Choosing the form of entity of your business (e.g. “S” corporation, sole proprietor, partnership, 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.
New Business Start Up
Every year hundreds of new business are started. Sadly very few will actually survive beyond the start-up phase. One reason they fail is that the entrepreneurs behind these business don’t fully understand the importance of the accounting and tax aspects of their business.
Understanding your financial situation and planning for the future can feel overwhelming at times. Am I saving adequately? Will I have enough for retirement? How can I ensure my family will be taken care of? At Fricke and Associates, P.C., we are ready to help you assess your current reality, determine goals for reaching financial security and evaluate all areas of your financial future.
Mergers and Acquisitions
At some point in the life of your business, you may be presented with (or be presenting) an acquisition or merger opportunity. Whether you are considering an acquisition—either your company purchasing another or vice versa—or a merger to form an entirely new business, it is an exciting and significant crossroad, —and one to be considered carefully.
Selling or Exiting Your Business
There is a lot of hard work put into planning and starting a business, as well as keeping it profitable throughout the years. However, many very successful business owners put little or no thought into how they will exit the business when the time comes. This process, like anything else, requires careful thought and planning to ensure a successful transition.
Forensic account services generally involve the application of specialized knowledge and investigative skills possessed by CPAs to collect, analyze, and evaluate evidential matter and to interpret and communicate findings in courtrooms, boardrooms, or other legal or administrative venues. More simply In the context of litigation, the term forensic, means to be suitable for use in a court of law.
Filing for bankruptcy is a serious and involved process with many legal and tax issues. Our firm is familiar with the complexities of the bankruptcy filing system and can competently guide you through the process.
Seeking Bank Financing
Applying for financing is a crossroad every business comes to at one time or another. Despite your confidence in the future of your business, the process is time-consuming, intimidating, and full of opportunities to derail if you don’t do everything right.