Overview of Services

Many small business owners are unsure which financial services they need to run their business. They often focus on tax preparation, payroll, and bookkeeping while giving little attention to budgeting, cash management, financial insights, and decision support. 

At Watch Her Grow, we offer a flexible array of services that can be performed on a one-time or recurring basis. Because we are a small, boutique firm, we have the flexibility to serve our customers’ unique needs. If you don’t see something you need listed here, please inquire. Fees are either hourly rates or flat fees, depending on the service provided.

You got your business off the ground, but you need help keeping your books and aren’t ready to hire a full-time financial employee. We offer outsourced, cloud-based bookkeeping and accounting support that allows you to access your books from anywhere you can safely access the internet. 

• Establish your company on QuickBooks or access your existing QuickBooks software
• Create and send customer invoices
• Contact customers regarding late payment
• Pay vendor invoices
• Record credit card and bank transactions
• Record loan interest and repayments
• Record accruals, deferrals, prepaids, and other balance sheet transactions
• Reconcile bank, credit card, and other balance sheet accounts

Do you feel comfortable using QuickBooks for general bookkeeping, but need a financial expert to help with journal entries or to review and explain your financial results? We have over 30 years of experience sharing and explaining results to boards, company leaders and non-financial employees and owners.

• Prepare unaudited financial statements with comparison to budget or prior year
• Prepare commentary to financial statements
• Liaison with your auditor
• Liaison with your tax preparer

Do you use a payroll service provider, but are tired of the time it takes to process payroll and track salary and benefit costs? We can help!

• Process payroll using your payroll service provider
• Track actual and forecasted personnel costs
• Track commissions or other sales incentives

Do you have a handle on your taxes and bookkeeping, but don’t know how long your cash will last or how much sales growth you need to cover expenses this year? We provide multi-year, annual or mid-year budgets or forecasts to guide decisions before your issues arise. 

• Prepare financial budgets and forecasts
• Create cash forecasts
• Create long-term financial plans in concert with your strategic plan

Do you need a financial expert, but don’t want to pay for a full-time Chief Financial Officer? We provide a variety of consulting and analytical services to support your business needs and decisions. If you don’t see what you need listed below, contact us. Remember that it is always best to ask for financial review BEFORE you make that big decision.

• Review your business processes and offer improvements
• Review your financial results and identify possible areas to cut costs
• Analyze multiple manufacturing scenarios to determine the low-cost option
• Analyze various employee compensation packages in support of hiring decisions
• Determine if equipment or other asset purchases are financially justified
• Develop contingency plans to minimize financial risk to your budget

Are you getting ready to put your dream product or service into the marketplace and need a financial expert to guide your decisions? We have extensive financial and cross-functional experience launching new products. 

• Prepare a detailed new product cost estimate, including pricing options and margins
• Create a business plan with multi-year profit and loss statements
• Calculate your break even point and your forecasted return on investment
• Provide analytic support for key decisions such as make versus buy
• Establish your company’s financial statements on QuickBooks Online and provide training