Clear financial guidance for Attorneys & Small Business Owners 📶

Are the finances at your law firm or business in chaos? 

Are you dealing with inaccurate data? Mysterious bills? 

Are crucial decisions (like hiring and firing) feeling like a shot in the dark?

Things don’t have to be that way. 

Hi 👋 I’m Renee! Founder of JSN Consultants.  

At JSN, we serve our clients by acting as their dedicated, outsourced finance department.

We: 
✔️Organize Your Finances: Streamline procedures for efficiency and effectiveness. 
✔️Empower Your Tax Preparer: With accurate, timely information.
✔️Give You Financial Control: Know exactly when bills are paid and what you're owed.
✔️Help You Make Data-Driven Decisions: Hire new staff and plan for the future with confidence.
✔️Unlock Your Growth: Move forward with a clear understanding of your financial health.

If you’re law firm or business has a turnover of over $250K, and this sounds like the solution your business needs? 

Let’s talk! 🗨️

Message me directly 
renee@jsnconsultants.com 
www.jsnconsultants.com

Book a discovery call:
https://calendly.com/jsn-consultants-renee/renee-discovery

Renee Wengrofsky

I became a grandmother again—beautiful baby boy. Being a Grandma never gets old.

Now let's talk deadlines.

February 2: your 1099-NEC and W-2 deadline. ⏰ If you paid contractors or employees in 2025, the IRS doesn't care if you forgot. Penalties start at $60 per form.

1099s still a mess? Reach out and we'll handle it before the deadline hits.

We help law firms and service-based businesses over $250K turn tax season from panic into process.

"Don't be intimidated by what you don't know. That can be your greatest strength." — Sara Blakely

#reneeknows

Fractional Controller Services: High-Level Financial Planning for Attorneys & Small Businesses 📈 | Bookkeeping Support| Empowering Growth by Handling Financial Details |🏋️‍♀️ Olympic Lifting & 🧵 Needlepoint Enthusiast

I became a grandmother again—beautiful baby boy. Being a Grandma never gets old. Now let's talk deadlines. February 2: your 1099-NEC and W-2 deadline.

Open article: February 2 deadline: 1099s + W-2s (and I'm a grandmother again 👶) by Renee Wengrofsky • 10 min read

February 2 deadline: 1099s + W-2s (and I'm a grandmother again 👶)

🚨 Tax season scam alert

Your inbox is probably flooded with "your tax document is ready" emails right now.

Most of them are scams.

Here's how to protect yourself:

✔️ Hover over the sender name to see the actual email address. If it looks suspicious or unfamiliar, report and block immediately.
✔️ Don't click any links in these emails. Ever. Even if it looks legit.
✔️ Go directly to the source. Open a new browser tab, type in the website yourself, and log into your portal to get your documents.

Financial chaos is stressful enough without scammers trying to steal your information.

Stay safe out there.

Got your documents ready to send to your tax preparer yet? I help businesses get organized so tax season doesn't have to be chaos. Let's talk. 🗨️

Most finance problems don’t start with bad accounting.

They start with broken systems: messy workflows, outdated tools, and reports that come in too late to matter.

I learned this the hard way as a founder running multiple businesses without real visibility into the numbers. That frustration led me to start Ledger Labs.

Not as a typical accounting firm, but as a finance operations partner for fast-moving companies.

We help eCommerce, SaaS, and service businesses ($5M–$50M) build scalable, automated finance functions without disrupting the way their teams already work.

Here’s how we do it:

✅ Automation-first
We eliminate repetitive tasks using tools designed around your workflows, not someone else’s template.

✅ Founder-led onboarding
I stay directly involved from day one to ensure precision and alignment no handoffs, no guesswork.

✅ Flat $50/hour pricing
Transparent pricing that includes bookkeeping, tax, automation, and controller-level insight.

✅ End-to-end execution
One finance team that handles everything books, compliance, dashboards, and strategic reporting.

✅ Advanced Power BI dashboards
Built to inform action. Live visibility into what’s working, what’s not, and where your money’s actually going.

If your finance function feels stitched together or overly reliant on individuals, it’s time to rethink the system.

We make finance invisible something that works quietly in the background while you focus on growth.

Let’s make that happen.

📩 gary@theledgerlabs.com
🗓 https://meetings.theledgerlabs.com/#/customer/discoverymeeting

Gary Jain 🚀

New to accounting?

Then this post is for you.

Because the truth is, most beginners underestimate how risky it is to skip the basics.

Think about it. Sales are growing, yet the bank balance stays tight.
 
You pay taxes on “profits” that never actually turned into cash.
Or worse, you make hiring or investment decisions using numbers that only tell half the story.

That quiet feeling that something isn’t adding up isn’t just stress.
 
It’s a warning sign.

And more often than not, it traces back to weak fundamentals.

