Business Details
Founded in 1995, James & Springgate, PLC works effectively with individuals and businesses to successfully identify and address present and future challenges and opportunities. Team Approach: "A master of everything is a master of nothing." Our firm recognizes the benefits to our clients of a specialized team of business advisors and we welcome the chance to work with other professionals to provide the best possible combination of services for our client.
Our firm provides outstanding service to our clients through constant adherence to our culture as defined by our strongly held beliefs. Our greatest value to our clients is not as a reporter or historian, but as a coach or business partner helping to plan and shape your future. We offer a broad range of services for individuals, businesses, trusts, and independent professionals.
Our firm provides outstanding service to our clients through constant adherence to our culture as defined by our strongly held beliefs. Our greatest value to our clients is not as a reporter or historian, but as a coach or business partner helping to plan and shape your future. We offer a broad range of services for individuals, businesses, trusts, and independent professionals.
Services
About
We'd like to provide you with an opportunity to get to know our staff as well as our firm's values.
As financial advisors we offer tax planning and compliance, estate and gift planning and compliance, wealth accumulation and preservation planning, and retirement planning and consulting.
As business consultants we offer closely held business planning, tax consulting and compliance, accounting services including financial statement reviews and compilations and accounting assistance, and general business advisory services such as compensation planning, transaction planning, and retirement plan selection.
As financial advisors we offer tax planning and compliance, estate and gift planning and compliance, wealth accumulation and preservation planning, and retirement planning and consulting.
As business consultants we offer closely held business planning, tax consulting and compliance, accounting services including financial statement reviews and compilations and accounting assistance, and general business advisory services such as compensation planning, transaction planning, and retirement plan selection.
Staff Profiles
James & Springgate, PLC works effectively with individuals and businesses to successfully identify and address present and future challenges and opportunities.
Our clients have our commitment that our team at James & Springgate, PLC will demonstrate initiative, anticipate problems, propose solutions and communicate effectively throughout the year.
Our clients have our commitment that there will be timely coordination of tax and accounting planning and strategy needs.
James & Springgate, PLC is a full-service Certified Public Accounting firm licensed in Michigan.
Our clients have our commitment that our team at James & Springgate, PLC will demonstrate initiative, anticipate problems, propose solutions and communicate effectively throughout the year.
Our clients have our commitment that there will be timely coordination of tax and accounting planning and strategy needs.
James & Springgate, PLC is a full-service Certified Public Accounting firm licensed in Michigan.
Internships
GVSU and WMU Students: You can sign up for both Meet the Firms and interviews through your school's Handshake account.
You should all be receiving emails from your schools to sign up for these events.
Our firm works effectively with individuals and businesses to successfully identify and address present and future challenges and opportunities.
Our clients have our commitment that our team at James & Springgate, PLC will demonstrate initiative, anticipate problems, propose solutions and communicate effectively throughout the year.
You should all be receiving emails from your schools to sign up for these events.
Our firm works effectively with individuals and businesses to successfully identify and address present and future challenges and opportunities.
Our clients have our commitment that our team at James & Springgate, PLC will demonstrate initiative, anticipate problems, propose solutions and communicate effectively throughout the year.
Individual Services
You get one-on-one guidance and a comprehensive financial plan that helps manage risk, improve performance, and ensure the growth and longevity of your wealth.
The hassles and red tape associated with estate planning can be daunting, but you don't need to do it alone.
Our team is waiting to assist you through every step of the process.
Education planning plays a significant role in personal financial planning.
The cost of an education is one of the two greatest financial concerns for many families - the other, of course, being retirement.
The hassles and red tape associated with estate planning can be daunting, but you don't need to do it alone.
Our team is waiting to assist you through every step of the process.
Education planning plays a significant role in personal financial planning.
The cost of an education is one of the two greatest financial concerns for many families - the other, of course, being retirement.
Personal Financial Planning
Building and preserving your personal wealth requires specialized attention.
You get one-on-one guidance that helps manage risk, improve performance, and ensure the growth and longevity of your wealth.
Save enough for a comfortable retirement by identifying your retirement needs, analyzing your assets and sources of retirement income, reviewing estimated shortfalls, and identifying the best ways to save for retirement given your financial situation and risk tolerance.
Pay for your child's college education by accurately estimating the amount of money you'll need, analyzing your assets, reviewing estimated shortfalls and considering general alternatives and strategies to help address these potential shortfalls, and developing an optimal savings plan given your financial situation and risk tolerance.
You get one-on-one guidance that helps manage risk, improve performance, and ensure the growth and longevity of your wealth.
Save enough for a comfortable retirement by identifying your retirement needs, analyzing your assets and sources of retirement income, reviewing estimated shortfalls, and identifying the best ways to save for retirement given your financial situation and risk tolerance.
Pay for your child's college education by accurately estimating the amount of money you'll need, analyzing your assets, reviewing estimated shortfalls and considering general alternatives and strategies to help address these potential shortfalls, and developing an optimal savings plan given your financial situation and risk tolerance.
