BUSINESS CONSULTING
We can explain the options available to you when starting or operating a business. Our focus is on newly formed businesses (start-ups) and businesses in operation for less than five years. We can assist you in any of the following areas:
Business Start-Up
Starting a business is not an easy task and requires proper planning and execution. Having the right advice every step of the way is very important. With the experience to consider the variables, financial advisors can help you think about important considerations, such as what type of entity your company should be. Are you going to have employees? Will you need insurance? What type of accounting/recordkeeping is necessary? When you are starting a business, you must make these decisions carefully. The legal structure, for example, has implications for your start-up company’s business taxes and protection of assets.
Choice of Entity
Each business entity has different advantages and disadvantages. An S corporation operates much differently than a Sole Proprietorship. A Partnership is unlike a C Corporation. If you have already selected a business form, perhaps you are thinking of changing to another type of entity to reduce taxes or increase your options for retirement plans. Let us assist you with looking at advantages/disadvantages of each form of business. It's imperative that you select a business form that best fits your needs by evaluating legal exposure, ease of operation, tax advantages, and flexibility should you need to change business entities in the future.
Cash Flow and Budget Analysis
Through this analysis we summarize cash inflows and outflows of your business so that you can maintain adequate cash flow and know exactly how much money you need to keep your business operating without any surprises. Unplanned cash distributions can be devastating to a business owner.
Business Plans
Planning to get the most out of any new business begins with a good business plan. Good management helps you to set your objectives and follow through on your goals. A good business plan will help you make more informed decisions concerning your business. Preparing a business plan will clarify your management, marketing, and financial plans.
Profit and Operations Review
Want to "pump-up" your bottom line? Let us show you how to make your operations more efficient. We can analyze your operations from A to Z and make sure you are operating at full efficiency. We have helped businesses increase profits through innovative ways.