7900 International Drive Suite 300 Minneapolis, MN 55425

Wealth Management

Providing comprehensive financial services to clients is essential for any business and business owner to succeed! Whether it’s planning for retirement or college expenses, or setting your business up for long term success is our passion. In addition to developing a custom financial strategy for each client, we can also assist as part of an advisory Board setting.  This is essential to confirm financial goals and make adjustments as economic or lifestyle conditions warrant.  Contact us today for more information!


Commercial Banking


From start-ups to long-tenured companies, our commercial lenders understand the unique challenges of today’s small businesses.  Building genuine relationships with a thoughtful approach has given us a solid foundation for success. Over the past 10 years, we have helped clients get the funding and banking they need and we can do the same for you!  Contact us for more information!

CFO Services

CFOs most commonly partner with companies to help overcome financial challenges, achieve growth, optimize strategy, implement systems, raise capital, or navigate an audit or transaction.

Overcoming Specific Challenges:

CFOs are often brought into an organization when there are financial challenges that the company’s existing team does not have either the skills or manpower to overcome. In many cases, a company does not have an in-house CFO. In some cases, however, the company may have an existing CFO, and the fractional CFO acts as a partner or advisor or helps lead separate projects such as raising capital or navigating an audit.

A fractional CFO is often brought into a company to help overcome specific financial challenges such as:

  • Cash flow issues
  • Low gross margins
  • High expenses
  • Outgrown existing systems
  • Need to make cost cuts
  • Navigating an audit

Create Forward-Facing Financial Visibility

CFOs are also helpful in optimizing or implementing more forward-facing financial visibility. While many financial professionals such as bookkeepers, accountants, and controllers are tasked with keeping past and current finances organized and well-documented, a CFO focuses on the future.

A  CFO helps determine how to get you from where you are to where you want to go. Growing a business requires strategic use of capital. For many fractional CFOs, one of their most important contributions will be providing a financial forecast that will act as a blueprint to achieve the growth in the most efficient, accelerated, and sustainable way possible.

With a short-term (next 90 days), mid-term (rest of this year), and long-term (next 3-5 years) view of the business, a company can better anticipate its trajectory and cash position or requirements. It can make it easier to manage through the lean times, help determine when and how to secure loans or investments, anticipate future owner compensation, and help plan and prioritize future business decisions such as staffing, production, geographical expansion, etc.

Fractional CFOs can help companies:

  • Develop detailed short-, mid-, and long-term financial forecasts
  • Prepare budgets based on forecasts
  • Analyze potential future products, services, markets, and customer segments

Helping Manage Growth

Fractional CFOs are also helpful in scaling a business, ensuring profitable growth as the business becomes more complex. This work involves reinventing the tools, processes, and vendor relationships the business uses to deliver value to an ever-growing and increasingly diverse set of customers. This is often called “bridging the chasm”, as most companies start to see declining margins and increasing headaches as they grow revenue past a certain threshold.

The philosophy of “What got you here won’t get you where you want to go” is ever-present in business once past the initial start-up phase. Businesses launch additional products, open new territories, open additional locations, transact in new currencies, and deal with increasing regulatory requirements. These all require more advanced thinking, tools, and techniques.

Many bootstrap startups begin with a part-time bookkeeper and simple systems but later find that they cannot sustain additional business growth and complexity. Systems, resources, processes, and strategies must scale in sophistication as a company grows.

Contact us to find our more about our CFO services or about Hiring the Board!


Business Attorney

This practice focuses on giving small businesses the ongoing legal support they need, without the cost of a full time lawyer retention.

– Collaborative business model, is demonstrated by an office setting that includes close quarter work with attorneys of a variety of practice areas.  This ensures clients have access to a broad range of professionals, including; tax attorneys, employment attorneys and accountants.- Our attorneys are comfortable having the ‘difficult’ conversations, meeting with a client and getting them to their desired goal.

