Business

Troy Renkemeyer Offers 7 Reasons Why Business Accounting Consultants Are Worth The Money

Published

2 years ago

July 31, 2023

As a business owner, you must monitor your bottom line and ensure your organization functions efficiently. An experienced accounting consultant can benefit any size company, from a startup to an established corporation. With their specialized training and experience in tax planning, financial reporting, auditing risk management, and more, having the right accountant on board can result in tangible financial gains. Here are seven reasons from Troy Renkemeyer why investing in a business accounting consultant may pay you back many times over for the price of their services.

Get an Accurate Understanding of your Financials

Money management can often feel like a complex puzzle, especially when understanding your financials. However, it’s crucial for your financial well-being to accurately comprehend where your money is coming from and where it’s going. An accurate understanding of your financials can help you make informed decisions. By reviewing your bank statements, tracking your expenses, and creating a budget, you can understand your financial situation and make positive changes. No matter your financial goals, taking the time to understand your finances is a vital step toward a brighter, more secure future.

Receive Expert Advice on How to Reduce Costs and Increase Profits

As a business owner, your ultimate goal is maximizing profits while minimizing costs. However, that’s much easier said than done. The good news is you don’t have to figure it out alone. With the right expert advice, you can identify inefficiencies and areas for improvement that you may not have even considered. From optimizing your supply chain to streamlining your operations, there’s no shortage of ways to cut costs and increase profits. By seeking the guidance of industry experts, you can ensure that you’re taking the proper steps to grow and refine your business. So why not take the first step in the right direction today?

Learn the Best Practices for Budgeting and Forecasting

Managing your finances can be daunting, but budgeting and forecasting can help alleviate some of that stress. By learning the best practices for budgeting and forecasting, you can gain control of your spending and plan for your financial future. Understanding the fundamentals of budgeting and forecasting is essential. With the right tools and knowledge, you can achieve your financial goals. So, why wait? It’s time to take control of your finances and start budgeting and forecasting like a pro.

Get Tax Advice Tailored to Your Business Needs

Navigating taxes can be a daunting task for any business owner. Every business is unique and requires specific tax strategies to maximize its profits. That’s where tailored tax advice comes in – experts who can analyze your business and provide customized solutions. With the right direction, you can ensure you are not overpaying taxes and are taking advantage of all available deductions and incentives. A tax plan tailored to your business needs can help reduce stress during tax season and save you money in the long run. Don’t just settle for generic tax advice; invest in tailored guidance to help your business thrive.

Keep Track of All Accounting Changes and Laws that May Affect your Business

Staying on top of the ever-changing accounting laws and regulations world can be daunting for any business owner. However, awareness of these changes is essential as they can affect your company’s financial health and future growth prospects. By keeping track of accounting changes and laws that may impact your business, you can make informed decisions about your financial planning and ensure you’re meeting compliance requirements. Don’t let an accounting change catch you off guard – take the time to stay informed and proactively manage your business’s finances for sustainable success.

Save Time and Resources with Accurate Advice from a Professional

Accounting consultants can take much of the burden off your plate, allowing you to focus on other aspects of your business. With their expertise and knowledge, they can quickly identify potential issues and provide solutions that will save you time and resources. Having an accountant in-house is cost-efficient because it gives you access to the best information. Plus, they know exactly how to comply with all relevant laws and regulations so that you don’t put yourself at risk for violations or financial penalties. By investing in a business accounting consultant, you’re positioning your company for long-term success without having to dedicate too much time or resources to keeping up with ever-changing regulations.

Final Thoughts

Financial success is integral to a successful business; having the right tools and advisors will help you achieve it. Having a comprehensive understanding of your financials is essential. It’s vital to get expert advice from Troy Renkemeyer on reducing costs, increasing profits, and staying updated with changing laws. Budgeting and forecasting best practices need to be followed to maximize organizational efficiency. Many things can be done to ensure the success of your business’s finances: from obtaining practical tax advice and keeping records up to date to becoming familiar with budgeting methods. Creativity and guidance from experienced advisors will move you closer to achieving your business goals. Therefore, take advantage of the opportunities available for greater financial intelligence today!

Business

13 Reasons Investors Are Watching Phoenix Energy’s Expansion in the Williston Basin

Published

5 hours ago

April 23, 2025

Matthew Wiles

As energy security becomes a growing priority in the United States, companies focused on domestic oil production are gaining attention from investors. One such company is Phoenix Energy, an independent oil and gas company operating in the Williston Basin, a prolific oil-producing region spanning North Dakota and Montana.

Phoenix Energy has established itself as a key player in this sector, expanding its footprint while offering structured investment opportunities to accredited investors. Through Regulation D 506(c) corporate bonds, the company provides investment options with annual interest rates ranging from 9% to 13%.

