CORE Group Case Study
Transforming Financial Management for Ten Oh Eight
About the Client
Sean Eads is the founder of Ten Oh Eight, a luxury wedding photography and videography company. Based in Greenville, South Carolina, Sean's dynamic career spans from healthcare as a physical therapist to entrepreneurship in the creative wedding industry.
The Challenge
Managing the financial complexities of multiple businesses while juggling personal and professional responsibilities posed a significant challenge for Sean. With varying income streams, fluctuating expenses, and tax implications unique to each business, Sean needed a comprehensive financial management solution that could provide clarity, consistency, and peace of mind.
Approach
In 2019, Sean engaged Core Group for their expertise in personal and business tax returns, bookkeeping, and financial projections. Core Group assumed responsibility for managing the financial intricacies of Ten Oh Eight's operations, ensuring compliance, accuracy, and efficiency. rough regular communication and personalized service, Core Group established a seamless workflow tailored to meet Sean's specific needs.
The Results
Over the past three years, Core Group's strategic financial guidance has transformed Ten Oh Eight's financial management practices. By automating bookkeeping, providing monthly financial statements, and offering proactive tax planning, Core Group has empowered Sean to make informed decisions, optimize cash flow, and mitigate tax liabilities. Despite challenges such as inaccurate projections and communication gaps, Core Group has remained responsive, adaptable, and committed to Sean's financial success.
Testimonial
“Core Group has been an essential part of our financial journey since 2019. Their team handles our personal tax returns and oversees the bookkeeping for our wedding venue and photography/videography businesses. Despite the challenges of our industry's fluctuating income and seasonal variations, Core Group has been instrumental in providing stability. They've been receptive to feedback, and their proactive approach to bookkeeping has saved us time and stress. Their personalized service, efficiency, and commitment to evolving with the times make Core Group a valuable asset to our business.”
Sean Eads
Conclusion
Through its partnership with Core Group, Ten Oh Eight has gained a trusted advisor and strategic ally in managing its financial affairs. By leveraging Core Group's expertise, Sean has been able to focus on growing his businesses while enjoying greater financial clarity and stability. Core Group's dedication to excellence and commitment to client success make them an indispensable asset to businesses seeking transformative financial management solutions.