Business Consulting
Smith Schafer is an ongoing source to help you grow your business with strategies for tax savings, increased profits, and new opportunities.
Set a goal. Gain leverage.
Our team works closely with you to gather and examine historic trends, determine best practices and compile prospective financial statements. Comprehensive bookkeeping services and payroll support help your business run smoothly while monitoring short- and long-term cash flow and providing timely, accurate data. We also support succession planning for both family-owned and privately-held ventures and investments.
When we finish our analysis of your situation, you will know every detail was covered and our recommendations are based on facts. Best of all, you will feel confident and well prepared to move left, right, or straight ahead.
Our Business Consulting Services:
- Accounting Services
- Payroll Support Services
- Merger & Acquisitions
- Buying & Selling Agreements
- Budgeting & Cash Flow Analysis
- Succession Planning
- Projections & Benchmarking
- Litigation Support
- Cost Segregation Studies
- Legal Entity Analysis & Selection
- Accounting Software Consulting
- Fraud Evaluation & Examination Services
Business Consulting Resources
Pandemic Affecting the Professional Services Industry
The professional services industry is feeling the impact of the COVID-19 crisis in a variety of ways. Firms are adjusting to remote working and new client engagement models, all while navigating demands in the face of growing uncertainty.
5 Growth Strategies for a Professional Service Firm
According to IBISWorld, most professional service firms’ revenue has been adjusted to decline in 2021 due to a falling demand and tighter budgets. The professional services industry is facing how best to reconfigure, rethink and redirect its energies in the future.
C Corporation – Tax Advantages & Disadvantages
Choosing the right type of entity structure for your business can be a complicated process. Numerous factors go into making this decision. It is critical to understand the business structure options available to you, each option’s tax implications, and when each is most appropriate for your business.