St. Louis Accountant Gives Business Owners Advice During Tight Borrowing Times

Whether you are an entrepreneur or an existing business owner, going to the bank for your borrowing needs can not only cause anxiety due to the tight lending regulations, it could end up with the door being slammed in your face. What can make this experience worse is going to the bank unprepared. We want to help!

At Favazza & Associates, LLC Certified Public Accountants and Business Consultants we want to be more than just the ones that crunch your tax numbers. We can help nurture and develop your financial position to leverage your hand when talking and negotiating with vendors. A great business plan and financial projection can take you a long way in today’s business world. Letting those who are judging you see that you have come prepared and are organized gives you an upper hand amongst your competition.

We want to be instrumental in your Banking Life Cycle and it doesn’t matter where we jump in. We have a range of services that can help your business achieve its financial goals. Here is a list of services that we can provide from inception to succession.

Inception / Seed
• Develop a business plan to include financial projections
• Assistance in determining pricing
• Consult with on Marketing & Sales Building Strategies
• Consult with about funding

Start-Up Phase
• Determine Correct Tax Entity
• Apply for Tax ID Numbers
• Set up QuickBooks
• Payroll Services
• Monthly Accounting
• Sales Tax Returns
• Analyze income & expenses compared to budgets & forecasts

Growth Phase
• Prepare cash flow projections for new products or locations
• Consult with on buy vs. lease on vehicle loans
• Develop more sophisticated accounting and financial reporting

Established/Expansion Phase
• Tax Planning and Preparation
• Reviewed financial statements
• Projections on new projects, departments, locations
• Consult on retirement plans

Exit Strategies / Succession Planning
• Business valuation
• Income Tax Planning
• Structure of payments

Don’t be bitter when you walk out of the bank because they told you “Sorry we can’t help you at this time”. Let us explain what the bank is looking at to make their decision and help you get there. Learn more about alternative lending by checking out our website at www.favazzacpa.com and sign up for our newsletter and get “specialty tips” by becoming a fan of our Facebook page today!

At Favazza & Associates, LLC Certified Public Accountants and Business Consultants we want to be more than just the ones that crunch your tax numbers. We will give you the advice you need to help during these tough lending times.

1811 Sherman Drive, Suite 9
Saint Charles, MO, 63303

This release was published on openPR.