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FAQs

FAQs

Who is Nitram Financial Solutions?

Nitram Financial Solutions, a division of Empower 2 Thrive is a single-member limited liability company dedicated to bringing clients the services they want combined with the expertise they need. We have been in business since 2012, with over 17 years of experience in accounting, tax and business consulting.

What differentiates you from other accountants and bookkeepers?

There are a number of things that make us different from other accountants and bookkeepers.

  • First and foremost, we are not just accountants and bookkeepers. We are financial management experts who specialize in strategies to increase your cash flow and your profits.
  • We are the janitors of financial mess. No mess is too small or large. We can clean it up, make sense of it and get you financially organized.
  • We are tech savvy accountants who not only love numbers but also technology. We use it to help create efficient processes in your business.
  • We are reliable and we truly care about our clients financial success. Their business is our business.
  • We support our clients as their full service outsourced financial department.  We are their back office.
  • We offer financial and business consulting services. We don’t just focus on tracking your numbers, we also help our clients develop strategies on how to keep more money in their business.
  • Our CEO has an accounting degree and over 17 years of experience in public and corporate accounting.  Therefore, she truly understands all of the accounting rules and jargon as well as what financial institutions and investors want to see on your financial reports.

What type of clients do you work with?

Our services are primarily for business owners with operating revenues starting at $500K up to $5mil. They are reaching the point in their business where they need financial organization, guidance and accountability. Business is growing but at a snail’s pace, and there is a burning desire to drastically move the needle. But they can’t focus on growing the business because they are consumed with being busy IN the business. We particularly like working with business owners who are ready for a drastic change because what they have been doing is no longer working.   We can help your business if you tend to:

  • have no idea whether or not your business is profitable.
  • feel like you are constantly leaving money on the table due to poor financial management systems.
  • be growing at a moderately consistent pace but you feel completely inundated with paperwork and processes.
  • hate accounting and have no desire to do anything related to tracking the numbers in your business.
  • feel constantly overwhelmed and need systems to help you manage your business finances.
  • never find time to keep your accounting up to date.

As a result …

  • You are frustrated because you consistently have more month than money.
  • Your bank account is always in the red and you’re constantly feeling like your head is under water..
  • Your business is generating income but your cash is always low.
  • You feel like you are so close yet so far from positive cash flow.
  • You simply want the peace of mind of knowing that your business finances are handled.

Now because we are a small business, we are passionate about helping other small businesses thrive as well.  So we provide support for businesses who are under the income thresholds mentioned above through business consulting and training workshops.  Clients who fit this profile, please visit our workshops and training page for a host of services that suits your needs.

What type of clients have you worked with in the past?

We have worked with a variety of clients in a variety of industries. Some of the industries we work with include:

  • Construction Contractors (electrical, plumbing, concrete)
  • Custom Home Builders and Home Renovation
  • Restaurants
  • Franchisors and Franchisees
  • Wholesale Distributors
  • Rental Real Estate
  • Media Services
  • Landscaping
  • Direct Sales
  • Health Services
  • Not-For-Profit
  • Restoration Services

What type of software’s do you work with?

Our team is certified in a myriad of software solutions.  While we are certified in these, we still use other because we recognize that one solution is not always the best solution for everyone. Some of the software’s we are certified in are:

  • QuickBooks – 2012-2015 and online
  • Xero
  • TSheets
  • FreshBooks

Other software we have worked with include:

  • Wave
  • Sage
  • Bill.com
  • Timberline
  • Client Bookkeeping Solutions
  • Accountants Trial Balance

Do you ever work with clients outside of the Washington D.C. metropolitan area?

Yes. Because our services are mainly provided virtually, we are able to work with clients outside of the Washington D.C. metropolitan area.

What payment methods do you take?

We accept company checks as well as ePayments, Paypal, MasterCard, Visa, Discover or American Express credit cards. Financing options are also available.