter reports. I’ll create visuals and data views that show you exactly what you need—by project, grant, service line, or trend.
KPI & Goal
Tracking
Track what matters most—whether it’s revenue goals, program costs, or cost per client. I’ll help you measure progress and adjust when needed.
Accountability
Meetings
Regular meetings (monthly or quarterly) where we review your numbers, answer questions, and make smart, timely decisions together.
Financial Management in action
Scenerio
A Chicago nonprofit faced a common challenge: while their expenses remained steady, their income through grants and donations was unpredictable. This inconsistency made it difficult to plan ahead, cover operational costs reliably, and allocate funds to key programs. They needed a strategy to smooth out cash flow fluctuations, ensuring they could maintain stability and fulfill their mission without financial uncertainty holding them back.
Strategy
- Initial Assessment: Financial records were reviewed to understand contributions and expenditure patterns.
- Cashflow Forecast Creation: A six-week cashflow forecast was created, identifying key periods of in- and out-flows.
- Weekly Updates: Weekly reviews and updates to the forecast based on actual transactions were conducted.
- Monthly Review: Monthly analysis was performed to identify trends and make necessary adjustments.
Outcome
The leader of the nonprofit gained a clear understanding of their financial position, managed their expenses better, and planned for future missions.
Case Study 2:
KPI Tracking & Benchmarking Analysis for a Denver-Area Plumber
Scenerio
A Denver-area plumbing contractor approached me with a clear goal: they wanted to gain insight into how their business was performing compared to others in the industry. While they had a general sense of their financial health, they were curious whether their revenue per job, job completion times, and customer satisfaction scores aligned with industry standards. By benchmarking their key metrics against publicly available data, they hoped to identify areas for improvement and refine their strategy to stay competitive.
Strategy
Identify Key KPIs: Focused on metrics most important to the business, such as Revenue per Job, Job Completion Time, and Customer Satisfaction Score.
Regular Tracking: Tracked these metrics consistently, typically on a monthly basis, to establish trends and a baseline.
Benchmark Metrics: Compared tracked metrics (e.g., Revenue per Job, Job Completion Time) to publicly available industry standards to provide valuable context on performance relative to competitors.
Analysis and Recommendations: Analyzed performance, identified strengths and areas for improvement, and provided actionable strategies to close gaps or capitalize on successes.
Ongoing Monitoring: Continued tracking and refining strategies based on updated KPI data and benchmarking insights.
Outcome
The provider gained insights into their performance, identified areas for improvement, and set realistic goals, leading to enhanced business performance and competitiveness.
Case Study 3:
Reserve Planning for Massage Therapist in Washington State
Scenerio
A massage therapist was finding it difficult to manage their finances due to inconsistent income and the challenge of juggling expenses. Without a clear system in place, they often forgot to set aside funds for quarterly estimated federal tax payments, leading to last-minute scrambles and added stress. She needed a structured approach to optimize their profit, manage expenses effectively, and ensure they were financially prepared for tax obligations and unexpected costs.
Strategy
Initial Financial Review: Analyzed financial statements to assess current income and expenses.
Revenue Allocation Plan: Established a strategy to allocate specific percentages of revenue toward key financial priorities, ensuring a balance between profitability and operational needs.
Dedicated Accounts Setup: Opened separate checking accounts for each allocation category to streamline management and maintain accountability.
Allocation Breakdown: Revenue was divided as follows:
- 5% to the Profit account, ensuring consistent savings for long-term goals.
- 15% to the Taxes account to cover estimated tax payments.
- 30% to the Operating account for essential business expenses.
- 50% designated as Owner’s Pay, transferred monthly to a personal account.
Expense Management: Reviewed and managed expenses to ensure they aligned with the allocation plan, reducing costs where feasible to maintain profitability.
Regular Monitoring: Conducted quarterly financial reviews to track progress, ensure adherence to the allocation plan, and address any discrepancies.
Adjustments and Refinements: Made necessary adjustments to optimize allocations, improve cash flow, and support sustainable growth and financial stability.
Outcome
After taking these steps, the owner achieved a healthier financial balance, with consistent profits and better expense management, leading to sustainable business growth and stability.
Frequently Asked Questions
Can Cashflow Management help my organization during seasonal fluctuations?
Yes, cashflow management is especially useful during seasonal fluctuations. By forecasting cash flows and planning for changes in contributions and expenditures, it helps your organization maintain stability and avoid shortages during low contribution periods, ensuring smooth operations throughout the year.
What initial steps should I take to start tracking KPIs?
To start tracking KPIs, first identify the most important metrics that align with your business goals. Then, set specific, measurable targets for each KPI, and establish a system for collecting and analyzing data. Lastly, make sure to regularly review your KPIs to monitor progress and make necessary adjustments.
How do I know if my finances are in good shape?
Start by reviewing your financial reports regularly—your income statement, balance sheet, and cash flow statement. You’re looking for consistency in income, manageable expenses, healthy reserves or retained earnings, and clarity in how money moves. If your reports are confusing, out of date, or showing frequent surprises, that’s often a sign it’s time for support.