Experience

Beverage Company (New York, NY)

• Retained to prepare tax returns and provide consulting
• Advised on opening of production facility and assisted in obtaining tax credits from NYC
• Advised on entity structure for new wholesale operations
• Assisted company with conversion to GAAP reporting and guided them on first formal financial statements
• Advised on employment contract for new COO
• Provided recommendations and assisted company in obtaining enhanced bank financing
• Assisted with developing Key Performance Indicators for their business
• Consulted on overall sale strategy
• Company received an offer from large natural food company
• Assisted with due diligence process
• Consulted on tax structure of proposed sale and contributed to goal of closing
• Handled tax work for co-founders including post transaction to date
• Provided post-closing consulting in relation to earn-out provisions of sale resulting in additional proceeds to sellers

Organic Food Company (New York, NY)

• Retained to provide consulting services: monthly financial reporting, internal accounting controls, revenue recognition, cash flows, operational efficiencies
• Assisted with developing Key Performance Indicators for their business
• Conducted successful search for corporate controller
• Advised to complete an opening balance sheet audit in contemplation of a potential transaction
• Company received an offer from a major multi-national food company
• Completed audit on an accelerated basis as audited financial statements were necessary to close the transaction
• Consulted on tax structure of the transaction and tax treatment of stock-based compensation/stock options and warrants
• Assisted with diligence process
• Owners of company continue in C-Suite Level positions in the company
• Maintain an ongoing advisory relationship with the clien

Supermarket (New York, NY)

• Retained to audit the company’s semi-annual and annual financial statements and tax returns
• Assisted management in the analysis and negotiations of several major long-term supplier agreements that had a significant impact on future operating performance
• Consulted with the Board and executive management on the structure and substance of deferred compensation arrangements with key executives
• Performed financial analysis and due diligence procedures with respect to various potential acquisitions
• Advised management on the structuring of a new business entity that will generate significant accretive income
• Conducted the successful search for a corporate controller
• Performed a formal review of internal controls of disbursements and made recommendations for improvement to management and the Board
• Assisted management in analyzing and negotiating line of credit and equipment financing arrangements with banks
• Recommended and worked with a consultant to restructure the insurance program resulting in substantial cost savings
• Consulted on various financial, tax and business matters occurring throughout the year

Restaurant (New York, NY)

• Retained to prepare tax return, provide tax advice, assist in “clean up” of accounting records and provide ongoing input into operational improvements
• Assisted in structuring of new restaurant opened with different partners in different state
• Brought them into compliance by entering them into NYC Voluntary Disclosure program
• Successfully handled ongoing sales tax examination reducing liability substantially from original assessment of over $1 million
• Advised on proper corporate structure for new national concept to provide scalability
• Improved tips management and compliance at minimal cost
• Reviewed existing partnership agreement and advised on improved and more equitable allocation model