Advisory, Audit & Aussurance, Consulting, and Tax

Business Consulting Services

Our consulting services focus on our clients’ most critical issues and their business opportunities: management, corporate finance, strategy, marketing, mergers & acquisitions, and more.  The most successful organizations prepare for the worst while gaining an edge that will make them smarter, faster, and more successful than their competitors.

To deliver effective solutions, Kim & Lee’s consulting services bring deep and functional expertise – in Management Consulting, Financial Advisory, and HR Consulting.

Management Consulting

Solving Business Problems

Many small business owners struggle with all the aspects of running a business. From improving operations to reducing costs to obtaining financing, there are many factors that can impact your company’s growth. You are juggling many balls as you manage your business today while also preparing it for the future.

Turn to us for help making better and more knowledgeable decisions. As a growing small business ourselves, we know firsthand the magnitude of decisions you make on a daily basis. By taking time to understand the uniqueness of your business and your situation, we can give you spot-on management advice. We have helped businesses from a variety of industries solve problems and implement solutions; we’re experienced with every facet of growth.

Management consulting services we provide include:

  • Compile or organize financial records
  • Computer system selection, set-up and training
  • Financing & credit consulting
  • Forecasting
  • Buy-sell agreements
  • Family business issues
  • Internal audit
  • Human resource consulting
  • CFO services

Financial Advisory

Assisting with Financial Transactions

A business has to make financial decisions regularly. Some of them have bigger ramifications. For example, selling your business, acquiring a business or restructuring you business can drastically impact its value. You may face significant tax implications, too.
By combining our financial and business management experience, we work to help you understand all your options and potential exposure. We provide the clarity you need to make comprehensive decisions throughout every stage of your business.

Our financial advisory services include:

Business valuation

There are many transactions that take place that require you have a business valuation. We perform valuations for gift and estate planning, buy/sell agreements, stock valuations, mergers and acquisitions and much more. We understand the sensitivity around the reason you need a valuation; therefore, focus on determining the value with complete accuracy.

Mergers & Acquisitions

Completing a deal requires the assistance of numerous professionals. We help you organize and coordinate the whole process. In addition, we can assist with due diligence, business valuation, organizational structure and calculating the financial and tax impact of the deal.

Succession planning

There are many reasons people are looking to transition their business, with retirement being at the top of that list. There are a handful of ways you can exit your business, and we can help walk you through those options and help you find ways to maximize the sale.

HR Consulting

Because Personnel Matters

Human resources is more than hiring, training, and managing employees.
Managing personnel is time-consuming. And as your business grows and changes, your human resources compliance needs to change, too. You’re busy running the business, and you need someone you can rely on to manage your most valuable asset: your employees. While we leave the day-to-day supervising to you, we can be your human resources consulting partner, helping you adjust to changing compliance regulations, field questions about operations management and more.

Our HR Consulting services include:

  • Organizational structure
  • Personnel compliance, including employee handbooks and state/federal regulations
  • Benefits packages
  • Executive recruiting
  • Technology and software, including payroll and time management
  • Administrative audits and employee surveys
  • Employee agreements and contracts
  • New hire orientation
  • Termination process management

Tax Compliance

Stay ahead of the curve when it comes to personnel-related tax incentives or penalties. We can help ensure you’re taking out the appropriate employee taxes for Social Security, payroll and retirement. Avoid any surprises with the Department of Labor’s overtime rules or compliance with the Affordable Care Act. Plus, did you know there are tax benefits for hiring and retaining certain types of workers, such as veterans? We can help you identify these opportunities and take care of the tax filings.
Your business cannot succeed if you can’t recruit and retain top talent. Talk to one of our HR consulting specialists today so wee how we can help.

Estate Planning

Planning Ahead for What Matters Most

Anticipating your needs 10, 20, or 30 years ahead can be challenging: how your account for future income, lifestyle changes, healthcare and inheritance matters, and knowing which questions to ask to get you there is the tricky part. The biggest mistake you can make is not doing anything.

We have helped countless clients put their long-term plans into action now. Securing your legacy is our top priority. We can help you manage:

  • Gift taxes
  • Estate taxes
  • Trusts and wills
  • Fiduciary responsibilities
  • Retirement account planning
  • Charitable giving
  • Succession planning
  • Federal and state tax returns

Tax compliance

Estate planning means keeping up with changing laws and regulations governing asset exclusion limits, tax rates, and available credits and deductions. Use gift planning to limit the taxable assets in your estate now, pass down wealth with limited fees and maintain liquidity for the future. Or establish a living trust to safeguard long-term assets and avoid probate after your death. Charitable giving can also be a great way to distribute assets to a worthy cause while enjoying tax deductions. Whatever strategy is best for you, we can put the plan into place now.

Succession planning

If you own part of all of a business, ensuring your business interests are protected and passed down appropriately can be challenging. By starting the exit planning process now, you can rest easy knowing the future of your business is secure and your family’s interests are protected. Whatever your goal—selling the business, transferring ownership or something else—we can help you get there.

Planning for the future doesn’t have to be intimidating with the right financial partner. Contact us today to begin a conversation about your future.