NB Advisors Launches Philadelphia Office, Offering CFO Services to Enhance Business Profitability

Photo Credit: NB Advisors

PHILADELPHIA, September 2, 2024, (VSNewsNetwork.com) - NB Advisors, a firm specializing in small business accounting, tax planning, and financial advisory services, has announced the opening of its new location in Philadelphia, Pennsylvania. This expansion aims to provide the local business community with strategic CFO services designed to improve profitability and reduce the workload on business owners.

The firm reports that businesses utilizing CFO services through NB Advisors see an average annual revenue of $10.7 million and profits of $1.1 million. These businesses also benefit from reduced work hours for owners, who are able to leverage their teams more effectively. In contrast, companies without CFO services report average revenues of $1.2 million and profits of $310,000, with business owners often working over 60 hours per week.

"Many business owners don't fully understand the strategic value of a CFO," said Ryan Niedoba, Managing Partner at NB Advisors. "A CFO is not just another accountant; they are a vital partner who helps navigate the financial complexities of a business."

NB Advisors offers a comprehensive suite of services in Philadelphia, including profitability benchmarking, financial game planning, and annual reviews focused on growth, profitability, and asset protection. The firm is inviting Philadelphia business owners to schedule a free consultation to learn how these services can help them save between $100,000 and $1 million in taxes annually and enhance their profitability.

For more information or to book a consultation, visit NB Advisors at https://nbcfo.us/ or call 1 (215) 555-1234.

Source: NB Advisors via Newswire