Milestone provides strategic guidance to Adipo Therapeutics, allowing the company to grow with confidence.

“As a small business, we need the experience and guidance that comes with having a full-time staff member, but only in a way that makes sense for our budget. Milestone has been amazing to work with; they have years of experience working with small businesses and know how to make a difference. The time we have saved working with Milestone has allowed us to focus on making our product the best it can be.” Karen Wurster, Adipo Therapeutics – CEO

Situation

Adipo was growing quickly and found that they could no longer meet all of their financial needs in- house.

Solution

Adipo hired Milestone to help with the day-to-day accounting and to provide the strategic guidance needed to continue to grow the business. Receiving expert support, advice, and fractional services, Adipo felt an impact immediately.

Outcome

Since hiring Milestone, Adipo has been able to grow with confidence, knowing that their financial needs are being handled with diligence and care.

Adipo Therapeutics was founded in December 2016 by Meng Deng, PhD, with the vision of creating a new way to help treat obesity. This innovation has the potential to take energy-storing white fat and convert it into energy-burning brown fat, providing weight loss assistance and increased glucose control for millions of patients.

When Karen Wurster became the CEO of Adipo in 2020, she brought with her years of invaluable industry experience and the practical skills needed to make the company a success. She eagerly embraced the challenges that come with running a small business but recognized that while Adipo was growing, they needed some help.

She noted, “Before we started working with Milestone, we were dealing with a number of different financial challenges. As CEO, I have managed budgets before, but we needed financial help beyond what I could provide. We were looking for some practical help managing day-to-day expenses, paying bills, and forecasting for the future. It was clear from our first meeting with Milestone that they checked all of these boxes.”

What Wurster found was that the staff at Milestone will go above and beyond to ensure all of the client’s needs are met and that they feel taken care of.

The peace of mind Milestone provides is not just limited to the day-to-day financials, though, as clients can receive CFO-level guidance for both the short and the long term.

She said, “I think the most valuable thing we receive from Milestone is strategic planning. It allows me to feel like I’m doing the best I can for the business and that I’m making the best financial decisions I can to push us forward.”

Confident that Adipo is in good hands, Wurster and the rest of the team can focus on what they do best. So, as Adipo continues to grow and change lives, they can do so confidently with Milestone by their side.