Our Financial Foundations ProcessSM

Through decades of professional experience, we have learned that businesses that have
experienced sustained success have strong financial foundations. 

​Financial foundations are built in three areas shown below:

1: Structure

Evaluating and selecting the right business entity and tax elections for a company can seem confusing. Filing the paperwork takes that confusion to the next level. However, these decisions will have a meaningful and lasting impact on your company from taxes to the ability to bring on investors. Operating agreements are legally binding documents that outline how a business’ operations are to be conducted.  

  • Organization and Formation
  • Tax Exemption & Compliance
  • Shareholder Agreements
  • Operating Agreements​

2: Systems & Reporting

​Successful businesses know their numbers. The first step in knowing your numbers is having the right systems and processes in place to collect and report on the financials. Internal controls, audits, and governance all help to ensure that the company’s financials are being run and managed properly and with integrity.

  • Accounting Platforms
  • Governance
  • Audits and Assurance
  • Risk Assessments and Internal Controls 
  • 10K/10Q preparation 
  • Financial Reporting Processes

3: Strategy

A detailed financial strategy is your road map for achieving sustained success.  A good financial strategy will help you understand what is necessary for your business to achieve its financial goals.  

  • Tax Advisory 
  • Tax Compliance 
  • Forecasts, Projections, and Pro Formas
  • Capital Raise Guidance
  • Due Diligence

Areas of expertise

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Strategic Planning

Strategic Financial Planning is the backbone of your business’ financial success.  We start by helping you select the right accounting systems based on your company’s needs. 

​We will work with your team to put the processes in place to ensure accurate and consistent financial reporting.  Finally, we work with you and your executives to develop financial forecasts and projections based on your strategic goals. ​

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Audit & Assurance

Businesses with investors, lenders, or boards of directors often times need independent financial audits performed as part of their financial reporting process.

We work closely with your team and provide you with the clear documentation necessary to show that your financial reports accurately represent your business.  

We can also assist with risk management services, internal controls, and 10K and 10Q preparation.

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Tax Advisory

Creating effective tax strategies takes extensive planning and consideration.  At KFE, we work with business owners to create tax strategies that will mitigate tax obligations.  Unlike other firms that only work with you at tax time, we are available throughout the year to answer your questions and assist in your long-term planning. 
 
We can also help with business succession planning, sales tax collection and reporting, and business entity formations.

"KFE really helped me understand all my options when I moved to a new business structure after the growth of my company. Mike and his team made the process effortless and kept me informed every step of the way. They also saved me over $20,000 in taxes in my very first year!"