| Financial Management Tools | |
|---|---|
| Cash-flow (proprietary) | Implement cash-flow spreadsheet designed to project cash inflow and outflow, helping to plan and manage cash |
| In-house accounting system | Provide assistance in identifying and installing right system, training employees to use new systems. Implement needed record keeping systems |
| Manual bookkeeping system | Manual system developed for clients without computers or computer skills. Implement needed record keeping systems |
| Developing and controlling budgets | Assist in developing a budget and process for tracking actual expenses compared to budget |
| Financial forecasts | Using a proprietary financial model, forecast business performance, expansion, planned changes, etc. |
| Cost reduction strategies | Using financial management tools, develop a detailed strategy for managing and reducing costs to reach profitability |
| Wealth building | Educate client about strategy to build assets and wealth while leveraging outside resources |
| Planning Tools | |
|---|---|
| Strategic Planning | 3 year Proprietary planning with clear action steps to position and assist company in growth |
| Operations Planning | Design necessary processes together with management and staff to ensure efficiency and customer satisfaction |
| Marketing Planning | Identify market and market opportunities and ways to reach those opportunities |
| Succession Planning | Develop plan for business continuation |
| Financial Planning | Comprehensive plan to identify financial needs and goals |
| Project Planning | Developing plans for specialized or one-time projects |
| Loan Packaging Tools | |
|---|---|
| Determine loan needs | Develop financial model to determine actual working capital and/or growth capital needs |
| Prepare business plan | Develop detailed business plan that client can use to secure financing, investments and manage business growth |
| Prepare financial projections | Develop projections for use in securing loan and managing day-to-day performance of business |
| Operations Tools | |
|---|---|
| Customized operations manual | Outline key business processes for new and existing employees |
| Production and control systems | Internal controls for use by employees and management to solve key production/operation issues |
| Inventory management system | Computerized or manual system for tracking purchases, sales and remaining inventory |
| Job tracking system | Work order process to track individual jobs through manufacturing process |
| Policies and procedures | Customized template to develop employee policies and describe key business processes |
| Workforce balancing | Evaluation of business workflow with recommendations to re-deploy or cut staff |
| Streamlining order processing | Develop systems to track orders from order to delivery |
| Work scheduling system | Develop work flow to effectively move work through processes |
| Customer Service | Training for all employees to provide superior customer service in the context of client business |
| Analysis Tools | |
|---|---|
| Financial analysis | Review of historical financials for trends and comparison to industry standards |
| Sales opportunities analysis | Identify new market opportunities |
| Competitive analysis | Evaluation of existing competition and potential competition |
| Process analysis | Determine steps and employees required to complete a process efficiently. Determine employee skills |
| Pricing analysis | Determine highest possible price at which a company can still compete in order to increase its margin and allow it to better pay its employees |
| Training Tools (one-on-one and group) | |
|---|---|
| Managing financial statements | Skill building and coaching for business owner, manager or key employee |
| Cash-flow management | Train manager or employee to implement and manage cash using proprietary tool |
| Collecting accounts receivable | Increase cashflow to allow company to more easily meet and/or increase payroll |
| Basic computer skills | Train key employees with basic computer skills |
| Various workshop series | Recommend workshops as needed |
| Pricing strategy | Evaluate direct and indirect structure to determine pricing in market |
| Use of internet | Train clients to utilize internet for market and industry research |
| E-Commerce Tool | Guide clients in identifying affordable e-commerce solutions and content for website |
| Strategies to develop new prospects | Conduct market research to identify new customers, develop strategy with sales team develop strategy from first contact to deal closing |
| Assessment Tools | |
|---|---|
| Business plan reviews | Review and feedback on existing business plans |
| Assessment of management issues | In-depth assessment of management capacity and challenges |
| Analysis of human resources | Identify and structure employment positions that company needs to fill to support growth |
| Software Implementation/Training Tools | |
|---|---|
| Accounting software | Implementation and training on QuickBooks Pro software and long-term software support |
| Email software | Utilization of HP SmartStart training software to train clients and their employees on effective use of email |
| Connecting to the internet | Utilization of HP SmartStart training software to train clients and their employees on effective use of the internet |
| Spreadsheet software | Utilization of HP SmartStart training software to train clients and their employees |
Thank you for your interest in our small business loan program. Nulla at nulla justo, eget luctus tortor. Nulla facilisi. Duis aliquet egestas purus in blandit. Curabitur vulputate, ligula lacinia scelerisque tempor, lacus lacus ornare ante, ac egestas.
Click here to download and fill out the Small Business Loan Application.
Download our full statement here
| Loans Approved and Closed | Types of Businesses | |
|---|---|---|
| Loans made | 10 | Recycling; Accounting/Tax;Auto repair; Manufacturing; Retail; Family entertainment; Service |
| Loan amount closed | $221,950 | |
| New jobs created | 8 | |
| Jobs saved/retained | 9 | |
| Minority loans | 6 for 60% | |
| Average loan size | $22,195 |
| Mangerial Assistance 2010 | ||
|---|---|---|
| 267 Small Businesses Assisted | ||
| 111 received intensive one on one assistance ranging from 20 hours to 100 hours | ||
| 156 received counseling of 10 hours | ||
| 20 successful startup busiensses | ||
| 2 successful turnarounds saving 15 jobs | ||
Download Loans Leveraged here
Are you interested in supporting small business growth and development in the Delta?
Alt.Consulting worked with the Arkansas Department of Human Services (DHS) to evaluate a new entrepreneurial opportunity around Adult Family Homes (AFH). These homes create entrepreneurial opportunities in rural and urban communities.
Through this new program, individuals anywhere in Arkansas can turn their homes in to small businesses. Each home creates at least two jobs and allows elderly to stay in their community close to family and friends.
Over the last year, alt.Consulting worked with DHS to build a business model and develop a toolkit for starting these businesses. By helping to start four homes, we were able to test the model and put four caring people in business.
Are you interested in starting an Adult Family Home?
For certification information contact Adult Family Homes Specialist Ramona Sangalli at 501-683-5500.
For assistance in starting your business, please contact alt.Consulting at one of our three offices.
Pine Bluff, AR 870-535-0011J
Jonesboro, AR 870-335-8534
Memphis, TN 901-312-9797
Click Titles Below to Read Complete Articles
