COVID-19 Business Recovery

Rebuild with resiliency in a post COVID-19 environment with specialized services dedicated to your success.

Go From Surviving to Thriving

From navigating the Paycheck Protection Program (PPP) loan forgiveness process to proactive cash flow planning and technology strategies to reach your business goals, our advisors can help you get back to business while adjusting to the new normal.

Payroll Protection Program (PPP) Loan Forgiveness

One of the biggest areas of the Coronavirus Aid, Relief, and Economic Security (CARES) Act that benefits businesses is the Paycheck Protection Program (PPP). With big benefits come many questions around one detail specifically: PPP loan forgiveness. Our CARES Act Team is here to help streamline the processes through each phase:

We take a personalized approach to provide the best service possible. Fees are calculated on an hourly basis, dependent on the size of the loan and amount of effort handled by Anders. To discuss your specific situation, contact Anders or reach out directly to:

Daniel K. Schindler, CPA
Principal + Tax
314-655-0194
dschindler@anderscpa.com

 

Dave Finklang | Tax PartnerDave M. Finklang, CPA/CGMA, MBA
Partner + Tax
314-655-5566
dfinklang@anderscpa.com 

Additional CARES Act Funding

The Coronavirus Aid, Relief, and Economic Security (CARES) Act offers a variety of funding options for businesses recovering from the economic affects of COVID-19. Anders is knowledgeable and experienced in working with these programs and can provide assistance and insights throughout the process, from submitting the application to using the funds most effectively. We work with businesses to decide which incentive works best for them, including:

We take a personalized approach to provide the best service possible. Fees are calculated on an hourly basis, dependent on the size of the loan and amount of effort handled by Anders. To discuss your specific situation, contact Anders or reach out directly to:

Paul C. Rhea
Director + Strategic Growth
314-474-0730

prhea@anderscpa.com

Cash Flow Forecasting

With financial strain on businesses as a result of COVID-19, business owners and leadership teams need to not only focus on revenues and reducing costs, but they need to concentrate on the balance sheet to optimize cash and maintain liquidity. Anders works with businesses on a variety of cash flow forecasting strategies, including:

  • Accounts Payable and Receivable Review
  • Terms and Agreements Review
  • Inventory Level Analysis
  • Staffing Analysis
  • Capital Investment Strategies
  • Custom Cash Flow Forecasting

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to:

Scott A. Hoffmann, CPA
Partner and Director + Outsourced Accounting
314-655-0221
shoffmann@anderscpa.com

Debt/Capital Optimization

Reviewing your debt and capital structure is a critical part of a good recovery strategy coming out of a crisis. Anders works with businesses to evaluate current working capital and investment capital requirements against current debt structures to identify opportunities to restructure debt and increase capital.

  • Debt and Capital Restructuring
  • Evaluation of Debt Providers
  • Forgiveness Application
  • Loan Review

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to:

Paul C. Rhea
Director + Strategic Growth
314-474-0730
prhea@anderscpa.com       

 

Mark Cummings | Anders CPA

Mark H. Cummings
Partner + Audit and Assurance
314-474-0718
mcummings@anderscpa.com   

Technology Managed Services

Now more than ever, businesses need to adapt their technology to focus on what the future looks like for their company. Whether it’s a mixed remote/in-office workforce transition or deciding between software needs, Anders can assess your technology environment and develop a strategy to help reach your goals. Our technology services include:

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to: 

Jason Gotway | Technology

Jason N. Gotway
Solutions Architect + Technology
314-655-5560

jgotway@anderscpa.com

Mergers and Acquisitions

Coming out of the pandemic, many business owners are wondering if now is the right time to sell, buy, expand or transfer ownership to next generation. Our advisors work with buyers and sellers to help sellers maximize business value and buyers navigate the right merger or acquisition. We offer a variety of M&A services, including:

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to:

Julie K. Hiblovic, CPA
Partner + Audit and Assurance
314-655-0169
jhiblovic@anderscpa.com

 

Brent E. McClure, CPA, MBA, CEPA
Partner + Tax
314-655-0153
bmcclure@anderscpa.com 

Tax Planning and Compliance

Identifying unique tax savings and CARES Act relief opportunities is more important than ever following a pandemic. From deciding how to structure your business to taking advantage of incentives for minimizing tax burden, Anders can work with you to develop a specialized tax planning strategy using:

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to:

Daniel W. Mudd, CPA
Partner + Tax
314-655-5507

dmudd@anderscpa.com

 

Doug Mueller | Partner and Director + Tax

Douglas D. Mueller, CPA/PFS
Partner and Director + Tax
314-655-5583
dmueller@anderscpa.com

Audit and Assurance

Bouncing back from a crisis takes efficient business operations and strong internal controls. Through financial statement audits, reviews and compilations, our audit and assurance advisors can help you strengthen internal controls and identify areas to improve operations through:

We take a personalized approach to provide the best service possible. To discuss your specific situation, contact Anders or reach out directly to:

Mark G. Hinsen, CPA/CGMA
Partner and Director + Audit and Assurance
314-655-5537

mhinsen@anderscpa.com

COVID-19 Business Recovery Tools

The PPP loan and relief journey is an important part of recovering from COVID-19 for most businesses. Below are downloadable tools to use when it comes time to start the loan forgiveness process and evaluate the Employee Retention Tax Credit.

Secured $150,000 in Missouri Small Business Grants for St. Louis Restaurants

With local pandemic restrictions taking a toll on St. Louis restaurants, our CARES Act team helped restaurant clients evaluate and secure much-needed funding. Missouri Small Business Grants were one of the funding options available for eligible food service businesses. Our CARES Act team helped three local restaurants apply and obtain $50,000 each in Missouri Small Business Grants that kept their staff employed and doors open.

Helped Local Private High School Obtain Forgiveness for $1.5 Million PPP Loan

A St. Louis private high school was looking for help navigating the changing regulations of the Paycheck Protection Program (PPP) loan they had received to retain over 100 employees. By partnering with Anders, the organization received guidance and assistance from their advisor and our COVID-19 Resource Center that helped them navigate the nuances and requirements. Anders worked with them to track expenses and submit their $1.5 million PPP loan for full forgiveness.

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