It’s hard to talk about successes at this time, so we will instead focus on the ways we are helping, and can further assist our clients: assisting clients with cash flow forecasting – providing historical financial details for SBA loan applications helping navigate requirements and filings for furloughed employees calculating essential expenditures, and identifying discretionary...
A number of ZümiFi clients have been paying attention to the changes brought about in California now that AB5 is in effect. One of those clients realized that she will no longer be able to pay one of her part-time assistants as independent contractors. If you recall, AB5 now provides VERY strict definitions of who...
Backed up! Who doesn’t know that feeling? We all have tons going on, and for one of our clients, this was most definitely the case. In fact, we were recently discussing with him how we can try to prevent him from getting so backed on things he needs to provide us with so we can...
One of our crackerjack Account Managers, Megan, had one of her clients reach out. This client was presented with an opportunity to purchase two other businesses that are in the same industry as his. Amongst the many challenges, was the client’s need to sort out what this might all look like if it operated as...
All tied up! Emily, one of our ZümiFi account managers, recently completed a project for one of our clients who is a law firm. This client needed all their books brought up to date, and more importantly, they needed to account for all the client retainer activity. Emily put on her best Sherlock hat...
One of our account managers, Megan is working with a client who is in a large growth mode. They are also seeking investments to support that growth. So Megan worked closely with the client to develop a five-year forecast. This detailed dive into the financial assumptions for growth was anchored in the client’s actual financial...
We have a newer client who has a LOT going on – the couple each owns their respective own business. They also own rental properties. And of course, they have their own personal financial activity that they want to track. Like many business owners, they are super busy. They pay bills as they need to,...
One of our account managers, Jean recently untangled a mess caused by a third party biller. It seems like they didn’t do their job consistently, and despite being authorized to process numerous invoices for payment they did not! Our client knew things were wrong but didn’t have the time to sort it out themselves directly....
Success for ZümiFi sometimes means that less is more. A great example of that was last week Megan, a ZümiFi Account Manager, had a super short monthly check-in financial review meeting with her client. Why so short? Well, because things were so clear and systems were running so smoothly that the critical information was all...
It’s not uncommon that we are asked to dig into things that occurred before we ever started working with our clients. That’s exactly what recently happened for one of our clients – they received an IRS notice regarding a payroll filing for a prior year. Thankfully, their ZümiFi account manager Patty dug right into it!...