Finance and Accounting Consulting

Managing your sales efforts focuses on the revenues you hope to have tomorrow. Managing your finances focuses on the revenues you ALREADY have.

Management Accounting

What purpose does the accounting activity in your business serve? Does your accounting activity equip you to make informed business decisions. Or, does the work you do in accounting simply satisfy mandates of the IRS, the department of revenue, and maybe your bank or insurance carriers?

Where does you business make its greatest profits? Do you have data to support this at your fingertips? When revenues or profits are up or down, do you know why with complete certainty? If the mandates placed upon your business were removed, would you continue the accounting activities you do today? What is the ROI of your accounting efforts?

The Virtual CFO Solution

How do you obtain Best Practices and subject matter expertise without committing to pay for a CFO’s salary? GuideSource’s Virtual CFO Solution offers the best of both worlds. You have a subject matter expert available to you who serves companies just like yours on a part-time basis. They understand the uniqueness of your business. They also know what works in the industry, have strong relationships with financial partners, and have successfully implemented best practices in multiple companies.

And, because they are consultants, the expense for their expertise is scalable. You control the time your Virtual CFO spends on your business. When you need help with a large endeavor, your Virtual CFO is there with you. When times are lean, you reduce the work your Virtual CFO does and manage costs.

Business Turnarounds

Attempting a business turnaround often feels like performing surgery while riding on a Tilt-a-Whirl. GuideSource has experience leading corporate turnarounds and workouts. We can help guide your business back to profitability to save your company and restore sanity in your life. Read more about GuideSource’s turnaround and workout experience. Read More >>

Sales Tax

Sales tax compliance and sales tax audits are among the most challenging matters companies face today. Sales tax is complex. Auditing strategies are unique. And in an era of state governments starved for revenues, audit activity is markedly higher. Are you collecting the sales tax you should when your customers purchase from you? Are you paying sales or use tax on non-exempt purchases, even when your vendor is out of state or not collecting tax? Companies being audited should not assume self-representation is wise. The best practice to successfully navigate an audit is to assure your company is compliant before the audit ever occurs.