Finance


Philadelphia, PA, February 25, 2010 – Clarity SB announced today the nationwide launch of its new back-office support services designed to help small businesses eliminate nagging issues and drive income.

Mounting pressures to accomplish more in less time, a shaky economy, and dismal unemployment reports have forced many businesses to work longer hours, survive on smaller cash flows, and make tough cutback decisions. Even firms that have grown during the 2009 recession face the double responsibility of absorbing more workload while finding the time to update plans and processes that can sustain their growing business.

According to company founder and leader David Wagstaff, all of these factors contributed to the creation of Clarity SB.

“There was a need out there that wasn’t being fulfilled,” he says. “It’s all of those pesky admin tasks from payroll, insurance issues, and finding the right service providers and software programs , to more complex issues like product pricing, expense management, marketing and SEO, and maintaining legal compliance in regards to human resources that place undue strain on small firms. Clarity SB is about resolving these issues as painlessly and cost-effectively as possible—while enabling them to recapture profitability that far outweighs our minimal fees.”

Prior to its public launch, Clarity SB put this concept into action for several businesses in the Philadelphia area. “We helped a non-profit save 72,000 dollars annually by adjusting their premiums to reflect their current job classification status—in addition to facilitating a 200,000 dollar refund due to three years of overpayment,” Wagstaff says. “Another small business client, a mover, needed help developing an affordable online presence. We found him a solution that not only saved more than 3,000 dollars over three years, but connected him to the right clients and is ultimately helping him continually capture more revenue,” he adds.

What’s next for the rapidly growing company? As Wagstaff points out, “Small business owners are often experts at what they do, but are not as certain when making back-office decisions. With our 20 years’ experience in business management, we can provide the role of CFO, COO, Marketing Director, Admin Staff—whatever a small business needs. And as more companies tap on us for support, it’s clear they need it now more than ever. We’re ready to tackle the next wave of challenges.”

To find out more about Clarity SB, visit the website at www.claritysb.com

Philadelphia-based Clarity SB helps small businesses overcome challenges and resolve complex business questions through strategic guidance, tactical support and back-office solutions. The company was developed in 2009 by David Wagstaff, Managing Principal of parent company Clarity FI, who has more than 20 years’ experience in the financial and business management sectors.


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The Secret to Winning

Bank executives have seen their world transform from a paper-based environment to an electronic age in which leaders increasingly recognize value in what they can glean from digital information.

But with so much digital data, the greatest challenge is in finding a way to distill it all down and extract real world insights that can produce tangible value. Read More from David Here: The Secret to Winning by David Wagstaff



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How small businesses can avoid a tax time train wreck

Tax tips for small businesses: Get organized, read your mail, and listen to your CPA.

By JOYCE M. ROSENBERG

The Associated Press

NEW YORK — For some small-business owners, income tax filing season feels like a slow-motion train wreck.

These are often owners who tend to be disorganized and unable to keep good records. Instead of keeping their companies’ books with a small-business accounting program, they use a stack of overstuffed file folders or worse, boxes and shopping bags. They often end up spending hundreds of extra dollars paying their accountants to sort through the whole mess — provided the accountants will even agree to deal with it.

Read More: Tis the Season

 

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