Budgeting and Forecasting:
Once all the data from monthly business
activities have been categorized properly and financial reports are made
available to the business owner, they must be analyzed properly with suggestions
offered to improve continuity and profitability. A cover letter typically
accompanies the monthly financial reports with comments and notations and
a more involved consultation may be scheduled to address particular issues
or business planning for future growth.
Business Plans:
With 25+ years as a Business Broker/Salesperson,
I can help you formulate a business plan for growth. Business plans are
especially useful when applying for bank financing and negotiating large
asset purchases with terms. It is also a good idea to have a 2-5 year business
plan for management purposes to help set goals and monitor progress toward
achieving those goals.
Selling Your Business:
Whether you intend to sell your business
or not, it is always a good idea to know the value of your business on
the open market. Most business owners have no idea what their businesses
are worth and are pleasantly surprised to find out after a fair market
analysis is performed. A company Balance Sheet does not always reflect
the true value of the business. And the bottom line of a Profit & Loss
Statement does not alway reflect the true owner's benefit fromthe business. |
