Friends, Phillip and Donny purchased a Real Estate Agency in 2007.
The business structure in place was not tax effective and put them at legal and financial risk.
Phillip and Donny engaged Femia Accountants in May 2012.
WORKING WITH DAVID FEMIA, THE FIRM RECOMMENDED THE FOLLOWING ACTIVITIES:
- Restructured business to a more tax effective structure with an emphasis on asset production
- Conduct of quarterly meetings to analyze and monitor business, as well as apply and plan strategic directions
- Cash flow budgets and monitoring of actual vs budgeted cash flow