Brian T. Frankart, CPA
Accounting | Tax | Consulting
About
I like to help small business owners feel more secure, less stressed, and better informed about the financial health of their passion. Accounting should never just be about taxes, but about you knowing that your finances are being handled well and being able to make well-grounded business decisions.
I'm dedicated to making this a reality with my clients. Unless you run an accounting firm, chances are you also love accounting. I can't promise to change that, but I do believe a mix of education and delegation (that is, me doing things so you don't have to) is an ideal recipe for less anxiety, better decision-making information, and boosted business acumen - what's not to love? Contact me to schedule a free consultation to see if we'd be a good fit!
Services
Accounting
Accounting is not Bookkeeping. Bookkeeping is a funny term. Sometimes it means 'recording transactions', when other times it means 'tracking transactions by Who, When, How, For What, and How Much'. I don't care for the first definition, since that's what the bank is supposed to do. The second one is the bare minimum, which is why I roll that in with some further insight and call it... **wait for it**... Accounting! You need to keep track of the Who, When, How, etc. anyway, but it should be able to tell you something about your business; the results of what you've done, what you're doing now, and where you might be headed. I can help it tell you the story. I can do as little or as much of this as you don't want to do, thus leaving you more time to focus on your business (even just a little).
Consulting
Sometimes you just need an outside opinion. It's a good idea to get a trustworthy, professional one. I've advised on multi-million dollar deals down to buying office supplies, dipped my toes in the murky water of real estate, and picked apart countless contracts and business decisions. If you need a hand with something that involves your business and money, I can probably help out. And if not, I'll be the first to tell you and help you find what you need as best I can.
CFO On-Demand
Feel like your business finances are turning into an insatiable monster you have no control over that eats all of your time and you don't know what to do? I work closely with small business owners who need someone to take care of the inner workings of all the money coming in and going out. I keep my client list short on purpose so I can be flexible on what works for you specifically and provide a personal touch (though it would be nice if a computer could reliably handle bookkeeping). We will work together to customize a set of one-time initial items and recurring monthly/quarterly services that fits your needs, including: Accounting System Setup, Advice on Legal Entity Configuration, Draft Standard Operating Procedures (guidelines for documenting transactions, invoicing, etc.), Budgeting, Preliminary tax planning (estimated tax payments, advise on tax prep options, basic business taxation considerations, etc.), Advise on fee structure, vendor management, financial aspects of contracts (it should be noted that I'm not an attorney and can't give legal advice), Accounting and Consulting Services (see above).