Business Consulting Services
Business consulting services from the tax and financial experts at Cook CPA Group help to facilitate unprecedented growth in your business as well as address specific concerns and form strategies and contingencies for the future. Learn more about how the certified public accountants and experienced business consultants can help your business thrive!
An outside viewpoint provides an unbiased expert the ability to be objective, and every company owner might profit from consulting with an independent specialist. Expert advice from a United States tax professional may be required to help improve financial skills within the company or address issues that endanger profitability or productivity.
Evelyn Cook, a CPA with over 20 years of experience as one, can help American companies by seeing their hurdles in new and creative ways since she has received extensive accounting knowledge and skills. She strives to provide unique solutions that may improve profits and productivity by using her talents. Evelyn is a competent communicator who is capable of delivering complicated financial data in a clear, concise, and understandable manner. She takes pleasure in being proactive in order to assist her clients to gain company success.
Efficiency Experts Offering Business Consulting Services
When you operate a business on a daily basis, it can be difficult to identify where improvements may be made. Working with an independent business advisor might assist you in identifying ineffective or wasteful procedures. Streamlining operations and eliminating needless activities may aid in the reduction of expenses while also improving efficiency and profitability.
Tax Business Consulting Services
We know that understanding tax codes and rules can be intimidating for small and medium-sized business owners. We provide a number of services to assist with the planning and preparation of small company taxes in the United States. We think that tax planning is a year-round responsibility. To ensure that you are operating your business in the most tax-efficient manner, we’ll go over your corporate policies with you. This can help you avoid an unexpectedly large end-of-year tax obligation.
Assistance with Audits
Small and medium-sized enterprises in the United States may find auditing to be difficult. During an audit, you could be required to provide a large number of documents. Auditors may become sidetracked by your employees’ duties if they are requested to search for and produce these papers. Customer service and output may suffer as a result of the auditors being distracted from their regular tasks. Cook CPA Group can assist by organizing and synchronizing audits for local firms. Our American CPAs’ tax consulting skills can help you submit the correct papers at the right time, allowing you to pass your audit. A free initial consultation is available to small and medium-sized enterprises.
Strategic Business Consultation Services for US Companies
A strategic business plan is more than just a financial device. If you have all of your ideas and intentions in your head, creating a strategic plan will assist you in defining your company’s path. It will also aid in the consistency of everyone within the organization. Finally, it may help managers and employees stay focused on what they need to accomplish.
If you are starting a new venture, buying an off-the-beaten-path business, or need help growing your current organization then it is essential that the first step in any strategic plan be developing clear objectives. Without understanding what success looks like for each objective there can never truly be peace within one’s self because they will always feel as if something more could’ve been achieved with just slightly different tactics employed during this time period ̶ until such point when these goals have either been met successfully (and corresponding milestones reached).
The Strategic Plan provides a plan that tells you everything you need to know about your company, its products, and the competition. You will be able to define and describe your target customer profile with this plan. Additionally, the plan will outline the features, advantages, or benefits of your new venture. Make sure that you research what you need to before you trust anyone. This includes looking into the real-world ramifications of whatever it is you are planning to do. Once you have done your research, come up with a marketing strategy that includes a description of your promotional campaign and set deadlines for them. This will help us know what is coming so we can plan accordingly.
Developing a business plan is critical to the success of your new business. The procedure allows you to assess the talents and knowledge required, as well as create staffing plans that are tailored to this project’s requirements – with financial forecasts close behind!
You can use projected financial plans to anticipate future challenges and avoid them. To put it another way, your Strategic Business Plan’s view may help you achieve success in your business and obtain the funds you need. In fact, most lending institutions and private investors will not even consider meeting with you without a solid financial plan in place.
By collaborating with us, you may be a more successful businessperson by developing an effective, strategically sound strategy that will improve your chances of success. We’ll collaborate with vendors and equipment needs, as well as milestones, so we can have all of the information we need before making any significant product or service decisions!
Business Consulting Services for Internal Controls
Sometimes, in order to determine if the appropriate controls are in place to ensure safe resource handling and protection from worker theft, you may need an expert outside professional to evaluate your firm’s operations. We assess your internal control systems to see whether they’re functioning well. Then, based on our findings, we make suggestions that might help your company grow more powerful and profitable by correcting any inefficient or ineffective operating procedures we discover. See what our business consulting services do for your business:
- Separation and delegation of duties helps to reduce the risk of error or inappropriate actions. This is done by dividing or segregating duties among different people. In this way, no one person has control over all aspects of any financial transaction.
- When the transactions are in line with policy and funds are accessible, double-check that they’ve been authorized by a person granted approval authority.
- Ensure that records are reviewed and reconciled by someone other than the preparer or transactor to verify that transactions have been correctly completed.
- Make sure that all of your equipment, inventories, cash, and other property are physically safe. Check on them regularly and compare what you have with what is shown on the control records.
- Provide employees with the necessary training and direction to ensure that they have the expertise to do their tasks, are given adequate guidance and supervision, and are aware of the proper channels for reporting concerns.
- Document your policies and procedures. This process helps your employees to know what to do every day, and it will also help if someone needs to take over for someone else or if they are absent for a long time.
- In the event that you’re lacking information, use this time to conduct additional research and analysis. To check whether outcomes match set objectives and goals, as well as whether operations are being completed as planned, perform reviews.
Business Growth Consultation
Evelyn Cook has seen it all when it comes to business since she spent two decades as a super-successful money woman and President of Cook CPA. She’s witnessed what the greatest firms do to expand their presence and what numerous businesses do wrong in order to prevent them from achieving their full potential.
