PURCHASE OR SALE OF A BUSINESS
Companies acquiring or selling a business can utilize experienced assistance in identifying the critical success factors of the business. Proper investigation of the Target Company provides assurance of the representations made during the sale and positions the buyer for a successful transition. Many times findings during due diligence can be successfully used to adjust the purchase price or avoid a costly mistake. Acquisition due diligence can be more effective and efficient performed by someone with experienced with acquisitions. For sellers, having an advisor is critical to ensure the goals of the sale are meet.
CFO SERVICES AND INTERIM MANAGEMENT
Businesses not requiring a full time CFO can benefit from an experienced executive who can coach and train staff in their development while improving the quality of the financial department of a small organization. Companies sometimes experience unexpected turnover or require a more senior individual to assist with a current problem or challenge. An experienced financial executive can immediately add value. All done on an as needed basis.
New business ventures require specialized start up experience to address systems designs for adequate internal control, business planning, and management reporting, combined with good organizational skills not always available within a new organization which can easily be addressed by a consultant.
All businesses need to assess where they are and where they are going. Having an outsider ask the questions can bring in the fresh perspective necessary to move a company to its next level. Formalizing the plan, and developing benchmarks will ensure the plan becomes a part of the business and not just an exercise for management.
FINANCIAL SYSTEMS DESIGN
Companies’ considering a new system can benefit from a needs assessment directed by an experienced corporate consultant as the first step in the selection and design of their systems. Implementation and systems responsibilities need to be addressed as well.