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Start Up

Handy ideas for a designer

Customer

Boutique handbag retailer

Industry

Retail

Opportunity

This young entrepreneur knew that he wanted to focus on his big idea, handbag designs – not learning how to manage the accounting for a business that was just starting. He also knew that, well, he didn’t know what he didn’t know. So he called in the experts.

Solution

First we answered questions. Then we asked questions. We created an ongoing, adjustable, adaptable solution.

That solution included helping our client understand the accounting pieces as well as other business essentials such as insurance, taxes and compliance.

We guided him on how to account for start-up money and made sure his incorporation documents were in order and up to date. He now has a general ledger and inventory system in place, as well as a software platform that saves time and money.

Results

  • Our client experienced tremendous growth.
  • Opened a retail location.
  • All In One helped them build a really strong system around their accounting and finances.
  • We continue responding to our client’s needs and help him think through the next business move.

I enjoy working with clients of All In One Accounting because I know I will receive accurate and timely information that will allow me to have the confidence to make loan decisions that will allow our mutual clients to prosper. The best thing any business that is applying for a loan can do is to present their bank with information that reflects that they have a good handle on their financial position. Working with All In One will allow you to do that!

Jim Louwagie, Vice President/Commercial Banker, Merchants Bank.