Buckles Business Solutions, LLC

Background

Overview

Buckles Business Solutions, LLC is a financial services firm specializing in bookkeeping, accounting, payroll, accounts payable, and tax services for small and mid-sized businesses. Established in August 2021, the company is headquartered in Albuquerque, New Mexico. Its mission is to assist business owners in managing their financial operations efficiently, allowing them to focus on core business activities. The firm's vision is to be a trusted financial partner for small and mid-sized enterprises, providing comprehensive solutions tailored to their unique needs. Operating within the financial services industry, Buckles Business Solutions plays a significant role in supporting the growth and sustainability of local businesses.

Key Strategic Focus

Core Objectives

The company's primary objective is to offer comprehensive financial management services that enable business owners to concentrate on their core operations. By providing expert financial support, Buckles Business Solutions aims to enhance the financial health and operational efficiency of its clients.

Areas of Specialization

Buckles Business Solutions specializes in:

Business Setup: Assisting new businesses with state registration and initial setup processes.

Payroll Services: Managing payroll systems, including employee onboarding and ongoing payroll processing.

Accounts Payable and Receivable: Handling vendor payments and customer invoicing to ensure timely financial transactions.

General Ledger Maintenance: Maintaining accurate and up-to-date financial records.

Financial Reporting: Providing detailed financial reports to inform business decisions.

Budgeting: Assisting in the creation and management of business budgets to control expenses and plan for growth.

Key Technologies Utilized

While specific technologies are not detailed, the company likely employs industry-standard accounting software and tools to deliver its services efficiently.

Primary Markets Targeted

Buckles Business Solutions primarily targets small and mid-sized businesses across various industries, offering tailored financial services to meet their specific needs.

Financials and Funding

Funding History

As a privately held company, specific details regarding funding history, total funds raised, recent funding rounds, and notable investors are not publicly disclosed.

Utilization of Capital

The company utilizes its capital to expand service offerings, enhance technological capabilities, and support the growth of its client base.

Pipeline Development

Key Services Offered

The company's service offerings include:

Business Setup: Assisting with state registration and initial business setup.

Payroll Services: Managing payroll systems and employee onboarding.

Accounts Payable and Receivable: Handling vendor payments and customer invoicing.

General Ledger Maintenance: Maintaining accurate financial records.

Financial Reporting: Providing detailed financial reports.

Budgeting: Assisting in the creation and management of business budgets.

Target Conditions and Timelines

Specific target conditions and timelines for service delivery are customized based on each client's unique requirements and are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

While specific proprietary technologies are not detailed, the company likely utilizes advanced accounting software and financial management tools to deliver its services efficiently.

Significant Scientific Methods

The company employs standard accounting practices and methodologies to ensure accuracy and compliance in financial reporting and management.

Leadership Team

Key Executive Profiles

Phil Buckles: CEO and Owner. Phil is a Minnesota native who relocated to New Mexico. He founded Buckles Business Solutions to assist small business owners in managing their financial operations, allowing them to focus on their core business activities. Phil has experience working with a wide range of businesses, from non-profits to $15 million corporations, across various sectors including healthcare, government, and distribution.

Market and Competitor Insights

Market Dynamics

The financial services industry for small and mid-sized businesses is competitive, with numerous firms offering similar services. The market is characterized by a demand for personalized and efficient financial management solutions tailored to the unique needs of smaller enterprises.

Competitor Analysis

Specific competitors to Buckles Business Solutions are not detailed. However, the company operates in a market with various firms providing bookkeeping, accounting, and financial management services to small and mid-sized businesses.

Strategic Collaborations and Partnerships

Collaborations and Partnerships

Specific collaborations and partnerships are not detailed. However, the company may engage in partnerships with other service providers to enhance its service offerings and expand its client base.

Operational Insights

Strategic Considerations

Buckles Business Solutions differentiates itself by offering personalized financial services tailored to the unique needs of small and mid-sized businesses. This focus allows the company to build strong client relationships and provide customized solutions that larger firms may not offer.

Strategic Opportunities and Future Directions

Strategic Roadmap

The company's strategic roadmap includes expanding its service offerings, enhancing technological capabilities, and growing its client base to support the financial health and growth of small and mid-sized businesses.