We spend time with our clients to develop a custom strategy because what works for one person doesn’t necessarily work for everyone. What makes our programs unique is we sit down with you one-on-one and do the training. We are there with you to answer questions specific to your business.

Business owners know how to do the job, but don’t always understand all aspects of their business, and this can often be the difference between success and failure. Through our education programs, we can help make your business more efficient and effective, more profitable and improve cash flow. Our services typically range from 2-5 up-front advisory sessions where we help our clients develop a strategy for now and into the future.

We can help those just starting out in business figure out how to survive to those who have been in business for 20 years and who want to take it to the next level.

Some programs we provide that incorporate many of the educational programs include:
Many small businesses fail with the first five years. To be successful, you need to know how to run your business efficiently. Through this program, you will learn how to keep your business from become another statistic and get off to the right start. We will education you on the key pieces of running a business such as entity structure planning; Corporate-LLC Income Strategies; Cash Flow Planning Using Your Corporation-LLC; Business Operations and Documentation; Entity Registration; and Company Fringe Benefits.
Don’t make costly mistakes when buying your biggest asset. Our Associates have been involved in multiple small and large business purchases and know some the pitfalls to avoid.
You worked hard to build your business and you want to get the most out of it when you sell it. You want to maximize your sale price at the lowest possible tax rate and get the most value for your business. We can help you avoid the many common mistakes owners make when selling their business.
Business is just a game of numbers, and the business owner that learns to control the numbers best wins. This program will teach you how to make your business more effective, more efficient and more profitable. By approaching the management of your business from numbers side of things.
Is it time to start planning for your business to be taken over by a key employee or family member? You need to start planning today to make sure your biggest asset does not disappear after you are gone.
Owning and managing rental properties is a business onto itself. This program teaches you the ins and outs of running a rental business and maximizing your deductions and return on investment. It will also answer questions like should I have my rentals in a Limited Liability Company (LLC) or not and other important business decisions.
Are you truly maximizing the profits of your business? Most likely not. We find that most small to midsized businesses operate with too much overhead and really don’t have a profit plan in place. With our strategic business analysis, we will look in every nook-and-cranny to find ways to increase your bottom line and create a profit plan.
Some educational opportunities we offer include:
We will help you increase your financial IQ by educating you on cash flow and budgets. We can put together a funding needs timeline specific to your business. This way you will be aware of when payroll, payroll taxes, personal taxes and other payments are due. We will teach you how to find your marginal tax rate so you can figure out how much you need to earn to pay down debt. We will also help you figure out how much you need to earn to get money in your pocket or break even. Do you have a profit/loss statement? If not, this program will show you how. We can create a 12-month projected budget to help you better plan and be prepared.
There are a lot of benefits to converting your sole proprietorship to a corporation. A corporation can give your business limited liability, which will help protect your personal assets from business creditors and perpetual operations of your business. A corporation also provides tax deductible fringe benefits for the owner and other tax benefits. Keep in mind a sole proprietorship is the most expense tax wise business entity to operate.
We will explain the importance of making all payments to the corporation and cover the need for creating a business bank account and watching the deposits. The IRS considers all money received by the corporation to be income whether it is deposited or not. As a corporation, you need to take a salary and we can help you determine what is reasonable compensation based on the IRS standards. We will educate you on shareholder and member distributions. We will also do wage & rent analysis, royalty fee analysis and distribution planning.
We will explain the importance of making all payments to the Limited Liability Company (LLC) and cover the need for creating a business bank account and watching the deposits. The IRS considers all money received by the LLC to be income whether it is deposited or not. We will educate you on member distributions. We will also do wage & rent analysis, royalty fee analysis and distribution planning. Our goal is to maximize your distributions in the lowest tax rates.
Income shifting is a legal method for having income paid to other members of your household that are most likely in a lower tax bracket. There are many strategies that you can take advantage of so you can pay a lot lower tax rate on your income.
Teaches you how to make sure your business is tax efficient. We will look at the following different options and determine the best fit for your business: Sole Proprietor; S-Corporations; Corporations; and Limited Liability Companies.
We will educate you on the different types of health insurance plans (individual or group) and point out the pluses and minuses of each to you as the business owner and your employees. We will explain how Health Savings Accounts work, who can use them and how to fund them. We will also address other insurances such as long-term care, disability and life and figure out what works best for business. We will look at some retirement income plans you could offer your employees.

For more specific information on benefit options, visit our financial services page.

One of the challenges of having employees is to motivate them in a way that syncs with your business goals. Employee Incentive Plans (EIP’s) is a process of aligning the employees’ goals with your businesses goals.

The information contained in this article is not intended to constitute legal, accounting, tax, investment, consulting or other professional advice or services. For specific information that applies to your circumstances you should consult a qualified tax advisor. In accordance with IRS Circular 230 Disclosure, and to ensure compliance with requirements imposed by the U.S. Internal Revenue Service, we inform you that any tax advice contained in this article was not intended or written to be used, and cannot be used, by any taxpayer for the purpose of (1) avoiding tax-related penalties under the U.S. Internal Revenue Code or (2) promoting, marketing, or recommending to another party any tax-related matters addressed therein.