Humble Beginnings

Billy's journey as an entrepreneur started fairly typically and quite humbly, through the launch of a side business that he worked on at night. The business' "assets" were stored under his bed in his small apartment. An accountant friend of his compiled a P&L for him once a year at tax time. 

As his first business found success, he created more companies. He decided he needed his P&L updated monthly. His friend couldn't keep up as she was also working full-time and starting a family, so Billy was forced to search for a new part-time bookkeeper.

A Persistent Problem

After several frustrating years bouncing from one part-time bookkeeper to another, and a huge investment in time onboarding each, Billy decided to just hire a full-time accountant even if he didn't have enough work for one. He sought someone with extra skills, so they could contribute outside of just bookkeeping after the books were updated each month.

That's how Billy met Pat.

A Smart Solution

Pat was a licensed CPA who worked long hours performing advanced work with major international clients in support of one of the Big Four accounting firms after graduating with Cum Laude honors from university.

Upon being hired by Billy, she immediately set to work cleaning up his messy books from the prior year. Once up to date, she established a consistent schedule to complete bookkeeping for the prior month by the same date every month. That was a huge relief and value-add for Billy as he was able to glean insights on the business performance in a timely manner.

More Than Just Bookkeeping

After completing the books each month, Pat started taking on a host of other responsibilities. She collaborated with Billy's tax advisory firm on his annual filings, supported Billy with analysis and audits as he acted as both buyer and seller during M&A processes, built and updated complex cohort retention reports, and performed complicated ad hoc reports to supply the company with critical actionable data. As it relates to finance and accounting, there was little she had not done and could not do.