Here’s what every beginner needs to truly understand, not just recognize by name:
 📌 Income Statement – measures operating performance and tells you whether the business is actually generating sustainable profits

 📌 Balance Sheet – evaluates financial position by showing liquidity, leverage, and long-term stability

 📌 Cash Flow Statement – reconciles profit with reality by explaining how cash is generated and used

These aren’t academic concepts or exam material.
They are the core tools decision-makers rely on to price correctly, hire responsibly, and invest with confidence.

If you don’t understand them, you’re not managing the business.
You’re reacting to it.

Follow Gary Jain 🚀 for more such content.

#accounting

I help Product based business owners reduce their time spent in managing finances ✡ Virtual CFO & Controller ✡ Added over 100M in bottomline of 500+ CPG businesses ✡ Focus on Custom Solutions using Technology

Can you really rely on your profits if your balance sheet is quietly breaking underneath?

That’s the mistake too many business owners don’t catch until it’s painful.

I worked with a founder running a services company who was proud of consistent profits month after month.
 
Sales were growing. The P&L looked healthy.
 
So he kept reinvesting and hiring.

What he wasn’t watching was the balance sheet.

Over time, receivables kept creeping up.
 
Short-term debt quietly increased.
 
And retained earnings barely moved despite “profitable” months.

The wake-up call came when his bank declined a routine credit renewal.
The reason was simple. His balance sheet showed liquidity stress and rising leverage, even though his income statement looked fine.

Here are balance sheet red flags every business owner should know:
• Current assets not keeping up with current liabilities
• Receivables growing faster than revenue
• Inventory sitting longer each quarter
• Debt increasing without matching cash flow
• Equity shrinking while profits are reported

These are not accounting details.
They are early warning signs.

Once we addressed them, he tightened credit terms, reduced debt exposure, and rebuilt liquidity.
 
The business didn’t just survive. It became stable.

Business owners, your balance sheet tells the truth your P&L can hide.
 
The question is, are you paying attention to it?

#balancesheet  #redflags

Expanding your business globally without understanding IFRS vs GAAP?

Many founders assume accounting rules are universal.

They’re not.

At first, it doesn’t feel like a problem.
Your reports look clean.
Auditors sign off.
Investors seem comfortable.

Until you cross borders.

I worked with a founder preparing to raise capital from overseas investors.
His U.S. financials were prepared under GAAP and looked solid.
But during discussions, investors kept questioning revenue recognition, asset values, and development costs.

Nothing was “wrong.”
It just wasn’t aligned with IFRS expectations.

That gap slowed the deal, triggered rework, and forced restated numbers under IFRS just to make comparisons meaningful.

Here’s what founders need to understand:
📌 GAAP is U.S.-specific, rule-based, and highly detailed
📌 IFRS is used globally, principle-based, and allows more judgment
📌 Revenue, inventory, development costs, and asset valuation can look very different under each
📌 The same business can show different profits depending on the framework

This isn’t academic detail.

It affects valuations, investor trust, and deal timelines.

Founders don’t need to master the standards.

But they do need to know which one they’re using and how it shapes their numbers.

Because when you speak the wrong accounting language, even strong businesses get misunderstood.

Follow Gary Jain 🚀 for more such insights.

#ifrs  #finance  #businessgrowth

Confusing a Finance Manager with an Accounting Manager and wondering why decisions keep going wrong?
 
That mix-up quietly creates cash stress, bad forecasts, and missed opportunities for business owners.

I worked with a founder in the logistics space who learned this the hard way.
 
He had an Accounting Manager running the books perfectly. Transactions were clean. Reports were always on time.
 
So he assumed finance was “handled.”

But every strategic decision felt shaky.
 
Should he open a new warehouse? He wasn’t sure.
 
Could he afford to lock into a long-term vendor contract? The numbers didn’t answer that.
 
And when lenders asked for forward-looking projections, all he had were historical reports.

That’s when the real issue surfaced.
An Accounting Manager focuses on accuracy, compliance, reconciliations, and closing the books.
 
Their job is to make sure the past is recorded correctly.

A Finance Manager focuses on analysis, forecasting, budgeting, and planning.
 
Their job is to help you decide what to do next.
This founder had strong reporting but zero financial direction.

Once he brought in a Finance Manager, things changed fast.
Budgets started guiding decisions.
Cash flow forecasts highlighted risks early.
 
And expansion plans finally had numbers behind them.

Follow Gary Jain 🚀 for more such content.

#financemanager  #accountingmanager #businessgrowth

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The Battle

Renee Wengrofsky

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Followers

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Engagements

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Performance Score.css-goub6s{font-size:var(--chakra-fontSizes-md);font-weight:500;color:var(--chakra-colors-gray-600);display:block;margin-top:var(--chakra-space-1);}Renee Wengrofsky's LinkedIn Performance

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