As a Woman in Business, you are at the forefront of economic growth and innovation across America. Not only are women owned businesses increasing, but they are also outpacing their male counterparts in growth. However, despite these impressive gains, female founders still encounter significant challenges on the path to success—lack of access to capital being the most prominent. Your business deserves to be financially sound and well-funded.
Female founders receive about 2% of venture capital capital dollars and are 55% more likely than men to cite a lack of capital as a major challenge.
With our help, you'll better understand your finances and unlock opportunities for growth and extend the longevity of your business. We work with you not only to maintain accurate financial records but to explore various funding options, manage cash flows and create a personalized strategy to fuel your growth. So that you can focus on building the business you dream of.
Balancing the roles of founder, wife, mother, friend, sister, and more can be overwhelming and often leads to burnout. We deeply understand the unique pressures that female founders face.
Cash flow management is a significant challenge for female founders, impacting their ability to sustain and grow their businesses effectively. Many women-owned businesses struggle with maintaining positive cash flow due to limited access to capital and financial resources.
Many women are often discouraged from applying for loans due to fear of denial. Effectively telling your financial story is crucial when seeking funding or investment. That means making your business look presentable and compelling to lenders and investors.
Securing capital is a significant hurdle for women entrepreneurs. Traditional financial institutions frequently have stringent requirements that can be challenging to meet, especially for new or small businesses. In fact, female founders are 55% more likely than men to cite a lack of capital as a major challenge.
FMS Advisory is dedicated to helping female founders overcome financial hurdles and achieve their business dreams.
FINANCIAL FORECAST AND MANAGEMENT
Accurate and timely financial information is crucial for making informed business decisions. This includes meticulous record-keeping of all financial transactions, regular financial reporting and analysis, cash flow management and forecasting. With our support, you'll have a clear picture of your financial health at all times, allowing you to make data-driven decisions.
OPTIMIZE OPPORTUNITIES
Securing capital is often a significant hurdle for women-owned businesses. We help you optimize and maximize your funding opportunities by strengthening your financial statements so that you’re fully prepared to present your business in the best light to potential investors or lenders. We also help to Identify suitable funding sources, from traditional loans to venture capital.
RISK MANAGEMENT AND COMPLIANCE
We help you navigate the ever-changing tax and regulatory landscape which can be daunting. We help you identify, assess, and prioritize risks to minimize potential financial losses so you understand and meet all relevant regulatory requirements.
STRATEGIC FINANCIAL PLANNING
We work closely with you to develop a tailored financial strategy that aligns with your business goals. This strategic approach helps you make informed decisions and optimize your resources for maximum impact.
We proudly serve clients throughout the United States.
Our Client Profile includes:
Founders running large businesses that need to robust financial management systems.
Founders with established businesses that are growing and need to manage cash flow and identify funding opportunities.
Founders with great ideas that need set up their business the right way.
We help Female Founders at all levels...
Ready to launch a new business? We’ll get your business up and running right! For brand new entities (Non-profits, LLC or Corporations) only.
For the business that wants to step up their game, we’ve got the tools to get your finances in order.
A suite of tools for established businesses looking for full service accounting, tax and CFO advisory.
As a woman and person of color, I consistently felt underrepresented in my field. But, more shocking, I noticed a larger gap in the people sitting at the table. I quickly realized that businesses led by women and people of color were left out, simply because they needed the strong financial support that’s necessary for businesses to succeed. That’s why I started FMS Advisory, a firm that’s dedicated to seeing the success of women-owned businesses. We're not only an accounting firm; we’re your partner in your business financial journey.
"Festina is always attentive and gets back to me in little to no time. She also explain things I need to know thoroughly. My books are organized, paperwork in order and everything is filed correctly for my business. She's the best accountant and I appreciate what she does daily for my business! I also appreciate the check ups if she don’t hear from me in a while."
"Festina was recommended by a friend for tax services. I had a tax issue and my prior CPA was not responsive. So I truely appreciate the Thorough communication and feedback that Festina provided. I really enjoyed the expereience of working with her and will be back next year!"
"Festina is very professional and has always done exceptional work with tax and bookkeeping. I enjoy the communication and the planning. Festina keeps me on target with my initial financial goals and pushes me to think of the future of my business. Her communication is always timely and clear to help you understand finance for your business. Before working with FMS advisory...
...I had been hoping from tax prep services and was missing out on key fillings in my taxes. Thankfully Festina was able to address these issues and place on a path to success. Currently, my tax/accounting situation is much more organized. I can easily find any tax or accounting documentation. If I have questions FMS advisory is easily accessible to answer any questions I may have."
Whether you’re just starting or looking to streamline your tax processes, this guide has you covered.