As your business grows, your financial administration needs become more complex. From organizing and filing taxes to managing document storage to making sure bills are paid on time, it can become too much alone. Eventually, you find yourself doing a juggling act — running the company and managing the finances (even if there are some things you may be missing).
3 min read
It’s hard to know when to open up to your kids about family assets and wealth. At some point, you probably plan on leaving them the assets you’ve worked so hard for. As a parent considering the next steps for your private wealth, you may be thinking:
2 min read
Choosing to maintain internal accounting staff and resources or to make the shift to outsourcing can be a difficult decision. This choice looks different for everyone, but thinking through the advantages and disadvantages of each will help you make the right call for your family or business.
Topics: Outsourced Accounting
3 min read
If you’re on the path to outsourcing a portion or all of your financial administration and reporting, you need to select the right firm to help you:
- maintain privacy
- save time and money
- simplify your office
- scale to the growing complexity of your financial goals
But to choose the best candidate for your family or business financials, you need to start with creating a quality request for proposal (RFP) — a document that sets your expectations from the start. While putting together an RFP can take some time and effort on the front end, it helps ensure you receive quality responses and key information from serious candidates.
Here’s how you can write a successful RFP to streamline your firm selection process and select a strong partner with whom you can trust your financial administration.