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Our firm offers a wide range of services to our individual and business clients. Because our firm is relatively small, our clients benefit by getting personalized, quality service that is beyond comparison. Below we have listed the services that we offer to our clients along with a brief description. FMCF Consulting Group provides expert business analysis and management consulting services to companies that want to grow, or to companies experiencing rapid growth, a decline in growth or operational inefficiencies. Depending on the client company's needs, FMCF provides specialists in many business disciplines.
As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to a qualified professional.
Other Services
Employee Benefit PlansThe accounting and tax issues involved with employer-provided benefit plans can be overwhelming. We can assist with the development, implementation and administration of your employee benefit plan. Mergers & AcquisitionsFinding the right business partner for your company can be a difficult task. We can assist you in the merger or acquisition process by assessing such critical elements as tax considerations; product/service compatibility; competitive tactics and position; financial impact; and cash flow considerations. Other ServicesDue to our diverse client base, we encounter a wide array of financial and tax issues. As a result, we have gained valuable experience over the years in numerous specialized areas, many of which are listed below. We feel our ability to provide such a variety of services reflects our versatility and competency, as well as our dedication to quality client service.
*Mergers & acquisitions
*Asset protection
*Investment review
*Bankruptcies
*Litigation support
*Cash flow forecasting
*Employee benefit plans
*Expert witness services
*Internet commerce Accounting Services
Accounting ServicesProviding financial information to our clients in a timely and accurate manner is a commitment that we feel can not be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
*General ledger & financial statement preparation
*Bookkeeping (Monthly/Quarterly/Annual)
*Accounting system setup for new businesses
*Computerized payroll services
*Business tax return preparation (Sales & Use/Business Property)
*Personal financial statements
*Litigation support Audits, Reviews and CompilationsWe view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. We provide financial reporting on all three levels of assurance:
*Audit- an intensive examination with the highest level of assurance
*Review - some analytical procedures conducted with limited assurance
*Compilation - based upon client information provided and used primarily for internal use. Financial StatementsWe can assist you in the preparation of your financial statements in accordance with professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions. Financial Forecasts & ProjectionsForecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company's financial goals. Cash Flow & Budgeting AnalysisA business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company's financial condition, estimate financing requirements, and track cash-flow sources and uses. Tax Services
Tax ServicesWe prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:
*Tax planning & return preparation
- Individuals
- Corporations
- Partnerships
- LLCs/LLPs
- Estates, trusts & gift
- Not-for-profit organizations
*Taxing authority representation
*Divorce and support issues
*Tax effects of buying/selling a business Tax Planning & PreparationTax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation. Payroll ServicesAs a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner. Estate & Trust Tax PreparationEffective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order. Consulting Services
Consulting ServicesWe gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following is just a few of the areas in which we provide consulting services:
*Accounting software selection and implementation
*Type of entity selection
*Business valuations
*Buying/selling a business
*Computer systems
*Financial & retirement decisions
*Estate, trust & gift planning Business ValuationsWe work with you on determining the following: How much your business is really worth Whether you should sell your business even if it is performing better than the market How much your human resources are worth Whether you should fund your business with debt or equity How to value the growth component of your business How much you should pay for a business you want to acquire Buying & Selling a BusinessStructuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations. Estate PlanningEffective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order. Financial PlanningA properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security. Retirement PlanningSuccessful implementation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years. Management Advisory ServicesEven the most qualified managers can benefit from competent, objective feedback. We can help your company's management team develop long-term objectives and specific strategies to facilitate your business' future growth and success. Business ConsultingWe gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. Pension & Profit Sharing PlansQualified retirement plans (e.g. defined-contribution or defined benefit plans, Keoghs, SEPs…) can provide significant tax advantages for closely held businesses and self-employed individuals. Our qualified staff can assist you in evaluating the type of pension plan that will best serve the retirement needs of you and your employees. Business Entity SelectionChoosing the form of entity of your business (e.g. "S" corporation, sole proprietor, limited liability company…) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company. Miscellaneous
Marketing and Sales Management We work with you to answer these questions effectively: How can I get my people to work without my constant interference? How do I know if my people are doing the best they can? How do I know if I am paying my people too much or not enough? What is it really costing my company to hire and train a new employee? How can I spend my time doing the work I love rather than the work I have to do? Process Improvement and ReengineeringFMCF provides cost management and process improvement services that help your business operate at optimum efficiency. A sample of our services in this category: Activity-Based Costing and Management Lean Manufacturing and ERP ISO 9000 Supply Chain Management Cross-Functional Analysis Total Quality Management (TQM) Continuous Improvement Business Process Reengineering Productivity Analysis and Improvement We work with you to answer these questions effectively: How can I get my people to work without my constant interference? How do I know if my people are doing the best they can? How do I know if I am paying my people too much or not enough? What is it really costing my company to hire and train a new employee? How can I spend my time doing the work I love rather than the work I have to do? Strategic Analysis and PlanningWe show you how to steer the ship of your organization in the short and long term so that the following questions are answered and implemented: How do I fund my expansion? What is my competition doing? Is expansion feasible? Do I have the right products and services for the next century? Should my company expand, merge or be acquired? How do I keep my competition from crowding out my market share? What method should I use to rank investment proposals? Are my internal and external communication systems effective? Should I invest in new equipment or maintain the old? Should I buy or lease? CEO CoachingWe offer ongoing advisory services in the manner you prefer so that: You know how to manage by the numbers. You know how to work with your human resources so that productivity levels and morale increase. You can strategically position your company in the marketplace. You can groom a successor should you be aiming to retire. OrganizationBuy/sell strategies, valuations, organizational analysis and design, feasibility studies, business and market planning, organizational innovation, reengineering OperationsProcess improvement, information systems management and analysis, inventory management, purchasing systems and management, supply chain management ISO 9000, TQM Marketing and SalesMarketing planning and implementation, market analysis, product launch and promotion strategies, integrated marketing communications, sales forecasting and training, incentive programs, advertising planning and implementation, pricing strategies, product-service mix, customer service programs, marketing channel analysis. Human ResourcesProductivity assessment and improvement, training and development, turnover reduction, recruiting, selecting, hiring, job descriptions, compensation and incentive plans, benefits’ packages, performance evaluations, group and team process management, internal communications and leadership development, conflict resolution Financial ManagementInternal cost reduction, external cost reduction, cash flow projections and improvement, financing, accounts payable, accounts receivable, asset and credit management, bookeeping |