Written by The Business Journal Staff
Founder/Chief Financial Officer
Guardian Accounting, Inc.
Education: Associate of science degree, Fresno City College. Bachelor of science degree in accountancy, National University
Family: Cleighton Beavers, Jr., and I met in high school. We married in June 2007 and will celebrate our 12th anniversary this year. We have two sons, Corbin, age 10, and Conrad, age 8.
Tell us about your business
Guardian Accounting, Inc. is a professional team of four, providing accounting, bookkeeping and CFO services while producing customizable and comprehensive solutions to meet our clients’ needs.
Every day, small and medium-sized business owners, corporations and managers are faced with challenges of customer service, inventory, marketing, technology, etc. Your accounting and bookkeeping essentials no longer need to be one of them.
Located in the heart of Clovis at 150 Clovis Ave., Suite 101, we leverage our expertise to help our clients save money by designing services that consider the sizes of their businesses to help them understand their numbers, provide financial clarity and gain peace of mind.
How did you start your business?
I had been working as an accountant at a local CPA firm for five years and realized that there were many small and medium-sized business owners who had passion or a drive for something they loved, but most didn’t understand the financial aspects of their businesses. I found that many business owners would spend a lot of money on inventory, marketing or acquiring considerable debt from personal or business loans, yet they didn’t understand how those things affected their cash flows, profits and bottom lines.
Many businesses don’t need to hire people full time to process their invoicing, bills, payrolls or reconcile their bank and credit card statements, and I wanted to provide those business owners with an affordable and comprehensive alternative.
How does a contracted CFO function differently from an in-house CFO?
A CFO should be able to analyze your company’s financial strengths and weaknesses, track cash flow and provide budgeting and planning goals. The only difference between a contracted CFO and in-house CFO is the cost.
Many small to medium-sized business owners realize they want the professional financial services that a CFO provide but can’t afford to hire one full-time. Guardian provides the partnership to provide the professional edge of a financial officer who works with businesses to help guide and support their business goals but at a low monthly, fixed rate to help their bottom lines.
What is your role in the business?
My role is to manage workflow, nurture client relationships and provide a collaborative team environment to help our clients achieve their personal or professional goals. I take a hands-on approach, so most days I can be found at a client’s office, in a local non-profit’s board meeting, interviewing a prospective manager for a client’s team or preparing financial statements for tax preparation. I am readily available for our clients’ needs – big or small – and I love what I do!
What is the best business advice you ever received?
At a young age, I didn’t like vacuuming, but that was my chore, and my mom liked it done a particular way. I would zip through the task, and she would have me do it again – and sometimes again. One day she said to me, “it’s not worth doing, if you don’t do it right”.That statement really stuck with me and has become my personal motto as a business owner today.I perform each task for our clients, from accounting and payroll to budgeting and cash analysis, with the mindset of doing it right the first time.
What was your first job and what did you learn from it?
When I got out of high school, I wanted to become a veterinarian, so after high school I began working for a local vet. We saw many people on their worst days, as they considered their pets family, and as a pet lover, myself, I could see the despair on their faces. Most days we could send their beloved pets home with them, but there were days that wasn’t an option.
From that, I learned to exercise compassion in my business, as business owners put their blood, sweat and tears into building them, and I wouldn’t dare come marching in telling them what to do or how to do it. Compassion enables people to move from being scared or afraid of change into being open to new possibilities and challenges.
How does your management style help your employees in their personal and family lives?
I never want my team members going home worrying about work or having to miss out on important events due to their jobs. My management style allows for family and home life to come first and work to come second. My team members knows they can come to me with schedule conflicts and that I will be as flexible as possible to ensure they aren’t missing out on school performances, parent-teacher conferences or needed medical appointments.
I believe that culture has enabled us to develop an awesome and dedicated team that works hard every day to make us successful and has become the secret weapon to set us apart.
What are some of the more common financial mistakes people make when starting businesses?
I can confidently say that the most common mistake I see is the mindset that you must put every dollar you earn back into the business to grow it. Business owners shouldn’t only take home what is left over at the end of the month or, worse, at the end of the year. There are many expenses in a business that could be trimmed or even eliminated if they aren’t essential to doing business.
The second common mistake is not separating business and personal accounts. Having a separate bank and credit card account from the start will allow you to get a more accurate picture of the financial health of your business.
What are some of the new financial laws affecting businesses in 2019?
– Mandated sexual harassment training requirements for business with 5 or more employees. This used to apply to businesses with 50 or more employees.
– Employers must make “reasonable efforts” to provide a clean and comfortable place for breastfeeding mothers to feed their babies or express milk other than bathroom stalls.
– California has repaid its 2009 loan from the Federal Unemployment Trust Fund, so a 2.1 percent fee tacked onto what employers paid for unemployment taxes last year has been eliminated this year.