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Eide Bailly launches Possibilities Center
BY KAYLA PRASEK
In an effort to help small to mid-size business owners focus on the reasons they went into business in the first place, Eide Bailly has launched the Possibilities Center. The center is designed to be an outsource center for human resources, information technology, accounting and chief financial officer duties.
While Eide Bailly launched the Possibilities Center in July 2015, the past year has been a slow roll-out, says Jenni Huotari, director of the Possibilities Center and partner at Eide Bailly. “We’re still in the early development stages, but we’re serving clients as we continue to improve on the services we offer.”
Those services include business and strategic planning, outsourced chief financial officer services, education and training for on-staff accounting professionals, bookkeeping services, exit strategy and buy/sell services, outsourced human resources services, tax services and technology. “This is for small to mid-size businesses to have these high-quality services without hiring those people,” Huotari says. “Smaller businesses don’t necessarily have a need for those positions full-time. We’re seeing that businesses do see the value of outsourcing.”
Huotari says the Possibilities Center’s services are “most beneficial for businesses going through a transition or period of high growth. Those times are already high stress, so we can relieve some of the stress. You really can’t outsource your business’s growth, but you can outsource the day-to-day operations, and that’s where we come in.”
Many people who start businesses don’t necessarily have backgrounds in the business side of operations, and the Possibilities Center’s services allow them to focus on the business itself, Huotari says. “Our whole premise is to help clients be successful and help eliminate any barriers that could stop them from being successful. Our ultimate goal is their success.”
While most businesses reach out for accounting and finance help, the Possibilities Center recently added HR services, as it continued to see requests for that knowledge, Huotari says. “Even companies that have HR specialists on staff sometimes have bigger issues to deal with and questions that need to be answered, so we added that partnership as well.”
To learn more about the Possibilities Center’s services, contact Huotari at jhuotari@eidebailly.com. PB
Kayla Prasek Staff Writer, Prairie Business 701.780.1187
kprasek@prairiebusinessmagazine.com