Business Diagnostic Reviews

While the operation of your business is important to success, in order to reach your goals you must also consider the strengths and weaknesses of the various business functions. Additionally, the financial and estate planning needs of your family and partners need to be considered. The DYM Business Diagnostics Review checks your company's vital signs and identifies possible problem areas. We can then help develop strategies to protect your hard-earned assets and achieve your goals.

Business Entity Selection

Choosing the form of entity of your business (e.g. "S" corporation, sole proprietor, 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.

Business Plans

A business plan precisely defines your business, identifies your goals and serves as your company's resume. This document helps you allocate resources properly, handle unforeseen complications and make appropriate business decisions.

Because it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of any loan application or when seeking investment capital. DYM can help you develop an effective plan whether your industry is manufacturing, nutritional supplements, entertainment or finance.

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 matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan.

Business Valuations

Whether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest.

Buying & Selling a Business

Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.

Cash Flow & Budgeting Analysis

A business can be profitable and still run into trouble due to cash flow issues. We can forecas

Corporate Finance

Smart business decisions depend on a comprehensive understanding of your organization, your industry and the global marketplace. Staying informed is a challenge. Critical decisions such as whether to restructure your finances, raise additional capital or acquire or merge with another organization require sound business advice.

DYM's consultants can help your business build an effective capital structure based on intelligent, informed decisions. As partners in growth, change and restructuring, we can help you sell or buy a business, design financial models, raise capital and financing, develop valuations and create a strategic business plan.

Cost Segregation Analyses

Your company's real estate holdings constitute a huge capital investment. We can help you generate cash tax savings by carving out shorter-lived assets that are normally imbedded in a building's construction or acquisition costs.

Debt & Financing Services

Debt management and the evaluation of financing options are issues that an experienced professional deals with every day. Let us use our experience to assist you in securing financing for your personal or business needs or consolidating your current debt to a more manageable level.

Disaster Planning

When disasters happen, they can harm employees and destroy equipment, buildings and data--the life blood of any organization. It can take weeks or months to recover and resume operation.

Our experts can assist you in drawing up and updating a disaster plan that will minimize potential damage and protect you and your employees from harm. Proper planning includes drawing up a disaster plan, ensuring personnel safety, defining management succession, designating alternate business facilities and securing adequate insurance coverage.

Employee Benefit Plans

The accounting and tax issues involved with employer-provided benefit plans can be overwhelming. We can assist with the development, implementation and administration of your employee benefit plan.

Expert Witness Services

Pending or existing litigation can result in the need for a qualified professional to present his/her opinion to support or oppose evidence submitted to the court. Our level of competence allows us the opportunity to function as expert witnesses in such cases.

Fraud Prevention & Detection

We use accounting and auditing skills to provide an analysis of financial records in conjunction with fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices.

HR Compliance

Our services range from implementation of a performance measurement and management system to preparation of an Employee Handbook and corporate policies and procedures manuals. We can assist in personnel searches and conduct initital interviews. And in cases where employment agreements are required, we can assist with drafting these documents.

Management Advisory

Even the most qualified managers can benefit from competent, objective feedback. We can help your company's management team develop long-term objectives and specific strategies to facilitate your business' future growth and success.

Merger & Acquisition

Finding the right business partner for your company can be a difficult task. We can assist you in the merger or acquisition process by assessing such critical elements as tax considerations; product/service compatibility; competitive tactics and position; financial impact; and cash flow considerations.

Pension & Profit Sharing Plans

Qualified retirement plans (e.g. defined-contribution or defined benefit plans, Keoghs, SEPs…) can provide significant tax advantages for closely held businesses and self-employed individuals. Our qualified staff can assist you in evaluating the type of pension plan that will best serve the retirement needs of you and your employees.

Software Selection & Implementation

With the number of computerized accounting software packages available for small businesses and individuals growing every day, selecting one that is right for you has become increasingly difficult. As accounting professionals, we are exposed to most programs through trade journals and actual use. Our experienced staff can help you choose and implement the system that best fits your needs.

back