Business accountingWhat goals have you set for your business? What growth do you expect this year and next?

Lyle & Associates wants to know about your plans for the life of your business. Our clients are from industries such as manufacturing, construction, real estate, contracting, publishing, advertising, printing, package and web design, video production, photography, wholesale distribution, retail stores, restaurants, auto repair, bed & breakfasts, dental practices, and law firms among others.

Our consulting and compliance services include:

Accounting for Entrepreneurs & Other Business Services

We can guide you through choosing the appropriate entity type for your new business, advise you on matters such as viable financing options and taxation issues, and help you create a credible business plan to serve as your road map to success. We can find the best and most cost-effective accounting system, and teach you how to use it. Best of all, we will remain by your side to help you grow your business.

Strategic & Business Planning

We specialize in consulting to closely-held businesses and their owners. We see inside your business and offer advice on succession planning, managing cash flow and inventories, business valuation and all the tough issues business owners face.

Succession Planning and Ownership Transition Strategies

Have you put your business plan on paper and communicated it to your management team? Have you groomed someone to take over the business when you’re ready to retire? Don’t wait until retirement is imminent to take the necessary steps. Succession planning is a long-term process.

Cash Flow Forecasting

Does your quarterly business plan allow you to forecast your cash needs effectively? We can help you develop a monthly or quarterly cash flow forecast, so you can plan for credit line advances, tax payments and the like.

Business Valuation

Do you know what your business is worth, either for potential sale or transfer to management, the next generation, or for purposes of calculating your estate tax liability? Our business valuation services can help you develop an accurate idea of your company’s value so you can plan accordingly.

We can also help with estate valuations, shareholder agreements, and litigation support.

Employee Compensation and Benefits Plan Design & Consulting

In this competitive employment environment it’s hard to attract and retain good people. Let us help you design incentive compensation arrangements and attractive employee benefit plans for your key employees.

Accounting Systems Design & Implementation

As a QuickBooks Pro Adviser, we can help you determine the best accounting software package for your needs and assist in its installation. We’ll help you get the best financial information possible from your accounting system, to allow you to make better business decisions.

Outsourced Controller/CFO Services

Do you need sophisticated financial management advice on a regular basis, but you can’t justify a full-time Chief Financial Officer? We’ll provide permanent, part-time controller and CFO services on a weekly or monthly basis at a price you can justify. We can help your accounting staff be more effective.

Financial Statement Compilation & Review

Are you currently receiving and using timely and accurate financial statements? We can provide your business with financial statements that give you a clear picture of your finances and suggest ways to improve them.

Income Tax Preparation

We offer tax preparation for individuals, estates and trusts, corporations and partnerships.

Ongoing Tax Planning

We provide quarterly and year-end tax projections and related advice to minimize tax liabilities.

Financial Reporting Systems

As a QuickBooks Pro Adviser, we can recommend and install off-the-shelf bookkeeping software packages and help you format financial reports for the most usable results, including comparisons to prior year, budgeted or industry benchmarks. We also help you catch errors and make adjustments on self-prepared books on a monthly or quarterly basis. We can prepare your 1099 forms for non-employee compensation, rents, interest and dividends that are due each January.

Need help or have questions about business accounting or need help with manufacturing cost accounting?

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