Industry Niches
All of our clients operate within unique environments, and each one brings its own set of challenges and opportunities. With over a century of combined experience, WhippleWood CPAs possesses the knowledge necessary to help companies thrive in a broad range of industries. Our work experience spans a number of key markets, including:
McDonald’s Franchisees | Dentist/Health Care Practitioners | Not-For-Profit Organizations
Independent Auto Dealers | Construction Industry | Real Estate Industry
McDonald's Franchisees
We have assisted many McDonald's franchisees achieve success over the years. We understand the complex tax issues of this unique line of business, as well as the financial reporting requirements of the franchisor. WhippleWood CPAs has consulted with numerous franchisees involved in the process of buying and selling restaurants to position them to maximize value and minimize tax consequences. We understand the value drivers in this business and the tax ramifications of buy/sell transactions.
• Company-specific key ratio analysis
• Three-year and five-year strategic business planning
• Cash flow projection and historical analysis
• Payroll services
• Systems development, including internal control procedures, accounting
and budgetary systems
• Tax compliance and planning
• New store rebuild analysis and examination of cashflow management
• Initial entity structure, including multiple entities and tax-efficient strategies
• Appropriate financing structure
• Management reporting packages for both franchisee operations and
company-owned store operations
• Corporate acquisitions related to franchise operations and reporting
• Financial audits and reviews
Please contact us for additional information.
Dentists/Health Care Practitioners
Health care professionals often face challenges that are unique to the industry. Whether you are a small start-up operation or a large established group, we apply our experience and resources to bring you service-centered solutions that are customized to meet your goals. We help you identify opportunities to increase profitability, cash flow and business value. Our professionals can provide you with the following services:
• Financial statement preparation and dashboard analysis
• Debt management and analysis
• Accounting support and bookkeeping services
• Tax preparation
• QuickBooksTM training
• Internal controls and fraud prevention
• Cash flow projections and planning
• Tax planning strategies
Please contact us for additional information.
Not-For-Profit Organizations
Nonprofit organizations do not always measure success the way other businesses do. Their goals are different – social service, cultural benefits and number of people served. WhippleWood CPAs has a team that helps nonprofit organizations manage themselves, grow and stay at peak performance. Our focus is to find creative, yet focused ways to help you achieve your organization’s missions and goals. Our business advisors provide insight for a variety of nonprofit entities, including trade associations and foundations, as well as organizations involved with health care, health and human services, religion, education and cultural arts.
We assist nonprofit leaders with decision-making in complex business operating areas, including:
• Organizational development
• Development of a financial operating structure
• Minimizing unrelated business taxable income
• Systems development, including internal control procedures,
accounting and budgetary systems
• Cash flow management
• Design of financial reporting formats for effective management
• Long- and short-term financing
Please contact us for additional information.
Independent Auto Dealers
WhippleWood CPAs has been providing professional services to auto dealerships for more than 10 years. We have the experience necessary to help these businesses and their owners with their accounting, tax and financial management needs. Our firm offers monthly accounting services, assistance with the preparation of financial statements, tax planning and consulting on working capital needs. We are especially familiar with the requirements of the automobile industry.
• Systems development, including internal control procedures, accounting
and budgetary systems
• Tax compliance and planning
• Financial audits and reviews
• Succession planning for family businesses
• Financial and estate planning
• Payroll services
• Cash flow and budgeting analysis
• Receivables management
• Productivity improvement
• Buy Here/Pay Here - tax savings and financial strategies
Please contact us for additional information.
Construction Industry
Construction projects are driven by the details – whether you are a general contractor, subcontractor, architectural firm, developer or engineering firm. Managing the risks and complexity in this industry is a daily challenge.
We have a thorough understanding of the highly competitive and demanding concerns of project management, state and local regulations, bonding and surety relationships, tax compliance, job cost estimation and accumulation, and percentage-of-completion accounting.
WhippleWood CPAs uses a team approach to deliver solutions that meet your company’s goals. We offer services that include auditing your financial statements, tax consulting, internal control studies and evaluation, forensic accounting, due diligence and management succession. Count on our professionals to help you build a strong foundation.
• Systems development, including internal control procedures, accounting
and budgetary systems
• Tax compliance and planning
• Financial statement audits and reviews
• Payroll services
• Cash flow and budgeting analysis
• Profit improvement
Please contact us for additional information.
Real Estate Industry
The volatility in the real estate industry highlights the importance of managing cash flow, developing innovative tax strategies, and evaluating potential acquisitions and dispositions. Our professionals have the expertise to assist you in resolving these issues. Our clients include building owners, property managers, agents/brokers, builders and developers.
WhippleWood CPAs uses a team approach to deliver solutions that meet your company's goals. We offer services that include:
• Systems development, including internal control procedures, accounting
and budgetary systems
• Tax compliance and planning
• Financial statement audits and reviews
• Estate planning
• Bank financing
• Long-range and strategic planning
• Cash flow and budgeting analysis
• Payroll services
Please contact us for additional information.
Distribution Industry
The distribution industry is the backbone of the nation’s economy and an important factor in all major sectors of the U.S. economy, ranging from basic commodities to advanced components. Distribution companies are faced with a broad range of operational and regulatory challenges including supply chain relationships, product safety issues, health and safety concerns and labor issues.
During recent periods, distributors have had to address the needs of fundamentally different customers and supply chains. To ensure survival, distribution companies have had to become adept to responding at a record pace to their customers needs, facing tighter delivery requirements and cost restrictions. As distributors continue to find profitable and stable business lines, there has been a focus on reforming internal operations to gain better controls and increased productivity.
The challenges facing distributors include accounting, tax and operational issues. WhippleWood CPAs uses a team approach to deliver solutions that meet your company’s goals. We offer services that include auditing your financial statements, tax consulting, internal control studies and evaluation, forensic accounting, due diligence and management succession.
• Long-range and strategic planning
• Succession planning for family businesses
• Business valuations
• Estate planning
• Structuring organizations
• Systems development, including internal control procedures, accounting
and budgetary systems
• Profit improvement
• Cash flow management
• Receivables management
• Productivity improvement
• Bank financing
• Design and implementation of computer systems, or maximization of an
existing system
• Tax compliance and planning
• Financial statement audits and reviews
Please contact us for additional information.
Hospitality Providers
In today’s competitive consumer marketplace, restaurants, hotels and related leisure-oriented companies are under constant pressure to improve profitability, increase sales, control costs and achieve greater operational and technological efficiency. Planning becomes more challenging with significant fluctuations in the economy, yet is crucial to staying competitive and profitable.
We realize that success in today’s marketplace depends on top-line growth and effective cost management. We understand the qualities inherent to your business and can help you plan accordingly. WhippleWood CPAs can help your business thrive in a changing and competitive environment. We offer strategies and recommendations related to cash flow planning and budgeting, cost segregation studies, internal financial controls, financial management practices and tax planning. WhippleWood CPAs uses a team approach to deliver solutions that meet your company’s goals. Count on our professionals to help you develop the recipe for success.
• Systems development, including internal control procedures, accounting
and budgetary systems
• Tax compliance and planning
• Financial audits and reviews of hotel and resort condominium properties
• Analysis of food and beverage operations
• Financial projections and feasibility studies
• Payroll services
• Cash flow and budgeting analysis
• Profit improvement
Please contact us for additional information.
