Consulting Services

Business Consulting

As certified public accountants, one thing we’ve noticed when working with family-owned businesses is that the owners often work so hard in their industry that they don’t take time to work on their business. (Author Michael Gerber also noted that in his book, The E-Myth). Consequently, their company doesn’t operate as efficiently or create the wealth they had hoped it would.

While we offer many of the traditional compliance services that most public accounting firms provide, we realized our business clients needed more. They needed a trusted advisor so that they could discuss ideas and issues on a more regular basis.



At Dickinson & Clark CPAs PC, we are working with many of our business clients to find ways and put processes in place to create wealth through strategic planning, managing, and improving these five areas of their business: Leadership, Employees, Operations, Customers, and Finances.

Some of those ways include:

• Helping you to understand your financial statements and how to use them
• Measuring your business’ financial and non-financial information
• Developing performance measurements and strategies in the areas that matter most
• Building your business’ value on a proactive basis
• Giving you better tools to make informed decisions
  

Entity Planning

Deciding the best structure for your company requires several tax and legal considerations. While your attorney will provide the legal advice, we provide advice in areas such as:

• How to choose between Corporations, Partnerships, and Limited Liability Companies and the related filings and tax elections
• Which type of entity has the lowest tax burden
• How different entity types can allocate profit and loss between business owners
• How to structure owner compensation
• How to maximize company-paid benefits to business owners
• Income tax and accounting considerations related to buying and selling a business entity.
• The tax impact of transferring assets and liabilities into newly formed entities