However, today’s entrepreneur is faced with a seemingly insurmountable mountain of challenges – cash flow concerns, tax planning questions, regulatory roadblocks, financing issues, not to mention the current economic atmosphere that has put a damper on many businesses nationwide.
Price Kong believes in the entrepreneurial spirit of small business. We will certainly help you navigate the challenges. But more importantly, we want to help you thrive and grow even when times are tough.
Whatever your industry – manufacturing, retail, high tech, or service – growth is key, and you can count on our support.
What PK can do for you
- Strategic Planning
- Business Planning
- Tax & Financial Planning
- Organizational Management
- Internal Control Evaluation
- Financial Analysis & Planning
- Benefit Plan Analysis
- Controller/CFO Outsourcing
Closely-Held and Family-Owned Businesses
You want more than just an accountant – you want an accounting partner who understands the special nuances of your company’s mission and operating procedures. Price Kong matches you up with one of our senior partners for a one-on-one relationship, offering strategic management consulting wisdom and serving as an invaluable business advisor on everything from banking and insurance to management structure and marketing strategies.
Price Kong brings you the best of both worlds: the personal touch of a local firm with the resources of an international firm. Our senior partners are easy to reach and consider themselves part of your business team. This personal level of service, combined with our membership with PKF North American Network, an association of independently owned accounting firms, gives us the ability to identify and manage any issues that may arise.
We can integrate the same information we use to assist you with your tax, retirement, and financial planning to provide sound business planning as well. We are committed to helping you see beyond the numbers. Together we can develop the best solutions for your business, enabling you to make wise decisions concerning practice management, personnel decisions, and your practice’s overall efficiency.
Developing Creative Financing Solutions
Obtaining financing is a bit of an art. Even more so in the current economy. Price Kong can help you choose and negotiate the right loan for your business needs, completing complex applications and ensuring that you have suitable records to present to the lender.
Planning is key: We help you maximize future opportunities by assisting with the planning of employee benefits, business succession, personal financial and estate planning, business valuations, risk management, equipment management and control, inventory control systems, and mergers and acquisition planning.
Preparing and Analyzing Cash Flow Projections
Understanding cash flow is critical because steps implemented to improve cash flow can often let you forgo taking on the burden of a short-term loan. Cash flow analysis is a necessity when preparing budgets and determining the best long- and short-term strategic planning.
Evaluating Job Costing Systems
Your job costing system can make or break your company’s cash flow, profitability and effective use of staff time. We review your current job costing system, suggesting changes where appropriate, or we can help you apply a new system that better meets your needs. Either way, our focus is to make sure that you get the proper training and on-going support required to operate the system and reap the most benefits from it.
Cost segregation opportunities: We can help analyze cost components of a real estate project to segregate costs for depreciation purposes, leading to possible reduction in corporate and individual income tax, an increase in cash flow, a maximization of tax credits and a reduction of property taxes.
Price Kong’s Small Business Services Include:
- Strategic/Business planning
- Succession planning
- Tax/Financial planning
- Organizational management
- Internal control evaluation
- Financial analysis/planning
- Benefit plan analysis
- Controller/CFO outsourcing
The types of small businesses we serve include: