Small Business Services
Tesseract can help fix and manage your small business’ finances.
There are over 30 million small businesses in the United States providing over 60 million jobs and impacting local communities in immeasurable ways. These companies are the lifeblood of the economy. Yet, they have shockingly few options for one-on-one expert financial support at a price they can afford. We are changing that.
We’ll support the vital work you’re doing building your small business by giving you financial clarity, literacy, and peace of mind. And you’ll have more time to do the important work that only you can do.
We can help fix and manage your small business’ finances through four primary services:
Core Financial Management
Payroll Support
Budgeting &
Future Planning
Business Office Management
We understand that each company is unique, so we offer every small business a tailored combination of these services to maximize our impact. While we work only on retainer, our pricing is equitable and based on a sliding scale according to your company’s annual gross income.
Core Financial Management
Tesseract’s signature service uses customized bookkeeping and monthly dashboarding to give you a comprehensive understanding of your company’s finances. We also provide a one-time clean-up of your books to make sure we’re working from a solid foundation.
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A one-time books onboarding, as needed: cleanup of the chart of accounts, bank registers, balance sheet, class tracking, and more to establish a new upgraded baseline from which all finance work flows.
Year-round expert cash bookkeeping reconciled monthly
Fiscal year-end adjustments to align with accounting best practices.
Collaboration with your accountant for annual tax preparations.
Government compliance and filings, including annual 1099 processing.
Regular standing meetings to review important financial data using uniquely designed dashboards.
Payroll Support
Making sure your staff gets paid is vitally important, yet processing payroll can feel like a regular drain on your time. Let us handle it so you have one less thing to worry about and we’ll make sure it’s running smoothly on time, every time.
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Develop an ongoing system to collect payroll information from your staff: reporting hours worked, PTO, and more.
Process payroll through your payroll software on time, every time.
Manage employee deductions for retirement plans, health insurance, and more.
Ensure payroll software is accurately filing all tax documents and troubleshoot any compliance issues.
Budgeting & Future Planning
Creating an annual budget and planning for the future is a critical step in achieving financial clarity, literacy, and peace of mind . Our team can develop systems and tools that facilitate functional, impactful budgets and help you track thost budgets alongside other important metrics.
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Lead the process of developing an annual budget.
Report budget vs actuals as part of monthly dashboarding.
Lead a mid-FY reforecast.
Provide financial future casting to help the organization determine viability of long-range initiatives.
Business Office Management
Let us handle the exhausting work of ongoing business office management so that you can focus on growing your business. We’ve developed a highly efficient approach to paying vendors, collecting receivables, coordinating insurance, and all those other tasks that keep your business humming.
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Ownership of the payables and receivables processes, including customer/vendor setup, payables/receivables processing, and year-end compliance.
Ongoing cash flow projections to make sure you don’t pay bills you can’t cover and regular meetings to coordinate payments.
Creation and implementation of company fiscal policies and procedures.
Business insurance support, including annual insurance audits.
You’re in Good Company.
Tesseract is proud to be supporting these companies doing meaningful work in their communities: