At PRASKOS ACCOUNTING FIRM INC, our experienced staff of business consultants is committed to assisting you through every phase of the business life cycle, applying our experience and insight to provide you with meaningful and practical strategies and solutions to address the issues facing your business. From incorporation through business succession planning, we provide the comprehensive advice, insight, and technical expertise you need to help your business achieve success at any stage.
Starting a business is challenging on many levels, from the hard work of establishing yourself in the marketplace to the complexities of managing the paperwork, and it’s easy to become overwhelmed without expert advice. With years of real-world, hands-on business experience behind us, the team of detail-oriented professionals at PRASKOS ACCOUNTING FIRM INC will not only help you to evaluate the advantages and disadvantages of corporations, partnerships, and LLCs, ensuring that you select the right entity for your new business, but can also guide you through formulating a business plan, dealing with any necessary registration, permitting, or licensing processes, managing compliance with local, state, and federal laws, and can even provide a market evaluation to allow you to position your new business as advantageously as possible in the marketplace, or a business valuation, if you are considering the purchase of an existing business.
The employee benefit plan landscape has changed dramatically over the last few years, and our staff of specialists is committed to helping you navigate these changes. We can review your existing plans for ERISA and tax compliance, and we can help you to understand your workforce, your objectives, and the advantages and deficiencies of your current employee benefit plan, analyze the marketplace with your specific requirements in mind, and uncover the best fit for your objectives and employees. At PRASKOS ACCOUNTING FIRM INC, we strive to provide creative, comprehensive employee benefit plans and can help you weigh the complex benefits and costs posed by today’s qualified and nonqualified pension and profit sharing plans, including 401(k), SEP, SEP IRA, Keogh, life insurance, and health insurance plans.
If you are thinking about buying a business, the team of experts here at PRASKOS ACCOUNTING FIRM INC has the hands-on experience, the passion for detail, and the insight to provide a holistic view of any transaction, from comprehensive assessments of potential purchases to business valuation services to analysis of the financial, tax, and operational implications of any purchase. PRASKOS ACCOUNTING FIRM INC can advise prospective business purchasers about local market conditions, industry trends, and the financial condition of an acquisition candidate. Alternatively, if you are thinking of selling your existing business, PRASKOS ACCOUNTING FIRM INC can help you plan for the sale, identifying any structural or financial changes you need to make to maximize your company’s value and obtain the best possible sale price and contract payout terms.
In today’s rapidly-changing business environment, the right management strategy can make the difference between a struggling organization and a thriving one. To drive value in your organization, you need thoughtful, candid advice from a trusted advisor with the real-world experience and knowledge to help you determine an achievable management strategy, optimize your business processes, and produce sustainable value for your organization. At PRASKOS ACCOUNTING FIRM INC, we leverage our associates’ business acumen to offer complete management advisory services, including systems implementation and management, process analysis, change management, business transformation, workflow analysis, enterprise risk management, cost controls, employee benefit plan restructuring, and much more to help your organization improve performance, implement industry best practices, and maximize growth.
Financial planning is critical to the success of any business, and at PRASKOS ACCOUNTING FIRM INC, we are committed to working with you to create a thoughtful and comprehensive plan to achieve your business objectives. We provide a complete range of financial and business forecasting services, and can also create customized "What If" planning scenarios to help management foresee and plan for unexpected business contingencies. PRASKOS ACCOUNTING FIRM INC has the experience, the innovative thinking, and the insight to help your organization identify and manage risk, quantify resources, and formulate and achieve your strategic goals and objectives.
You worked hard to establish a successful business, and thoughtful business succession or exit planning is the key to ensuring that your business will continue to flourish in the future, without your day-to-day involvement. Too often, healthy, successful businesses are negatively impacted by a lack of succession or exit planning, from unclear transfer of leadership to liquidity problems stemming from unexpected inheritance taxes or costs. As experts in the field of business succession and business exit planning, PRASKOS ACCOUNTING FIRM INC can help you to design a comprehensive strategy to avoid these problems and achieve your objectives, giving you the peace of mind that comes from knowing that your business will enjoy a smooth continuance, and your heirs and business associates will be well protected.