Strengthening your business | KPMG | TN

Strengthening & Transitioning your business

Strengthening & Transitioning your business

Drive your business to efficiently outperform in today’s fast-paced economy.

Drive your business to efficiently outperform in today’s fast-paced economy.

In today's fast paced economy, it's all about driving peak performance. KPMG  advisers are dedicated to helping you lower your risks, strengthen your operations, and create an effective plan of action. We know what it takes to win - and are committed to helping you get there.

Cash and working capital management

When it comes to business costs, many entrepreneurs have challenges understanding their working capital requirements and how they can align their operations in order to maximize cash and reduce debt costs. You may not realize there are tools and processes that can help you manage your working capital far more effectively than ever before.

KPMG  advisers working in member firms around the world can work with you to understand and forecast your cash flow streams, optimize your processes, and develop reporting policies to support and encourage better cash management. KPMG firms can also help facilitate training and skills transfer so any improvements can be sustained within your organization.

Assurance

The need for effective risk management and controls is crucial in an environment of increased scrutiny. It is important to minimize these risks in an entrepreneurial business, not only for the business itself, but also for the family, property holdings and capital. Implementing controls, securing new financing, efficient tax management and optimization can all have a positive impact on the bottom line of your business.

Fraud risk management

Fraud, corporate crime, commercial disputes and litigation: any of these can negatively impact your reputation and undermine your stakeholders’ confidence. Regardless of your size, you should understand your key risks and have plans in place for mitigation.

KPMG advisers can use investigative techniques, specialized technologies and forensic accounting to help you prevent and resolve disputes. If an incident has occurred, we can conduct national and international investigations to help preserve evidence, assist with recoveries and lay a foundation for action. During a litigation or commercial dispute, we can also provide independent and objective analysis of any accounting and financial issues involved.

International executive services

Whether you’re sending employees on international business travel or multi-year expatriate assignments – proper tax planning, compliance services and technology tools can help you operate more efficiently and reduce assignment tax costs. To do this, you need to know the tax opportunities and challenges of working in different countries. Non-compliance can result in costly penalties and unrecorded liabilities.

KPMG advisers across KPMG firms can work with you to develop tax programs that support your strategy while complying with local tax rules. They can also help review your current programs to improve your tax efficiency and give you straightforward answers on the tax implications of international work your employees do.

Succession planning

When it comes to running a business, the toughest decisions can be around succession. As an owner-manager, you want to make the right choices, for your business – and your family. Starting early is critical for a smooth transition. By making decisions and developing transition timelines, you can avoid conflict and build the support and buy-in your successor will need.

KPMG professionals can help you manage the sensitivities that come with succession and provide confidential advice on the implications of any decisions your family might make. When the time comes, we can also help your successor take on his or her new role.

Selling your business

Deciding to sell your business can be difficult. You’ve put your life into your work and want to get the value you deserve. But realizing value can be challenging. How can you make your organization attractive and find the right buyer?

KPMG advisers understand how important this decision is and can help you get the most out of the process. KPMG  can help define your expectations and identify and prioritize potential buyers. Our professionals can also help you make sure that your business is in shape for a sale, evaluate offers, manage due diligence procedures and supervise the transaction.

You’ve spent years building your business. Let us help you get the most out of selling it.

 

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