Red Bike Advisors Breakaway Business Packages

Breakaway from the pack with Red Bike Advisors, your finance & tax partner for business growth

Accounting & Tax Starter
Starting at

$650/month

Ideal for sole proprietorships and small but growing businesses. 

Package Details

  • Monthly Accounting
  • Delivery by the 25th of month
  • Business tax preparation
  • Business tax audit protection
  • Year-end income tax projections
  • Phone, email, video meetings

 

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Why Partner with Red Bike

  • Transparent, fixed pricing
  • Holistic team approach
  • Timely communications
  • Invested in your success
Accounting & Tax Standard
Starting at

$1250/month

Ideal for small businesses with employees and contract staff.

Package Details

Everything from STARTER, plus:

  • Payroll (setup and/or full service) and/or
  • Bill Pay

 

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Why Partner with Red Bike

  • Transparent, fixed pricing
  • Holistic team approach
  • Timely communications
  • Invested in your success
Accounting & Tax Growth
Starting at

$1650/month

Ideal for growing companies with specialized advisory needs.

Package Details

Everything from STANDARD, plus:

  • Monthly or quarterly Financial Fitness Checkup with dedicated Virtual CFO



See full details >>

Why Partner with Red Bike

  • Transparent, fixed pricing
  • Holistic team approach
  • Timely communications
  • Invested in your success

*Pricing is customized for you based on your unique needs, plus any optional add-ons, during your initial free strategy session and in ongoing business reviews.

Add Ons

Individual Tax Preparation & Planning

Preparation, filing, and planning for owner’s personal Federal and State tax returns

Starting at

$ 200 Monthly

Budget Creation & annual Update

Annual budget preparation, integration into QuickBooks Online, and monthly Budget to Actual reporting

$1,100 plus

$ 75 Monthly

Mergers & Acquisitions

Whether you’re buying or selling a business, we assist with financial due diligence, cash flow modeling, budgeting, and advisory ; plus post-close accounting, tax, and advisory

Virtual CFO

Forecast and grow with cash flow management and reporting

Starting at

$ 2500 Monthly

Tax controversy & resolution

Resolve IRS and state taxing authority notices and back taxes once and for all.

Fraud & Forensic Accounting

From divorce cases to business partner disputes to insurance claims, leverage the experience and insight of our forensic accountants in and out of the courtroom.

Breakaway Business Packages Deep Dive

StarterStandardGrowth
Accounting: Categorize bank and credit card transactions✔️✔️✔️
Accounting: Reconcile all bank accounts, credit cards, and loans✔️✔️✔️
Accounting: Reconcile payroll records to financials✔️✔️✔️
Accounting: Record any adjusting journal entries as needed✔️✔️✔️
Accounting: Month-end close✔️✔️✔️
Accounting: Delivery by the 25th of month with customized “Know Your Numbers” reporting✔️✔️✔️
Tax: Preparation of business entity Federal and State income tax return✔️✔️✔️
Tax: Preparation of business property tax listing, annual report, and sales tax (as applicable)✔️✔️✔️
Tax: Business tax audit protection – respond to all IRS and State correspondence on your filings✔️✔️✔️
Tax: Preparation and Filing of 1099 forms*✔️✔️✔️
Tax Planning: Year-end business tax projections✔️✔️✔️
Advisory: Phone, email, and video meetings as needed and within the scope of current services✔️✔️✔️
Payroll: Monthly, semi-monthly, bi-weekly, or weekly full-service payroll ✔️✔️
Bill Pay: Weekly accounts payable management✔️✔️
Virtual CFO: Monthly or quarterly Financial Fitness Checkup with dedicated Virtual CFO ✔️
Individual Tax: Preparation, filing, and planning for owner’s personal Federal and State tax returns Add onAdd onAdd on
Budgeting: Annual budget preparation, integration into QuickBooks Online, and monthly Budget to Actual reporting Add onAdd onAdd on
Virtual CFO: Forecast and grow with cash flow management and reporting Add onAdd onAdd on
Mergers & Acquisitions: Financial due diligence, cash flow modeling, budgeting, and advisory Add onAdd onAdd on
Tax controversy & resolution: Resolve IRS and state taxing authority notices and back taxes once and for all Add onAdd onAdd on
Fraud & forensic accounting: Divorce cases, business partner disputes, insurance claims, and more Add onAdd onAdd on
Finance Strategy Starter

Set measurable targets and manage cash flow for growth.

Starting at

$2,500/month

Ideal for growing companies with $500K-$1.5M revenue and 5-15 employees

  • Monthly actuals to budget, cash flow, rolling forecast
Finance Strategy Standard

Forecast and grow with cash flow management and forecasting.

