Strategic Planning

The strategic plan or business plan is the key to your success. We are experienced in providing strategic consulting. We can help you and your management team define your market, product and customers, and assess your strengths, weaknesses, opportunities and threats.

Business Plan and Budget Preparation

We help you and your management team to address setting objectives, key performance indicators (KPI’s) and operational milestones for your business. The business plan is designed to communicate and meet the needs of management, the board, investors, bankers and shareholders. A good business plan and budget establishes credibility with the board and investors. We are experienced to develop a business plan that communicates the market conditions, your competitive advantages and your growth strategy.

With the business plan complete you and your management team are ready to develop an operating budget. We help you through this process. The operating budget is year one of your business plan and includes your income statement, balance sheet, cash flow statement and headcount. We can help prepare a Capital Expenditures Budget for year one also.

A forecast can be any period of time and can be updated at any time as desired. The sales forecast is typically updated once a month and covers several forward months.  Many companies forecast the balance of the current year and some companies forecast on a rolling 12 month period. Many CEOs want a profit and loss forecast that they use when communicating with the board and investors. They also want a cash forecast to ensure liquidity.

Your Board of Directors or your CEO may ask you to revise your operating budget quickly any time during the year.  We can assist quickly with that task. This is a task you need to get right the first time. We can create different budget and forecast versions with different assumptions addressing your goals.

Business Process Design

This includes distribution, selling, pricing models, operational budgets, financing and the capital structure.

We can design, improve, implement and manage the Order to Cash cycle:

• Sales Order management
• Credit approval and control
• Billing
• Accounts Receivable management
• Collections
• Cash application

We can design, improve and implement and manage these functions:

• Treasury
• Management accounting (internal reporting)
• Financial accounting (external reporting)
• Tax minimization and tax compliance (income taxes, payroll taxes and sales taxes)
• Policies and procedures
• Fixed assets management
• Receivables management
• Expense management and expense reduction
• Purchasing management
• Payables management

Financial Modeling

These rigorous models will assist you in managing your working capital to improve your sales management, cash management, receivable management, payroll management and payables management. Improved receivable management will reduce your bad debt expense and increase your incoming cash flow.  Sales modeling will assist you in forecasting orders, revenue, income, sales personnel needed and cash flow.

We can collaborate with legal, insurance, marketing, banking, tax, information technology, sales or human resource professionals as needed for your business.

Call Steve at 919-475-6707 or email at Steve@CFORelief.com