- Business Consulting/Management Advisory Services
- Business Startup Assistance
- Estate Planning & Administration
- Financial Planning
- Inventory Accounting
- Tax Planning, Reporting & Compliance
Other services offered by Jeffrey N. Pelesh, CPA:
Helping You to Maintain a Clear View of the Financial Health and Performance of Your Business
|Having an accurate and reliable accounting system in place is a prerequisite for the health and continued growth of your business. Among other benefits, sound accounting practices allow you to
We can assist your business in all of the following areas:
Delivering Assurance Services to Mitigate Risk and Generate Confidence
|Audits are an extremely stressful and time-consuming but ultimately unavoidable part of doing business. Small- to medium-sized businesses and non-profit organizations are routinely required to provide audited financial statements in order to:
Our approach to auditing reflects the best practices of the field, and is tailored to meet the business operations, risk profile, and compliance needs of each client. Our audit services include:
We seek to add value to our audit work by offering meaningful recommendations on how our clients can improve their business operations, financial reporting practices, and risk management strategies.
Timely and Accurate Financial Recordkeeping Solutions to Help You Manage Your Business
|Business owners and self-employed professionals often find themselves juggling to meet the competing but equally important priorities of maintaining existing client relationships, while also bringing new products or services to market, and keeping close track of finances. We offer the following services to help you with the day-to-day financial management of your business:
|Business Consulting/Management Advisory Services
Helping You to Grow Your Business
|Accounting is at the heart of running a company, since business owners rely on financial statements to determine the financial condition and operating performance of their companies, as well as to plan for future growth, allocate resources, raise capital, and comply with regulations.
In addition to his accounting background, our principal, Jeffrey N. Pelesh, CPA, has previously served as the CFO or Director of a property development company, a manufacturer of electrical equipment, and a NASDAQ-listed pharmaceutical company. Jeff and his associates offer decades of combined experience, and can assist you with:
|Business Startup Assistance
Turning a Great Idea into a Going Concern
|Coming up with an innovative idea for a company or product and spotting a promising market are only the first steps in bringing a business to life. Critical next steps include creating a detailed business plan, developing a brand, performing in-depth market research to validate your business idea, and obtaining financing for your company.
Regardless of their previous experience in launching companies, or the depth of their financial knowledge, many entrepreneurs seek independent business and financial advice throughout the startup process. Our principal, Jeffrey N. Pelesh, CPA, has experience serving as the CFO or Director of several different startup or spin-off companies, including a property development company, a manufacturer of electrical equipment, and a NASDAQ-listed pharmaceutical farm. Jeff and his associates can assist you with all of the following:
|Estate Planning & Administration
Maintaining Businesses and Preserving Value Across Generations
|Without advance planning, the death of the owner or management partner can – and often does – spell the end of even the most successful family business or partnership, as the heirs or surviving partners find themselves struggling to agree on a succession plan, or compelled to sell off business assets in order to pay capital gains taxes or transfer taxes. We can help in the following areas:
Comprehensive Financial and Tax Planning Solutions Intended to Help You to Create Value, Grow Your Business, and Achieve Your Retirement Goals
|Regardless of whether you are running a start-up company bringing new products and services to market, or a long-established family business with a large and loyal customer base, having a financial plan is essential to understanding the factors that contribute to or undermine the profitability of your firm, to realistically assessing your appetite and capacity for risk, and to making the best possible use of available opportunities and resources to consolidate and grow your business. Additionally, it is essential not to overlook the substantial and varied contributions that your business can make to your personal finances and retirement goals. Whether you are seeking to launch an enterprise or planning for the further expansion of your business, we can help you to achieve all of the following:
Helping Your Retail or Wholesale Business to Manage Its Most Important Asset: Inventory
|For many manufacturers and retailers, inventory management is the largest single driver of profitability. Other key factors – such as supply and demand – being equal, the methods used by your company to account for inventory cost and such risks as obsolescence, spoilage, and theft can dramatically affect the reliability of the financial measures that you use to evaluate your company’s performance, as well as the credibility of your company’s financial statements in the eyes of lenders, customers, suppliers, shareholders, and the tax authorities. We offer the following services to help you to optimize the management of your inventory, and to comply with loan covenants and the relevant tax laws:
Payroll Accounting and Tax Solutions for Small and Medium-Sized Businesses
|There are few areas that present a greater day-to-day financial and regulatory burden for most small businesses than payroll. We can assist you in all of the following areas:
|Tax Reporting, Planning & Compliance
Helping You and Your Business to Navigate the Tax System and to Maximize Your Tax Savings
|Given the complex and ever-changing nature of the tax system, understanding the tax ramifications of business and investment decisions and complying with federal, state, and local tax laws is often a challenge for even the most seasoned business owners and executives. We combine decades of insight and experience in the areas of tax planning, reporting, and compliance with a close understanding of current developments in the tax system in offering the following tax-related services:
Helping You to Discover and Leverage the Value of Your Business
|There is a wide range of reasons, both fortunate and otherwise, why businesses or business owners may seek to determine the value of individual assets and liabilities, or of an entire company. These reasons may relate to:
The task of determining the economic value of an asset or of a whole enterprise is often complicated by the multiplicity of available valuation methods, as well as by the lack of ready markets for many types of assets or privately-held investments.
In providing valuation services for our clients, we strive to base our assessments wholly on criteria that all parties to a transaction will accept as objective, transparent, and fair.
|Life & Long-Term Disability Insurance
Life and Disability Solutions for Business Owners and Key Employees
|Without adequate contingency and succession plans in place, the death or long-term disability of a business owner or managing partner can seriously jeopardize, and possibly spell the end for a previously successful partnership or enterprise. Even assuming that the surviving partners or heirs are interested, motivated, and prepared to take over the operation of the business, they may find themselves compelled, in the absence of life insurance, to sell assets of the business in order to buy out other heirs or partners who lack an interest in continuing the enterprise. In addition, creditors may press for the renegotiation or repayment of loans where the deceased owner was a party, putting further strain on the resources and liquidity of the business.
Jeffrey N. Pelesh, CPA, the owner and principal of our firm, is a licensed life insurance agent in Delaware and Pennsylvania, and is also certified as an AICPA Personal Financial Specialist. Jeff can assist you in creating a robust succession plan for your business or partnership, and is also available to answer any questions you may have about obtaining life insurance and long-term disability insurance for shareholders, partners, or key employees of your firm.
|Investment Advisory Services
Personalized Financial Planning Services to Help Business Owners Achieve Their Personal Financial and Retirement Goals
|The range of options available to business owners seeking to create competitive savings, investment, or retirement plans for themselves and their employees can seem bewilderingly broad. Some of the more common investment instruments include mutual funds, exchange-traded funds (ETFs), and annuities, while tax-deferred savings options include traditional, Roth, SIMPLE and SEP IRA plans, as well as 401(k) plans for small businesses or sole proprietors.
Jeffrey N. Pelesh, CPA, the owner and principal of our firm, can help you to create an investment or retirement plan for your business that is grounded on a thorough understanding of all of the following:
Jeff is a financial advisor with Principal Securities, Inc. He holds the Series 7 and 63 licenses, and is also certified as an AICPA Personal Financial Specialist.