We develop financial strategies that enhance firm profitability even in economically challenging business cycles. The approach generally is built around short- and long-term strategies and goals that not only increase the bottom line but also establish appropriate levels of capitalization that continue to grow shareholder value and financial health of your practice. This not only includes effective budgets, resource allocation and financial management and monitoring systems and procedures but the important linkages to your ownership transition program, individual and team performance goals, bonus and other rewards programs and the strategic plan. We design and implement financial reporting and monitoring systems that measure progress against pre-established goals and reports that are easy to read and often in graphic formats for the professionals who are not trained in school or previous firms to gain information quickly with a minimum of paper and without dealing with detailed information.
- Financial needs assessment and action planning
- Business planning
- Interim CFO support
- Profit enhancement programs
- Repositioning of practices who are including international locations
- Financial training for design and consulting professionals
- Computer needs assessment for financial system selection and implementation planning
- Implementation of effective project management systems and training
- Backlog assessment, reporting, scheduling and linkages with marketing
- Government contracting including pricing, fee negotiation and audits
- Collection strategies and action plans to reduce account receivable turnover
- Financial procedures including timesheets, expense reports and accounting practices
- Corporate restructuring and recapitalization
- Strategic partnerships and joint ventures