Business Consulting
Projections
No one can predict the future, but we can all benefit from planning for it. We at Fox Peterson understand that financial analysis is an important tool that business owners can use to develop plans for improving future profitability. We combine our expertise and experience with a personal understanding of your business to form projections that can help you set and reach your goals while avoiding costly mistakes.
Purchase Decisions
- Timing
- Tax
Tax Planning
No one likes to prepare their tax return only to find out that they have a hefty tax bill that they were not prepared for. At FoxPeterson we like to analyze your personal situation so that we can make educated estimates of what your tax liability will be. This then allows you to plan and prepare for that tax liability throughout the year and not just the day before it is due. Having an accurate projection of your tax liability also allows time to find strategies that may reduce your tax liability over all. Nothing is more frustrating for us than learning that one of our clients, or anyone for that matter, could have taken advantage of tax saving strategies but failed to do so because they lacked the knowledge of what was available to them.
Cashflow
Poor cash management is one of the biggest hindrances for entrepreneurs. Fox Peterson can help you understand the basic concepts of cash flow in order to help you plan for the unforeseen problems that every business faces. We can also prepare cash flow projections to help you develop the necessary strategies to meet your business needs.
Entity Formation
Choosing the right business entity can be stressful, and choosing the wrong one can have disastrous consequences on your taxes as well as your finances. When choosing an entity, in addition to legal and tax considerations, you must consider your specific circumstances. This is where Fox Peterson comes in. We get to know both you and your business on a personal level, which enables us to take every detail of your business and ownership structure into consideration while helping you choose the entity that will be most beneficial to you.