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    Tena L. Chase, CPB

Tena L. Chase has over two decades of experience directing financial accounting and business management in a variety of industries. Her work has resulted in significant savings and increased profitability for her clients. She is skilled at ensuring strict adherence to governing polices, regulations, and standards (including GAAP compliance) and has an unwavering commitment to help her clients achieve strong financial performance while upholding the highest ethical standards of the accounting profession.

Highlights of Accomplishment

• Convert accounting system from cash to accrual basis to bring books into compliance with GAAP and satisfy SEC requirements.
  $3.1M / year - Financial Services

• Identified more than $500,000 in assets that had been inadvertently written off; added assets to balance sheet and notified tax accountant of changes
  $4.5M / year - Hospitality

• Discovered and corrected $100,000 in overstated expense and liabilities, resulting in increased net income and owner equity
  $4.5M / year - Hospitality

• Recommended and set up credit card processing and created Web site to establish organization’s online presence
  $1.2M / year - Nonprofit [501(c)3]

• Built streamlined/automated systems in billing and accounts payable functions, requiring less time and making information more accessible
  $1.2M / year - Nonprofit [501(c)3]

• Increased employee benefits at no additional cost to the employer, while saving the company time and money in
  benefits administration
  $1.3M / year - Nonprofit [501(c)3]

• Decreased redundant check issuance by suggesting and implementing new check issuance protocol
  $20M - $50M / year - Manufacturing

• Developed and implemented a system for employee purchases from ordering the products through purchasing to payment for the purchase through accounting or payroll, eliminating bottlenecks, redundancy and confusion
  $20M - $50M / year - Manufacturing

• Completed failed conversion from QuickBooks to Solomon (including eight months worth of reconciliations, two quarters of un-filed or incorrect payroll reports, incomplete program set up, etc., Obtained refund from state for overpaid employer payroll taxes)
   $4.5M / year - Hospitality

• Created system to track accounts receivable through QuickBooks without using the accounts receivable module, company had been using a spreadsheet and Quicken for this purpose.
  $1.5M / year - Insurance

Tena believes in life long learning and is currently enrolled in an MBA program focusing on sustainable business and accounting.  Tena has had the attitude and determination to complete three associates degrees and two bachelors degrees.  Tena is also studying to become an Enrolled Agent and expects to complete her studies in late August, which would ensure she would have her license for the 2011 tax year.

Tena is always up to trying new things. The combination of a love for life long learning and being 'up to a challenge' make her the perfect person to be CEO of this company.  TLC Business Solutions is all about helping people face challenges and win!

The desire to help others is what motivates Tena. When TLC Business Solutions was opened in early 2000, Tena's motivation was to provide help to business owners by troubleshooting problems, streamlining processes, and coming up with other innovative ideas to help others succeed.

In June of 2011, TLC Business Solutions, LLC. was formed in the state of Washington as a wholly owned subsidiary of Innovative Strategic Business Solutions, Inc. of Oregon to provide bookkeeping, payroll and consulting services. Tena decided in light of the financial disaster, others would be best served if she offered her knowledge and expertise to others focusing on sustainable growth for the company.

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