Business Consulting Solutions
Are you looking for ways to run your business better?
Are you unsure about what type of organizational entity is best for your business?
Are you ready to find a consulting partner that can help you with strategic planning and initiatives in your business?
If you said yes to any of the above questions, then our business consulting services may be right for you. Here are just a few ways we can help you improve your business performance and increase your profits.
A business plan organizes and documents the strategies you have for running and growing your business. You might need it to get a loan, to find a partner or investor, or simply to crystalize your thoughts.
There are many parts to a business plan, including:
- An executive overview
- A business model description
- Market opportunities and a competitive analysis
- Financial statements and projections
- Risk analysis
- An organization chart and staffing plan
- An operating plan
- And more
Whether you need a comprehensive business plan or just one section mentioned above, we can help. We offer services designed to work with you, step by step, to create the perfect business plan for your organization.
If you have recently started a business or are thinking of starting one in the future, we can provide our expertise. Working with a financial professional from the beginning of your business venture nearly doubles the chances of your success.
There are literally hundreds of things to take care of with a new business, and we can help take some of that burden off of your hands. Here are just a few things that need to be covered during your startup phase that are related to compliance or financial requirements:
- Determine the best type of entity for legal and tax purposes
- File papers with local, state, and federal agencies to set up your business
- Acquire a federal ID number from the IRS
- Open a new bank account, merchant account, and credit cards
- Select an accounting system, such as QuickBooks
- If you will be using eCommerce, select a shopping cart
- Acquire the necessary business licenses and permits
- Determine what insurance you should carry to protect yourself
- If you hire employees:
- Register with the IRS and the state agencies
- Select a payroll system
- Acquire Worker’s Compensation
- Set up benefits and a time off policy
- Secure accounting, legal, IT, and HR counsel
- Identify sales tax requirements and register with your state and local agencies
- Fulfill any investor requirements
Not only can we help you with many of the items above, we can also provide valuable guidance to help you increase the chances of succeeding in your new venture. This professional advice includes:
- Carefully managing your cash flow so you don’t get overcommitted
- Preparing a first-year budget so you can stay on track
- Setting realistic funding goals and helping you acquire the financing you need
- Reviewing operations from a financial management standpoint to make sure you will be on track for your profit margin goals
- Helping you plan for large capital acquisitions so that you can minimize borrowing and be smart about your cash management and growth rate
We love working with startups, so please reach out to find out more about our startup consulting services.
Many factors should go into the decision of choosing the best entity type for your business. Each entity type has different legal and tax advantages and disadvantages. The most common choices for type of entity are:
- Sole proprietor
- Limited liability company (LLC), of which there are a few kinds as well as different tax treatments, and these vary state by state
- C corporation
- S corporation
We can advise you of the options available to your situation and/or circumstances, plus help you get started with business filing requirements.
As your business grows, it may outgrow your original choice of entity. We can help you evaluate the right choice of entity for the phase your business is in today and help you re-organize if a change is determined to be the best course of action.
Contact us to get started on entity selection services.
With our management consulting services, we typically work with a senior executive on a specific project or on a retainer basis. In many cases, it can be extremely valuable to simply have an educated, unbiased outside view at your disposal.
The goal of our management consulting services is to improve your business performance, often through profitability or other measurable results.
Feel free to contact us to find out more about our management consulting services.
Our strategic planning services help your organization evaluate or re-focus your goals, resources, and energy.
We help you create a vision statement and a mission statement so that you have a solid foundation to build upon. We then work with you to set goals and objectives, including how to measure progress through metrics you select.
From there, we help you create your action plan as well as set up accountability and a periodic progress check. When your employees, customers, vendors, investors, and other stakeholders clearly understand and are in alignment with the business’s objectives, you have the best opportunity to succeed.
Let us know how we can help you develop your strategic plan.