Business Advisory Services

From the right accounting software choices to the proper management of the human side of your business resources, we provide the insight for turning "What Could Be" into "What Is". Some of our most requested services are:

Off-site Controllership
We work with our clients, so when their business is in need of financial and accounting services, we are out from our desks and behind yours for as long as they require our help. Our interim staffing positions include: Chief Financial Officer, controller, accounting manager, staff accountant, bookkeeper, and human resource manager. HAB also offers interim services including: payroll, bookkeeping, general ledger maintenance, budget preparation, internal/external reporting, system troubleshooting, advanced financial services, management of staff and external contacts, and special financial projects.

Human Resources
Our human resources team can assist in a wide variety of businesses, organizations and industries with every aspect of human resource services and compliance issues. We can assist with your policies, procedures, employee manuals, or compliance with the latest requirements passed into law.

Business Planning
This service deals with meeting with owners or various team members of an organization and determining what the short and long-term goals are and then deriving the changes needed to achieve those goals. The work does not stop with the plan outline being placed on a shelf collecting dust. We work with management to monitor progress to various target points detailed in the plan.

Cash Management
Cash management is a broad area having to do with the collection, concentration, and disbursement of cash including measuring the level of liquidity, managing the cash balance, and short-term investments.

Financing Analysis
We appraise your operating data, evaluate business performance and ensure that sufficient funds are available to finance short-term initiatives as well as long-term projects. The end result is an assessment of the operating performance and a recommendation of adequate strategies for your business.

Merger & Acquisition Consulting
Our team works for you to provide our sellers with the highest after-tax proceeds, and our buyers with the best purchase price allocations for future tax write-offs. This approach often helps build consensus and bring negotiating parties closer to a mutually beneficial agreement. The process includes maximizing after-tax proceeds with transaction tax planning, exit strategy analysis, putting companies in a sellable position, and buyer consulting.

Profitability Analysis
Profitability encompasses many areas of your business, from the type, sales mix, and profitability of the revenue generated by your customers to your cash flow and inventory levels. Our team takes a look at all applicable areas of your business to determine your profitability in relation to your company's history and to others in your industry. Giving you power to make informed decisions.

Succession Planning
Having an effective exit plan is simply good business. The sale or transfer of a business is a significant financial event, and one that unfolds differently for every business owner. HAB has guided numerous professionals through this process, allowing a smooth transition of company ownership. We will help you outline and achieve your personal financial goals before exiting your business.

Valuations Services
Business valuations are performed for privately owned companies to determine their value for a variety of needs. Value determinations are most often requested for the following reasons: gifting programs/gift taxes, estate taxes, divorce, buy/sell agreements, charitable contributions, disruption of a business, dissenting shareholder, actions/partner disputes, mergers & acquisitions, and succession planning.

Contact Doug Wendlandt, CPA: Partner - dwendlandt@habco.com - 715.384.1971