Why Satelles

Satelles, a Latin word meaning partner, agent or bodyguard. We believe that we can be the partner that
a small business needs. Most people are familiar with the statistic that half of all businesses fail.
However, this only paints a partial picture. To get the complete picture, it should be noted that 20% of
businesses fail in the first year, 30% in the second year and 50% by year five (Forbes Advisor). This
illustrates how pivotal the first five years of business are for new ventures. A significant factor in the
failure of new businesses is financial challenges. Data shows that 38% of businesses fail due to
exhausting their cash reserves or the inability to secure additional capital. This points to the essential
role of financial management in the survival and growth of startups and young companies. This need for
prudent financial management does not diminish after the business passes its fifth year. A strong
financial foundation is vital for the long-term prospects of all businesses. The services offered by
Satelles are focused on helping your small business to succeed and grow. From accurate bookkeeping to
financial statement preparation and Controller services, our experienced staff are here to be your
partner and to guard the survival and growth of your business.

What do we Offer?

Satelles offers a range of financial services designed to help individuals, small businesses, and
corporations manage their finances effectively. Core services include bookkeeping, which involves
recording daily financial transactions, maintaining ledgers, and reconciling bank statements. Satelles also
provides financial statement preparation, such as balance sheets, income statements, and cash flow
reports, offering a clear picture of a company’s financial health. The Firm also offers payroll processing,
budgeting assistance, and financial consulting to support strategic planning and business growth. By
ensuring accuracy, compliance, and insightful financial analysis, Satelles Accounting Services plays a
critical role in helping clients make informed financial decisions.