Business Advisory Services

business advisory services

We’ve long said that numbers are just the beginning. Think about it: Traditional accounting services are rear-facing. They’re based on reacting to events that already happened, rather than looking forward in real time and being proactive to influence the numbers in your favor.

That’s why every Magone & Company client engagement begins with our Business Advisory Services. Our team invests the time to learn about how your business functions, your goals and ambitions, and the levers with the most impact on your growth and success.

Rather than simply executing on historical data — your typical accounting, tax preparation and audit services — we’re here to optimize your business. Helping you grow and be successful makes our firm successful.

In two to six advisory sessions, we work together to develop an overarching tax and accounting strategy and implement best practices, which serve as a roadmap for business decision-making moving forward. We then move into the maintenance phase of our services, where the Magone & Company team oversees execution of accounting and tax work to keep your business on track.

Business Advisory Services

By pairing our technical accounting and tax expertise with operational savvy and business acumen, Magone & Company’s Business Advisory Services are structured to create value, build wealth and foster long-lasting relationships.

  • Entity structure planning
  • Income strategies
  • Incentive compensation plans
  • Due diligence
  • Compensation benchmarking
  • Industry benchmarking
  • Best practices for a foreign-owned business
  • Tax efficiency analysis
  • State nexus tax studies
  • Succession planning
  • Fringe benefit planning
  • Budgeting
  • Cash flow
  • Bank financing

We recognize that our approach is unique and may not be a fit for everyone. If you’re a proactive business owner who wants to take control of your financial life and have a vision for where you want to take your business, call us at 973-301-2300 now or request a free consultation through our website.