Business Services Page
In addition to our accounting and tax services, Adept Accounting provides various business services. We can help you grow and improve your existing business or assist you with the planning and preparation of your plan for a new business startup. Our business services include
Business Start-Ups
If you are planning a major business venture that involves a considerable investment, you need a business plan. Developing a quality business plan takes a lot of time and effort. As experienced professionals, we can help you prepare an effective business plan by providing the following services
- Preparing detailed and integrated 5 to 10-year financial projections that include revenues, expenses, income statements, capital assets, personnel costs, balance sheets, monthly cash flows and sensitivity analyses (to assess the risk of your venture)
- Developing a basic marketing plan including corporate image, marketing strategies, target audience identification and advertising
- Briefing you on all aspects of the plan, so that it is your plan, and you can confidently present it to financial institutions, potential investors and partners
- Helping you find appropriate sources of funding from financial institutions, investors and government programs
Accounting Systems Set-up and Maintainance
There are numerous software solutions available for your accounting needs on the market, but very few provide a complete package such as QuickBooks. As a Quickbooks Pro Advisor, we provide support of Intuit products and other accounting systems that you might currently have set up and in use. Our services include
- System support, training and maintainance
- System customization and integration
- System upgrades
Forecasting and Budgeting
Forecasting and budgeting allow you to quickly react to the rapidly changing competitive landscape. When circumstances change, you want to know the impact on your financial results as soon as possible. The faster you react, the greater your competitive advantage. We can help you with
- Preparation of financial budgets
- Cash flow forecasting
- Development of financial estimates models
- Development of business cases
- Selection and implementation of proprietary budget systems
Business Valuation and Planning
Through extensive experience in tax, auditing and accounting for small and medium businesses and financial analysis, we have the necessary background for dealing with the complexities involved in providing business valuation and planning services. Business valuations are necessary in many situations of need or adversity, including
- Sale of a business
- Mergers or acquisitions
- Allocation of acquisition price
- Liquidation or reorganization
- Split-ups and spin-offs
Bank and Equity Financing
It is usually difficult to secure funds through traditional debt financing, such as bank loans or a line of credit, and government grants and loans for businesses are not only limited, but they are often very difficult to secure. We can help you find and secure financing for your venture and overcome barriers you might encounter throughout the process. We can help you obtain
- Asset-based financing
- Operating or term loan
- Capital lease/operating lease
- Working capital
- Formal venture capital
Internal Controls Services
Internal controls help you to overcome and manage the obstacles and risks that get in the way of achieving your business goals. The elements include resources, systems, processes, culture, structure and tasks. We can help you ensure that internal objectives are achieved and assessed
- Effectiveness and efficiency of operations
- Reliability, and internal and external reporting
- Compliance with applicable laws, regulations and internal policies
- Other related internal control services