JAK + CO.

Certified Public Accountants

Call Our Minnesota CPA Firm: 651.641.1099
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Is Your Company a Good Candidate for an ESOP?

December 29, 2020 By JAK + CO.

 By Kyla Hansen, CPA, CVA An employee stock ownership plan (ESOP) can be a great way to transition your business and give back to your employees. But it’s not ideal for everyone. Before you move forward with an ESOP, it’s wise to do your homework and make sure it’s right for you. (This is partly […]

Filed Under: Accounting, Business Tax, ESOP, Kyla Hansen Tagged With: Business, business consulting, Business Management, Business Succession, internal controls, retirement

Why You Need a CPA on Your Team

December 21, 2020 By JAK + CO.

By Kyle Sturgeon, CPA, MBA When you’re running a business, you can easily become lost in a laundry list of to-dos. This is especially true if you’re just getting started. There are tax forms to file, operating agreements to execute, and marketing plans to finalize, to name a few. But whether you’re in the startup […]

Filed Under: Accounting, Business Tax, Consulting, Kyle Sturgeon Tagged With: Accounting, Business, business consulting, Business Management, Consulting, internal controls, Tax Planning

4 Simple Tips for Managing Cash Flow in Turbulent Times

August 13, 2020 By JAK + CO.

By Jason Loven, CPA, CCIFP® Managing cash flow is never a piece of cake. Now, in the midst of a global pandemic, it’s become even more challenging for businesses within nearly every industry. For many contractors and construction-related businesses, the cash-flow conundrum is two-fold: As projects stall and staffing rosters fluctuate, keeping track of cash […]

Filed Under: Accounting, Construction, COVID-19, Jason J. Loven Tagged With: Accounting, Business Management, Construction, Construction Accounting, COVID-19, internal controls, Job Costing

The Secret to Enhancing Profitability for Future Projects

June 29, 2020 By JAK + CO.

By Ethan Cummings, CPA Even the most well-planned project can become chaotic. When this happens, it can feel like you’re getting pulled in a thousand different directions. One minute you’re answering a subcontractor’s question and the next you’re following up with the client. Tracking the job’s direct costs is probably the last thing on your […]

Filed Under: Accounting, Construction, Construction Accounting, Consulting, Ethan Cummings Tagged With: business consulting, Construction Accounting, Job Costing

Case Study: How a Construction Subcontractor Improved Profitability by Simply Bridging a Knowledge Gap

February 4, 2020 By JAK + CO.

Andrew F. Knutson

By Andy Knutson, CPA In 2017, we worked with a construction subcontractor that had struggled with profitability in recent years despite many project successes. The company’s bonding agent, who was concerned about the situation, had requested a reviewed financial statement and referred us to provide it. During our initial meeting with the owners and their […]

Filed Under: Accounting, Andy Knutson, Business Tax, Construction, Construction Accounting, Consulting Tagged With: Accounting, Business Management, Construction, Consulting, profitability

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Our Office

1781 Prior Avenue North
Falcon Heights, MN 55113
Main 651.641.1099
Fax 651.647.1099
www.jakcpa.com

John A. Knutson & Co., PLLP

John A. Knutson & Co., PLLP, (JAK) is a Twin Cities-based accounting firm serving clients throughout Minnesota and beyond. A Team Committed to Quality Beyond Expectations

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