By now, business owners and shareholders have a first-hand appreciation of the formidable challenges that the post pandemic economy presents. Risk and uncertainty – and hence stress – have increased dramatically. Planning, and one’s confidence in budgets and forecasts, have taken on unfamiliar dimensions. The challenges are pronounced.
- How can we maximize the likelihood of surviving economic down drafts and emerging in viable condition?
- How can we maximize the likelihood that sudden, rapid growth does not undermine financial strength or even threaten viability?
(A) I can help your team understand exactly where you stand – on a granular level – by producing:
- Detailed, comprehensive, insightful analyses of financial results
- Analyses of cost structures and capital budgets to determine scope for near-term adjustments
- A review of accounting policies and the chart of accounts to ensure that accounting data support robust financial information and analysis
- A review of the design of financial reports, to be amended and expanded as necessary
- KPIs that are intensely instructive and appropriate for your type of business
(B) A key element of the plan will be detailed, bottom-up P&L and cash flow forecasts generated by a three-statement financial model to help guide you through an uncertain future. These projections will assist in identifying the nature and extent of the financial and other resources required to meet unexpectedly high levels of demand or to weather a contraction of demand.
(C) Managing the expectations of shareholders, lenders, and other external stake holders are critical in maintaining their support. I can assist as liaison with those constituencies, including preparing analyses and reports designed specifically for them.
(D) As a collaborative team member or stand-alone resource, I can address any strategic financial issues on which your management team requires support.
Please feel free to Get In Touch for an exploratory conversation without cost or obligation.