SPACE

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SS&G and Bruce Friedman believe an accountant's job requires much more than crunching numbers. As a trusted adviser, he understands his clients' goals and the means required to get them there.

One such example involves a client that had regular opportunities for new business but limited means of pursuing them. Although the company was profitable on paper, cash was not readily available for it to operate as needed - due to the nature of the client's specialized business. To keep the company going, its owners had to borrow cash from various third parties. The client's existing bank had limited the maximum amount of credit available on the line of credit, and local banks turned it down for an increased line. The company was facing the possibility of shutting down.

Bruce put the client in touch with a trusted source with access to numerous financial institutions in the area. In addition, the business's key adviser was located in another state. The two contacts met, and the referral started to work. In six months, the company was able to close on a deal with a bank that doubled the existing line of credit. In addition, the client was able to pay off its third-party debt and had the cash availability to take on the clients it previously had to turn away.

Today, the company's sales have increased by 50 percent, bottom line has more than doubled, and cash flow concerns barely exist - all because of a simple introduction that stemmed from listening and nurturing the relationship.

SS&G is one of the largest independent accounting and business consulting firms in the country. With offices in Ohio, Illinois, Kentucky, and North Carolina, we provide our diverse, nationwide client base with tax, assurance, employee benefit, payroll and consulting services.

Contact us to learn how we can help you succeed.