Newport Fractional Accounting & Advisory Services
When a business experiences a period of sustained growth it is certainly a cause for celebration. Not only does it mean the business strategy has been successfully executed, but also reflects the hard work of team members across the enterprise. However, with growth also comes new demands and additional responsibilities as well as new business needs to sustain the growth trajectory.
Those increased demands may also require new expertise in critical business functions such as accounting, financial projections, management, and reporting. Sustained growth means these departments may require more experienced professionals with an executive level of expertise, including the Controller and Chief Financial Officer level.
The unfortunate reality is that finding such experienced professionals can be challenging. Once identified, the company needs to allocate the time and resources needed for onboarding and training. Then there is the matter of employee retention which can Newport and Rhode Island turn to fractional accounting and advisory services as a solution.
Rhode Island FAAS Experience
Barnes Dennig provides outsourced accounting and fractional accounting and advisory services to companies in Newport and across Rhode Island. We work with organizations in a variety of industries to “plugin” during periods of growth, the unexpected departure of a senior executive or key team member, or to provide situational support for special projects. Our team offers a unique blend of technical expertise and situational experience that translates into practical and scalable solutions.
One of the defining features of Newport’s business community is its strong ties to the maritime industry. The city’s deep-water harbor has been a hub for shipbuilding, trade, and naval activities for centuries. Today, Newport is home to several boatyards, marine service providers, and the Naval Station Newport, which contributes significantly to the local economy.