When creating Tools to Thrive, Evelyn talked with some of the top businesses to find out how they overcame challenges to scale. Evelyn knows a lot about business finances and accounting, as well as strategic planning. This knowledge lets her see what makes the biggest difference between ultimate success and epic failure. Do you need help as you prepare your business for new growth? Are you looking for a new way to manage and monitor the growth?
Growth-Oriented Business Consulting Services
Our five-step system helps your company thrive in any field or niche, with best practices that apply to any industry and tailored strategies designed just for your unique business needs.
During the Kick-Off phase, we conduct a comprehensive study with you to figure out your financial goals and objectives so that we can choose the kind of development for your company.
Defining Your Vision
- Define Your Offers
- Frame Your Relationships
- Make S.M.A.R.T. Goals
- Set Your Expectations
2. Business Plan
During the Business Planning stage, we collaborate with you to construct a comprehensive image of your present and potential product sales possibilities.
Define Your Business Model
- How do you sell your product?
- What do you sell?
- Who and what do you rely on?
- Who do you sell to?
3. Financial Growth Model
During the Financial Growth Modeling phase, we’ll collaborate with you to define your company’s internal and external financial growth drivers.
Modeling Your Growth
- Analyze Financials
- Forecasting Categories
- Growth Patterns
- Revenue and Expenses
4. Growth Plan
It’s time to put the strategies we’ve advised into action and track how effective they are after we’ve assessed your company and created a thorough growth plan.
Analyzing Data to Project Growth
- Business Roadmap
- Compiling Research
- Full Financial Forecast
- Strategic Insights
5. Tracking & Strategic Guidance
During the Tracking and Strategic Guidance stage, we’ll keep in touch with you on a regular basis to track your progress toward your objectives and assist you make commercial judgments as needed.
Ongoing Growth Strategy
- Analyzing Business Decisions
- Correcting Courses
- Cyclical Meeting
- Tracking Progress
You deserve the security of having a team comprised of experts looking over your financials and providing strategic advice. That is why Cook CPA offers the most affordable options, starting at only $1500 per month! We will work together with you every step along this journey – from analysis all the way through planning sessions- so that when it comes time for reporting or presenting findings there won’t be anything left out by doing things differently than before.
Estate Planning and Business Consulting Services
Estate planning can be complicated and expensive if you try to do it yourself. There are a lot of things that can go wrong, and it’s hard to predict what might happen. A better option might be to partner up with an estate planning lawyer who can help you create a plan that addresses your specific needs and goals. There are a plethora of things to think about when you are estate planning. This includes things like state taxes, bureaucracy, probate courts, unfair appraisals, health care concerns, eligibility of heirs, life insurance, IRA’s, 401K’s, annuities, burial or cremation costs.
It is crucial for you to have an estate plan in place that protects your interests and goals. Trying to do it all by yourself, though, can often be difficult and end up costing you more in the long run. That’s why it is important to search for help from a lawyer or other financial advisor when you have questions about your legal and financial rights.
Estate Planning FAQ
Some common questions that people might ask about inheritance include: Should an inheritance be held until a certain age? Is it a good idea to provide benefits to someone who is in a shaky marriage? How do children from a previous marriage affect your plan? Should the inheritance be protected from creditors of the heir? Are there any taxes that can be avoided or minimized? Can we avoid probate court rules, delays, and costs? The business consulting services of the Cook CPA Group can answer any questions you have about taxes or anything related to accounting.
What Does Estate Planning Entail?
Estate planning entails the creation of plans to safeguard your assets, distribute them as you choose, and otherwise care for your family. Planning for the future is important, and estate planning can help you accomplish many goals. For example, planning ahead will ensure that your wishes are carried out in case something happens to go wrong or pass away before family members have a chance to make any changes themselves; minimize taxes on assets by making sure they end up with those who deserve them most–including children if necessary!
Do I Need a Will?
No two estate planning situations are the same. For this reason, we need to know about you, your unique situation, and the nature of your relationships. However, many estate plans do have a will. Actually, whenever an estate plan includes a will, the will is often the most important part of the plan. Writing a will protects your family and enforces your wishes. Anyone over 18 who has any property should have a will.
What Other Planning or Devices Can Protect My Family?
Life insurance is a necessary estate planning tool because it allows beneficiaries to receive money right away. Because payments are immediately accessible, life insurance protects your loved ones from having to sell off portions of their possessions in order to meet regular monthly expenditures. Life insurance can also assist your survivors in paying outstanding bills, including inheritance taxes. Insurance payouts generally go straight to the beneficiary and do not have to pass through probate. It’s also common practice to reduce an estate and its associated taxes using gifts.
What Is Probate?
Probate is the legal process of finding and assigning your probate assets to the correct beneficiaries. For those who have a will, the process includes showing the will is valid and ensuring that belongings are distributed according to what it says. If not, the probate court will handle the distribution of your estate according to your state’s laws.
How Long Does Settlement Take?
An estate that doesn’t have to go through probate may be settled quickly. This is because there are fewer things to deal with. In contrast, it takes more time to settle probate estates because there are many things that need to be done, like letting creditors know and giving them a chance to file any claims. A simple estate may take between three months and a year to settle; a more complicated estate between two and three years or more. However, in some special cases, preliminary distributions from your estate can be made while the settlement process is still happening. Keep in mind that a more complicated estate will typically take longer to settle than a simple one.
Call Cook CPA to Learn More about Business Consulting Services
The Cook CPA Group’s tax and financial experts are committed to providing accurate, strategic counsel in all commercial consultation and estate planning concerns. Call our business consulting office to schedule a free consultation today or visit our business consultation services pages for more information about how our common sense, uncommon service approach can help your business thrive!