Estate Planning
Thoughts of estate planning often bring more questions than answers: Could an heir be too young to inherit?
Should the inheritance be given at a certain age?
Is the intended beneficiary in a shaky marriage with divorce as a possibility?
Are there children from a previous marriage?
Should inheritance be protected from potential creditors of the heir?
Are there taxes that can be avoided?
Are you able to avoid the probate court rules, delays, and costs?
Planning what happens to your estate when you're gone can seem frustrating and intimidating without qualified help.
Should the inheritance be given at a certain age?
Is the intended beneficiary in a shaky marriage with divorce as a possibility?
Are there children from a previous marriage?
Should inheritance be protected from potential creditors of the heir?
Are there taxes that can be avoided?
Are you able to avoid the probate court rules, delays, and costs?
Planning what happens to your estate when you're gone can seem frustrating and intimidating without qualified help.
Retirement Planning
Whether you're already retired, close to it, or just getting started in your career, it's never too early to start thinking about retirement planning.
Unfortunately, for many people life gets in the way and retirement planning is put on the back burner, until suddenly, retirement is right around the corner.
Tax-free contributions - Pre-tax contributions are subject to income tax only after withdrawal, typically when you retire.
Selection of retirement plans (IRAs, SIMPLE Plans, SEP plans, Keogh plans, and 401(K) plans to name a few) to meet everyone's needs.
Unfortunately, for many people life gets in the way and retirement planning is put on the back burner, until suddenly, retirement is right around the corner.
Tax-free contributions - Pre-tax contributions are subject to income tax only after withdrawal, typically when you retire.
Selection of retirement plans (IRAs, SIMPLE Plans, SEP plans, Keogh plans, and 401(K) plans to name a few) to meet everyone's needs.
Education Planning
How can you properly fund your children's education without draining your current cash flow?
What should you do if they are a few years away from college and your education fund won't be enough?
How can you increase your chances of getting financial aid?
What tax benefits might be available to you?
Accurately estimate the cost of higher education and counsel you on your family's desire to fund or pay for all or a portion of college in the future.
What should you do if they are a few years away from college and your education fund won't be enough?
How can you increase your chances of getting financial aid?
What tax benefits might be available to you?
Accurately estimate the cost of higher education and counsel you on your family's desire to fund or pay for all or a portion of college in the future.
Business Services
Accounting services including financial statement reviews and compilations, accounting and bookkeeping assistance.
General business advisory services such as compensation planning, transaction planning, and retirement plan selection.
As a small business owner you have more important things to do than to keep your own books.
We take care of your books for you, so you can get back to the job of running your business and generating profits.
We offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best--running your company.
General business advisory services such as compensation planning, transaction planning, and retirement plan selection.
As a small business owner you have more important things to do than to keep your own books.
We take care of your books for you, so you can get back to the job of running your business and generating profits.
We offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best--running your company.
Small Business Accounting
As a small business owner you have more profitable things to do than to keep your own books.
We take care of your books for you, so you can get back to the job of running your business and generating profits.
These tasks form the solid foundation of your small business accounting system.
You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.
Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.
We take care of your books for you, so you can get back to the job of running your business and generating profits.
These tasks form the solid foundation of your small business accounting system.
You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.
Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.
CFO Services
Growing businesses often reach a point where they need professional financial advice, but can't afford a full-time CFO or controller.
If you're fortunate enough to be in this position then we have the perfect solution for you.
Our Part-Time CFO service gives you a professional financial manager who works with you to help guide your business to success.
The cost of hiring a full-time CFO can range from $60,000 to over $150,000 per year plus bonuses and benefits.
Our Part-Time CFO services provides you with experienced support at a small fraction of that cost.
If you're fortunate enough to be in this position then we have the perfect solution for you.
Our Part-Time CFO service gives you a professional financial manager who works with you to help guide your business to success.
The cost of hiring a full-time CFO can range from $60,000 to over $150,000 per year plus bonuses and benefits.
Our Part-Time CFO services provides you with experienced support at a small fraction of that cost.
Reviews - Compilations
Stockholders, creditors, and private investors often need assurance that the financial statements accurately represent the true financial position of a company.
Less extensive than an audit, but more involved than a compilation, a review engagement consists primarily of analytical procedures we apply to the financial statements, and various inquiries we make of your company's management team.
If the financial statements or supporting information appear inconsistent or otherwise questionable, we may need to perform additional procedures.
Less extensive than an audit, but more involved than a compilation, a review engagement consists primarily of analytical procedures we apply to the financial statements, and various inquiries we make of your company's management team.
If the financial statements or supporting information appear inconsistent or otherwise questionable, we may need to perform additional procedures.
Cash Flow Management
A cash crisis can be emotionally devastating and it can even kill your business.
If you've ever had to beg, borrow and steal to cover tomorrows payroll you know what I mean.
The starting point for avoiding a cash crisis is allowing us to develop a cash flow projection for you.