Here are 13 reasons why Phoenix Energy is attracting investor interest in 2025:

1. U.S. energy production remains a strategic priority

The global energy landscape is evolving, with a renewed focus on domestic oil and gas production to enhance economic stability and reduce reliance on foreign energy sources. The Williston Basin, home to the Bakken and Three Forks formations, continues to play a critical role in meeting these demands. Phoenix Energy has established an operational footprint in the basin, where it is actively investing in development and production.

2. Investment opportunities with fixed annual interest rates

Phoenix Energy bonds offer accredited investors annual interest rates between 9% and 13% through Regulation D 506(c). These bonds help fund the company’s expansion in the Williston Basin, where it acquires and develops oil and gas assets.

3. Record-breaking drilling speeds in the Williston Basin

Phoenix Energy has made significant strides in drilling efficiency, ranking among the fastest drillers in the Bakken Formation as of late 2024. By reducing drilling times, the company aims to optimize operations and improve overall production performance.

4. Expansion of operational footprint

Since becoming an operator in September 2023, Phoenix Energy has grown rapidly. As of March 2025, the company has 53 wells drilled and 96 wells planned over the next 12 months.

5. Surpassing production expectations

Phoenix Energy’s oil production has steadily increased. By mid-2024, its cumulative production had exceeded 1.57 million barrels, outpacing its total output for 2023. The company projected an exit rate of nearly 20,000 barrels of oil equivalent per day by the end of March 2025.

6. High-net-worth investor offerings

For investors seeking alternative investments with higher-yield opportunities, Phoenix Energy offers the Adamantium bonds through Reg D 506(c), which provides corporate bonds with annual interest rates between 13% and 16%, with investment terms ranging from 5 to 11 years, and a minimum investment of $2 million.

7. Experienced team with industry-specific expertise

Phoenix Energy’s leadership and technical teams include professionals with decades of oil and gas experience, including backgrounds in drilling engineering, land acquisition, and reservoir analysis. This level of in-house expertise supports the company’s ability to evaluate acreage, manage operations, and execute its long-term development plans in the Williston Basin.

8. Focus on investor communication and understanding

Phoenix Energy prioritizes clear investor communication. The company hosts webinars and provides access to licensed professionals who walk investors through the business model and operations in the oil and gas sector. These efforts aim to help investors better understand how Phoenix Energy deploys capital across mineral acquisitions and operated wells.

9. Managing market risk through strategic planning

The energy sector is cyclical, and Phoenix Energy takes a structured approach to risk management. The company employs hedging strategies and asset-backed financing to help mitigate potential fluctuations in the oil market.

10. Commitment to compliance

Phoenix Energy conducts its bond offerings under the SEC’s Regulation D Rule 506(c) exemption. These offerings are made available exclusively to accredited investors and are facilitated through a registered broker-dealer to support adherence to federal securities laws. Investors can review applicable offering filings on the SEC’s EDGAR database.

11. Recognition for business practices

As of April 2025, Phoenix Energy maintains an A+ rating with the Better Business Bureau (BBB) and is a BBB-accredited business. The company has also earned strong ratings on investor review platforms such as Trustpilot and Google Reviews, where investors often highlight clear communication and transparency.

12. A family-founded business with a long-term vision

Led by CEO Adam Ferrari, Phoenix Energy operates as a family-founded business with a focus on long-term investment strategies. The company’s leadership emphasizes responsible growth and sustainable development in the Williston Basin.

13. Positioned for long-term growth in the oil sector

With U.S. energy demand projected to remain strong, Phoenix Energy is strategically positioned for continued expansion. The company’s focus on efficient drilling, financial discipline, and structured investment offerings aligns with its goal of building a resilient and growth-oriented business.

Final thoughts

For investors looking to gain exposure to the U.S. oil and gas sector, Phoenix Energy presents an opportunity to participate in a structured alternative investment backed by the company’s operational expansion in the Williston Basin.

Accredited investors interested in learning more can attend one of Phoenix Energy’s investor webinars, which are hosted daily throughout the week. These sessions provide insights into market trends, risk management strategies, and investment opportunities.

For more information, visit the Phoenix Energy website.

Phoenix Capital Group Holdings, LLC is now Phoenix Energy One, LLC, doing business as Phoenix Energy. The testimonials on review sites may not be representative of other investors not listed on the sites. The testimonials are no guarantee of future performance or success of the Company or a return on investment. Alternative investments are speculative, illiquid, and you may lose some or all of your investment. Securities are offered by Dalmore Group member FINRA/SIPC. Dalmore Group and Phoenix Energy are not affiliated. See full disclosures.

This article contains forward-looking statements based on our current expectations, assumptions, and beliefs about future events and market conditions. These statements, identifiable by terms such as “anticipate,” “believe,” “intend,” “may,” “expect,” “plan,” “should,” and similar expressions, involve risks and uncertainties that could cause actual results to differ materially. Factors that may impact these outcomes include changes in market conditions, regulatory developments, operational performance, and other risks described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and Phoenix Energy undertakes no obligation to update them except as required by law.