Consulting Services
NEW BUSINESS FORMATION
We offer entrepreneurs guidance to prepare their new business for success. Launching a new business is a daunting task with all of the financial, administrative, and legal requirements. In addition to these requirements, there are options available to you that will impact the ongoing profitability of your business. We will assist you with some of the tasks that must be addressed including:
A solid financial foundation and growth plan from the beginning will help business owners maintain control through the early years and prepare the business for success over the long term.
Contact Gene Whitacre, CPA to prepare your business for success.
STRATEGIC PLANNING
A strategic business plan is much more than a tool to obtain financing. Preparing a strategic plan helps align your company's activities with its vision, mission and objectives. It ensures your leaders are all "on the same page," and keeps both management and staff focused on the company's key strategies and tactics. The plan defines the industry macro environment, the company's competitive environment and your company's strengths and weaknesses. It helps you develop and narrow the strategies that will optimize your business and resources.
The plan allows you to:
Remember: Failing to plan is planning to fail. Let us help you develop a powerful Strategic Business Plan that drives your business to the level of success you deserve.
Contact Gene Whitacre, CPA to plan for success.
BUSINESS VALUATION
Few things are more important to business owners than the value of their business. The valuation you get for your business can make or break a business proposition. Whether you're negotiating a sale, acquisition, merger, considering new shareholders, estate planning, or attempting to resolve disputes, an objective valuation can make the difference between a loss or gain, success or failure.
Business valuation is not an exact science. It's based on judgment, experience and relevant information. So, you need professionals who are well qualified, with significant experience in evaluating all types of organizations. Our approach is to intimately know your business in order to understand what constitutes its value. We work closely with you to analyze your operations and historical financial data. Our in-depth knowledge of your business enables us to provide a well-reasoned, fully documented and defensible valuation opinion.
Not only do we have experience in valuing businesses, Gene has significant experience in negotiating Purchase Agreements and integrating acquired businesses. Let us put our business valuation judgment and experience to work for you.
Contact Gene Whitacre, CPA to discuss the value of your business and whether business valuation makes sense in your situation.
NEW BUSINESS FORMATION
We offer entrepreneurs guidance to prepare their new business for success. Launching a new business is a daunting task with all of the financial, administrative, and legal requirements. In addition to these requirements, there are options available to you that will impact the ongoing profitability of your business. We will assist you with some of the tasks that must be addressed including:
- Selection of the optimal business entity (Sole Proprietorship, Partnership, LLC, C Corp, or S Corp)
- Registering for an Employer Tax ID Number (EIN)
- Registering for various state tax ID numbers
- Registering for the company business license
- Opening a company bank account
- Establishing the company payroll
- Creation of the company accounting system
- Financing and Small Business Administration loan guidance
A solid financial foundation and growth plan from the beginning will help business owners maintain control through the early years and prepare the business for success over the long term.
Contact Gene Whitacre, CPA to prepare your business for success.
STRATEGIC PLANNING
A strategic business plan is much more than a tool to obtain financing. Preparing a strategic plan helps align your company's activities with its vision, mission and objectives. It ensures your leaders are all "on the same page," and keeps both management and staff focused on the company's key strategies and tactics. The plan defines the industry macro environment, the company's competitive environment and your company's strengths and weaknesses. It helps you develop and narrow the strategies that will optimize your business and resources.
The plan allows you to:
- Examine market conditions and the nature of your customers and competitors
- Identify and describe target customer profiles
- Test the credibility of what you think your customers need
- Develop marketing plans
- Develop staffing plans, including identifying the key employees, skills, attitudes and expertise needed to build your business
- Develop management plans including descriptions of management systems and timelines for implementation.
- Develop financial plans including projected start-up costs, operating costs, revenue, profits, and break-even analysis for the first 3 to 5 years.
Remember: Failing to plan is planning to fail. Let us help you develop a powerful Strategic Business Plan that drives your business to the level of success you deserve.
Contact Gene Whitacre, CPA to plan for success.
BUSINESS VALUATION
Few things are more important to business owners than the value of their business. The valuation you get for your business can make or break a business proposition. Whether you're negotiating a sale, acquisition, merger, considering new shareholders, estate planning, or attempting to resolve disputes, an objective valuation can make the difference between a loss or gain, success or failure.
Business valuation is not an exact science. It's based on judgment, experience and relevant information. So, you need professionals who are well qualified, with significant experience in evaluating all types of organizations. Our approach is to intimately know your business in order to understand what constitutes its value. We work closely with you to analyze your operations and historical financial data. Our in-depth knowledge of your business enables us to provide a well-reasoned, fully documented and defensible valuation opinion.
Not only do we have experience in valuing businesses, Gene has significant experience in negotiating Purchase Agreements and integrating acquired businesses. Let us put our business valuation judgment and experience to work for you.
Contact Gene Whitacre, CPA to discuss the value of your business and whether business valuation makes sense in your situation.