IT Managed Services Provider

managed IT service is an information technology (IT) task provided by a third-party contractor and delivered to a customer.   In an effective managed services relationship, a customer benefits from predictable pricing and the ability to focus on core business concerns rather than IT management chores.

What services are most commonly used?

The remote monitoring and management of servers, desktops and mobile devices is a common type of managed IT service. Remote monitoring and management is often a basic, foundational service for a managed services provider. And since many managed services provider firms offer this service, there’s heavy competition and pressure on profit margins.   Customers increasingly demand IT security assistance from their service providers. Accordingly, services providers are developing managed security services practices or partnering with security vendors to provide cybersecurity services.

With the advent of cloud computing, managed IT services have also evolved to include cloud services, providing managed public cloud services in conjunction with cloud providers such as Amazon Web Services (AWS), Google and Microsoft. Service providers may also market managed platform as a service (PaaS) offerings or partner with software as a service (SaaS) vendors such as Salesforce in the CRM space and ServiceNow in the service management market.

A provider of managed IT services may also seek differentiation in the communications arena. Examples include managed IP telephony services in which a managed services provider assumes responsibility for voice services within a customer account.

Contact us to find our more about our IT services or about Hiring the Board!

Commercial Real Estate

A commercial real estate broker is a licensed professional who helps clients buy, sell, or lease properties that will be used for business purposes. They represent and act as mediators between buyers and sellers.  A Top Commercial Real Estate Broker Values Both IQ and EQ. The Competent Broker Fights with Verbal Judo. A Good Broker Knows the Ins and Outs of Commercial Real Estate. Brokers Build a Good Prospect Database.  If you are looking to buy, sell or lease any type of commercial real estate chances are you’ve already been told that you should hire a professional commercial broker for the transaction. Much like you wouldn’t file taxes without the help of a CPA or design a house without an Architect, in order to protect your best interests and get the highest return on your investment, you should always engage a Broker for any and all commercial real estate transactions.

Contact us to find our more about our IT services or about Hiring the Board!


Scott Kaufman, Alternative Lending

Liquid Capital is an alternative funding source for a wide variety of needs. Liquid Capital has been around 15+ years but has only been in Minnesota since 2014.

Liquid Capital is great source when banks can’t finance or can’t provide enough funding. Unlike many other alternative funders, Liquid Capital has a wide variety tools available (Factor Receivables, PO Financing, Equipment Financing, Purchase Finance, Unsecured Loans, Credit Insurance, etc.)

For more information please contact Scott Kaufman, President of Liquid Capital.

8456 Urbandale Ln N Maple Grove, MN 55311


Vernon Stading, Business Consultant

At Devoted Enterprises we help small and mid size businesses improve their operations, roll out new products, create business plans, define your marketing plan, and become more profitable. We believe that there are business challenges that are universal regardless of the industry that they are in. These are the SIX FUNDAMENTAL TRUTHS:

Operational Inefficiencies– All businesses, regardless of how great they are, have some level of operational inefficiency.
Growing Your Business- All businesses want to grow their business or spend money on marketing or advertising to do so-but are you spending wisely?
Cost Savings- All businesses tend to spend money on things that are not essential and tie up precious cash flow.
Outside Perspective- Every operation can benefit from an outside set of eyes and direction. When you are in the middle of the war, it is hard to have clear vision and direction, or to convey your leadership vision to your team.
Staffing Challenges- Not having the right people or having too much turnover or bad morale makes thousands of businesses fail each year.
Lack of Structure- Entrepreneurs, because they tend to be more of a free spirit and motivated to do good work, tend to be less adapt at adding structure, processes and guidelines into their operation.

We have found these things to be true for every business we have worked in and we are experts at helping you with any challenges that arise. We have help take your business to the next level. Contact us today for a no obligation evaluation of your business!

For more information please contact Vernon Stading, Founder and CEO of Devoted Enterprises.



651-470-7057 (cell)