Thank you for considering Parkway Business Solutions for all your Accounting and Financial Reporting needs. Our team understands that not every business owner has the resources or the time to handle the day-to-day functions of their business. In fact, the reason most individuals start up their own business is to work every day doing something they love, which usually does not include being the accountant or payroll clerk. Fortunately, the professionals at Parkway specialize in businesses just like yours, allowing you to do what you do best… Providing your clients the best products and services possible.

Mission Statement:

Parkway Business Solutions provides “small business owners” the accounting support necessary to grow and thrive. Centered on continued education, PBS will remain at the forefront of innovative technology to provide the highest quality of customer service for our clients.

Parkway Business Solutions History

Founded in 1989 by Kathy Snelson, Snelson Services began to offer business management and accounting consulting services to “small business” throughout Ventura County. Kathy recognizing the opportunity for her clients to utilize accounting software to improve the quality and “real-time” accuracy of their business financials hired Michael Snelson in 2001 to spearhead the new endeavor.

From an early age, Michael trained in the generally accepted accounting principles and exhibited an exceptional ability to comprehend both the electronic and ledger based worlds of accounting. Michael shared Kathy’s vision for a better bookkeeping service and together they worked to make their dream become reality.

In 2005, Michael accepted an opportunity with Martin, Ketterling, & Associates as a certified tax preparer for both personal and business returns. Through his combined experience as a full charge bookkeeper and a certified tax prepared, Mike worked with Kathy to create what are now the foundations of Parkway Business Solutions.

Meet the Partners: Michael SnelsonMichael Snelson ( CEO), Founder of Parkway Business Solutions, has been an interactive part of the local community since

1990. As an experienced accountant and tax professional, specializing in the implementation and optimization of current technologies, Mike helps local and remote business owners gain structure and efficiency in their day-to-day accounting practices. His unique approach has increased the accuracy and productivity for numerous clients throughout multiple industries. Current clients of various industries include: Fortune 500 company retained for national high-end executive searches and management placement. Boutique travel agency specializing in the needs of major musical acts including :

U2 Daughty Kiss

International multi-million dollar manufacturing/wholesale & distribution clients providing products for BIG BOX stores including Home Depot, and Ace Hardware.

Notable and successful local artists as well as art professors. Thriving Construction companies that have been a vital part of the local and national economy for over 30 years. Local upscale restaurant under newer ownership appreciating unprecedented improvements in their accounting and therefor their

net income. Well-established building maintenance and janitorial service built of the belief in customer service, which led to numerous

government contact clients.

Mikes experience within accounting started years before the creation of his own company, making him a master of his trade. Previously as CFO of a professional business and accounting consultation firm, he shared his specialization in day-to-day efficiency through the implementation of new technology and procedures to increase profits for clients. As a Certified Tax Preparer for six years, completing both personal and business filings, Mike recognized a true need by small business owners for an honest and ethical individual that believed in their ability to obtain the “American Dream.” Still to this day, he chooses his clients by his moral and ethical code to ensure he provides the best service not only for his clients, but also for his local community.

Meet the Partners: Matthew FultonMatthew Fulton (Senior Accountant), earned his Bachelors degree from UCSB in Business Economics with an emphasis in

Accounting. While working his way through college, Matthew assisted in the management of a well respected local business, Audio Experts. This unique opportunity to combine his university education with real world experience provided Matthew a greater understanding of how the economy directly effected the small business owner.

In late 2006, Matthew took over management of Breakers Mobile Electronic (Oxnard, CA) where he remained till late 2012. During his first year of control (2007), his team increased overall sales by 7% and substantially improved the gross profit at year end.

After 14 years of experience within the mobile electronics industry, Matthew was faced with his greatest and most rewarding challenge, managing a luxury item business through a national recession. It was during these difficult years that his prior experience was really put to the test and most valuable insights were gained. Financial analysis of weekly, monthly, and annual business performance for future forecasting modules. Reducing inventory and payroll to maintainable levels to maximize cash flow. Created new commission structures that benefited both the company and the employees Negotiating different business contracts including: building leases, credit card processing, purchasing terms, and business

insurances. Utilized new advertising venues to increase business exposure

SEO and PPC marketing linked with YouTube product reviews videos reaching over 100,000 views Cross promotions with other local businesses

In 2008, Matthew was asked to Join a non profit organization MERA, where he quickly became a member of the Board of Directors and Head of their Educational Committee. During his time with MERA, Matthew published multiple articles for industry publications and was requested as guest speaker for various organizations focused on the improvement of business profitability.

During 2013 Michael and Matthew had the opportunity to meet and discuss the future vision of Parkway Business Solutions. Together they quickly started to collaborate towards the mutual goal of providing “small business” owners with all their bookkeeping and accounting needs including payroll with an emphasis on customer service.

QuickBooks Certified Pro AdvisorsDedicated to Continued Education, the Parkway team members are consistently advancing their knowledge to provide the best service for clients.

The Service we provide:

Parkway Business Solutions utilizes the latest technology allowing us to provide business owners with customized levels of financial reporting. Utilizing our encrypted data transfer and storage remote accounting software helps ensure that your company information remains private and organized in your personalized digital file cabinet.

Weekly Bookkeeper Communication

Weekly Bookkeeper Notes provide constant communication between our team and you, so you can feel comfortable always knowing what is going on but still being able to focus on increasing revenues.

Excel Based Reporting allows all reports to accessed from a single file.

Uncategorized Income and Expense Reporting

Specific Notes and Questions to ensure quality of information

Monthly Financial Reporting

Monthly Financial Reporting can be customized to the needs of the business and traditionally include:

Profit and Loss Statements

Balance Sheets

Uncategorized Income & Expense Reporting

Account Reconciliation Reporting Including all Uncleared Transactions

Detailed Accounts Payables & Receivables Aging Reports

Year-end Tax Reporting

Year-end tax reporting is a breeze through proper income and expense classification, and providing concise records to share with a CPA.

Optional Payroll Processing

Optional Payroll Processing provides seamless data integration through our in house service or even third party companies such as Paychex, ADP, Intuit, and others.

Quarterly Reporting (940/941 & DE-9) and Workers Compensation reporting are automatically made available for in house payroll clients.

Direct Deposit available at no additional charge.

Online Data Transfer and Storage Bank Level Security with industry standard AES-256 encryption of

documents in transit and at rest.

Multi- level access allows internal employees access to specific folders while the Business Owner can access sensitive data securely.

QuickBooks Company File Transfer Parkway Business Solutions can remotely access your QuickBooks Company

file to perform scheduled updates to the accounting file, allowing business owners up to date financials on a weekly basis.

Parkway can perform Remote Desktop training for internal users to enhance the overall experience and quality of accounting data.

Specialized Accounting

Parkway Business Solutions works with clients throughout various industries allowing the specific accounting needs to be tailored to the clients information needs. Optional services available include: Prior Period accounting adjustments or full file rebuilding.

Job Costing- short term and/or long term projects.

Cost Accounting for Manufacturing environments.

Specialized Reconciliations including Accounts Payables, Receivables, Payroll and Tax liabilities, and much more

Cash to Accrual based adjustments

Client Recommendations:

“Ever since I hired Parkway for my bookkeeping services, my CPA has been happier, and my cash flow has become much easier to manage.” – Full Scale Hot Rods

“Mike amazingly took charge and reorganized my entire business… clearing up many years of errors. I no longer worry about my daily, weekly, and monthly reports because the Parkway Team does them for me.” – Maile Building Maintenance