Starting at

$4,500/month

Ideal for growing companies with $1-5M revenue and 10-50 employees

  • Biweekly actuals to budget, cash flow, rolling forecast
Finance Strategy Growth

Analyze, predict, and optimize with CFO as key member of your management team.

Starting at

$6,000/month

Ideal for structured organizations with $5-20M revenue and > 50 employees

  • Weekly actuals to budget, cash flow, rolling forecast
  • Headcount & compensation planning
  • Marketing performance
  • Scenario planning: Lag, Pack, Lead

*Pricing is customized for you based on your unique needs, plus any optional add-ons, during your initial free strategy session and in ongoing business reviews.

Add Ons

Business Accounting & Tax Prep & Planning

Preparation, filing, and planning for owner’s personal Federal and State tax returns.

Starting at

$ 650 Monthly

Individual Tax Preparation & Planning

Preparation, filing, and planning for owner’s personal Federal and State tax returns.

Starting at

$ 200 Monthly

Mergers & Acquisitions

Whether you’re buying or selling a business, we assist with financial due diligence, cash flow modeling, budgeting, and advisory ; plus post-close accounting, tax, and advisory.

Tax controversy & resolution

Resolve IRS and state taxing authority notices and back taxes once and for all.

Fraud & Forensic Accounting

From divorce cases to business disputes to insurance claims, leverage the experience and insight of our forensic accountants in and out of the courtroom.

Virtual CFO Deep Dive

StarterStandardGrowth
Monthly Actuals to Budget✔️
Monthly Cash Flow Analysis✔️
Monthly Rolling Forecast✔️
Bimonthly Actuals to Budget✔️
Bimonthly Cash Flow Analysis✔️
Bimonthly Rolling Forecast✔️
Weekly Actuals to Budget✔️
Weekly Cash Flow Analysis✔️
Weekly Rolling Forecast✔️
Headcount & Compensation Planning ✔️
Marketing & Sales Performanc✔️
Performance by Department, Location, Product/Service Lines✔️
Scenario Planning: Lag, Pack, Lead ✔️
Business Accounting & Tax Prep & Planning Add onAdd onAdd on
Individual Tax: Preparation, filing, and planning for owner’s personal Federal and State tax returns Add onAdd onAdd on
Mergers & Acquisitions: Financial due diligence, cash flow modeling, budgeting, and advisory Add onAdd onAdd on
Tax controversy & resolution: Resolve IRS and state taxing authority notices and back taxes once and for all Add onAdd onAdd on
Fraud & forensic accounting: Divorce cases, business partner disputes, insurance claims, and more Add onAdd onAdd on

What Clients Say

Don’t take our word for it: hear directly from some of the 400+ clients who trust us with their finance & tax strategy.

Why Partner with Red Bike Advisors

Fixed Pricing, No Surprises

In your free strategy session, we uncover exactly what you need to sustain and grow a healthy business and design a clear but customized plan for you with no hidden costs or misc. fees.

Scale Up or Down

As your business grows and your needs change, we proactively recommend adding services to continue fueling growth or stopping services you’re ready to take in-house.

Year Round Support

Timely communications and regular phone calls, emails, and video meetings as needed within the scope of your current services.

Confidence in Your Finances

Clarity on taxes. Security with cash flow. Confidence to grow. We’re your accounting & tax partner in a thriving, successful business.

We take the confusion and scramble out of small business accounting and tax and bring in clarity, growth, and peace of mind. How can we help you?

Looking for pricing for Fraud & Forensic or Tax Resolution services? 

Fraud & Forensic

Investigating fraud claims, analyzing financial information for legal proceedings or government / client review, and providing expert opinions is a highly specialized area of accounting and requires a custom solution.

Tax Controversy & Resolution

Whether you're dealing with federal or state returns, back taxes, or fines, our transparent pricing and flexible payment options will alleviate uncertainty during this difficult and confusing process. Read more and get a custom fixed price quote.

Frequently Asked Questions

Virtual CFO and Finance Strategy

A Virtual CFO is a perfect happy medium between a Fractional CFO and a full-time, in-house CFO. Typically, a Fractional CFO is called in for a period of time, often in a turnaround situation where a company needs financial help, fast and furious, and they help make hard decisions to keep the company afloat and eventually to thrive. Or, they may be called in to fill in for someone on a leave of absence or while the CEO regroups after the CFO’s departure and considers next steps.

