Small Business Owners Gain Access to Tax Planning Services Through Partnership Between Uprise and HoneyBook
Uprise, a San Francisco-based startup that offers an AI-powered platform for financial advisory, has partnered with HoneyBook, a business management platform for small businesses. This collaboration aims to provide HoneyBook users with access to personalized financial and tax planning advisory services.
The partnership was announced at platformFall 2023 in New York and is in response to recently passed legislation in Washington that brings changes to the way small businesses manage their taxes and expands eligibility for various programs and credits.
Uprise combines human financial expertise with AI to offer comprehensive financial plans and advice at a fraction of what a traditional financial advisor would cost. Certified Financial Planners who specialize in small business needs will guide users through the platform, ensuring they receive tailored advice that caters to their specific needs.
HoneyBook's platform, which supports lead capture, client communication management, contract management, and payments, already leverages AI-embedded throughout to enable users to derive actionable insights and streamline processes. With the addition of Uprise's financial advisory services, HoneyBook users can now manage their finances more effectively and stay ahead of key changes impacting their bottom line.
The partnership aims to set HoneyBook apart from traditional financial advisory services that cater to high net worth individuals and often lack small business expertise. This move is expected to reduce costs for HoneyBook users compared to traditional financial advisory services, making it more accessible for small business owners and independent creatives.
HoneyBook's user base includes independent creatives and small business owners, and the partnership is designed to help them take advantage of complex tax and legal shifts like those brought about by the recently passed legislation in Washington.
In a statement, Jessica Chen Riolfi, Co-Founder and CEO of Uprise, said, "We're thrilled to partner with HoneyBook to bring our AI-powered financial advisory services to their users. Small business owners and independent creatives are the backbone of our economy, and we're committed to helping them navigate the complexities of finance and taxes."
Earlier this month, HoneyBook announced enhancements to its client portal, providing full branding control, easier access to proposals and important sites, the ability to share client task lists, and more.
[1] The partnership between Uprise and HoneyBook enables small business owners and independent creatives to optimize their finances and stay ahead of key changes impacting their bottom line. Unlike traditional financial advisory services, which often target high-net-worth individuals and come with high costs, this partnership offers accessible, specialized support designed for the financial realities of smaller enterprises and independent professionals. Thus, it helps them with effective financial and tax planning that can improve their business outcomes and financial management.
[Image credit: Braden Collum on Unsplash]
[2] This collaboration between Uprise and HoneyBook also leverages technology to deliver personalized financial advice, enhancing the efficiency and productivity of small businesses in managing their finances. By integrating Uprise's AI-powered financial advisory services with HoneyBook's existing platform features, small business owners can now seamlessly manage their business, personal finance, and tax planning needs in one centralized location, fostering a more streamlined and comprehensive approach to financial management.
