Financial Crisis Planning

The FINANCIAL CRISIS in America

Nelson, Mayoka & Co. has recently developed a partnership with The Business Crisis Management Group, which specializes in Financial Crisis Planning for Small business. 

Today, just about every small business owner is feeling the pressure of the weakening economic condition. This financial crisis is a relatively new phenomenon. Not since the depression of 1929 have we been faced with the economic and financial hardships that are so prevalent today.

These difficult economic times will force small business owners to become more personally involved with their own financial situation regarding business loans, bank lines of credit, credit repair, cash flow, payables and truly learning how to deal with maintaining current receivables and new business strategies to obtain new business.

All these basic issues that small businesses have been dealing with throughout the years have now taken on new meaning and need to be dealt with differently, due to the financial crisis. Taking these new challenges into consideration, Nelson and Mayoka has formed a partnership with the Business Crisis Management Group, to specialize and focus on Financial Crisis Planning for Small Business.

Small business owners are searching for ways to keep their businesses afloat or to find ways to create new business. Even if you have not yet been affected by the economic crisis, because of the uncertain future, it is imperative that every business creates a strategic financial crisis plan to survive in the conditions that we must now work with. 

President Obama has made tremendous effort in helping business through his various economic stimulus plans and passing many new laws that allow the federal and state governments to supply financial aid and new stimulus packages to small business throughout the nation. Of course our hope is that President Obama leads us out of this financial crisis and restores order to the banking industry, the real estate market and many other businesses that are currently in a downward spiral, however, right now small business needs strategic financial crisis planning to cope with the issues that affect our financial status today.

Our common bond is this financial crisis. The Business Crisis Management Group’s goal is to provide you with the knowledge, the tools and the strength to keep YOU afloat and help you to prosper during this economic crisis.

Financial Crisis Planning for Small Business is an absolute necessity in an uncertain economy. And that’s exactly why The Business Crisis Management Group has pulled together a multidisciplinary team of experts to provide advisory services to Small Business Owners during tumultuous economic times. 

The services represented in this group include a number of tax, wealth preservation, financing/restructuring, cost reduction and business advisory services that go well-beyond the “traditional� professional services provided by public accounting firms.

The Business Crisis Management Group includes specialized advisory services for Financial crisis Planning. Some of those services are as follows;

• Tax Review Services, including cost segregation, research and development credits, and other tax credits that are often overlooked.
• Wealth Preservation. In uncertain economic times, it is critical to review your assets, investments, and estate plan with professionals in each of these areas.
• Cost Reduction/ Efficiency Services. This review examines a number of key operating cost centers, energy costs, and insurance costs (both personal and business). Our reviews often results in savings of 30 to 40 per cent in these areas to our clients.
• Business Advisory Services. Key areas to examine, with the help of business advisors, include expanded distribution channels, a reorganization or reduction of your staff, and other marketing issues.

Industry Specialty Groups

• Architects and Engineers
• Construction
• Law Firms
• Real Estate
• Technology Services
• Non-Profit organizations
• Food and Beverage
• Apparel
• Medical

Mark Mayoka, a C.P.A. graduated Cum laude from SUNY Albany, obtained a Law Degree from Pace Law School and has over 25 years of diverse Strategic Business experience, has focused his vision to provide solutions to small businessmen and women to survive and prosper in this economic crisis and has recently published;

Financial Crisis Planning For Small Business