
Elite Accounting Resources
Effective solutions, implemented FAST
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The Virtuous Cycle Accounting & Advisory exists to transform your accounting & finance operations into a strategic advantage. Focus your energy where you excel: leading and growing your company’s operations. And leave the accounting & reporting function to us: we promise to shape it into a key contributor to exceptional performance in your business.
Our Client Relationships
Second Look Financial & Tax Review
Contact us for an analysis of your financial and tax situation. We offer it for free as our introductory service.
It's a great opportunity to see if we're a good match. If we are, you can hire us to bring our ideas to life. If not, you're free to implement the improvements on your own—no obligation.
Didn’t realize you could earn an extra $200K per year by investing your newly-raised investment capital in your existing bank’s treasury account?
Didn’t realize you could save $81K of taxes with a cost seg study?
Didn’t realize you could reduce your state income taxes $231K by switching to an alternative allowable state income apportionment method?
Didn’t realize your current CPA’s accounting method selection caused you to pay $240K taxes one year earlier than necessary?
Didn’t realize you could deduct mixed-use business/personal expenditures for your remote-based business?
Don’t worry – All of these are exact examples I’ve seen in my career and I’ve got your back. If these opportunities are available to you, you won’t miss them after you’ve taken advantage of our free second-look financial & tax review!
Our Services
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Financial Reporting & Consulting
Unlike for traditional accounting compliance services of tax and audit, our clients choose to hire us so that they can understand their businesses better and manage them more profitably.
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Outsourced Accounting, Controller, and CFO Services
In addition to our higher-level reporting and consulting, we can also provide oversight of your internal accounting staff, organize and develop a fully functioning accounting department for your business, and provide CFO-level planning and guidance.
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Divisional Reporting By Business Line
Learn and quantify which of your business divisions are the stars, which are the laggards that require improvement or divestment, and which areas will benefit most from further investment.
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Consolidated Financials For Multiple Businesses
Gain transparency into your disparate business interests by combining them into a single set of financial statements that represent the entire enterprise’s health and performance.
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Business, Intelligence, Key Performance Metrics, & Dashboard Reporting
Go beyond the basic financial statements with quick-read, graphical data showcasing the strengths and weaknesses of the 3-5 key metrics that determine the success of your business. We construct KPIs specific to your company and present them as a visual dashboard alongside your monthly financial statements.
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Advisory and M&A
Avoid bad deals before they happen, capitalize on great opportunities, and, best of all, understand how to differentiate between the two.
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Budgeting & Forecasting
Planning for the year ahead and measuring actual results against forecast is vital to keep your business on track.
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Tax Planning & Preparation
We provide tax planning, projections, and preparation as a complementary service to businesses who use our other expertise. Know your tax liability months in advance; take action now to optimize your outcome.
Industries We Serve
Our clients range from those in their second year of business to others that have been around for over 150 years. The smallest generates $1 million in annual revenue, while the largest brings in $65 million. While we avoid a few rare exceptions, we're generally industry-agnostic and can support most owners and entrepreneurs by taking the time to understand your business and determine how we can work together effectively.
SaaS & Technology Startups
Some of our most enduring client relationships have been in the SaaS industry. We understand the need for timely, accurate financial reporting and forecasts for board and investor decks, capital raises, and budgeting for growth.
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Auto & RV Dealerships
We bring our experience with dealer management systems to the auto and RV dealership industry. Our expertise helps us track KPIs with pinpoint accuracy, such as gross margin on new vehicle sales, used vehicles, parts, and service.
IT Managed Service Providers
Let us handle tracking of your inventory, revenue, gross profit by product line, and tax planning and preparation needs.
PBM Benefits Consulting
Let us assist you with billing, A/R management, financial reporting, and the nuances of remote and work-from-home tax breaks. Meanwhile you’ll have more time to focus on what you do best: growing your business.
Third Party Logistics
We can assist with buy-or-lease decisions, tracking results of multiple divisions or businesses, and tracking the relative profitability of employee vs. owner-operator drivers in the logistics industry.
Independent Pharmacies
Our work with independent pharmacies and business owner groups means that we understand industry nuances surrounding 340B, compounding operations, DME, multiple locations, rebates, and DIR fees.
Nonprofits
We understand the accounting needs as well as the unique reporting format standards specific to nonprofits.
Music Studios
Let us help you accurately track divisional reporting for sales and profits from streaming downloads, albums, tours, video content, and merchandise.
Early Childhood Education
Setting up and maintaining billing in your childcare management software, budgeting, and forecasting enrollment and revenue are key areas where we can assist.
Don’t see your industry listed?
We can still help; we excel in understanding business models, applying relevant accounting practices, and teasing out business intelligence that assists you in running your company more profitably and efficiently.
Second-look review of state tax apportionment.