Business Advisory Services
Whatever concerns you have, we offer industry experts who understand your business challenges and are familiar with the latest business management advances and best practices. We are solution-focused in our approach so that you start seeing results sooner rather than later. We advise clients in medical/dental practices, non-profit organizations, and privately-held companies. We can help you navigate your way through financial concerns, overhead streamlining, staffing issues/recruitment, effective marketing, and more.
Business Entity Selection
Choosing the form of entity for your business is a crucial decision that can have longstanding tax implications, positive or negative. Should you establish an “S” corporation, sole proprietorship, or Limited Liability Company? We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.
Business Succession Planning
Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company’s day to day operations. With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan.
Whether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. We can provide an objective analysis to assist you in the valuation of any business in which you have an interest.
Buying & Selling a Business
Properly structuring the purchase or sale of a business is a critical first step in the process. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.
Cash Flow & Budgeting Analysis
A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company’s financial condition, estimate financing requirements, and track cash-flow sources and uses.
Client Training Center
We offer a variety of options to our clients through our client training center. We offer seminars, classes, coaching, small groups, and lunch and learns; all of which are designed to help our clients excel in their professional and personal lives. These sessions are also great networking opportunities for everyone involved.
We believe culture trumps strategy. We can assist you in analyzing your company’s culture and offer solutions to assist you in accomplishing your purpose. We also can assist in team building exercises.
Family Business Issues
We want to do everything possible to prevent family-owned businesses from injuring family relationships. We have extensive experience in coaching, consulting, and planning to help achieve healthy relationships in family-owned businesses.
Financial Forecasts & Projections
Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company’s financial goals.
Fraud Prevention & Detection
We use accounting and auditing skills to provide an analysis of financial records in conjunction with fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices.
Quality of Life
We work with our clients, at their request, to improve the quality of their work lives. This seems to be a common problem in today’s society.
Many clients do not need or may not be able to afford a fulltime controller/CFO. In specific situations, we can fulfill this role as an extension of our many other services.
If you’re planning a start-up, we can help you avoid costly “rookie” mistakes. We’ll help you develop your business plan and projections for lenders. We understand what lenders are looking for and can provide the necessary strategic guidance as you launch your new practice. If you’re planning an acquisition, choosing the right practice and paying a fair value are important decisions. We can analyze the seller’s conclusion of value so you have confidence that the practice was fairly valued. Equally important are the terms and conditions of your buy/sell agreement. We can provide transition planning advice as you negotiate the buy/sell agreement.
Even the most qualified managers can benefit from competent, objective feedback. We can help your company’s management team develop long-term objectives and specific strategies to facilitate your business’s future growth and success. Successful implementation and periodic review of your financial/strategic plan will ensure financial independence during your working and retirement years.
Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security.
We assist our clients in determining the proper financial loans or investments and the places to obtain them.