FREE QuickBooks Webinar 10/24/14 – Live Instruction!

FREE QuickBooks Seminar

Register on our website now to get great QuickBooks tips to help you maximize your QuickBooks experience! Join Doug Wootten as he goes over some of the best tips he’s found to help people navigate around QuickBooks. Doug will also cover all the different training options that Steiner Business Solutions has to offer. Doug is an Intuit Certified Pro Advisor.

Sample topics Doug will cover:

-Did you know there is an Open Window list that lets you quickly switch between multiple open reports and screens?
-Did you know you can quickly Edit multiple names on lists such as Items, Vendors and Customers all from one screen?
-Do you know the difference between writing a check and making a bill payment?
-Do you know the difference between receiving a payment and making a deposit?
-Do you know how to memorize reports for easy access at a later time?

New Consultant Added To Steiner Business Solutions CFO Services Team

Larry Head shot

Steiner Business Solutions is proud to announce it has added Larry Sugar to its growing team of CFO consultants focused on providing high level financial guidance and strategy execution to small and mid size businesses. Steiner Business Solutions has created an entire new CFO Services division alongside its core business of accounting and tax preparation services to focus on this greatly under served market.

Larry is a senior financial executive with 35 years of operations and management experience in accounting, tax, bank relations, data processing, SEC reporting, budgeting, and planning. He has a successful track record in acquisitions, public offerings, debt restructuring, and cost reduction programs. He has successfully blended his financial acumen acquired as a CFO, controller and assistant treasurer with various public corporations with the entrepreneurial experience of a small business owner. Larry holds an MBA – Finance from Cornell University and is a CPA.

Please contact Larry directly at lsugar@steinerbusinesssolutions.com if you are interested in our CFO Services. He would be happy to provide you a customized CFO Analysis Report.

Steiner Business Solutions Announces New Director of Business Development

Mary Weidner

As Steiner Business Solutions continues to grow and add new services, we have decided to add a new member to our team. We’re excited to announce that Mary Weidner has been brought in to be our Director of Business Development!

Mary brings 18 years of sales, marketing and business development experience across many industries. She will focus on delivering our unique value proposition to the Richmond, VA business community as well as introduce business owners to our awesome new service offering – On Call CFO Services. Mary understands the challenges that owners and CEOs face and passionately believes Steiner Business Solution is the right choice to provide the guidance and financial strategies to handle those challenges.

You can contact Mary directly at mweidner@steinerbusinesssolutions.com if you are interested in learning more about Steiner Business Solutions and what we can offer your business.

SBS Acquires A&B Financial Services

Dan Steiner, President of Steiner Business Solutions, is proud to announce the acquisition of A&B Financial Services, located at 7278 Hanover Green Dr, Mechanicsville, VA 23111. The official transfer of ownership took place on September 1, 2012. A&B Financial Services was owned and managed by Bailey Ashworth. This acquisition is a great fit between two like-minded business owners who value the importance of client relationships and affordable professional services. A&B clients can look forward to seeing many of the same faces they dealt with before as several of the staff, including Mr. Ashworth , who will remain through the transition as contractors and employees of SBS. The office location on Hanover Green Drive will remain – but now SBS will occupy both floors of the building.

Both firms provide clients bookkeeping, payroll, and tax preparation services; but now A&B clients will have even more services and resources available to them to help manage their businesses, grow their profits, and lower their tax obligations. With additional resources invested in the latest technologies, SBS expects to gain efficiencies in the way it provides its services and communicates with its clients.

SBS is proud of the trail it’s blazed in the small business community since opening in 2006. We will continue to challenge the status quo. With the help of our clients and staff, we will continue to look for growth opportunities because we realize there are many small business owners who lack the time or knowledge to effectively manage the financial side of their business, or who still fall victim to outrageous fees and poor service from other providers.

New Seminar to Offer Tips for Business Succession Planning

Planning for the future is essential in the business world. This is especially true for small and family-owned businesses. Steiner Business Solutions (SBS), a local leader in business consulting and development, has announced a new Business Succession Planning seminar to help guide business owners through the important steps of preparing for the day when it’s time to sell the business, or hand over control to a family member or key employee. SBS invites local business owners to attend the seminar on August 17th from 4:30pm – 6:00pm in the Newport Room at the Westwood Club. The event is free of charge. Visit www.steinerbusinesssolutions.com to learn more and register for the seminar.

Dan Steiner, President of SBS, is partnering with Brian Hennaman, President of Spectrum Financial Group, to lead the seminar, which is the first in a series of financial planning events SBS will sponsor and host. The guest speaker will be Rebecca Bowen, an estate planning and business attorney from ThompsonMcMullan.

“Succession planning is a priority for any family business, given that seven out of ten family- owned businesses fail to survive a transition from founder to second generation,” said Dan Steiner, President of SBS. “As a small business owner myself, I know first-hand the importance of planning for the future to ensure my business and my family flourish. Brian and I look forward to talking with local business owners and providing insight on how a well-designed succession plan can lead a family business successfully from one generation to the next.”

Key points covered in the seminar include:

  • Keeping it in the family. Will the business pass to a family member or be sold to a third party?
  • Who is going to run the business post transition? Dealing with issues of new management and split ownership amongst children.
  • Minimizing the tax bite. Tax planning strategies to avoid burdening the family.
  • Making it fair. How to handle transferring ownership without hurting feelings or stressing family members.
  • Funding. How will the succession plan be funded?

Two Local Financial Services Companies Merge

Stewart Custis, Owner of Old Dominion Accounting, has recently merged his accounting and tax practice with Steiner Business Solutions in Mechanicsville, VA. Mr. Custis, a graduate of the University of Richmond, operated his company independently for over 3 years. Mr. Custis stated that a shared business philosophy, interest in contributing to a unique business model, and the opportunity to  expand his service offerings, led to the merger.

“Dan and I found that we share the same philosophies and mentality regarding client service—their best interest is the only interest, be it accounting, tax or financial planning. Combined, we believe we offer our clients an extensive value-added skill set and customer experience.” said Mr. Custis.