There are many aspects of operating a business that do not fall under tax planning or financial statement preparation, but are very important. These business advisory and consulting services surround more of the day-to-day operations of your business.
Business Acquisition
When looking to acquire a new business it is vital that you perform ample due diligence on the business. We can assist in determining the potential compensation to the new owner, how much debt you can support, and assist with different growth and expense scenarios.
Assist in Obtaining financing Packages
As your business expands or you acquire a new business, it may be necessary to obtain financing to fuel the growth or acquire the business. We can help you determine the level of debt the business can support. In addition we can work with you on preparing bank and SBA loan applications. It also may be necessary to prepare a business or personal financial statement for the lender.
New Business Start-Up
Starting a business from ground zero can be a difficult process completing paperwork, obtaining surety bonds, and getting your business off the ground. With our experience, we can help you avoid common mistakes, prepare realistic operating budgets, and examine the tax consequences of your business entity.
Business Entity Options
Choosing the correct business entity is something that should be done with both your CPA and legal counsel. We can assist by explaining the tax benefits and pitfalls of each business structure.
Sale of an Existing Business
You have grown your business and are ready to put it for sale. We will work with you to help ensure you structure your transaction in a method that will limit your tax exposure and keep more cash in your pocket.
Employee Benefit Plans
Now that you have the right mix of employees to make your business grow, will you be able to keep them? Competition for key employees continues to be fierce and an Employee Benefit Plan is a key way to help retain and reward your employees. Some portions of a good Employee Benefit Plan may actually save the company money while providing benefits to the employee.
Budget Operations
Preparing a functional budget is a key component of success because it provides you a financial roadmap for your business and for you personally. We work with both businesses and individuals to prepare budgets and can offer accounting services to help employees track their progress along the budgets.
Accounting System Training
We are very experienced with QuickBooks and routinely go to client sites to help train employees to better use the product and to correct errors in their statements.
Call or contact us today by email for more information on our Business Advisory and Consulting Services.