TROY — In what is the first accounting sector contribution to date – and one of the largest overall – Rehmann has pledged $200,000 in services to Pure Michigan Business Connect, a statewide initiative designed to spur growth among the thousands of companies that call Michigan home.
“We are pleased to welcome Rehmann to the growing roster of companies that are lending their expertise to Pure Michigan Business Connect,” Gov. Rick Snyder said. “As a former accountant, I know well and appreciate just how valuable the company’s accounting, consulting, and tax services will be to many Michigan small businesses and our efforts to create more and better jobs.”
Over the next five years, the financial services firm will offer companies in the early stages of development accounting, consulting, and tax services through its offices in several Michigan locations including Troy, Saginaw, Lansing, Ann Arbor, Grand Rapids, and Traverse City.
Rehmann will provide up to 250 hours of services annually through 2016, with each Pure Michigan Business Connect program participant receiving up to 20 hours of service from the company named a “Top 100 Firm” by Accounting Today.
Even greater than the dollar value, though, is the potential to make a positive long-term difference to the program’s participants.
“With this amount of individualized attention, we can provide a ‘jump start’ to growing companies and then prepare them for their ongoing needs in accounting and finance,” Rehmann Principal Mary McCune said.
Available services include initial general ledger development, including compilation of a business specific chart of accounts. Implementation of accounting systems, including software such as QuickBooks. Development of budgets and forecasting tools. Assistance with applicable tax and governmental regulations, preparation for bank financing requests and/or equity investments.
“The addition of Rehmann to the $8 billion Pure Michigan Business Connect program is significant because it will provide a necessary, but often expensive, service to many start-up and early stage businesses at no cost,” said MEDC President and CEO Michael A. Finney. “This is an impressive commitment and will further enhance our multi-faceted network of opportunities for Michigan businesses.”
In Rehmann, they’ll find an energetic, committed partner.
“As a Michigan-based company ourselves, we’re thrilled for the opportunity to help other Michigan companies reach their full potential,” said Rehmann Chairman and CEO Steven D. Kelly, CPA. “We’re very sincere about our commitment to delivering business wisdom and this effort is the perfect venue for doing just that.”
Information on Rehmann can be found online at http://www.rehmann.com.
Companies seeking support can tap into Pure Michigan Business Connect’s network at http://www.michiganadvantage.org/Business-Connect/.