Small business entrepreneurs are masters at juggling hats. However, once the doors open, the immediate demands of customers, employees, and sales representatives is enough to keep most of them struggling to survive the day instead of thriving.

That is where our SuperCharged Financial Solutions hopes to step in by becoming a partner in your financial success. Our team has firsthand experience with launching, managing, and scaling car audio and automotive restyling businesses. So, we understand the everyday struggles of running these retail operations.

Through the years, we have observed many businesses operating off cash flow. If money was in the bank account with bills and employees paid, it became common for bookkeeping, financial management, and retirement planning services to get pushed to the backseat. Even though these are tasks that should not be neglected. After all, achieving financial success and the freedom to enjoy it are likely one of the primary reasons for starting or buying their business.

These processes are just as important in the latter years as they are during the growth years because many owners never created a retirement plan for themselves. They were relying on the business to provide for their retirement. Consider this story of two successful business owners approaching retirement age. The first one has always put a focus on the company financials. He always wanted to know exactly what he was making and how much inventory he had on hand. The second one, just as successful but focused on sales growth and saving taxes with very little value given to financials and inventory. Both reached retirement age at the same time. The first, having years of accurate financials, was prepared to sell his business during a peak time, getting top dollar for his business to enjoy a comfortable retirement. The second, not having the accurate financials in place, was not prepared to sell during the same peak period. Soon after, the market went into a multi-year decline, forcing him to choose between either continuing with the business until the market recovered or selling at a much lower price.