Business Advisory Services
Insight for turning “what could be” into “what is”
Our employees are consultants, providing solutions to help clients advance their businesses. Hawkins Ash CPAs professionals assist businesses in the ever-growing complexities of business itself. Achieving profit and growth requires planning, focus, attention to detail, and a direction that is clearly communicated to everyone within the organization.
From the right accounting software choices to the proper management of the human side of your business resources, we provide the insight for turning “What Could Be” into “What Is.”
We meet with owners or various team members of an organization and determine what the short and long-term goals are and then derive the changes needed to achieve those goals. Our work does not stop with the plan outline being placed on a shelf collecting dust. We work with management to monitor progress to various target points detailed in the plan.
Financial Forecasts and Projections
Your financial statements show you where your organization has been, but let us give you a glimpse of what you can expect and a road map for how to make that a reality. We’ll work with you to predict what’s going to happen based on what we know today and what work is in the works for the future. We can take our forecasting a step further and set up key performance indicators to help monitor and track your daily/weekly progression toward your goals.
For those who own and operate commercial real estate, we assist with the calculation of common area maintenance (CAM) expenses. These common costs include administrative expenses, maintenance, real estate taxes, insurance, etc, and are usually incurred by tenants, paid for by the owner, but reimbursed by the tenant.
Each year, our tax specialists look at your depreciation schedule, current year acquisitions, and current year disposals to determine what the optimized amount of depreciation expense should be taken given the situation. We seek to help you make your assets work to the best interest of you and your business while minimizing your tax bill.
Our team works for you to provide our sellers with the highest after-tax proceeds and our buyers with the best purchase price allocations for future tax write-offs. This approach often helps build consensus and bring negotiating parties closer to a mutually beneficial agreement. The process includes maximizing after-tax proceeds with transaction tax planning, exit strategy analysis, putting companies in a sellable position, and buyer consulting.
We appraise your operating data, evaluate business performance and ensure that sufficient funds are available to finance short-term initiatives as well as long-term projects. The end result is an assessment of the operating performance and a recommendation of adequate strategies for your business.
Business valuations are performed for privately owned companies to determine their value for a variety of needs. Value determinations are most often requested for the following reasons: gifting programs/gift taxes, estate taxes, divorce, buy/sell agreements, charitable contributions, disruption of a business, dissenting shareholder, actions/partner disputes, mergers & acquisitions, and succession planning. Contact a Certified Valuation Analyst: Steve Overly, CPA, CVA or Jeffery Danen, CPA, CVA at 920.964.3854.
Having an effective exit plan is simply good business. The sale or transfer of a business is a significant financial event, and one that unfolds differently for every business owner. Hawkins Ash CPAs has guided numerous professionals through this process, allowing a smooth transition of company ownership. We will help you outline and achieve your personal financial goals before exiting your business.
Human Resource Consulting
Our human resources team can assist in a wide variety of businesses, organizations and industries with every aspect of human resource services and compliance issues. We can assist with your policies, procedures, employee manuals, or compliance with the latest requirements passed into law.
Doug Wendlandt, CPA, Partner – 715.384.1971