Meticulous accounting practices and governance are a necessity for the success of any business, regardless of size. While business owners should have an understanding of their finances, their interests may be best represented by consulting a seasoned CPA.
The professionals at M&K CPAS, PLLC understand the level of accounting and governance that is necessary for the future growth of any business.
Throughout the years, our professionals have worked with businesses of all sizes. Our wide range of services and expertise helps secure the future growth for many businesses across the globe. These services include:

• Business Planning
•  When venture capital or large loans are at stake, many companies prefer to hire expert consultants to highlight the best aspects of the company through developing a business plan detailing how the company plans to achieve its objectives.
  The professionals at M&K CPAS, PLLC have years of experience helping businesses map out their road to success by developing comprehensive business plans. Business plans help identify internal problems, new opportunities, and resources. They are vital in creating and reaching new milestones.
  Call 832-242-9950 or contact us online for an in-depth consultation. Our professionals will help you develop a plan that puts your business on a path towards growth.
  

  Devising the Proper Business Plan

  As new trends in an industry are identified, new business plans should be created to address the changes and how the company plans to take advantage of such changes. Addressing changes in the industry will help businesses maintain their competitive advantage. The professionals at M&K CPAS, PLLC will help develop goals and strategies to compete in your industry.
  Business plans may be written in numerous formats. The type varies based upon the audience and the complexity of the business. Our experts often address the following topics when executing a proper business plan:
  
• Business Summary
• Market Opportunity
• Addressing the People Involved
• Implementation and Contingencies
• Financial Projections
• Sources of Capital

Business Summary
A business summary will describe the business venture, purpose of the venture, management, marketing, finances and operations. This summary allows the interested parties to fully understand the intent and future execution of your business.
Market Opportunity
The market opportunity segment addresses how the business will meet an unmet need in the industry. The target customers, pricing and competitors are also described in this section. This allows the interested party to visualize the business conception efficiently.
The People Involved
Sound business plans should address the people that will be managing the business. Addressing the audience involved in the business plan also provides opportunity to receive input from your employees.
Implementation and Contingencies
Our business plan consultants will assist you in describing exactly how to implement the business idea in the "Implementation" section of the plan. Implementation strategies can include:

• Marketing
• Operations
• Financial
• Start-up

This segment elaborates on how the company will delineate itself from the competition and any costs associated with implementing of the plan. This aspect also addresses how management will respond to anticipated problems as they arise.
Financial Projections
This could include items such as break-even analysis, projected financial statements, and assumptions in which projections are based.
Sources of Capital
This would detail the company's plans in raising capital through debt and equity instruments.

Consulting an Expert

The professionals at M&K CPAS, PLLC are trained to write business plans for all types of companies, including for-profit, non-profits, limited liability corporations, S-Corporations and others. Our services will help you meet your goals by identifying available resources and developing a sound plan to meeting them.
Call 832-242-9950 to determine how our experts can help your business succeed.

• Business Growth Plans
•  After developing a comprehensive business plan, companies often develop more specific growth plans to further address how the company plans to evolve.
  Business growth plans govern the daily action of employees and involve everyone in the growth of the company. The vision of the company is clearly outlined to create a collaborative environment for capturing opportunities.
  Let the professionals at M&K CPAS, PLLC help you create a sound growth plan to take your business to the next level. An effective business growth plan should encourage the company to focus on the following:
  
• Strong promise fulfillment
• Marketplace research
• Purpose
• Marketing plan
• High sales conversion rate
• Accurate, timely billing and collections
• Assessment of available resources
• Management evaluation

Business growth plans should be reviewed and revised on a regular basis. As new trends enter the industry, business growth plans should reflect the changes and incorporate the ideas into the strategy.
Our CPAs can help keep your plan up-to-date and effectively respond to industry trends.

Creating the Growth Plan

The plan should also assess the skills of employees to allocate the best people to projects that will implement your plan for growth. In some instances, companies find that their current team is not adequately experienced to accomplish the new goals of the company. Growth plans may also include funding for expansion (e.g. equipment, facilities, and staff).
An increase in sales is greatly aided by renewed public interest. With this in mind, the business growth plan should provide a detailed description of the company's marketing plan, which should discuss the company's competitive advantage and branding strategy. Having an effective marketing plan will also help encourage growth and increase revenue.

Mold Your Business's Future

Our firm can help steer your company in the right direction for successful growth. We hold years of experience in effectively developing business growth plans, financial statements, financial forecasts and constructing numerous other reports that help guide your business to prosperity.
Call 832-242-9950 or send an online message to receive more information and an in-depth consultation. Begin creating your road map to success.

• Selling Your Business
• As a business owner, selling your business is probably one of the most difficult and complex decisions that you may be forced to make. There are many reasons that this decision has to be made, including financial considerations, personal issues, or desire to enter into a different field or create a new business.
  The professionals at M&K CPAS, PLLC are highly experienced in this process. By providing accurate financial reporting, they help ensure a proper valuation for your business. Contact our firm to learn more.
  When selling your business, it is important to consider what potential buyers may value. This includes:
  
• What are future goals of the potential buyers?
• Who will be affected by the selling of your business?
• Is this going to be a clean separation?
• Will you retain day-to-day involvement?

When others are involved in your business, you should examine the affect that selling your business may have. This means considering the role that key players will have after the company is sold, such as management, investors, and business affiliates.

Selling your Business in Parts Rather Than a Whole

Not all businesses are the same and it is possible to sell all or a part of the business according to what the majority owner wishes. For a new buyer, the terms of the sale may include retaining the old ownership, at least in principle for a while, in order to form a greater sense of continuity as the sale goes through.
This may be advantageous to both parties in many instances and will allow the business itself to form a more seamless transition between the old and new owners.
There are also times when the business itself is not sold off, but instead various articles of interest are offered to buyers. These may include surplus equipment, customer lists or other types of assets that are expendable. Anything that is not part of the original agreement will remain in the owner's possession.

Comprehensive Business Valuation

It is highly advisable for any business owner to seek expert tax advice before making any kind of selling arrangement. Our team of experts can provide you with the valuation and consulting that you need during this critical time. For more information or for a free consultation, please call 832-242-9950.

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We also offer accounting and auditing services for business across many industries. For more information, please contact our firm directly at (832) 242-9950.

Meet Your Financial Goals

Through accurate accounting, business owners become aware of important performance metrics, profitability calculations, and efficient long-term planning. This information makes it easier to allocate resources to meet future goals and objectives.
Our experts can also help ensure that your business's finances respond well to short-term demands and thrive after unexpected emergencies.
Let M&K CPAS, PLLC help you succeed through our consulting and advisory services. We have worked with businesses of all sizes, providing the accountability and financial tracking that creates a growth-friendly environment. Contact us today for an in-depth consultation.