Category: Business Best Practices

INCREASING ENTERPRISE VALUE OF SMALL AND MEDIUM SIZED BUSINESSES WITH ADVANCED FINANCIAL MANAGEMENT

Small and Medium sized Businesses (SMB’s) can often substantially improve enterprise value by employing the financial management strategies that large companies use. SMB bookkeepers, controllers and most of their CFO’s without large corporate experience are not educated or trained on the use of these techniques. Note these strategies are much different than the CFO Services… Read more »

Manufacturing Profitability Improvement – Case Studies

$20 Million Equipment Manufacturer The company designs and manufactures large engineered-to-order water treatment systems and smaller stock water treatment machines for industrial plants. Financial statements were prepared outside of the company by a small CPA firm. Management had little insight into margins and profitability as the only costing was material related. Brought accounting in-house in… Read more »

Advanced Financial Management for Manufacturers – Driving Sales and Profitability

Profitability and sales in manufacturing companies can be increased through the use of sophisticated cost accounting, operational and financial management tools and strategies. Understanding true product and customer costs and margins, developing accurate overhead rates, analyzing labor, using cost-volume-profit analyses and devising purchasing and pricing strategies are some of the tools a B2B CFO® Partner… Read more »

Manufacturing Profitability – Strategic vs. Tactical

Experience and research show that 80%+ of manufacturing companies under $40MM+ in sales have tactical bookkeepers, controllers and even CFO’s.  They know how to pay bills, process payroll, send invoices, run their ERP systems, prepare accurate financial statements and work with their bankers. However, they DO NOT have the experience, knowledge or strategic vision to… Read more »

Business Strategy: Key Thoughts

For most businesses, we are just over mid-way through another year, and for a few of you possibly approaching a September or October year end. For those of you who actively monitor your results against your plans, congratulations! If you haven’t already done so, it should be time to assess your progress against your goals.… Read more »

Thoughts on Venture Capital in Oconomowoc, Wisconsin

Venture capital

I just finished reading an incredible article titled “Courting Venture Capital” written by J.D. Kern, CPA in the June, 2011 edition of the Journal of Accountancy, published by the American Institute of Certified Public Accountants. I wholeheartedly agree with Kern with respect to how to attract angel, venture capital or private equity investment to a… Read more »

Middle Market Waste, Inefficiency & Excess Cost

Excess cost

In today’s economy, reducing administrative overhead costs to their bare minimum can literally mean the difference between success and failure for middle market companies. In an environment when top line revenue is, at best unpredictable, it makes perfect sense to lower the break-even revenue point of the company as much as possible.  One of the easiest… Read more »