Business Advisory

Sometimes it’s hard to know the direction you want to take your business. Our business advisory services are customizable to your needs. 

Fractional CFO

CFO Services: A Cost-Effective Solution for Your Business

Businesses of all sizes benefit from hiring a Chief Financial Officer (CFO) or controller. But many small business owners worry that they can’t afford it. Maybe you’ve been trying to take care of your business financials in your spare time (or ignoring them altogether), but quickly realized it’s a losing battle because unless you’re an accounting professional yourself, your expertise lies elsewhere.

Fortunately, there is a cost-effective solution: part-time, outsourced CFO services.

Experienced, Knowledgeable and Trustworthy, We're
in Your Corner.

When you take advantage of our outsourced CFO services, you get a dedicated, experienced financial professional who helps you make the tough business decisions you need to guide your business to future success.

You’ll also have a better understanding of the financial side of your business based on hard numbers. No more guessing about whether you’ll qualify for that loan to buy more equipment or wondering why you’re always short of cash.

  • Prepare monthly, quarterly, or annual financial statements
  • Financial forecasting
  • Accounts payable and receivable
  • Provide guidance for increasing cash flow and improving profitability in support of future financial goals
  • Strategic tax planning
  • Tax compliance (sales use and payroll taxes)
  • Set up an accounting system and control

 

Internal Controls

Mitigating Risk and Protecting
Your Business From Fraud

Every business faces risk, but with an effective system of internal control measures in place, that risk is mitigated. This is not a task that is easily accomplished in-house, however, because as a business owner, your focus is running your business, managing employees, and turning a profit. 

Effective Internal Control Systems That Meet Your Business Needs.

As trained professionals, we have assisted many business owners in creating effective internal control systems to prevent employee fraud, ensure compliance with regulations, and make sure company policies and procedures are in place so that your business operations are effective and efficient. We work with your business to identify and document weaknesses with existing internal controls, then perform procedures to test whether the current internal controls you have in place are effective. Finally, we offer recommendations in a report of findings that can be used to strengthen your internal control systems, and that reflect the needs of a particular business.

What we do for you:  

  • Recommend segregation of duties for implementation by dividing responsibilities so that no single person has control over all aspects of financial transactions.
  • Make sure transactions are authorized through delegating approval authority to an individual only when the transactions are consistent with policy and funds are available.
  • Ensure records are routinely reviewed and reconciled by someone other than the preparer or transactor.
  • Ensure that equipment, inventories, cash, and other property are accounted for. 
  • Physically secure, periodically count, and compared with item descriptions shown on control records.
  • Provide employees with appropriate training and guidance to carry out their job duties.
  • Set up proper channels for reporting suspected improprieties.
  • Document policies and procedures and make them accessible to employees.
  • Review operations to determine whether the results are consistent with established objectives and goals and carried out as planned.
A modern conference room with a long white table, orange chairs, a wall-mounted TV, a glass whiteboard, and orange curtains framing glass doors at the far end.

Human Resources Support

Managing people is one of the most important—and time-consuming—parts of running a business. At Empower Accounting Solutions, we provide HR services with a financial focus, helping small businesses in Puyallup, Pierce County, and the South Puget Sound stay compliant, organized, and efficient. Our goal is to simplify the processes behind payroll, compliance, and employee management so you can focus on leading your team.

What We Can Do for You

  • Employee onboarding and payroll setup

  • Benefits and third-party withholding coordination (insurance, retirement, etc.)

  • Payroll tax compliance and reporting support

  • Recordkeeping systems that meet state and federal requirements

  • Certified Payroll Reports for Washington State L&I

  • Guidance on wage, hour, and overtime compliance

  • Year-end reporting and W-2/1099 preparation

  • HR process consulting to streamline hiring, payroll, and employee management

Client Reviews

FAQs

What are business advisory services, and how can they help my company?

Business advisory services provide expert guidance to help you make smarter financial and operational decisions. At Empower Accounting Solutions, we tailor services to your needs—whether that’s CFO-level financial oversight, internal control setup to protect against fraud, or HR support to keep your business compliant and efficient.

A fractional CFO (part-time or outsourced CFO) gives you access to executive-level financial expertise without the cost of hiring a full-time employee. This helps small and mid-sized businesses improve cash flow, increase profitability, secure financing, and plan strategically—without straining their budget.

You’ll work with a dedicated financial professional who prepares regular financial reports, builds forecasts, oversees accounts payable and receivable, and provides strategic tax planning. We function as part of your leadership team, but on a flexible, cost-effective basis.

Any business looking for better financial insight and strategy can benefit. We commonly work with small to mid-sized businesses in industries like hospitality, construction, transportation, retail, agriculture, and service-based sectors.

Internal controls reduce the risk of fraud, errors, and non-compliance by creating checks and balances in your financial processes. This includes segregating duties, authorizing transactions, reconciling accounts, securing assets, and ensuring policies are documented and followed.

A fractional CFO (part-time or outsourced CFO) gives you access to executive-level financial expertise without the cost of hiring a full-time employee. This helps small and mid-sized businesses improve cash flow, increase profitability, secure financing, and plan strategically—without straining their budget.

Yes. We evaluate your current internal controls, test their effectiveness, and provide recommendations in a clear report. If weaknesses are found, we’ll help you implement stronger systems to reduce risks moving forward.

We assist with payroll setup, compliance reporting, employee onboarding, benefits coordination, wage/hour compliance, certified payroll reports (WA State L&I), and year-end reporting (W-2/1099). We also provide consulting to streamline HR processes and improve efficiency.

Our HR services are particularly tailored to businesses in Puyallup, Pierce County, and the South Puget Sound. However, we can also assist out-of-area clients with general payroll compliance and HR process consulting.

Pricing depends on the scope and type of support your business needs. Because our services are customizable, we’ll create a package that aligns with your budget while delivering the highest value.

We start with a consultation to understand your business challenges and goals. From there, we recommend the right combination of CFO, internal control, and HR support services to give you clarity, efficiency, and peace of mind.

Have questions or ready to get started? We’d love to hear from you.