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Financial statements provide a snapshot of a corporation's financial health, giving insight into its performance, operations, and cash flow. Financial statements are essential since they provide information about a company's revenue, expenses, profitability, and debt

These will show the addition and deletion of assets as well as when exactly (date),  the asset was acquired or deleted.

If accounting problems aren't found and fixed correctly the accounts could be wrong. This means the business owner would be relying on incorrect data, which could have a detrimental effect on the future of the business.

These meetings represent an opportunity for both reflection of past results to see what worked/did not work and a forum for leadership to focus and plan for the future.

Comparing multiple years' financial reports also helps to identify errors, omissions or intentional misreporting in financial statements. Line items may vary drastically year-over-year, a red flag that discrepancies are present

A payroll review is an analysis of a company's payroll processes to ensure accuracy. Payroll reviews examine things like the business's active employees, pay rates, wages, and tax withholdings. You should conduct a payroll review at least once per year to verify your process is up-to-date and legally compliant.

Tax projections fit in along with all this other information as we work with you toward your financial goals. By examining potential moves from multiple sides and considering as much data as possible, you can feel even better about the decisions you make. And we believe that’s a recipe for building wealth in the long term.

Businesses that do not update minutes do face certain consequences. If you don’t update your minutes for the year, your business may be flagged in bad standing with its state. This is also applicable for corporations that do not update their corporate bylaws, too. Minutes provide corporations with valuable legal protection. Without this protection, it becomes difficult for the state to understand what your organization does and how it properly does it.

Conflicts, sexual harassment, annual leave disputes, bullying and other employee relations issues can negatively impact your organization. As a business owner or HR manager, it's your responsibility to prevent and address these problems before they escalate

If you work on small projects with little to no documentation, and no written contracts, then the sky’s the limit on the damages you might experience from sub subcontractors. Even worse, you will have questionable ability to do anything legally to recoup your losses. 

You should regularly review your progress, identify how you can make the most of the market position you've established and decide where to take your business next. You will need to revisit and update your business plan with your new strategy in mind and make sure you introduce the developments you've noted.

Industry comparison reports contain a wealth of information specific to industry type. This includes current trends, opportunities, threats, challenges, and critical issues. They also contain financial benchmark information that may be used for comparison against those in the industry.

Internal controls are policies and procedures put in place to ensure the continued reliability of accounting systems. Accuracy and reliability are paramount in the accounting world. Without accurate accounting records, managers cannot make fully informed financial decisions, and financial reports can contain errors.

A budget helps to identify your available capital, estimate your spending, and helps you predict revenue. A budget can help you plan your business activities and can act as a yardstick for setting up financial goals.

Health, Liability, Worker's Comp, Life, Property/Casualty

Exit planning is a comprehensive strategy that allows business owners to exit the business on their terms. It answers all personal, financial, legal, and tax-related questions regarding the change in the ownership of a privately owned business

If you own all or part of a business, you should know about buy-sell agreements. A buy-sell agreement is a legally binding agreement that requires one party to sell, and another party to buy a particular ownership interest in a business

Owners with strong banking relationships are often offered better interest rates, loan structures and terms than those who walk in cold off the street. Higher rates on deposits are also possible, especially as your relationship expands and the value of your deposits grow.

Reasonable compensation is an important issue in the context of federal income taxation. This is because what is considered

reasonable compensation by the shareholder/employee taxpayer is often considered

unreasonable by the Internal Revenue Service. the income tax-related consequences associated with a finding of unreasonable shareholder/

employee compensation can be significant. These

consequences can include payroll taxes plus late

payments, and return filing penalties.

There are many technology issues that need to be considered as we look forward to a year of technology success. From dealing with information security, cyber-attacks, implementing an IT strategy as part of overall business strategy is essential.

Legal Review  is the process of analyzing your business and legal documents to identify risks and create a plan to mitigate them.

A marketing plan is a strategic roadmap that businesses use to organize, execute, and track their marketing strategy over a given period. Marketing plans can include different marketing strategies for various marketing teams across the company, all working toward the same business goals.

 Retirement planning refers to financial strategies of saving, investments, and ultimately distributing money meant to sustain oneself during retirement.