Business Advisory and Financial Consultancy
K & K offers a wide range of Financial Consulting and Business Valuation. Our primary purpose is to help you achieve your personal and business goals.
Financial Planning
The Comprehensive financial planning is the process of accumulating, preserving and distributing your assets. We help you develop a plan to accumulate and invest your money and address questions such as:
How Do I Save Money To Invest?
Budgeting is the cornerstone of every financial plan. Your budget must be written, tracked and reviewed monthly. Do not be unrealistic, allow for unforeseen events and for fun. The goal is to save 10% of your earnings. As time goes on, try to increase the savings percentage.
How Do I Invest Wisely?
Most importantly, you must have trusted advisors who recommend adjustments to your portfolio in response to changes in our world. We work closely with your financial advisors to ensure we all understand this is your nest egg and is invested accordingly. The success of past returns is not indicative of future returns. You must maintain a disciplined approach with diversified holdings. We do not offer investment advice, but help you understand whether the risks correlate to your expected returns. Following these concepts will give you greater opportunities for success.
- Financial Statement Analysis
- Business Feasibility Studies
- Cost Accounting to Manufacturing Industry
- Financial Projection including Rolling Forecasts, Cash Flow Projections
- Budgets and other related Management Information
- Debt and Finances Advising
- Mergers and Acquisitions
- Business succession
- Loan package preparation
Business Valuation
What are the benefits of knowing what my business is worth?
- Planning. For your financial well-being, it is crucial to know the value of your business in structuring buy-sell agreements, financial planning, and mergers and acquisitions.
- Litigation. Determining the value of your business will assist in resolving stockholder disputes, determining damages, settling insurance claims and solving other business disputes.
How is my business valued?
There are five basic steps accredited business appraisers follow in valuing your business:
- Define the appraisal engagement.
- Gather the necessary data (financial and underlying official documents) to assist in performing the appraisal.
- Analyze the data to develop an understanding of the business and the economic impacts of business operations going into the future.
- Estimate the value of the business.
- Provide written communication describing how the value was determined.
How do I improve the value of my business?
Potential buyers of your business first look at prior years’ profits as reported on your income tax returns. Value is based on profits. To increase your business value, you must increase your profits.
Documenting decisions will establish evidence of a well-functioning management team and enhance the value of your business. Potential buyers (or their agents) can then recognize the steps taken to improve the value of your business.
Why should I have my business valued?
Valuation is a business planning tool that helps a business owner understand how to make the business more profitable. This is accomplished by comparing your business to other similar businesses and identifying your strong and weak points. Statement of Financial Position, Statement of Comprehensive Income, and Cash Flow Statements are not always enough. The business valuation provides information not available through other sources.
- Evaluation of Business Entity
We are Always Ready to Assist Our Clients
developing financial processes and procedures