Payroll Services
Few things are more tedious to the owner or manager of a business than the repetitive task of payroll preparation. Payroll is done according to a rigid schedule. The rules and reporting requirements are complex and frequently changing. Our payroll team have extensive knowledge of the current regulations to assure adherence.
Pension & Profit Sharing Plans
As an employer, we are aware of the positive impact an attractive retirement plan package can have on a business to recruit and retain quality employees. We offer a full range of services relating to retirement plan consulting including the following:
- Profit Sharing Plans
- Employee Stock Ownership Plans (ESOP)
- Cafeteria Plans (Section 125)
- 401(k) Salary Reduction Plans
- SIMPLE Plans
- Simplified Employee Plans (SEP)
- Trust accounting
- Retirement planning options
Obtaining Financing
We have relationships with banks and equity sources and have experience in developing financing requests. We can assist you in meeting your growth goals by developing a thorough, professional financing request. This request would cover all aspects of your business that the capital sources need to review.
Business Development
As the climate in which your business operates becomes more complex, it is important to look forward and develop skills and plans that prepare the business for the future. In addition to helping you with the financial aspects of running a business, we assist you with the principles crucial to making your business prosper and succeed. Our business development services include:
- Establishing and monitoring key performance indicators
- Strategic planning
- Personal and financial goal setting
- Facilitation of client/customer advisory boards
- Financial management and accounting training
Business Valuations
The goal of a valuation is to determine an estimate of value of the equity of a business, either proprietor's capital or partners' or shareholders' equity. In addition, our firm provides other services such as personal financial statements, guidance on corporate or partnership dissolution, settling insurance claims, and allocation of value to assets. Because of the complexity in areas such as management succession, purchase and sale opportunities, divorce, litigation support, and estate, gift and inheritance taxes, parties involved in these issues demand that values be based on a thorough and complete analysis prepared by an accredited business valuation specialist.
Mergers & Acquisitions
Weinlander Fitzhugh knows that successful business acquisitions and mergers are consummated when opportunity, market knowledge, experience and confidentiality are combined. Our professionals have extensive experience in assisting our clients in selling and acquiring businesses. We can help in analyzing acquisition opportunities, preparing prospective financial statements, negotiating terms and obtaining financing.
Business Succession Planning
Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company's day-to-day operations. With a solid background in tax and other financial services, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan.
Other Services
Due to our diverse client base, we encounter a wide array of financial and tax issues in variety of businesses. As a result, we have gained valuable experience over the years in numerous specialized areas, such as:
- Budget Preparation Assistance
- Bankruptcy Consulting
- Cash management
- Employee Benefit Plans
- Forecasts & Projections
- Human Resources Consulting
- Lease vs. Buy Decisions
- New Business/Venture Planning
- Ratio & Trend Analysis