Available Controller / CFO Services

The following are just some of the areas in which we can be helpful in elevating the level of professionalism in the overall Financial Management of your business:

Reporting

• Improve financial reporting through better formats, use of supplemental reports and graphs of critical elements.
• Increase the timeliness and consistency of financial reporting.
• Work with owners/CEO's to make better use of financial information in operating the business.

Business Plan

• Work with owners/CEO's to develop a long range plan for accomplishing both personal and business goals.
• Work with owners/CEO's to develop three year business plans.
• Chart progress of key elements of business plan and compare to actual progress.

Budgets

• Prepare annual operating budgets to be used in planning strategy during each upcoming fiscal year.
• Prepare annual capital expenditure budgets to control investment and match to cash flow requirements.
• Compare actual results to budgets and analyze variances.

Credit

• Meet with bankers (or other potential lenders) to discuss business plan and possible credit needs.
• If business is not credit worthy, work with banker and owners/CEO's to develop plan for achieving this status.
• Develop intermediate strategies to address credit and cash needs.

Cash Flow

• Prepare short term cash flow projections to aid in planning major expenditures and dealing with higher volume operations.
• Manage cash flow in an efficient manner that meets all cash needs while minimizing borrowing and maximizing investment opportunities

Procedure & Needs Analysis

• Analyze operating procedures and related paper flow to insure the most efficient operating techniques utilizing the available talent to its greatest potential.
• Review internal controls and administrative procedures in order to minimize risk of internal breakdowns which can cost the business money.
• Analyze operating results to determine if goals are being met and if improvements are possible.
• Evaluate computer hardware and software needs to insure that personnel are able to produce at peak efficiency while meeting all the company's information needs.
• Evaluate and match personnel needs with internal growth trends.

Compensation & Benefits

• Work with owners/CEO's to establish consistent incentive programs designed to reward and retain the top performers, while making all employees conscious of their parts in achieving success.
• Help design, implement and refine employee benefit plans in order to maximize the cost/benefit ratio.

Growth & Value

• Implement or improve communications with customers concerning the company's capacity, financial strength, and recent shining moments.
• Assess the relative strengths and weaknesses of multiple business, product or service lines in order to determine the best allocation of scarce resources and marketing strategy.
• Evaluate the true return on investment of the business, taking into account total income produced and comparisons with alternate investment strategies.
• Determine the present value of the business and establish a strategy to increase the value over time.
• Investigate the financial potential of alternative business lines or strategies.

Professional Liason

• Work with public accounting firm to minimize the cost of periodic audit, review, and/or income tax work, while improving the timeliness of the related reporting.
• Work with your risk management specialist to evaluate insurance needs and determine ways to maximize coverage while controlling costs.
• Work with bonding companies to insure that the business is able to get all necessary bonding now and for future growth.

Keeping Current

• Utilize our own computer hardware and software resources to produce materials (such as graphs, color slide presentations, and brochure inserts) that might otherwise be unavailable to the business.
• Provide your business with access to the latest trends and innovations (without additional costs) through our own research and access to competitive information.

Training

• Provide technical training for your accounting staff.
• Conduct seminars for management personnel on the latest business and industry trends in management, negotiating and problem-solving techniques.