A full-time CFO is an employee of your organization and is appropriate for larger companies, but generally unaffordable for small businesses. Which brings us to a Virtual CFO: At Red Bike Advisors, we believe that every small business should have access to financial and tax insights that create exponential value for their companies, customers, employees, and families. Our Virtual CFOs are long-term partners that work with you and  your management team to create and execute on your business and tax strategy. We combine a deep understanding of how finance plays a role in business growth combined with a deep understanding of your specific business, industry, and strategy to help you achieve your growth goals.

A Virtual CFO is like an extension of your leadership team that takes your strategic business goals and translates them into financial drivers that will help you meet those goals. Common goals we tackle from the financial perspective are revenue growth, profit growth, determining and saving the right amount of working capital, fostering a customer-centric culture, attracting, recruiting, and retaining top talent, and creating transferable business value for when you’re ready to exit.

If we were to draw a Venn diagram, there would be an overlap in the two circles of “Virtual CFO” and “CPA” because sometimes they are both, and sometimes not. A CPA is a good professional license to have for our Virtual CFO and Tax Strategy services, but it’s not required. What is required of our VCFOs is business finance experience as a CFO, CPA, senior financial analyst or controller, plus soft skills around strategic, “analytically creative” thinking, the ability to analyze data, form insights, and recommend courses of action, and excellent communication. 

We typically start working with growing companies once they’ve passed $2M in annual revenue or are a funded startup. This is where you need to make critical decisions around hiring, forecasting, and budgeting that could make or break your cash flow situation and therefore your business.

Prior to that, we offer monthly and quarterly Financial Fitness Checkups to review your Management Reports and make recommendations.

Often when companies hit around the $20M mark, they “graduate” from our Virtual CFO services to their own full-time staff.

P.S. You can also take our 5-minute Financial Fitness Checkup and see whether you’re ready for your own VCFO.

First of all, we think of our services as an investment rather than a cost center. What’s the difference? A cost is something you put money into but don’t get a ton of exponential value from. With an investment, you put money in and get more money back! An investment in strategic finance and tax planning will help you grow your business, bring clarity to your finances, and help you answer big questions like when to hire and how to position for exit.

That said, see our average pricing above. We’ll do a free Strategy Session with you to understand your business and growth goals, then proposed a customized but fixed price for everything you need to achieve those goals. Why don’t you go ahead and get your session booked now?

We start with a free strategy session in which we get to know you, your business, and your growth goals. Then we put together a flat-fee services proposal that is designed to help you meet (and exceed) those goals. When you accept the proposal, we schedule a formal kickoff and onboarding period in which we create your 3-year strategic plan, annual operating plan, and cash flow plan, and build out the processes and dashboards to operationalize those plans, execute on them, and analyze performance. For more information on the process, see our Virtual CFO Services page.

We work with small but growing businesses in all industries that are earning between $2M and $20M in revenue. While there are certainly industry-specific nuances, drivers, and KPIs, every small business is focused on one or more of these key drivers: Revenue growth, profit growth, determining and saving the right amount of working capital, fostering a customer-centric culture, attracting, recruiting, and retaining top talent, and creating transferable business value for when you’re ready to exit.

Within those goals we can generally break down into service businesses or lines of business and product businesses or lines of businesses. That changes the key drivers of each goal; for example, if your goal is growing profit margin from 5% to 20%, if you’re a service-based business we’re going to look closely at your headcount and utilization; if you’re a product-based business we’re going to look closely at COGS and CapEx.

Finally, we do have a particular focus on dentists & medical professionals as well as B2B services and professional services.

Our mission at Red Bike Advisors is to equip our clients with financial and tax insights that create exponential value for their companies, customers, employees, and families—and ultimately create generational wealth. Like you, our CEO Gretchen Roberts is a small business owner who has always craved a strategic relationship with her finance, tax and accounting partner, but many accounting and tax firms reactively call once a year for tax papers and don’t truly advise unless you ask them a direct question. (Which means you already have to know what to ask instead of relying on them to analyze your situation and make proactive recommendations!)

We set out to create the kind of services that we’d want as a business owner that will help her answer big questions like “how many people do I need to hire this year to meet my growth goals?” and “how much cash should I keep in the bank?” and “which marketing tactics and channels should I double down on?”

If you crave that kind of relationship with your finance & tax strategy advisor, then give us a shout.

Not that we love losing clients, but we LOVE losing clients because we’ve helped them grow to the point that they have actually outgrown us! We are thrilled to work with you in any capacity to ensure a successful transition, including participating in your interview panels, helping to onboard your new CFO, and ensuring a smooth transition between us and them.

