Business Services
Your Choice of Service Levels
What We Do Here ... Back to contents More than the traditional services.
Yes, we offer you all the traditional services of an accounting firm but we understand that there is so much more that can be done to help you reach your ideal profits and an improved lifestyle.
Things like management, marketing, customer service, team retention, working processes and business building strategies. Our Business Development services are designed to offer you this extra support to help make your business better, more profitable and more valuable.
To best serve your needs, you can select from 4 levels of business services. Of course all aspects of these are tailored to your specific needs.
Bronze Service... Back to contents ...Tax filings and compliance services.
This is what every business person has to have done, just to "comply" with the tax laws and banking agreements. It includes Income Taxes for Federal (and States, if needed), and the assortment of other matters Governments or Banks require of you. Review our Menu of Services below.
BRONZE MENU OF SERVICES - Simply review the following menu of services and choose the services you need:
To receive these services, the Customer agrees to use their own personnel to set up, post and maintain QuickBooks or other internal accounting software, unless item #3 below is selected.
1. Unlimited telephone or e-mail assistance to your current bookkeeper or Financial Officer in maintaining your Accounting System.
2. Unlimited telephone, mail or e-mail advice on financial & tax matters to business owners.
3. Maintain basic accounting system from client provided information.
4. Prepare annual business income tax returns for a corporation, s-corporation, partnership, trust or limited liability company, including state tax returns where applicable.
5. Maintain fixed asset schedule.
6. Prepare annual county property tax declaration.
7. Prepare monthly or quarterly Sales and/or Use Tax returns.
8. Prepare quarterly and annual Payroll Tax returns, W-2 forms and 1099 forms.
9. Assist with owner/officer W-2 fringe benefit calculations.
10. Prepare personal income tax returns for business owners and officers. Information may be dropped off or an appointment will be provided with a preparer.
11. Provide a year-end tax planning review during the last quarter of the financial year (if you choose to make an appointment.)
12. Prepare Trust and/or Family Limited Partnership income tax returns.
13. Provide annual Retirement Plan assistance in calculating contributions or coordinating information to plan administrator.
14. Electronic filing and/or direct deposit included at no additional charge.
15. Addressed, postage-paid envelopes provided with all income tax returns.
16. A FIXED INVESTMENT The value of the services you select is established with you in advance and you can select a payment plan that suits your budget. This way there are no surprises for you.
Silver Service... Back to contents ...Everything in the Bronze package plus:
1. Prepare compiled (unaudited) financial statements annually.
2. Or, prepare reviewed financial statements annually.
3. TAXATION AUDIT PROTECTION When you are a client of Goldberg, Maroney you will not incur any professional fees from us if a return we prepared is selected for taxation audit. You will, however, be liable for any tax, interest or penalties that arise from an audit. This guarantee is for current clients only, and does not cover any return not prepared by Goldberg, Maroney.
4. Analysis of Where Your Money Came From and Where It Went You will receive an analysis that shows just where money came from during the year and where it went to.
5. Trend Analysis You will receive an analysis of the most important trends in the progress of your business.
Gold Service Back to contents ...Everything in the Silver and Bronze packages plus:
1. Prepare quarterly interim complied financial statements.
2. Unlimited access to your account manager at any time in person, by phone or e-mail for advice on ad hoc matters.
3. Cash Flow Projection and Profit Plan The plan assures that your business performs to the expectation that you commit to at your strategic meeting at the beginning of the year. We will review this together . And we adjust for variances to get a realistic view for the rest of the year. The plan is reviewed in a 3rd quarter meeting and comparisons to actual results are reported with the financial statements each quarter.
4. Your Business Compared to Your Peers Your business will be compared to key financial performance indicators of businesses within your industry, so that you are aware of your progression toward business excellence.
Platinum Service Back to contents ...Everything in the Gold, Silver and Bronze packages plus:
1. Prepare monthly complied financial statements.
2. Meet quarterly to review your Cash Flow Projection and Profit Plan.
3. Net Worth Change Are you in business to improve your net worth? If not, we suggest that you should be. Your personal financial statement will be prepared and presented so you can see for yourself your increasing net worth.
4. Your Key Performance Indicator Reviewed Monthly And what is KPI? This is a measurement of the performance of those activities within your business that you absolutely MUST get right. How do you know which activities you must get right? The governing economic purpose of your business will be identified and from this we will extract those activities that are most critical to its success. We will be working with you pro-actively each month to review the results. This is not "coaching." Coaching comes with our Business Development work. But, this will help add value.
5. Guaranteed Turnaround Time for your Work of less than 15 Working Days We guarantee that your work will be completed within 15 working days of you providing all the materials to us. This will enable you to make pro-active decisions, rather than reacting to historical data. If we fail to deliver on our promise we will pay you $200. This is our guarantee to you.
