By DCG | CPA and Management Consulting Firm
Client
Mycocycle
Once, MycoCycle, an innovative start-up on a mission to revolutionize waste management through fungi technology, approached our firm. Although they had a groundbreaking idea, they were pre-revenue and navigating the labyrinth of start-up finances and fundraising.When we stepped in, MycoCycle was facing the daunting world of start-up taxes, controls, and fundraising. Their vision was powerful, but they needed financial guidance to turn their ideas into a sustainable business.Our first mission was to demystify their taxes. We worked closely with them, simplifying the complexities and ensuring they could take full advantage of start-up tax benefits. This process helped MycoCycle save significant funds they could reinvest into their budding business.Next, we tackled the issue of establishing strong financial controls. Our fractional CFO developed a bespoke, scalable financial structure that could grow with MycoCycle. We ensured they had robust systems for budgeting, expenditure tracking, and financial reporting. This solid foundation reassured potential investors of their financial discipline and foresight.Lastly, we assisted them in their fundraising efforts. Our fractional CFO provided valuable insights into crafting a compelling narrative around their financials. With our deep understanding of investor expectations and due diligence processes, we were able to guide MycoCycle in positioning themselves favorably.The result was transformative. MycoCycle attracted their first round of funding, ensuring their groundbreaking vision could become a reality. They gained not just financial resources, but also the confidence that they had the right financial systems and strategies in place.Today, MycoCycle continues to innovate in waste management, and we remain their strategic partner. Through our services, they’ve been able to focus on what they do best – transforming waste management through the power of fungi. And we couldn’t be prouder to support their journey.
Once, MycoCycle, an innovative start-up on a mission to revolutionize waste management through fungi technology, approached our firm. Although they had a groundbreaking idea, they were pre-revenue and navigating the labyrinth of start-up finances and fundraising.When we stepped in, MycoCycle was facing the daunting world of start-up taxes, controls, and fundraising. Their vision was powerful, but they needed financial guidance to turn their ideas into a sustainable business.Our first mission was to demystify their taxes. We worked closely with them, simplifying the complexities and ensuring they could take full advantage of start-up tax benefits. This process helped MycoCycle save significant funds they could reinvest into their budding business.Next, we tackled the issue of establishing strong financial controls. Our fractional CFO developed a bespoke, scalable financial structure that could grow with MycoCycle. We ensured they had robust systems for budgeting, expenditure tracking, and financial reporting. This solid foundation reassured potential investors of their financial discipline and foresight.Lastly, we assisted them in their fundraising efforts. Our fractional CFO provided valuable insights into crafting a compelling narrative around their financials. With our deep understanding of investor expectations and due diligence processes, we were able to guide MycoCycle in positioning themselves favorably.The result was transformative. MycoCycle attracted their first round of funding, ensuring their groundbreaking vision could become a reality. They gained not just financial resources, but also the confidence that they had the right financial systems and strategies in place.Today, MycoCycle continues to innovate in waste management, and we remain their strategic partner. Through our services, they’ve been able to focus on what they do best – transforming waste management through the power of fungi. And we couldn’t be prouder to support their journey.
In the past, Koning Health, an avant-garde enterprise committed to improving healthcare through cutting-edge imaging technology, found themselves in a complex financial situation. As they grew rapidly, so did the complexity of their financial operations. They approached our firm for an audit, seeking assurance and clarity about their financial health.When we commenced the audit, we discovered the unique challenges that Koning Health faced. Their rapid expansion, coupled with the inherent complexities of the healthcare tech industry, had resulted in convoluted financial records and systems. However, we weren’t deterred. Instead, we saw it as a jigsaw puzzle waiting to be solved.We rolled up our sleeves and dived into the audit process. We meticulously reviewed every transaction, cross-checking details and seeking explanations for anomalies. This process was not only about compliance but also about understanding Koning Health’s business, identifying potential risk areas, and providing recommendations for improvement.Through our rigorous auditing process, we were able to bring clarity to Koning Health’s financial landscape. We provided them with a clear, accurate picture of their financial health and offered actionable insights on improving their financial controls and processes. The audit also helped them build trust with their investors, stakeholders, and customers, reinforcing their reputation as a transparent, accountable organization.Beyond the successful audit, what truly made this experience memorable was the collaborative relationship that emerged. Koning Health appreciated our thoroughness, our commitment to understanding their business, and the actionable insights we provided. The audit was not just a process of verification, but a journey of mutual learning and growth.
Once upon a time, Faith Community Health, a non-profit dedicated to providing affordable healthcare, faced financial management challenges. Like many non-profits, their expertise was in serving the community, not in managing complex finances. They sought our fractional CFO service to bridge this gap without straining their budget.When we began, their finance operations were fragmented. They were doing an incredible job providing services to their community but were struggling with resource allocation, financial forecasting, and strategic financial planning.We first helped them streamline their financial processes, implementing efficient systems to cut down on paperwork and free up their team’s time for mission-focused work. The transformation was rapid and visible. Their team could see the changes and felt a wave of relief.Next, we brought in our fractional CFO, who provided the strategic financial leadership they needed. Our CFO helped them refine their budgeting, improve cash flow management, and develop a more strategic approach to fundraising.Within a year, Faith Community Health saw significant improvements. Their financial health strengthened, enabling them to expand their services. They were now not just surviving, but thriving. And they did all this without the cost of a full-time CFO.Today, Faith Community Health is serving their community better than ever, with a sustainable model for financial management that ensures they can continue their important work for years to come. And we’re proud to say we played a part in their success.