| 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 |
