The term management consulting encompasses a broad range of services designed to allow the owners/managers of any organization to make decisions based on timely, relevant and critical data. Our firm can do cash flow analysis and projections as well as a monthly budget, which is always helpful to contain costs. We can also review financing proposals before you sign the contract with your local banker. We may be aware of other financing options which are better tailored to your business.
We can save the budding entrepreneur many times our fees by getting a new business started properly. We can help the new business owner avoid costly penalties by registering the new business with the necessary government agencies. We can set up an affordable accounting system and chart of accounts to give you a structure which will make bookkeeping easier. We can also train you or your employees how to develop efficient routines relating to billing, making deposits, paying bills, collecting time records (from employees for payroll) etc. We also develop internal controls to reduce the likelihood of embezzlement. Obviously, entity selection is part of this discussion.
We highly encourage everyone contemplating starting a new business to seek the counsel of a good attorney. When considering whether to organize and operate your new business as a sole proprietorship, partnership, limited partnership, limited liability company, corporation, Sub S corporation, professional corporation, etc., we can provide tax planning considerations to weigh along with legal recommendations of your attorney. The form in which you operate your business has a significant impact on your overall tax burden and other liabilities.
Human Resources Consulting
Hiring a great employee can add to the strength of your company. Hiring a mediocre employee can cost you dearly. We offer pre-employment testing which provides incredibly accurate assessments of the strengths and weaknesses of your top candidates. We also provide compliance exams (to make sure that your hiring practices are non-discriminatory) and we can implement non-harassment policies. We can also produce Employment Handbooks and Job Descriptions, which may actually reduce your workers’ compensation or employment practices liability insurance premiums. We also review benefit plans so that you can stretch that employee benefit dollar even farther.