Clients

Domal D. Williamson

Services

Website Design

Keyword

Development, UX, UI

Clients

Riser Fitness, LLC

Riser Fitness, LLC – one of the largest multi unit operators in the Club Pilates system (80 ± studios as of April 2025)

Engagement

End to end finance partnership: outsourced accounting, systems architecture, process design, talent search, fractional CFO oversight

Timeline

2016 – present

Studios Managed

2 → ~80 (2016 2025)

Systems Delivered

QuickBooks Online ➜ NetSuite OneWorld (multi entity), automated intercompany module, KPI dashboards, POS ↔ ERP integrations

Current Role

Strategic finance consultants supporting the new in house CFO (since May 2025) and providing ongoing oversight of accounting staff

1. Challenge

When Riser Fitness opened its second Club Pilates studio in 2016, the founding team needed the financial discipline of a mature enterprise—but on a start up budget. Rapid franchising created pain points:
  • No consolidated view across newly formed LLCs
  • Manual tracking of royalties, marketing fees, and shared payroll flowing between entities
  • Heavy owner involvement in the monthly close, leaving little room to pursue growth opportunities
  • A looming systems overhaul once studio count outgrew QuickBooks Online

2. RISE Consulting Solution

Phase Our Actions Highlights
Foundation (2016–17)
  • Took over day-to-day bookkeeping and AP/AR for two entities
  • Implemented a standardized chart of accounts & location codes
Reduced owner time spent on books by >80% in the first six months
Scale Up (2018–22)
  • Built a multi-entity QuickBooks file with intercompany rules
  • Designed a cash flow waterfall model to fund new build-outs
  • Introduced weekly flash P&Ls for studio managers
Enabled an opening cadence of ~2 studios/month without adding HQ headcount
Enterprise Upgrade (2022–24)
  • Led selection & migration to NetSuite OneWorld
  • Consolidated 75+ LLCs plus the management company in a single instance
  • Integrated Mindbody POS & payroll feeds; scripted eliminations
First three consolidated closes in NetSuite delivered in 7 days, down from 21
People Transition (2024)
  • Hired & trained the controller, senior accountant, and AP specialist
  • Shifted RISE’s role to direct oversight of the in-house accounting team
Internal staff now own 95% of routine close tasks
Strategic Advisory (2025–present)
  • Onboarded the client’s first full-time CFO (start date 5/1/2025)
  • Continue to provide fractional CFO support on growth modeling, intercompany structure, and M&A
Smooth leadership hand-off while retaining strategic continuity

3. Results That Matter

  • Studio count multiplied 40× in under nine years (2 → ~80 by April 2025) while maintaining GAAP‑compliant financials each month.
  • Month‑end close cycle cut from 20+ days to 5, enabling timely KPI dashboards for district managers.
  • Clean NetSuite data & audited statements accelerated investor due‑diligence, securing a nine‑figure growth facility and expanded credit lines.
  • Seamless leadership hand‑off—RISE moved from “doer” to “coach,” leaving a self‑sufficient accounting department yet remaining the trusted strategic advisor.

4. What the Client Says

“RISE built our finance backbone from the ground up. Their team proved we could open studios at lightning speed without sacrificing visibility or control. Bringing in a full time CFO was the next logical step—and RISE made that transition painless.”

— Eduardo Lombardi, Managing Member, Riser Fitness

Note: Quote reproduced with client permission, full testimonial available upon request.

5. Key Takeaways for Founders & Franchise Operators

  1. Invest early in scalable processes. Your ERP and chart of accounts must anticipate 50 entities, not just five.
  2. Outsource until the inflection point. Fractional experts bridge the gap between start‑up chaos and enterprise discipline.
  3. Data quality drives capital access. Institutional investors reward clean numbers with better terms.
  4. Plan your exit from day one. A phased engagement roadmap ensures a smooth hand‑over to internal staff and leadership when growth economics justify it.

How We Delivered This Project

Need a finance partner to fuel your own rollout? Let’s talk. RISE Consulting delivers the people, processes, and platforms that turn big visions into auditable results—at a fraction of the cost of building it all in house.

Need a finance partner to fuel your own rollout? Let’s talk. RISE Consulting delivers the people, processes, and platforms that turn big visions into auditable results—at a fraction of the cost of building it all in house.

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