CPA’s are well-placed to provide advice to business owners. Business advisory services range from recommendations, strategies and planning to optimize business profits and minimize risk and costs. At Stern Cohen, we help business owners after looking at their financials and getting an understanding of their goals. We’re the trusted advisor in advisory services!
Business Advisory
We’re looking at the big picture and a comprehensive plan for your business.
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Advisory
You need a trusted advisor. That's where we add strong value.
Stern Cohen clients are at all stages of the business cycle: start up, growth, or in transition due to retirement. Whatever stage you’re at, whatever challenges you’re facing, we’ll tailor our service to your needs, bring in our full service team, and support you when you need us. Our clients sleep well at night knowing they have expert guidance for their business.
Advisory Services
Stern Cohen’s business advisory services include:
- Management advisory
- Business financing assistance
- Corporate structuring and restructuring
- Reorganizations
- Cash flow projections
- Exit, retirement and succession planning
- Divestitures
Business Advisory Needs
As a business owner, are you considering any of the following:
- Should I open a new plant?
- How should I price my new product line?
- How can I manage cash flow when starting a project that will drain my resources?
- How much can I afford to pay my staff and when should I hire new staff to keep up with business demands?
- When will I start making a profit on our new facility, and what will my return on investment be?
Rather than relying on your intuition to answer these questions, business owners can reduce risk by working with a trusted advisor at Stern Cohen. We have the financial expertise to assess the risks and long-term financial benefits of your choices. Make better decisions with our team at your side.
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Questions
Why has demand for advisory services increased?
The COVID-19 pandemic changed the business landscape. Innovation, consolidations, mergers and acquisitions are the new normal. More than ever, business owners are in need of guidance, analysis and projections. At this crucial time, business owners need a strong accounting team, advisors, and tax specialists on your side to ensure the best outcome.
How do I know what kind of business advisory I need?
Great question! Your accountant will be able to make suggestions, highlight opportunities, and uncover potential risk. They can share recommendations and options to advance or safeguard your business. This is why having an experienced and trusted business advisor is so important. We recognize that you are a specialist in your industry, but that you may not have financial training or expertise. That’s why it’s so important to have a full service firm like Stern Cohen on your side.
