As a business owner, you face important financial decisions. From minimizing taxes to setting up business processes and choosing the right software, the choices can be overwhelming. That’s why you need a trusted business advisor like L&Y Tax Advisors, LLC.
With our Business Advisory Services and CFO Advisory Services, we provide personalized guidance to turn your vision into a profitable business. We help you limit tax liabilities and manage your finances effectively. our team sets up accurate bookkeeping systems, so you always have a clear picture of your financial standing. Trust L&Y Tax Advisors, LLC to be your reliable partner in making informed decisions for your business. Let us help you succeed in the complex world of business finance.
Our Business Advisory services also design a tax strategy that aligns with your long-term business goals and allows you to keep more of your profits.
When you reach out to us for guidance, we'll become your financial partner for the life of your business. As your business develops, we'll adapt our tax, bookkeeping and advisory services to encompass your changing needs and provide sound advice to direct you down the right financial path.
We tailor our services to your specific needs, providing you with ongoing proactive tax planning strategies, review of your books, tax, and compliance reporting, help with bank and credit card reconciliations, financial statements preparation and help with QuickBooks and professional bookkeeping services.
We educate you on how to read your financials, about business best practices, about the tax implications of your business decisions, so that you avoid potential tax traps that you might not be aware of.
We will enhance your business with strategic business decisions that in align with your goals. Additionally, we will assist with the following:
CFOs must proactively incorporate strong risk policies and compliance methods into their financial operations. This entails strengthening internal controls to reduce operational and monetary risks, improving audit preparation through ongoing monitoring, and coordinating financial controls with new legislation.
The finance department becomes the primary source of business risk insight by implementing scenario-based stress testing and real-time compliance dashboards.
In addition to protecting against legislative vulnerability, this approach increases the finance leader’s strategic impact across all business areas by empowering CFOs to advise the board and executive team confidently.
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As businesses expand, CFOs are becoming increasingly important contacts for lenders, investors, and strategic partners. Building stakeholder confidence and obtaining long-term financing opportunities requires bolstering investor relations through:
Creating a thorough CFO succession plan includes:
By creating this plan, the company may sustain momentum and credibility amid leadership changes, improve organizational resilience, and guarantee continuity of financial management.
CFO advisory is past spreadsheets, but it is incorporating automation and data implementations to grow with your business. L&Y Tax Advisors ensures that the errors of manual processing are minimized and that the closing month-end cycles are shortened through the implementation of cloud accounting, built-in ERP links, automated AR/AP processes, and instant KPI dashboards. We create rolling forecasts and scenario models to enable you to test pricing, cash-flow shocks, or capital raises prior to their occurrence.
Alerts are automated to identify transactions that are out-of-character and accounts payable to enhance collections and working capital. In the case of expanding firms, this technology-based first model builds repeatable systems, eases audits, and boosts investor and lender trust with periodic and verifiable statements. We also offer practical training and documentation so that your employees can own the systems rather than simply depend on the consultants to ensure that it remains resilient and flexible as long as your business needs to be. Also, read more about “What is CFO services?” here!
A good CFO and business guidance relationship is more than just accounting on a regular basis; it provides the strategic thinking that drives the growth process. At L&Y Tax Advisors, LLC, we assist business owners in deciphering financial information in a manner that is able to leads to effective decision making. This involves looking at the drivers of profitability, where you can find cost-reduction opportunities, and finding the financial trends that can make scaling hard. We transform raw numbers into actionable insights to give you the visibility to plan the future with self-confidence.
Our advisory team is also useful in capital planning and optimization of cash flow, which is essential in growing businesses. We assist you in analyzing risks, estimating returns, and making decisions that can consolidate your financial standing, whether you are about to become larger, find financing, or make a big investment. The expert advice will help you to avoid the traps that are usually found in over-leveraging, ineffective allocation of resources, or inefficient spending.
We also assist you in the development of performance measurement systems that are congruent with your business objectives. This involves the setting of KPIs, industry benchmarking, and real-time monitoring of financial health. These applications enable entrepreneurs to monitor the progress, hold them accountable, and make changes in advance. Your business will enjoy not just stability, but a map on how to be successful in the long run with a well-established financial advisory structure.
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L&Y Tax Advisors, LLC, our CFO, and Business Advisory Services look beyond bean counting to provide the strategic planning necessary for companies on the rise. We look at the entire picture from all four corners in an effort to build a solid base for you, focusing on efficiency of operation, cash-flow patterns, trends of profitability, and long-term tax exposure. Our work guides you to those financial levers that drive your results, so you can make decisions with confidence.
We also assist business owners in creating scalable financial architecture; enhancing the efficiency of processes that are internal to your organization and introducing reporting systems designed to keep you one step ahead of risk. Whether you are planning to grow, looking for external funding, or always wanting to be able to work efficiently daily, our consultancy team will help keep you compliant, agile, and successful.
With L&Y Tax Advisors, LLC as your financial professional, you get more than a tax planner; you get an ally with the knowledge and resources to help your business thrive and keep it on track for stability for future growth. Our future-focused financial plans allow you to operate efficiently now while setting your business up for profitable growth later.
Read more: What is advisory services?