As a small business owner, you know how important it is to keep your finances in order, but hiring a qualified CPA can be expensive and you risk hiring someone who overcharges you for work or lacks the necessary experience and understanding of the financial needs of small businesses. Using QuickBooks and other technology, I can provide services on a virtual or remote basis.
My goal is to help small businesses realize their full potential by making their financial priorities my own. My mission is to help small businesses organize their finances and make financially responsible decisions so they can achieve success. I am Michael Sordillo, a licensed CPA (NC #21826) with years of experience and aptitude in bookkeeping, accounting, and finance on an "as needed" basis.
For more than 25 years, I've been serving small and family-owned businesses in North Carolina and across the country. I understand how smaller companies work and their unique needs when it comes to their finances.
My goal is to help small businesses realize their full potential by making their financial priorities my own. My mission is to help small businesses organize their finances and make financially responsible decisions so they can achieve success. I am Michael Sordillo, a licensed CPA (NC #21826) with years of experience and aptitude in bookkeeping, accounting, and finance on an "as needed" basis.
For more than 25 years, I've been serving small and family-owned businesses in North Carolina and across the country. I understand how smaller companies work and their unique needs when it comes to their finances.
Services
Over the past decade or so, outsourcing the bookkeeping function of many small businesses became popular and small business owners saw savings in payroll and overhead, among other areas.
Some large national bookkeeping firms emerged, offering the benefit of leveraging well experienced CEO's, CFO and Marketing Guru's, however, many of the clients of these large bookkeeping firms have asset-based borrowing arrangements, due to seasonal products, service-based business or other factors, and end up incurring higher costs, either with the bookkeeping service or through hidden costs with their lender.
Some large national bookkeeping firms emerged, offering the benefit of leveraging well experienced CEO's, CFO and Marketing Guru's, however, many of the clients of these large bookkeeping firms have asset-based borrowing arrangements, due to seasonal products, service-based business or other factors, and end up incurring higher costs, either with the bookkeeping service or through hidden costs with their lender.
Asset Based Loans (ABL) are commercial loans or revolving lines of credit with overall credit limits, but also have further limits, based on the qualifying collateral value of certain assets (eligible collateral value).
Asset Based Loans are a financing tool that enables lenders to provide financing to companies to which it might not otherwise be able to provide financing.
Asset Based Loans are common financing vehicles for companies in specific industries, seasonal businesses, companies with relatively long production cycles, extended sales terms, sales subject to excessive discounts, allowances or other deductions, companies that have had continuous losses or are generally considered to be in a risky industry.
Asset Based Loans are a financing tool that enables lenders to provide financing to companies to which it might not otherwise be able to provide financing.
Asset Based Loans are common financing vehicles for companies in specific industries, seasonal businesses, companies with relatively long production cycles, extended sales terms, sales subject to excessive discounts, allowances or other deductions, companies that have had continuous losses or are generally considered to be in a risky industry.
That's why it's important to find an experienced and knowledgeable CPA who will take the time to understand your business and your goals, and find the perfect balance to keep your finances afloat.
After over 25 years of working in a variety of financial positions, including business valuations, forensic auditing, asset based lending, and even beginning in small business accounting, I've found my passion is helping small businesses.
Coming full circle in my career, I've returned to small business accounting and consulting with a wealth of experience in a variety of industries and different levels of financial institutions.
After over 25 years of working in a variety of financial positions, including business valuations, forensic auditing, asset based lending, and even beginning in small business accounting, I've found my passion is helping small businesses.
Coming full circle in my career, I've returned to small business accounting and consulting with a wealth of experience in a variety of industries and different levels of financial institutions.
How well is your small business keeping track of its finances?
Tracking invoices, daily transactions, bills, taxes, and payroll can be a daunting task, especially for busy companies that don't always have the time to dedicate to regular bookkeeping tasks.
I'm here to help your small business become financially responsible and successful through dedicated bookkeeping services.
When you hire a certified and experienced CPA for bookkeeping services, you can rest assured that your finances are in the right hands.
Tracking invoices, daily transactions, bills, taxes, and payroll can be a daunting task, especially for busy companies that don't always have the time to dedicate to regular bookkeeping tasks.
I'm here to help your small business become financially responsible and successful through dedicated bookkeeping services.
When you hire a certified and experienced CPA for bookkeeping services, you can rest assured that your finances are in the right hands.
Asset based lending (ABL) is a form of lending which is both secured and monitored, because the assets which serve as your collateral must be valued and monitored to ensure they maintain that value.
If your small business or startup doesn't properly monitor or report to your asset based lender, you risk losing the loan and potentially your company.
You need someone who understands the intricacies of ABL lending and how pivotal, yet complex, the ABL reporting process is.
If you're a small business with an ABL, or you're considering an asset based loan for financing, acquisition, or restructuring your finances, let me help you navigate the complexities in the process and help you implement your asset based loans.
If your small business or startup doesn't properly monitor or report to your asset based lender, you risk losing the loan and potentially your company.
You need someone who understands the intricacies of ABL lending and how pivotal, yet complex, the ABL reporting process is.
If you're a small business with an ABL, or you're considering an asset based loan for financing, acquisition, or restructuring your finances, let me help you navigate the complexities in the process and help you implement your asset based loans.
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