Stage 5: Maturity

When a company has achieved 7% growth every year, its financial needs change. Guidestar Accounting can help you get the most out of your income with a quarterly review of financial information.

We can help you plan:

• Investments
• Reserve funds
• Cycling of money so it’s available
• Quick reaction to changes in the economy
• New business start-ups
• Retirement
• Sales of business
• Sustainability

This stage of business development involves big decisions:

    • Are repairs/upgrades to equipment cost-effective?
    • Are repairs to buildings cost-effective?
    • Is franchising your business feasible?
      • What requirements are needed to franchise?
      • What kind of financial documents are required?
      • Guidestar Accounting and Business Solutions can streamline this process
    • What about sustainability issues for the business?
      • If the owner retires/leaves, who takes over?
      • Is Key Person Insurance needed on any key employees?