Going WaywardAfter just a few years in business, Wayward Distillery was starting to take off. With so much early promise, Dave the owner, started to think about the long-term future of the business.Where could he  take this thing in the next 5 years? 10 years? Could he  go global? Or even just afford to take weekends off? And what did he  need to do to achieve that?But as is often the case when trying to grow anything, there came a sticking point. Dave and his team were all so busy doing what they do best, that they simply didn’t have the time to put those ideas into action.And with so much on their plate, important admin tasks such as accounting, tax, and payroll soon fell down the list of priorities.Introducing AvalonThat’s when they came to us. They knew they had to outsource those tasks and work with an accountant who understood their business and where they wanted to take it.They also knew they required guidance and direction in order to raise the funds required to grow.Strategy SessionWe sat down with Dave and started the conversation by talking about the big vision.What were their plans for growth? Where did they want to be in the future? One of the big questions asked was: “How much money are you making? How much do you want to make?”And it was very clear, very quickly, that Wayward knew their stuff. They knew their margins, knew their most profitable channels, and knew that to achieve their growth targets, they had to increase production capacity.So, armed with all of this new information, we mapped out a specific 5-year plan for growth.Helping Businesses SucceedAvalon’s idea of accounting showed us what’s possible. “Avalon gave us the ability to grow 800% in eight months, and we’re now on track with our 5-year growth plan to be fully sustainable, and to sell our products worldwide.”As for the future, Dave’s goal is to have weekends off, and to step back a little, while continuing to grow the company without overwhelming their staff.

The Story of Curtis and Moe’s Home FurnishingsStarting a business from the ground up is a scary process. Curtis wanted to live up to the high standard Moe’s Home had already set in Vancouver, and while he had almost twenty years of experience in the furniture industry, this would be his first time running a business on his own.Curtis felt most uncertain about handling the financial aspect of a small business. He knew that things like payroll and taxes were vital to his success, but his passion was in home decor - not accounting! Though he initially started searching for a local accounting firm in Vancouver, he stumbled upon Avalon’s website and immediately connected to the messages we shared there.He was a small business owner that wanted to thrive and build his passion - all he needed was the right support network behind him. After an initial conversation with one of our CPA’s, Curtis knew he had found that support.Bookkeeping and AccountingCurtis’ transition to working with Avalon was smooth and quick. Right away, we set to work building him a solid accounting foundation through bookkeeping and monthly reports.Bookkeeping allows you to see a clear picture of your business’ success through key numbers like expenses and sales. Because he always knew exactly how he was performing, Curtis had the confidence and assur-ance he needed to focus on opening up his shop and handling the parts of the business he loved most.GuidanceWe also helped Curtis assign roles and responsibilities on his team to ensure the business was running smoothly from all angles. From the start, Curtis knew he had made the right decision to invest early in getting help.He was able to get his business off the ground smoothly and properly. After about three months, the transition to working with Avalon was complete and we could work seamlessly alongside him, providing him all the financial support and information he needed.