BUSINESS PLANNING IS THE FOUNDATION OF FUTURE SUCCESS

In today’s fast-paced, competitive world, many businesses face unprecedented challenges.

Maybe yours does too. If you agree, then chances are you’re spending more and more time on human resource issues, payroll tax compliance, and sales and use tax than you are on revenue-generating opportunities and planning for future growth.

Our business planning and advisory services include:

• Planning for strategic growth
• Performance metrics
• Review and evaluation of internal controls
• Business valuations and due diligence
• Budget and cash flow analysis and management
• Business entity selection and restructuring
• Financial projections and forecasts
• Assistance with debt and financing
• Business expansion and acquisition analysis
• Evaluation and implementation of accounting software

LEGAL DISPUTES CAN BE COMPLICATED, ESPECIALLY WHEN THEY INVOLVE FINANCIAL ISSUES

Many legal disputes involve financial matters and they often require analyzing complex financial, accounting, and tax information. Even if you’ve hired an attorney to represent you, you will still need litigation support regarding financial matters. If you’re not sure where to turn, we can help.

When you hire us, you get seasoned professionals with extensive litigation and courtroom experience. We work with your legal team to provide assistance with discovery and witness questioning, analysis of existing financial data, preparation of detailed financial reports and reviewing financial reports from the opposing party.

Specializing in matrimonial disputes including alimony and child support, as well as business valuations, property transfers, and pension valuations we have helped many clients and their legal counsel achieve favorable outcomes in court.

Our litigation support services:

• Forensic Accounting
• Fraud investigation
• Economic damage calculations
• Employment discrimination
• Dispute resolutions (family law, estates, trusts, business partnerships)
• Business valuation
• Business succession
• Inventory valuation
• Lost profit settlements
• Insurance claims
• Business entity structuring
• Purchase or sale agreements
• Shareholder disputes
• Expert testimony
• Report review and preparation

PROVIDING STRATEGIES FOR TRANSFERRING BUSINESS OWNERSHIP TO THE NEXT GENERATION - OR NEW LEADERSHIP

Developing and implementing a well-designed succession plan is essential to the survival of any family business. Yet, while eighty-five percent of family-owned firms have identified a family member as a successor, just one in eight has a succession plan in place.

Are you one of them?

If you already have a succession plan in place, then you’re already on your way to a secure financial future, but if you don’t, we are here to help.

Succession planning services include:

• Assist with the internal transfer to a family member
• Identify a potential buyer(s)
• Business valuations in preparation for sale
• Buy and sell agreements
• Estate and trust tax planning
• Gift tax planning
• Retirement planning and tax projections
• Business restructuring

IF YOU NEED BANK FINANCING, IT PAYS TO BE PREPARED.

The US Department of the Treasury has invested more than $3.9 billion in community banks across 47 states and the District of Columbia as part of the Small Business Lending Fund. Despite the availability of these funds, however, many small business owners have discovered the hard way that securing bank financing is not an easy task. If you’ve tried - and been unsuccessful at - obtaining bank financing for your small business without the help of a trusted advisor like us, you may be wondering where you went wrong.

Banks are not in the business of handing out money to everyone who asks. When you apply for a loan, they are evaluating your ability to pay back that loan by examining a number of factors. Whether you need money for startup costs or expanding your business, understanding what a bank wants and how to prepare for it can mean the difference between securing the financing you need or having to scrape together cash from other sources.

How We Help You Secure Bank Financing:

The first step we take is to make sure we understand your business and what you are trying to achieve. Next, we take a look at financial performance and projections and identify potential sources for financing. The final step is to work with you to prepare a successful business loan proposal that includes the following services:

• Executive summary
• Pro forma cash budgets
• Business financial statements
• Owner’s personal financial statements
• Lender introductions
• Representation

MANY BUSINESSES FAIL BECAUSE OF POOR CASH FLOW MANAGEMENT - DON’T BE ONE OF THEM

Cash flow refers to the movement of money flowing into and out of a business. Positive cash flow is when you bring in more money than you spend. It is what every business owner strives for because it enables you to pay your liabilities and invest in your business.

Conversely, if you are spending more money than you are bringing in, it is called negative cash flow. While there will be times when every business experiences temporary periods of negative cash flow, too many months of negative cash flow can - and will - cause a business to fail.

Here’s what we do for you:

• Develop short and long-term cash projections
• Analyze prior years' cash flow statements to help you understand where the money goes
• Prepare monthly, quarterly, and annual cash flow statements
• Provide you with tools to accelerate the collection process
• Develop updated billing and payment policies
• Assist with obtaining a line of credit
• Help you get the maximum rate of return on surplus cash