Business Advisory Services

For any business, in order to grow and move smoothly, there should be a strategy, planning and problem-solving approach. Especially, in today’s competitive business scenario, where every business gets stuck in some or the other problems, we, as a business advisor work with clients on strategy, planning and problem solving, and helps clients develop business skills and knowledge. We provide management consulting to help organizations improve performance and efficiency. Our business advisor professionals analyze businesses and create solutions while also helping companies meet their goals.

Our core areas of Business Advisory services encompass the following:

• Business strategy and planning

• Business valuations

• Tax optimization

• Financial projections, models and budgets

• Business continuity and succession planning

• Support and advice for acquisitions

• Organizational development consulting

• Operational reviews

• Board effectiveness and planning

• Business process improvement

Business Strategy and Planning

The activities involved in business strategy and planning are

• Review of financial management tools

• Managing debt and leverage

• Support financing of acquisitions

• Review succession and exit planning strategies

• Balance sheet analysis

• Strategies for growing business value

• Monetizing business

• Cash flow planning and forecasting

• Working capital needs analysis

• Profitability analysis

• Feasibility studies

• Rent vs. buy analysis

• Due diligence for acquisitions

Business Valuation

In a nutshell, what is your company worth? Can you sell it? Should it be liquidated of the assets? What is a fair offer for the sale and what part of the business is the result of your direct involvement… meaning that without you to run the company, is it worth as much as you think it is? We take an honest appraisal and determine what is a fair market value for the sale or for insurance purposes. Business valuation is also a tool to determine whether you are adequately insured in case of a catastrophic loss.

The economic parameters and set of procedures which help in assessing economic value of an organization comprises of Business Valuation.

There are many methods of evaluating a business. These are asset based valuation, ROI based valuation, DCF analysis, comparable company analysis and precedent transactions.

Preparation of an efficient business evaluation generates a high level of confidence in the management.

Tax optimization services

In tax optimization services, we help you understand the importance of analysing the relationship of tax considerations to financial planning. We analyse a company’s finances from a tax efficiency point of view so that these can be planned in a timely and most efficient manner, without impacting the company’s finances and other activities.

Tax optimzation services encompass the following activities:

• Building a financial plan

• Defining financial goals

• Create a tax plan

• Analysis of capital needs

• Review of corporate and personal taxes

• Review of audit risk

• Owner compensation strategy

• Review of auto expense policy

• Fringe benefit analysis

• Self-Directed retirement plans

• Hiring family members in the company as employees

• Record keeping for passive income

• Strategies for rental properties

• Maximizing tax credits

SCL CPA PC is a full-service accounting firm offering Business Advisory services in the metropolitan areas of Chicago and Milwaukee. We have office locations in South Barrington and Arlington Heights in the northwest suburbs of Chicago and in Kenosha in Wisconsin. Our three locations serve – South Barrington, Barrington, Hoffman Estates, Schaumburg, Palatine, Streamwood, Rolling Meadows, Hanover Park, Arlington Heights, Carpentersville, Bartlett, Lake Zurich, Roselle, Elgin, Buffalo Grove, Prospect Heights, Aurora, Naperville, Skokie, Wheaton, Winfield, Mount Prospect, Evanston, Cicero, Carol Stream, Itasca, Lombard, Niles, Park Ridge, Elk Grove Village, Northbrook, Deerfield, Franklin Park, Melrose Park, Glendale Heights, Glen Ellyn, Glenview, Morton Grove, Bensenville, Elmhurst, Wheeling, Addison, Kenosha, Salem, Racine, Mt. Pleasant, Sturtevant, Trevor, Burlington, Pleasant Prairie, Bristol, Zion, Antioch and other surrounding areas.

To learn more about our Business Consulting services, get in touch with SCL CPA PC at (866) 725-9824 or (262) 658-3313. For your convenience, you can also email us at officesupport@sclcpa.com to arrange your one-on-one consultation.