We can help you develop both short-term (weekly, monthly) cash flow projections to help you manage daily cash, and long-term (annual, 3-5 year) cash flow projections to help you develop the necessary capital strategy to meet your business needs.
If you've ever had to beg, borrow and steal to cover tomorrows payroll you know what I mean.
The starting point for avoiding a cash crisis is allowing us to develop a cash flow projection for you.
We can help you develop both short-term (weekly, monthly) cash flow projections to help you manage daily cash, and long-term (annual, 3-5 year) cash flow projections to help you develop the necessary capital strategy to meet your business needs.
Bank Financing
Requesting a business loan without adequate preparation sends a clear message to the lender: High Risk!
Therefore, it pays to be prepared and organized in your approach for financing.
Put your best foot forward by allowing us to assist you in preparing a winning loan proposal for you.
Our proposals have a high likelihood of success because they're created from the lender's perspective.
Executive Summary: Where we concisely state the purpose of the loan, the exact amount of money required, an explanation of what the loan will be used for and why it's needed.
Therefore, it pays to be prepared and organized in your approach for financing.
Put your best foot forward by allowing us to assist you in preparing a winning loan proposal for you.
Our proposals have a high likelihood of success because they're created from the lender's perspective.
Executive Summary: Where we concisely state the purpose of the loan, the exact amount of money required, an explanation of what the loan will be used for and why it's needed.
Business Valuation
Whether you're negotiating a merger, considering new shareholders, attempting to resolve disputes associated with liability, shareholder equity, estate planning or marital dissolution, objective valuation can make the difference between loss or gain, success or failure.
Business valuation is not an exact science.
It's based on judgment, experience and relevant information.
So, you need professionals who are well qualified, with significant experience in evaluating all types of organizations.
Our approach is to intimately know your business in order to understand what constitutes its value.
Business valuation is not an exact science.
It's based on judgment, experience and relevant information.
So, you need professionals who are well qualified, with significant experience in evaluating all types of organizations.
Our approach is to intimately know your business in order to understand what constitutes its value.
Strategic Business Planning
A Strategic Business Plan is much more than a tool to obtain financing.
If you still have all your plans and ideas locked up inside your head, preparing a strategic plan can help you clarify your company's direction.
It can ensure that your key leaders are all on the same page, and keeps both management and staff focused on the tasks at hand.
The Strategic Plan provides a blueprint, describing your company, its products, the competitive environment, management team, financial health, and business risks.
If you still have all your plans and ideas locked up inside your head, preparing a strategic plan can help you clarify your company's direction.
It can ensure that your key leaders are all on the same page, and keeps both management and staff focused on the tasks at hand.
The Strategic Plan provides a blueprint, describing your company, its products, the competitive environment, management team, financial health, and business risks.
Succession Planning
If you own a family business, retirement isn't simply a matter of deciding not to go into the office anymore.
You've got some critical questions to answer like.
The family dynamic complicates the whole transition because of the relationships and emotions involved.
Most people are not comfortable discussing topics such as aging, death, and financial affairs.
Comfortable or not, succession planning should be a priority for any family business considering that more than seven out of ten family-owned businesses fail to survive the transition from founder to second generation, typically falling prey either to estate taxes or family discord - or both.
You've got some critical questions to answer like.
The family dynamic complicates the whole transition because of the relationships and emotions involved.
Most people are not comfortable discussing topics such as aging, death, and financial affairs.
Comfortable or not, succession planning should be a priority for any family business considering that more than seven out of ten family-owned businesses fail to survive the transition from founder to second generation, typically falling prey either to estate taxes or family discord - or both.
New Business Formation
Opening your own business is exciting and thrilling.
It's everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not.
It's up to you to maintain and stretch out the "thrill and excitement" period forever.
A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business.
Success lies in the approach you choose to take.
We help you avoid the common pitfalls that many new small business owners make when starting their new venture.
It's everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not.
It's up to you to maintain and stretch out the "thrill and excitement" period forever.
A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business.
Success lies in the approach you choose to take.
We help you avoid the common pitfalls that many new small business owners make when starting their new venture.
Non-Profit Organizations
We can help you setup and maintain your non-profit organization's tax-exempt status by handling all the IRS reporting for you.
Income Statement with very specific revenue and expense categories like donations, salaries, postage, rent.
Functional Expense Statement with all the expenses allocated to either program services, fundraising, or operations.
Individual Program Expense Statement that reports all of the expenses for each program or service like seminar programs or educational mailings.
Revenue Support Schedules that detail the organization's sources of income in specific categories like charitable donations, membership fees, investment income.
Income Statement with very specific revenue and expense categories like donations, salaries, postage, rent.
Functional Expense Statement with all the expenses allocated to either program services, fundraising, or operations.
Individual Program Expense Statement that reports all of the expenses for each program or service like seminar programs or educational mailings.
Revenue Support Schedules that detail the organization's sources of income in specific categories like charitable donations, membership fees, investment income.
