Business Consulting Group inc.

Tax, accounting and business coaching for owner-managed firms

Business Consulting Group, Inc. is an accounting and consulting firm in Shelby, North Carolina. Outsourced tax and finance work sits beside coaching and consulting aimed at the owners of independent businesses. Its site uses a sailing image: if the wind does not blow your way, adjust your sails. The firm's argument is that many owners are good at their trade, not at reading financial statements, and that having accounting records matters less than understanding what they say.

Tax planning before the year ends

The firm's tax service is built around a meeting before year end. It projects a client's business and personal tax liabilities and then discusses strategies to reduce the legal tax obligation. Tax return preparation is the formal service, and the planning conversation is how it says clients realize savings.

Outsourced accounting, bookkeeping and payroll

It offers accounting and bookkeeping and payroll as functions a business can hand to specialists. The firm acknowledges earlier objections to outsourcing, such as fears of lost control or leaked business secrets, and says its engagement is tailored to the client's needs and expectations. In its view, handing off these tasks frees staff to concentrate on the activities that earn revenue. It says its team is drawn from several fields and follows current events that may affect future compliance rules.

Consulting and coaching programs

The second half of the firm is advisory. Its signature programs combine consulting, in which the firm documents a strategy, policies and action plans, with coaching, in which it works with the owner and team to improve performance and accountability. The areas it names are cash flow management, business analysis, business strategy and CFO services, with cash management, process development, marketing strategies and human resources also described as custom designed. The site's navigation also lists management and advisory services and tax planning strategies.

Who it serves and how it handles data

Its clients are independent owners and small to mid-sized businesses across a range of industries. The firm states that no client information is shared outside the firm without written consent, and that only staff on a project can see a client's data.

Business Consulting Group inc. works with independent business owners on their tax, accounts and the way their companies are run. Before each year end it meets clients to project business and personal tax bills and plan ways to lower them legally. It pairs this compliance work with coaching and consulting programmes aimed at growth.

What Business Consulting Group inc. offers

• Tax return preparation: business and personal returns, with planning meetings held before the year closes.
• Accounting and bookkeeping: outsourced record keeping, with help reading what the figures show.
• Payroll: running the payroll function so staff can focus on revenue work.
• Consulting and coaching: programmes that document a business plan and hold owners accountable for carrying it out.
• Management and advisory services: outside guidance on strategy, planning and execution.

Who it works with

Small and mid-sized owner-managed businesses across a range of industries that prefer to outsource finance tasks.

Key facts

• Service lines: tax and accounting, consulting and coaching, management, advisory
• Approach: year-end tax projections for every client