Regardless of your business size or situation, Alliant Advisors has the people and experience to help you with the services you need.

Getting the Accounting Direction that Works Best for You
- Questions to Consider:

Accounting Direction means going beyond one-size-fits-all solutions in order to find the solution that works best for your business and its unique needs. At Alliant Advisors, we begin our process of discovery by asking owners the following kinds of questions that are designed to identify their top goals and concerns:

Would you like/do you need to:

• Establish some personal goals with regard to your business?
• Improve the way you manage your business?
• Improve the management reporting in your business?
• Develop a better management team?
• Plan for succession of your business to the next generation?

Once we learn more, we ask some of the following questions to address more specialized needs:

1. Does your succession plan include giving your business to your heirs?
2. Have you considered a formal gifting program to help minimize estate taxes?
3. Have you considered taking on a partner, or are you trying to buy out a partner?
4. Would you like to know how much your business is worth now, and how to make it more valuable?
5. Are you thinking about selling your business or expanding by buying a competitor? How do you know what the “right price” is?

On a more practical level, many owners are concerned with nuts-and-bolts issues we can identify through the following questions in the areas of accounting techniques and compliance:

1. I’m just starting my business. What do I need to do to get started?
2. I’d like to do my bookkeeping through my computer. What program should I use, and how do I set it up?
3. Cash vs. Accrual Accounting – what’s the difference, and which do I choose?
4. What about all the tax reporting requirements – what are they, and how do I comply with them?
5. What do I need to show my banker so I can get a loan?
6. What information do I need to better run my business?
7. Am I paying too much in taxes?

Accounting Direction Services

1. Accounting and Record Keeping Services
2. Preparation of Financial Statements
3. Business Valuation Services

1. Our Accounting and Record Keeping Services include the following:

• Review and adjustment of your bookkeeping records
• Accounting system setup using QuickBooks© or other systems
• After-the-fact accounting using our proprietary systems

2. Preparation of Financial Statements using our Enhanced Reporting Package:

• Internal or external
• Monthly, quarterly, annual or as-needed
• Compilation or review
• Limited or full disclosure
• Cash or accrual

3. Our Business Valuation Services are invaluable for people who are considering buying or selling a business. These business valuation services fall into three different levels of service. They are:

1. Full Tax Report: Complete financial, economic and industry analysis, including a report that meets IRS guidelines for attachment to the following tax returns:
• Form 706 Gift Tax Return
• Form 709 Estate Tax Return
• Form 1041 Fiduciary Tax Return
2. Executive Summary Report: Complete financial and basic economic and industry analysis, including an executive summary letter, outlining the process and valuation conclusion. Perfect for:
• Value Benchmarking
• Buy/Sell Agreements
• Succession Planning
• Strategic Planning
• Marital Dissolution
3. Value Estimate: Limited financial analysis using the most common rules of thumb to determine an estimate for pricing a business for sale.