Getting Started with Richtr Financial Studio
It starts with a discovery meeting to see if at a surface level, our two organizations are a mutually good fit. If so, we dive deeper by conducting an initial financial assessment. The assessment helps us confirm we are a good fit for one another as well as allow us to provide your business with a Vision for moving forward in a way that sets a solid foundation for your business to grow and scale over time. To get started, Contact Us!
This is a very common question although, there is no easy answer. This is due to the fact that every business is different. Each one has it’s own individual needs and at various levels. Similar to how a mechanic needs to look under the hood before diagnosing any needed repairs before they can provide a quote for the work, there is no way for us to provide an estimate of costs without knowing what the scope and scale will be. That said, there is no fee or commitment required for us to assess the company’s current situation and provide a suggested approach forward.
No. We work on a predetermined scope for a recurring monthly fee. This helps avoid any discrepancies re. price as you will always know ahead of time what your cost for services will be.
We work with businesses of all sizes from Pre-seed to Series C+. From accounting & compliance to fractional CFO services, our firm is an all encompassing, one stop shop, for all of your accounting, finance & business operations needs.
We asked our clients this very question, here’s their top responses:
>Detail Oriented
>Transparent
>Agile
>Focused
>Supportive
>Knowledgeable
>Industry Experts
We can be up and running within a week. It really comes down to how quickly you want to move forward. That said, due diligence on both sides is imperative. We want to be sure it’s a mutually good fit for both parties.
We take pride in the fact that nearly all of our clients come to us through a referral, usually from current clients. This is likely due to our approach of seeing every client as a partner. As your partner, we engage with CFO-level strategy & guidance that turns your finances into a natural extension of company strategy.
Our firm works with innovation-based startups and scaleups in four main industries:
>>Life Science & Healthcare
>>AI, Software & Cleantech
>>Aerospace & Defense
>>Creative & Service
Our biggest differentiator is our level of customer service. Yes, our solutions & technology are unmatched although, we take pride in providing peace of mind for our clients by doing what we do best so that they can focus on growing their business, hitting milestones, and achieving their goals.
Outsourced Accounting & Business Operations
Our firm was designed to be a one stop shop for the vast majority of your accounting and business operations needs. Our solutions are custom fit to each client and vary according to their industry specific needs.
We’re more than that. Rather than just providing fractional cfo services, we have the capability to be your single source solution to provide a customized solutions suite to address all of your business’ accounting, finance and business operations needs.
The short answer is no. Your business’s financial information is the foundation on which your CFO operates. In order to ensure accurate and timely CFO-level strategy & guidance, we need to know the processes, tech ecosystem, and team members are following our proven methodology and approach.
It is not uncommon that we work hand in hand with an inhouse bookkeeper who acts as a liason between the two organizations. It’s also highly likely that we bring a much greater level of expertise and ability to your business than can be offered by an individual or small team of bookkeepers. ie. Our industry expertise, constantly audit ready financials, top tier solutions, established processes & ability to address everything from bookkeeping to CFO-level strategy & guidance.
Rather than focusing backward looking data points, our expertise and methodology provides clients with a full spectrum of services that allows forward looking strategy and empowers leadership teams to make financial decisions with confidence.
Strategy is our strong suit!
>Proformas
>Financial Modeling
>Planning for rapid growth
>Avoiding ceilings
We help your business plan for taxes throughout the year, We also help R&D based startups obtain R&D tax credits. And while we don’t prepare our client’s taxes, we work closely with a 3rd party affiliate to make sure they have everything they need in a timely manner with very little input needed from the client.
Our services scale with you as your business grows. Additionally, we are constantly looking for opportunities to add value and profitability to our clients businesses.
Outsourcing is a great way for small businesses to save on overhead while also improving their own focus and productivity. Hiring skilled experts using streamlined processes is also key to reducing risk while providing access to a wider talent pool. Simply put: outsource for the peace of mind.
In addition to our core finance, accounting, and business operations services, we also provide industry specific offerings to fit the needs of each of our clients. Learn more
Our firm uses best of breed solutions and we are constantly locating and testing new solutions that may to improve our tech ecosystem. Once internal controls are set for a defined workflow, our clients quickly see an increase in their own productivity.
Yes! Let our clients tell you what we have done for them.
As your accounting and fractional CFO, we act as your growth partner. We closely and proactively collaborate with your team using our industry specific expertise to help strategically achieve your goals.
If you are not focusing on your field of expertise or growing the business, you’re likely spending too much time on operational and finance related tasks.
By working with our firm, we allow you to focus your time where it’s most valuable, while our finance ops team makes sure your back-office operational needs are taken care of.
What to Expect from a Partnership with Richtr Financial Studio
We are a diverse and collaborative team of accountants, CPA’s, business advisors and financial specialists. Check out our team page to learn more.
Yes. Once you become a client, you will typically communicate and collaborate with two to three team members that act as an extension of your team and are focused on fulfilling your business’ needs.
Our team has varying levels of experience and industry expertise that serve the majority of our clients’ controller and CFO needs. Occasionally we also collaborate with an in-house or specialist CFO when this is most appropriate to meet our clients needs, i.e. extremely active fundraising or business development.
We meet with clients on a regular basis (typically monthly or quarterly) as defined up front to best meet the needs and budgets of the business. We are also available between meetings to address more time driven matters.
Yes! Let our clients tell you how we’ve helped fuel their growth.
We work with clients using collaborative technology and workspaces to provide ongoing transactional needs, monthly or quarterly Controller/CFO meetings, year end tax, compliance and audit support.
Our firm helps clients obtain funding by positioning them for capital (investor ready proforma, data room support, accounting, etc.). In some cases we also make investor intro’s.
