Maximizing Your Dime in 2020: Improving Internal Controls
December 30, 2019
Entering 2020 as a Small Business Owner
January 27, 2020
Creating the Support System for Long-Term Success
We began working with Journey Medical, a Baton Rouge-based medical screening company, two years into its business venture. Journey was unknowingly facing several serious compliance issues after switching payroll providers, and financial problems were quickly approaching.
After partnering with our team, we regained legal compliance and educated the staff on the importance of consistently evaluating financial data. We worked to implement practices for better long-term planning, and have engaged in a successful, ongoing partnership for several years.
Challenge:
After switching payroll providers, Journey Medical was unknowingly facing tax and payroll compliance issues.
Solution:
First, we ensured Journey was legally compliant across all areas. We then educated the staff on long-term financial planning and the importance of understanding current financial data.
Results:
Journey Medical avoided any legal repercussions and reached a financially stable position with a long-term plan for success.
