Emerging Companies
We're with You Every Step of the Way
The excitement of starting a new business is one of life's greatest pleasures. Clark Nuber has guided dozens of startups from idea to reality and we relish the challenge of helping to bring a new venture to life. Once you're up and running, we can help keep your business on the path to success.
Entity Structuring
What is going to happen down the road is going to drive entity selection now. Factors in the decision include funding sources, exit strategies, or planning to remain a private company. We can help you determine which of these factors are the most important in choosing the type of entity for your company.
Mergers and Acquisitions
If you are considering an acquisition as a potential exit strategy, we can help you prepare now. The accounting and tax consequences to both the seller and buyer of a company are often the drivers in how transactions are structured. We can work with your other advisors to assist in structuring the transaction.
Accounting Policies
Emerging companies need to "get it right" the first time. Accounting policies for revenue recognition, share-based compensation, equity transactions and intangibles, to name a few, are critical to how a company reports progress. Be sure that your company can withstand a challenge to the accounting principles it chooses. This could even include a choice between US GAAP and IFRS.
Financial Statements
Financial statement assurance can be required by banks, capital investors, for the purchase or sale of a business, and by contributors, managers, and boards of directors. Depending on your needs, we offer four different levels of financial statement assurance: audit, review, compilation, or agreed upon procedure.
When should the board or investors insist on an audit? All companies should have a system of checks and balances in place over financial matters, whether an audit is performed or not. Click here to answer critical questions for all boards to address. If the answers to any one or several of the questions leave the board or investors feeling uneasy about the ability to oversee the organization, an audit of the financial statements may be indicated.
Accounting for Income Tax
Our professionals are well versed in the nuances of income tax accounting. We provide a wide range of tax services, including the preparation and review of tax provision calculations. In addition, we can assist you with tax uncertainties documentation.
State and Local Taxes
Emerging companies can sometimes take advantage of sales and use tax incentives to avoid paying sales tax on equipment and construction costs. In addition, if your company plans on doing business in more than one state we can help you with multi-state tax planning.
International
We provide assistance with international issues, including foreign ownership of U.S. businesses, U.S. tax consequences of doing business abroad, and tax treaties. We also have strategic relationships with affiliated accounting firms around the world to help you deal with the tax laws in other countries.
We are members of the Alliance of Angels (AoA) which supports the growth of young companies by facilitating more efficient access to capital and advancing entrepreneur and investor education.