Business Consulting

Despite being the backbone of our economy, you face a litany of challenges from the large, well funded corporations, government regulations, and taxes. In addition, financing can be difficult to obtain. Success or failure is based upon planning and execution.

We can assist in both planning and execution. You can benefit from Tom Franklin’s eighteen years of experience as a CPA consultant, banker and Chief Financial Officer (see WHO I AM and WHAT I DO for additional information).

We can assist you in making your business grow and succeed. Day to day advice and services includes the following:

• Obtaining additional financing. Preparing or attesting financial statements when banks require such analysis. Determining alternative sources of financing when banks say no.
• Training staff on performing accounting functions.
• Maximizing deductions and minimizing income to minimize the income tax implications.
• Setting up internal controls so more work can be delegated to other employees.
• Compiling, reviewing or auditing your financial statements to obtain financing.
• Determining exit strategies. Have you contemplated plans for your business and loved ones if you become disabled, terminally sick, or pass away?

Some of the services for start up businesses include advice on the following start up issues based upon our interviews of your goals include, but are not limited to, the following:

• Entity name. What filings are required to secure your business name so no one else may use it?
• Entity structure. Which entity produces maximum tax benefits? Which entity is more conducive to obtaining outside equity? Which entity provides liability protection?
• Location of your business. Should and can you (based upon the existing zoning laws) run your business out of your home? What are the questions to ask prospective landlords so you can estimate costs?
• Acquisition of a business. Do you need a due diligence examination performed? What are creative ways whereby the seller is assuming some risk for you to succeed?
• Business plan. Do you need someone to examine you budget? Do you need assistance in preparing the budget?

The list of your needs will be specific to your particular background, industry, and goals. EMAIL ME to help your business grow!