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Earnings Power Determination |
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We determine the earnings
power of your practice. This is how
much after-tax cash the practice has
generated for your benefit and how much
future cash you should expect to receive. |
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Cash Flow System Analysis |
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We help create and implement
a system for systematically taking cash
from the practice for household expenses
and investments in the most tax-efficient
manner—one that ensures an optimal
amount of financial resources remains
in the practice. |
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Practice Valuation |
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We establish a fair value
for the practice, one that is tied to
the earnings power of the firm. We never
use “rule of thumb” valuation. |
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Business Entity Evaluation |
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We examine your type
of business entity to determine if it
is the most beneficial type for your
needs. If a change needs to be made,
we will work with your accountant to
implement the change. |
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Tax Withholding Strategy
Evaluation |
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We evaluate whether your
current tax withholding strategy is
appropriate. If it is not, we will work
with your accountant to implement the
change. |
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Buy-Sell Evaluation |
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For practices with multiple
owners, we will determine the effectiveness
of any buy-sell arrangements in place
or, if necessary, work with your practice’s
partners and an attorney to develop
one. |
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Financial Data Analysis |
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We analyze several years
of your financial data from income tax
returns to uncover trends in revenue
and expenses with special attention
toward uncovering unhealthy trends. |
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Profit & Loss Statement
Analysis |
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We evaluate your internal
profit and loss statements to determine
whether the data is accurate. When it’s
not, we’ll help you re-engineer
your financial reporting system to ensure
that it produces accurate information. |
