From starting a new business to developing a succession plan, the business consulting services at LB Carlson span the lifetime of a business. We support preliminary research and analysis of your business idea. You will receive knowledgeable representation for financing and transactions. Our experience and resources help you plan, design and implement through the next stage of your career and business.
You can count on a thorough independent analysis using current valuation tools and resources. Our specialized training will provide well-reasoned, supportable values relevant to your type of business. Our valuation professionals are Certified Public Accountants designated as Accredited in Business Valuation (ABV) by the American Institute of Certified Public Accountants (AICPA).
We have experience in all aspects of valuation, including the following:
To provide our clients with the best feedback and advice, we developed a graphic arts library, which includes a monthly reporting package. Understanding your industry performance indicators, industry ratios, profit leader metrics and benchmarks allows us to help you align staffing, equipment needs and track overall operations execution.
Financial forecasts are a critical management tool in helping to align your business with expectations. A good forecast becomes the ruler to help measure ongoing success or failure of your operations. Our professionals can help you develop a credible and an effective forecast that allows management to make better decisions and focus on the future. In conjunction with your existing reporting package, our attention to detail and our unique format help make your forecasts reliable and easy to use.
A good forecast will provide information to help you make better management decisions regarding cash flow, equipment and personnel needs, and will help to evaluate and analyze other important decisions including:
The CARES Act allows all employers to defer the deposit and payment of the employer’s share of social security (SS) taxes (6.2%) and self-employed individuals to defer payment of certain self-employment taxes. The timing of the deferral will depend in whether or not the employer receives a loan under the Payroll Protection Program
Many companies have been significantly impacted by the downturn in the economy caused by the COVID-19 fallout. As such, the impact on your operation should be documented to support the need for the PPP loans.
Current market conditions around COVID-19 have reduced workload and forced difficult cost-saving decisions. In addition, heightened marketplace competition makes it critical that you understand what really drives your profits. A strategic cost review grounded in the knowledge of your cost structure, workflow and productivity measures can help managers focus on activities that bring the most value and allow you to align your pricing strategies to maximize profits.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 27 provides $349 billion in funding for the Small Business Administration (SBA) in an effort to provide assistance and relief to America’s small businesses struggling under the weight of COVID-19. The Act included a paycheck protection provision for small businesses by providing additional funding to the SBA for specific areas of need and expanding the SBA’s 7(a) loan program.
Small businesses are now eligible for up to $2 million in Economic Injury Disaster Loans from the Small Business Administration (SBA). President Trump has called for an additional $50 billion in funding to the SBA’s lending program from Congress. While the $50 billion is not yet approved, the SBA can issue an Economic Injury Disaster Loan declaration, thanks to the Coronavirus Preparedness and Response Supplemental Appropriations Act.
Knowing what to expect before starting the loan process will help prevent unnecessary errors and rework. Completing the application process quickly and accurately will be key as there will be high demand and processing times will likely increase. We’ve put together the following summary of what business owners can expect when applying for an SBA loan.
Qualified small businesses are now eligible for up to $2 million in Economic Injury Disaster Loans from the Small Business Administration (SBA) after President Trump called for an additional $50 billion in funding to the SBA’s lending program from Congress in response to COVID-19. While the SBA waits for the $50 billion to be approved, they can deliver an Economic Injury Disaster Loan declaration in response to the Coronavirus Preparedness and Response Supplemental Appropriations Act recently signed by the president.
