RUN A MORE PROFITABLE RESTORATION BUSINESS
WHAT YOU'LL GET AS A CLIENT
REAL-TIME
DATA
To make informed decisions efficiently, you need real-time financial data. We make sure that you have it. We enter and categorize credit and debit transactions daily. We also create concise, user-friendly reports that make keeping an eye on your company’s financial health simple.
RECEIVABLES
MANAGEMENT
If you want to keep your cash flow healthy, an efficient receivables management program is vital. We’ll develop, set up, and automate an effective accounts receivable process that sends out seven emails and seven physical collection letters. How effective is it? We’ve seen it produce cash flow improvements of more than 25 percent.
EXPENSE
MANAGEMENT
Do you know how much you owe? We make finding out easy by managing your account payables and expenses on a daily business. Why deal with the hassle of writing checks? Our services allow you to pay your bills from anywhere.
WEEKLY COLLECTIONS
MANAGEMENT REPORT
We create and track your weekly collections percentages and total receivables. This tells you the cash flow issues and helps you see how the office is performing and improvements that need to be made. We’ve seen it increases receivables by more than 25 percent!
WEEKLY JOB
PERFORMANCE REPORTS
What results are your crew chiefs delivering? You won’t have to wonder with the performance reports we provide at weekly and monthly intervals. You’ll know their job averages and the amount of revenue that they are producing, so it’s easy to see how their performances compare to both industry standards and you own goals. Crew chiefs have used this data to increase their production by $30,000 a month.
WEEKLY SALES
PERFORMANCE REPORTS
What results are your marketing efforts producing? After identifying your referral sources, we’ll track the results to determine the best use of your marketing dollars. Our efforts have led to a 28 percent increase in lead generation.
TAX
PLANNING
Minimizing your tax burden is simply good business. We’ll create a formal tax plan to help you do just that. Our financial expertise may help you reduce your liability by more than $20,000 a year.
MONTHLY JOB
AVERAGES REPORTS
Every month, we’ll prepare a breakdown for each segment of your business and determine the job averages. We’ll keep an eye out for ways to improve these numbers and track the results. Our strategic approach has helped SERVPRO franchises boost their job averages by $1000 per job.
WEEKLY COST
MANAGEMENT REPORTS
Our weekly cost management reports make it easy to see what you need to cover your overhead each week, so you can better manage your cash flow.
WHY CHOOSE US
What makes OnTrack Financial the smart choice for restoration companies? As former restoration professionals with a combined 30 years of first-hand experience, we’ve worked in the trenches. That gives us a level of industry-specific insight that your average accounting professional can’t match.
To make smart financial decisions, you need information that is timely, accurate, relevant and presented in a user-friendly format. With a team that includes Master Water Restorers, IRS Enrolled Agents, respected accounting professionals, and effective teachers, we’re ready to provide just that. Our unique combination of industry insight and financial prowess allows us to quickly identify what’s going on with your business, pinpoint any problems, and offer expert guidance and real-time information.
Whether you’re launching a new restoration business or interested in maximizing the profitability of an established firm, OnTrack Financial can help. We’ve constructed financial systems and tax planning and marketing strategies for brand-new companies. We’ve also worked with reputable restoration firms across the country to increase their profitability with smart cash flow solutions and strategies for stronger sales growth, improved job averages and effective tax planning.
At OnTrack Financial, we provide restoration companies with expert advice and financial services that make managing even complex financial topics simple. Contact us today to learn how we can help you do business better.
RESTORATION FIRMS LOOK TO ONTRACK FINANCIAL WHEN
- They are stuck behind closed doors in piles of paperwork instead of growing their restoration business.
- They are constantly checking their bank account to see how they’re doing.
- Worried, wondering where all your money’s going.
- Frustrated by profits leaks
- Stressed by late notices or penalties and interest from missed payments.
- They have no peace of mind regarding their business financial outlook
- Sacrificing more and more of their family time in order to straighten their business finances out
WHAT OUR RESTORATION CLIENTS ARE SAYING
“Sam and the OnTrack Financial staff continue to give my restoration company and myself excellent advice and service. They have a comprehensive knowledge of both the restoration industry and accounting. They also have an understanding teaching attitude that can put you at ease while trying to learn. This makes the process less stressful and has lent itself very well to productive learning sessions. We received help in the areas of weekly accounting entries, monthly consultation on how my business is performing and strategies on how to take action on any profit leaks and more. They are an excellent accounting firm and exceptional advisors as well!”
– Tony Bertuzzi
“OnTrack Financial depth of knowledge when it comes to the restoration industry, accounting, and taxes has been critical to our success. They are able to communicate with people from all walks of life and help you assess the big picture and steps necessary to get you from Point A to Point B and beyond. I highly recommend their services to anyone looking to running their business better.”
– Miguel Gutierrez
“OnTrack Financial has been an essential part of opening our restoration business. They not only have provided wonderful bookkeeping service but are always available for a quick question here and there. They are patient and help me work through my many mistakes. I highly recommended them to any business owner!”
– Christy Moore