Advisory Services

Plan Preparation

Kimmel Consulting LLC can assist you with the preparation of a complete business plan. With your input we will prepare all of the components of the business plan including such items as: business vision/mission, business goals/values, business description, management team, product strategy, market analysis, and etc.

Financial Forecasts & Projections

Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, Kimmel Consulting LLC's experienced staff can assist you in achieving your company's / personal financial goals.

Bank Financing Representation

If your business plan is for financing purposes, Kimmel Consulting LLC will assist you with the preparation of a bank presentation and will accompany you on your bank presentation. We can also assist you in reviewing the various bank proposals received to help you determine the one that meets your needs the best.

Kimmel Consulting LLC is a business valuation provider assisting Attorneys, Brokers, Consultants and Business Owners with professional business valuation services. We have performed business valuations for privately held companies in a wide array of industries including:

• Business Services
• Manufacturing
• Distribution
• Retail Construction

Our business valuations are prepared for a variety of purposes including: estate planning, business sales or mergers, gifting, partner or shareholder buy-outs, divorce settlements and financing. Our valuations stand up to legal scrutiny, and when appropriate, conform to IRS Revenue Ruling 59-60. In addition to business valuation services, we offer related litigation support and expert witness services.

Kimmel Consulting LLC has performed numerous cost segregation studies which have resulted in significant tax savings for clients. Whether you have purchased an existing facility or constructed a building from the ground up. Owning real estate represents a significant investment for any business or investor.

Cost segregation is a tax deferral strategy that enables you to effectively frontload depreciation deductions into the early years of ownership. This is accomplished by segregating the components of the facility into the allowable asset classifications and recovery periods for federal and state income tax purposes. The end result is significantly shorter lives for many of the facilities' components. The shorter lives allows the component's cost to be recovered over a 5, 7, or 10 year period rather than the 39-year life for commercial and 27.5 year life for residential properties. The shorter tax lives results in lower taxes in the early years which results in higher cash flow.

Completing a merger or acquisition requires you to make many strategic decisions. The importance of developing a thorough strategy cannot be overstated. Kimmel Consulting LLC has the experience to support companies through many of the aspects of a merger and acquisition including:

• Due diligence analysis
• Evaluating assets of acquired companies
• Advising on proper accounting methods & adjustments
• Reviewing and advising on acquisition agreements
• Creating pro forma financial statements for combined entities
• Coordinating the complex nature of combining accounting and administrative support
• Advising on tax planning opportunities
• Consulting on business valuation and purchase price
• Working with attorneys, bankers and venture capitalists

The due diligence process should be comprehensive. It is in both the buyer's and seller's best interest to complete due diligence in order to avoid disputes later.

If you are thinking of acquiring a private company, make sure your decision is based on thorough due diligence, realistic financial projections, focused post-acquisition business and integration plans and sound valuation analyses.

We are committed to providing you with financial advice throughout the transaction that will improve your odds for success.

At Kimmel Consulting LLC, we listen to our clients and help them to identify their goals. Once these goals are established, we help our clients develop and implement individual estate plans.

The state and federal tax laws provide a significant incentive to individuals of all income levels to consider the need for effective estate planning. In a business context, this also includes advance planning for the orderly transition of the management and ownership of the business. Your estate can include:

• Bank and money market accounts
• Investments
• Retirement benefits from employers
• Personal residence and other real estate
• IRAs
• Insurance policies
• Collectibles
• Personal belongings

These assets need to be protected by a well designed and implemented estate plan. An untimely death coupled with inadequate planning can create a complicated probate process, massive tax implications and significant loss of wealth. Sometimes relatively simple changes can result in substantial tax savings.

We work closely with our clients and their attorneys, insurance and investment advisors, bank trust officers, etc. We review our clients' existing wills and trust documents and offer suggestions for changes to help clients achieve their goals and minimize income and estate taxes for their family members.

Structure

Kimmel Consulting LLC can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.Choosing the type of entity for your business (e.g.”S” corporation, sole proprietor, Limited Liability Company) is a critical decision that can have significant long lasting tax implications, positive or negative.

Formation

After selecting the form of entity of your business, we can assist you with the formation of the selected entity. We can assist you with the preparation or review the forms that you have prepared yourself or have had prepared for filing with the various taxing authorities. We can assist you with filing any elections and obtaining the appropriate taxpayer identification numbers from the tax authorities.

Owner Compensation

Kimmel Consulting LLC will work with you to analyze the services that the owners are providing to determine a reasonable salary for their services. Business owners wear different hats, we can blend the various responsibilities to help establish a reasonable salary.

No one can predict the future perfectly, but we can all benefit from planning for it. Kimmel Consulting LLC combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.

In the ever-changing and often confusing world of benefits administration, Kimmel Consulting LLC is committed to helping clients choose solutions that make sense, get results, and maximize employee satisfaction.

Our services include:

• Employee Benefits Plan Design & Analysis
• Employee Benefits Administration Solutions
• Annual Accountings
• Compliance Maintenance
  • ERISA, Federal and State requirements
  • Legislative impact studies
  • Form 5500 preparation
  • Schedule A form preparation
  • Summary Annual Reports/ Summary Material Modifications
• Employee Benefits Plan Communication

Kimmel Consulting LLC litigation support and forensic accounting services can be employed in a wide range of situations, including commercial litigation, financial investigations, business valuations, business and marital dissolutions, and bankruptcies. These services can involve quantification of economic loss or damages, analysis of financial records, and fraud and theft investigation. Financial and personal records are often vast and confusing to sort through. With our professional training in this matter, we can make sense of these records and transactions and get to your bottom line.