6. If you choose, we will come to your office to conduct your personal tax return interview.
7. Initial analysis of Business Development Assessment Questionnaire, review of "First Steps" video and a four page review of key business practices.
For those days when things have gone astray take heart, at least you didn't say this: Back to contents "I suppose you think that on our board half the directors do the work and the other half do nothing. As a matter of fact, gentlemen, the reverse is the case." - A chairman of the board defending his fellow directors!
Business Development.. Back to contents A Unique 10 Step Process for you
Goldberg, Maroney & Associates is a firm that helps you build your financial position by making your business more valuable and more profitable. To do that we've developed a specific and purposeful 10 step process to help grow your business, improve your lifestyle and increase your profits significantly. Here's how we work with you to develop the true potential of your greatest asset: 1. A preliminary assessment
To gauge the level of results you can expect from your business, we'll ask you to complete a preliminary questionnaire. Using software tools designed to identify and quantify your potential for profit improvement, we're able to tell you just how much improvement you could expect using the techniques and resources available to us, as members of the Results Accountants Network™. Visit the area called A Special Network in our About Us section to find out more about what that membership means to you.
You will be considered for our business development processes if your potential for improvement is significant - typically in the order of approximately $100,000. Now before you think - "my business couldn't improve by that much", we think you'll be genuinely surprised when you see the potential of your business.
2. An initial consultation ensures there's a match
Here we'll present you with a summary of the improvement potential within your business. You see some of the processes used and how together we will approach improving your business and its return on your investment. When you decide to continue the process you receive your personal copy of your 'Business Development Program'.
3. A more detailed investigation maps a course of action
Included in your Business Development Program is a more detailed 'Business Development Questionnaire'. This gives you instant insights into the challenges you face and what needs to be done to positively deal with them. We can then identify the strategic opportunities that come from the way you do business - your business processes - and provide you with a documented analysis. This will help you see and develop a course of action made all that much clearer by your next step...
4. Your strategic vision decided
Most business people have only a 'hazy' vision for the future of their business. To really achieve improvements it's important to turn that vision into a crystal clear picture. From there you can work back to where you are today, identifying all the strategies you need to implement to achieve your goals. We use a Planning Session for that process. At your Planning Session your team reviews with you the key issues you face and the potential solutions. Here you really start to see how the process comes together and why it's just so important to develop your business even further right now. As a result...
5. A plan of ACTION will be devised
We've found clients relate better to 'Action' plans rather than lengthy, heavily worded business plans. You'll receive a result orientated action plan that's easy to relate to and more importantly - easy to implement. This plan provides you with the basis for moving forward with your business development. With clearly defined goals and dates to achieve them by, you and your team have far more direction and far more likelihood of success.
6. Your customers often have all the answers
To really create a successful business you must know exactly what your customers want and interestingly, what they find frustrating when dealing with your business and your type of business. That way, you can adopt strategies and business processes that make yours the specific business within your industry they prefer to deal with.
Addressing your customers issues gives you a great opportunity to create a competitive edge for your business, an edge that means you could for instance, move away from competing on price and continue to capture more and more customers.
A 'Client Advisory Board' where we sit down with customers and listen to them in a special, structured way is a major key here and an invaluable way to add value to your business. We know precisely how to facilitate yours, using a turn-key approach with selected customers that will mine critical information for you.
7. Your team has even more answers
Your employees play a vital role in how well your business meets customers' expectations. Better yet, your team deals directly with the issues raised by your customers on a day to day basis. Often, that means they have 'hands on' insights you could benefit from. A 'Team Advisory Board' (much like your Customer Advisory Board) generates strategies that improve the processes within your business. Goldberg, Maroney & Associates has protocols for working with your people to develop a customer service plan that directly deals with the feedback you receive from customers and team members alike - instantly setting your business on a path much more aligned with customer expectations.
8. An entirely different kind of audit
At Goldberg, Maroney & Associates we like to look at a business as a collection of people performing a wide range of activities or 'processes'. How well these activities are completed ALWAYS determines the outcomes or results your business achieves.
We find most businesses have not truly systemized their processes. The result being that those outcomes are often random and many business people are left feeling they lack real control.
Improving business performance is fundamentally then about improving the key processes within your business.
Goldberg, Maroney & Associates uses a system to analyze the processes that comprise your business and its activities and identifies with you and your team which processes need to be re-designed for far better results.
