In order for your business to be the best, you need to execute your financial strategy in a well planned and effective manner. With a talented Accountant, CFO or Controller you can focus on critical areas of your business such as marketing, sales and customer satisfaction while knowing that your long term planning and financial reporting are being handled by a professional. Growing businesses often reach a point where they need professional financial and accounting advice, but can't afford a full-time Accountant, CFO or Controller.
Outsourcing your Accounting, Controller and CFO services, to us, is a cost effective solution when the cost of a full time staff employee is not justified. We provide virtual, offsite and part time on going Accountant, Controller and CFO Services to include:
Accounting Systems and Controls
Financial Analysis and Reporting
Risk Management and Controls
Strategic Planning and Consulting
Cost / Revenue Benefit Analysis
Profitability Analysis by Service or Product Line
Budget Preparation, Reporting and Monitoring
Financial Forecasting and Modeling
Treasury / Cash Management
Negotiations for Financing and Operations
Reorganizations, Mergers and Acquisitions
Develop and Analyze Business Plans
Software Selection and Implementation
Software Training and Support
Preparation of Policies and Procedures
Business Start Up
New Business Formation
QuickBooks Training, Setup and Support
Participating in the Strategic Planning Process
Setting Financial and Organizational Goals
Providing Financial Due Diligence Management
Assistance in Obtaining Financing
AR and AP Management
Monthly and Year End Closing Assistance.
Accountant Staff Training
Our Cash Flow Management service allows you to know, through planning, when, where, and how your cash requirements will occur; know what the best sources are for meeting your business cash requirements; and allows you to be prepared to meet the current needs and the ongoing needs, of the future, when they occur.
A cash crisis can be emotionally devastating and it can even kill your business. If you've ever had to beg, borrow and steal to cover tomorrows' payroll you know what we mean. The starting point for avoiding a cash crisis is allowing us to develop a cash flow projection plan for you. We can develop both short-term and long-term cash flow projections to help you manage daily cash, and to help you develop the necessary capital strategy to meet your business needs.
Creating an accurate short-term and long-term cash flow projection, and maintaining it, is just one of the many cash management services we can provide. You also get help obtaining an appropriate line of credit, guidance in cash collection techniques, and help obtaining the maximum rate of return on your cash.
Our Cash Flow Management services can include:
Conducting a detailed review to determine how the cash flow position can be improved for accounts receivable, inventory and purchasing requirements
Preparing short-term and long-term cash flow planning spreadsheet reports, including instruction in the use of these reports as a tool for daily operations
Demonstrating the methods to improve the collection process of accounts receivable
Reducing the time required for the lender quarterly examinations, resulting in a savings to your business
Strategic cash planning and analysis
Creating a compelling, executable Strategic Business Plan is the single most important thing that a small business owner needs to do. At DeSmidt Consulting, Inc. we can help you develop a business plan to help you grow your business, minimize expenses and develop strategies to improve your competitiveness in the market place.
A Strategic Business Plan is more than a tool to obtain financing. If you have all of your plans and ideas in your mind then preparing a strategic plan helps you clarify your company's direction, and keeps both management and staff focused on the tasks at hand.
A Strategic Business Plan is often needed when starting a new venture, product or service; expanding a current organization; buying a new business, product or service; or turning around a declining business. The perspective gained through your Strategic Business Plan can make a significant contribution to your company's success, and help you get the funding that you require. In fact, most lending institutions and private investors will not even talk to you without a solid financial plan.
Working with us for your Strategic Business Plan allows us to:
Identify and describe the target customers of your new venture, product or service
Identify the objectives to be achieved within a stated time period
Develop marketing plans with implementation timelines
Develop staffing plans to include the expertise needed
Develop management plans to include descriptions of management systems and timelines for implementation
Develop financial plans including projected startup costs, operating costs, revenue, profits, and break-even analysis
Identify building and equipment requirements including vendors and cost estimates
Develop the criteria for measuring the achievement of objectives