services – The Business Doctor

Our Services

How can we help you?

Some Client Favorites

Everything We Do Makes and/or Saves Our Clients Money

Small Business Accounting or Bookkeeping

We offer a low priced monthly remote accounting/bookkeeping services that allows to keep these prices down & to service a larger geographic area, currently coast to coast. This also allows clients to spend their time doing business, making money and not worrying about your books. Clients send their monthly data to us for the previous month via email. Serving bookkeeping clients on a remote basis helps keep the prices down and clients love it. From the data our clients send us, we update their Income Statement & Balance Sheet and email them back these year-to-date financial statements so they always have them for reference & decision making etc. We also provide annual business valuations or appraisals & financial analysis to check on the financial health of the business. Corrective strategies are presented for any weak area found. We also provide them a discount on doing their personal & business state & federal income taxes**. Accounting or Bookkeeping is the cornerstone of all our services as everything depends on having an accurate picture of the business upon which to expand into our other offerings. Spend your time working your business & making money and not struggling with accounting.

Profit Development

Where we compare the vital signs of your business to those of other successful businesses in your industry and make recommendations accordingly. If most of the businesses in your industry are doing something that you are not????……maybe it’s time to make a change.

Problem Solving Through Comprehensive Financial Analysis

We compare your business financial vitals to other firms in your industry and make recommendations for improvements to increase profits.

Productivity Studies

Often a business will expand during good times and strive to keep expanding even during economic downturns. Our productivity studies will show you exactly where your business productivity is and what any lack of productivity is costing you in dollars & cents.

Business “For Sale By-Owner Packages”

Business Brokers will charge you 10% to 15% of the business selling price and the pays this whole amount when the business sells. Typically, most all small business sales require owner financing. This is where the existing business owner extends the financing to buy the business and takes monthly payments over several years until it is all paid off. These buyer down payments are typically 20% to 30% cash down with the balance carried by the seller for 3 to 6 years. Now if the only cash in the sales deal is the buyer’s cash down of say 20% and the broker takes 15%…..that leaves only 5% for the seller to pocket and to pay closing costs. Think of the poor seller who worked all their life to build a business that they sold for $300,000 and took 20% down or $60,000, paid the broker $45,000 and was left with $15,000 to pay closing costs and profit. Our program will package your business for sale with a professional opinion as to value & attest to the financial health of the business, show you where to advertise for buyers, all the contracts & counter offer forms you need to get the job done and at a fraction of what your costs would be selling through a broker.

Income Tax Preparation

We strive to provide our tax clients the maximum legal refund and the minimum legal tax consequences possible. The tax code changes slightly every year and staying current on the changes can save you money. Our accounting clients receive a discount on the preparation of their personal & business tax returns.

Small Business Funding

Periodically, every business needs an infusion of cash to keep going or expand etc. These cash infusions can be from business loans, accounts receivable factoring or other. We can help you set these fundings up with sources that often say yes when your bank says no. Typically, local banks or credit unions are not the funding friend of small business as they will often turn down the funding request or scale it back so much that it is useless to do. Our funding sources often say yes, when your bank says no.

Seller Carry Back Financing Liquidation or Sold

Often with the sale of a small business or real estate, the seller ends up carrying some of the financing for the buyer. Just as often, the seller would like all their cash now instead of taking monthly payments over several years. We can sell this carry-back paper for the seller and provide them a lump sum of cash instead of taking the monthly payments over several years.

Business Valuations & Analysis

Whether you are selling your business or going for a loan etc. all interested parties are interested in a professional third party estimate as to the value and health of the business before committing to any investment or loan or purchase. Our extensive analysis compares your financial statements to those of successful businesses in your industry and provides insights to increase profits.

Business Expansion

Setting up a business is not enough. We help you think ahead and encourage you to expand your business with a fool-proof plan.

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