9. Your key business 'processes' - a system
From there, we can work with you to document the elements of your business and its processes. This gives you a documented system that allows you greater control over your results, by defining exactly how each process is to be completed. Again, you get better control AND outcomes. Another consequence is critical. The value of your business increases as your business moves more and more towards being a turn-key 'system' - a system that produces expected results.
10. Your financial plan and NEW "KPIs"
Imagine having a control panel on your desk, much like the dashboard of your car, with gauges and signals that tell you instantly how your business is traveling. Compare that to the hectic, reactive nature of most businesses, large or small.
Your 'Key Performance Indicators' (KPI's) and your Financial Plan offer that level of control for your business just like your dashboard. Called your 'Management Control Plan', these KPI's and financial projections help you track your progress. They tell you what is going on in all the key areas of your business and enable you to respond quickly to changes and new situations - that way generating optimal profits for you.
It's important that Goldberg, Maroney & Associates plays an ongoing role here, using software, your Key Performance Indicators, and your financial position are tracked. Its importance could be compared to watching your speedometer and fuel gauge when you're on the road.
If you'd like to contact us about our Business Development Programs - simply go to Contact Us and let us know.
As you know change is a huge part of business today. But change often brings about uncertainty for team members. To help ease their concerns it's critical you give them 'brightness of the future'. 'Brightness of the future' means giving your team reasons to be positive about their future within your business - career opportunities, rewards, ongoing improvements to your business, flexible working relationships, trust, and respect. Here are 11 ways to help your team deal with any transitions and have an understanding that there is a future for them within your business:
- Communicate, communicate, communicate.
- Adopt a positive attitude.
- Share your excitement about the change with everyone you meet.
- Involve employees in making decisions that affect them and their work.
- Change only what needs to be changed.
- Be honest and timely with good news and with bad.
- Be clear and consistent about your expectations.
- Don't surprise your employees.
- Once the process is started, make sure you follow through.
- Fight false rumors with truth and information.
- Be sure they can see a place for themselves in the future of your business by proper career planning.
Other Business Services
One Time Projects Use our expertise to help solve other common business problems. One-time projects include business or practice startup services, business transaction planning or any number of special situations where we can help improve the performance or profitability of your business.
Some examples are:
- Transaction planning
- Business plans
- Bank financing assistance
- Business startup services
- Set up and conversion of accounting systems
- Coordinate choice of business entity
- Prepare estate or gift tax returns
Transaction planning Back to contents
Prepare for major business transactions or business strategy changes such as purchase or sale of a business, merger of practices or a divorce (business or personal).
Written business plan Back to contents
Prepare a written business plan for use with key employees, advisors, banks and others.
Bank financing assistance Back to contents
We can assist you in obtaining bank financing by preparing projected financial statements and introductions to local lenders.
Business startup services Back to contents
We can assist you by coordinating with your legal team (or ours) to prepare the appropriate documents for corporations or other limited liability entities. We can also apply for all federal and state payroll tax accounts, prepare an S corporation election (if needed) and we can help you obtain a business license.
We can write and place employment ads and pre-screen applicants. Other advice is available on an ad hoc basis as a general business or financial advisor during the startup phase.
Set up and conversion of accounting systems Back to contents
As a QuickBooks Certified Professional Advisor, we can help you set up QuickBooks or other accounting software. Software upgrades and help with changes in software features is available. Finally, one-on-one training for new personnel or bookeepers can be arranged.
Coordinate choice of business entity Back to contents
The choice of business entity (proprietorship, partnership, corporation, etc.) is potentially the most costly tax decision you can make. We can explain your choices and coordinate with your attorney.
Prepare estate or gift tax returns Back to contents
We prepare form 706 for estates exceeding $650,000 in value or form 709 for gifts exeeding $10,000 in value.
Phone Right Training Back to contents
Train your team to delight customers starting with the first impression.
Towards Awsome Service Training Back to contents
Determine system failures in customer service and set performance standards for a new customer service strategy.
Making Your Business Really Fly Program Back to contents
Identify ways for owners and top managers to change mindset to move from working IN
their business to working "ON" their business.
Advanced Financial Management Training Back to contents
Help non-financial owners and managers interpret and use financial statements.
Building a Better Business Program Back to contents
Gain insight into how to shape the future of your business throught mareting initiatives. Approximate 3 hour interactive audio and discussion.
Write Right Training Back to contents
Create those letters, brochures, ads, and marketing materials that grab your customers attention.
Customer Advisory Board Back to contents
Conduct a customer focus group, bringing several customers together to determine likes and dislikes and ways to make the company more profitable and valuable.
Team Advisory Board Back to contents
Conduct an employee focus group, bringing several employees together to determine likes and dislikes and ways to make the company more profitable and valuable.
Testimonials
Come find out what our customers have to say about us.