Business Advisory Services in Charleston & Morgantown, WV
Many business owners need to seek advice or obtain services from a trusted professional to resolve a complex matter or ongoing transition. Our firm often assists a diverse client base with these issues.
Some of the services we offer are listed below:
Business Entity Selection
Your business entity has a large impact on your taxes and other liabilities. From your company’s inception through its growth and development, Gray, Griffith & Mays can advise you on choosing an entity type and later restricting if advantageous. With our knowledge and expertise, you will always be advised of the most advantageous entity type for the functions your business performs.
We assist management team with long and short term challenges throughout the life cycle of their business. We have helped people start up their business and also help them transition out of their business. Our team of experienced professionals can partner with your management team and help you reach your goals.
Whether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. Our team of certified valuation analysts and certified public accountants can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest. Our team will work with you to determine if a full-blown valuation is necessary or if there is a better cost-effective solution.
Business Succession and Acquisition Services
Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.
Cash Flow & Budgeting Analysis
Good cash management can improve a company’s liquidy, reduce costs, and increase profitability. We can help your business better understand and maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly.
Financial Forecasts & Projections
No one has a crystal ball when it comes to future financial performance or challenges, but the professionals at Gray Griffith & Mays combine expertise and experience with our thorough understanding of your business to produce financial projections that can help manage your business plan and spending.
Executive Recruiting and Development
Finding the right person to be a member of your executive team can be challenging. Our firm can help you find, recruit and develop the right person for your organization.
If you own a family business, retirement can be a complex process. The family dynamic often complicates the transition from owner to retiree. Developing and implementing a well-designed succession plan is essential to the survival of a family business form one general to the next. Our team of experienced professionals can help you put together an effective succession plan that will make this transition fair, reduce the tax consequences, and ensure that your business will continue to be successful when you are gone.