Develop
Company Mission and Vision
|
Work
with key management to develop a clear coherent Vision
and Mission.
|
Make
better business decisions, improve results, get entire
team on board. Apply resources to what is most important
and will lead to clear success. |
Annual
Corporate Retreat
|
Team
building for top management group, develop strategic
goals, objectives and strategies in one day.
|
More
cooperation and understanding among key people - a powerful
and hard-hitting day of working "on" the business.
Results in a succinct one year business plan. |
Ideal
Customer Analysis
|
Conduct
a study of current customers to determine the ideal
client profile. Help coordinate marketing/sales to appeal
to that customer.
|
Put
resources to work to do the most good. Make planning
for future more coherent.
|
|
Product/
service line/
profit
center/
key
customer margin analysis
|
Determine
most profitable lines/profit centers/customers. Review
and offer suggestions to establish and maintain product/service
line pricing policies.
|
Greater
assistance in determining actions to affect increase
in profitability. |
Develop/
maintain banking relationships
|
Review
of loan covenants, regular banker meetings, intro to
good small business bankers.
|
Keep
current financing intact. Keep bank happy. Get more
financing. |
Tax
minimization strategies and planning
|
We
review your current financial position and suggest ways
of minimizing taxes in the future. We can also coordinate
this with your current tax CPA.
|
Save
on taxes.
|
Interface
with third party professionals
|
Contact
and coordination with attorney, tax CPA, insurance agent,
etc.
|
More
time for you. |
Analysis
of major
capital expenditures or
significant initiatives
|
Provide
recommendations from a financial perspective.
|
Better
business decisions. |
Research
solutions to specific business issues
|
Problems
needing research and serious consideration to get to
solution.
|
Act
on solutions to key issues/concerns. |
Accounting
staff evaluation/
search/
interview
|
Actively
involved in the process to hire, promote, and/or discharge
accounting/finance staff. We also train and assist you
in evaluating your staff.
|
You
can rely on our expertise and spend time on more important
or preferable functions.
|
Develop
and implement credit and collection policies
|
Examine
current policies and procedures. Make suggestions for
changes. Work with current accounting personnel to implement.
|
Improve
receivable turnover and thus improved management of
cash flow. |
Customer
advisory boards
|
Coordinate
and facilitate a group of your key customers to see
what you are doing right, what to improve and how to
sell more to them.
|
Develop
customer focused business. Listen to customers. Improve
customer loyalty. |
Help
develop accounting policies and procedures
|
We
direct your current accounting personnel in the creation
of a "how to" manual for accounting dept.
|
Good
internal controls. Better managed accounting dept. If
a key accounting person leaves there is a road map for
the next person. |
Oversee
maintenance of accounting and tax records
|
Review
current procedures and ways of maintaining key records
to make sure that it is solid, clear and secure.
|
Make
sure you can support an audit in the future. Better
peace of mind re historical data. |
Incentive
compensation plans
|
Help
structure incentive plans that are compatible with company
goals and objectives.
|
Motivate
your people to greater productivity and job satisfaction
via success and growth. |
Merger
and acquisition analyses
|
Examine
and analyze possible mergers with others, or analyze
businesses you may want to acquire.
|
Better
business decisions. |
Dashboard
tracking of KPI's at client office
|
It
starts with a Profit and Cash Flow Plan. We then set
up a software program on your office computer that allows
you to track key financial performance indicators monthly.
You also have opportunity to play with and adjust KPI's
to see results on cash flow and profits.
|
Focus
on plan and results. Able to "play" with results
for greater control over business and understanding
of impact on business.
|
Assist
with choosing new accounting system
|
If
need to upgrade accounting system, we review your information
needs, research various software options, and help you
make the best decision.
|
Someone
knowledgeable in accounting/finance and independent
helps tabulate alternatives and the benefits/drawbacks
of each choice. |
Facilitate
change in accounting methods
|
Possible
move from cash basis to accrual basis method of accounting.
Develop plan and help implement.
|
Improved
internal management financial information. |
Financial
Projections for third parties
|
Two
to five year projections of Balance Sheets, P&L's,
Cash Flow Statements along with key assumptions used.
Usually a major project for a specific purpose.
|
Attract
new sources of capital/financing. |
Insurance/
Business Risk Review
|
Evaluate
business risk and evaluate insurance needs such as liability,
buy/sell, life, "key man", and disability
insurance. Compare to current policies and suggest changes
to reduce risk and/or minimize costs.
|
Reduce
risk and minimize insurance costs as appropriate.
|
Accounting
Records Clean Up and/or Catch Up
|
Supervise
your people or someone else we help find in bringing
current accounting records accurate and current.
|
Have
accurate and complete financial records to use in making
crucial business decisions and/or for taxing authorities,
banks and others. |
Service