Category: Cash

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 »

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 »

Companies That Benefit From a B2B CFO®

Businessman With Dollar-Bill Head

Strong, Growing Companies Cash is tight due to growth Growing but not profitable Profitable but need financial strategies/systems/processes/controls to continue Struggling Companies Have constant cash struggles Poor profitability Are profitable but can’t improve from year-to-year Need new ideas to “break out” Need help immediately or they may “go under” (turnarounds) Need to reduce expenses and/or… Read more »

Is Your Business Ready for 2015?

Team Players Only Display

Do you have a budget, plan and strategy? Does your corporate culture and philosophy reach every employee and every segment of your business? Always remember – your business is likely your largest asset and deserves to be managed as such. As you embrace the New Year, ask and answer the following: 1. Am I clear… Read more »

Why the Boss Brings the Doughnuts

As we turn the calendar to the latter half of the year, it is important to remember that employee recognition does not always have to come at the end of the year. As the leader of your company, you must find ways to say thank you by continuing employee recognition throughout the year in ways… Read more »