Frequently Asked Questions

Accounting & Bookkeeping

Bookkeeping is likely what you did yourself or had a family member do for you when you first started your business. It’s the daily work of identifying, classifying, and recording all transactions of the company. Bookkeepers often pay bills, run payroll, and other similar work that keeps the financial lifeblood of the business pulsing. 

Accounting is a higher level review role of the work of the bookkeeper, ensuring that the financial records and statements are correctly reconciled and categorized. Accountants are responsible for reporting on the business finances and providing an overview of the financial health of the company, as well as ensuring the books are tax-ready.

As soon as possible after you start your business–ideally you’d make the investment to ensure that you have a clear, up-to-date picture of the financial health of your business from the start. (Plus, most business owners would put accounting at the BOTTOM of their list of interesting things they want to do during the day.) 

But, as the Chinese proverb says, “The best time to plant a tree is 20 years ago. The second-best time is now.” In other words, you’re here because you’ve realized how valuable your time is and that what you’re doing today with your books and taxes is holding your business back. So don’t wait–get your finances in order today.

We love setting up books from scratch, because we get the opportunity to do it right from the start. That said, we bring on many clients with not-so-clean books, and we do catch-up and clean-up to get them back into great shape. Here are some of the common mistakes we see when taking over many of our small business owner clients’ books:

  • Accounts payable not cleared against payments
  • Incorrect opening balances of accounts
  • Bank and credit card accounts not reconciled properly
  • Balance sheet not set up correctly to account for setup expenses, loans, etc.
  • Chart of accounts not optimized for business insights and tax savings

(By the way, if this sounds like a foreign language to you, that’s what we’re here for! It’s truly amazing how clean, up-to-date books can transform your view of your business finances. You don’t necessarily need to know every stage of how the sausage is made to enjoy the end result.)

In addition to monthly bookkeeping and accounting services, we offer payroll setup and/or ongoing payroll; bill pay; Quickbooks Online setup and training; clean-up and catch-up work; and Virtual CFO strategic finance services that range from a monthly look at your historical financials to dedicated financial planning services such as cash flow forecasting and scenario planning. 

We also typically bundle tax strategy and filing services with monthly accounting services so you can rest easy knowing your financial house is in order.

We believe that clean books are the foundation for strategic tax planning, and that having your accounting team and tax team under the same virtual roof means that we can work together to minimize your tax burden. We typically bundle together monthly bookkeeping and accounting services with business tax preparation and planning and (if applicable) individual tax preparation and planning. 

That said, we offer a free Strategy Session with you to understand your business and growth goals, then proposed a customized but fixed price for everything you need to achieve those goals. Why don’t you go ahead and get your session booked now?

Not to sound like a lawyer, but it depends, primarily on the size of your business and the number of transactions. We typically bundle together monthly bookkeeping and accounting services with business tax preparation and planning and (if applicable) individual tax preparation and planning and Virtual CFO services. We offer a free strategy session to discuss your needs and how we can help you reach your business goals with monthly bookkeeping, tax strategy and filing, and virtual CFO services as needed. Meanwhile, check out our pricing page for typical package prices.

On the bookkeeping front, we work with small but growing businesses in all industries that are earning between $500K and $20M in revenue. While there are certainly industry-specific nuances, drivers, and KPIs, every small business is focused on one or more of these key drivers: Revenue growth, profit growth, determining and saving the right amount of working capital, fostering a customer-centric culture, attracting, recruiting, and retaining top talent, and creating transferable business value for when you’re ready to exit.

Clean books are the foundation for smart tax strategy and healthy financial decisions, and we recommend professional bookkeeping and accounting services to every small business owner who would rather work on your business, not receipts and reconciliations. 

Finally, we do have a particular focus on dentists & medical professionals as well as B2B services and professional services.

Our mission at Red Bike Advisors is to equip our clients with financial and tax insights that create exponential value for their companies, customers, employees, and families—and ultimately create generational wealth. Like you, our CEO Gretchen Roberts is a small business owner who has always craved a strategic relationship with her finance, tax and accounting partner, but many accounting and tax firms reactively call once a year for tax papers.

Working with a firm dedicated to your monthly financials ensures that you’re always able to make timely business decisions and are tax-ready.

If you crave that kind of relationship with your finance & tax strategy advisor, then give us a shout.

Absolutely! Our Virtual CFO services take your squeaky-clean books and up-to-date financial reporting to the next level with services like cashflow forecasting, scenario planning, and KPI tracking. And having a strategic financial advisor to bounce ideas around with as an ancillary member of your management team is priceless. You can explore our VCFO services here, or book a free strategy session to discuss your specific needs.