Reclaim Your Financial Confidence With FOSS Business Solutions

Located in Cleveland, OH, FOSS Business Solutions is an outsourced, virtual bookkeeping and accounting department for small businesses. With clients in multiple states, FOSS Business Solutions has developed the back-office accounting infrastructure and tools needed to support any small business.
  

Our systems and processes are a budget-friendly option for small businesses and provide established best practices in financial leadership and oversight. Cloud-based accounting and bookkeeping allow us to quickly meet client demands while maintaining accuracy with automated solutions.


Our Mission

To be a virtual accounting department that provides financial confidence and creative solutions to strengthen our small business clients;

To create a family-first workplace of shared success where employees are respected for their skills, integrity, and pride in their work;

To constantly seek new opportunities to ‘wow’ our clients with service and responsiveness.

 

Our Team

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and workin…

Mike Foss 

Founder and President

Michael Foss, M.B.A., is founder and president of FOSS Business Solutions, a managed cloud accounting and virtual bookkeeping firm for small businesses.

Mike received his M.B.A. from Cleveland State University and B.S from Slippery Rock University in Pennsylvania. Mike’s career has spanned multiple industries, including Sport Management, Stadium Operations, Entertainment, Event Management, Technology, Automotive, Internet, Retail, Restaurant, and Business Services.

With over 20 years of experience working with hundreds of small businesses in various industries, Mike has developed an expertise for the unique, dynamic needs of companies in transition with revenues up to $25M. Mike has experience leading transitional environments such as turnarounds, startups, rapid growth, acquisitions, downsizing, divestures, and outsourcing. In these environments, Mike has successfully provided financial management, budgeting and control, accounting and reporting, human resources, IT, insurance, and contract negotiation. He has a successful history of having a positive impact on growth, profitability, cash flow and working capital management with his proven methods.

In his free time, Mike can be found traveling with his family or coaching baseball and football for his three sons.

Connect with Mike on LinkedIn


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Carolyn Foss

Owner, Virtual Bookkeeping

Carolyn Foss provides virtual bookkeeping and managed cloud accounting services to clients and oversees administrative functions for FOSS Business Solutions, including marketing and recruiting. Carolyn received a Bachelor degree from the University of Vermont and a Juris Doctor from Case Western Reserve University.

Prior to FOSS Business Solutions, Carolyn worked in Gift Planning at the Cleveland Clinic.

Carolyn is active on various boards and committees, and has served in leadership roles at Communion of Saints School at St. Ann Church in Cleveland Heights.

Originally from South Bend, IN, Carolyn is a huge Notre Dame sports fan. Away from the office, Carolyn enjoys chasing around her three sons.