Services
Turnaround Consulting and Crisis Management Services
The COVID-19 Crisis is causing many businesses to lose their lines of credit, some are unable to afford payroll, getting behind on paying their bills and vendors, and others are on the verge of closing their doors forever.
A corporate turnaround will implement best practices that force profitability and manage profitable growth. We help struggling companies overcome insolvency through financial and management reorganization. We take an aggressive approach to quickly return a business to profitability.
We will work with you to quickly:
- Improve cash flow, stabilize operations
- Restructuring of Debt or Renegotiation of Payments
- Meeting and/or Negotiating with Banks, Financial Institutions, Vendors and Landlords
- Explore strategic options for your successful business turnaround
Financial Review and Analysis
Financial analysis requires the evaluation of key financial performance indicators so that the strengths and weaknesses of your business model are identified, and appropriate adjustments can be made. Strategic Advisory will test these KPIs against industry standards to provide comparative benchmarks helping to spot trends and aid in the design of a response to support maximum profitability.
Profit modeling allows the client to manipulate the controllable forces impacting operations and product sales and adjust for maximum profit potential. These tools will give you the vital information necessary to quickly adjust strategies that are underperforming and support profitability.
Whether it involves decreasing payroll and adjusting sales commissions, or increasing marketing and internet sales, looking at each month’s numbers can help you determine what adjustments are necessary to improve upon last year’s numbers. Utilizing a 16-week cash flow forecast, we will guide you in making better financial decisions in real-time.
Business Debt Elimination
Lower than normal cash flows and heavy Debt Payments will distress any business. Formal or Informal Reorganization offers the rational and ethical path to preserving business value in the face of insolvency. The goal becomes Eliminating debt while preserving the business.
Whether you are a small business owner or a CEO of a complex organization, reorganizational fundamentals create a controlled pathway to the resolution of business debt.
Preserving value that would otherwise be lost to bankruptcy or failure creates a win-win for all parties. By result, business debt is eliminated while personal guaranties are reduced to an acceptable loss.
Succession & Exit Planning - knowing when and how to sell your business
For those clients that may be considering selling or transitioning the management of their business or might be preparing for retirement. Regardless of the reason why, you will want to make sure selling is the best decision for you, your family, your business, and your employees.
We can create a roadmap that enables you to maximize profits and leave your business on your own terms. The best deal will be structured on a strategy including timing, financial performance, systemizing operational efficiencies, creating a due diligence package, and generating demand amongst potential buyers.
Preparing your business for sale can be hectic and time consuming. Whether triggered by an unplanned event or other constraint, you will want to employ a systematic approach.
Many deals that fail to close do so during the due diligence process. We will prepare all traditionally viewed due diligence items into a package before listing the business for sale. The ability to quickly provide all relevant information immediately after signing confidentiality agreements with potential buyers is what leads to good selling prices and motivated purchasers.
When you are ready, we can help you to maximize your overall returns and to achieve your personal objectives.
Profit Improvement Through Strategic and Business Planning
Strategic planning is important to an organization because it provides a sense of direction and outlines measurable goals. Strategic planning is a tool that is useful for guiding day-to-day decisions and for evaluating progress and changing approaches when moving forward
A powerful strategy is the best antidote to competition! A good Strategic Plan will define your unique value proposition and identify the strategies that will allow the business to grow and succeed. This process includes an understanding of the market, competitive research, an assessment of your company’s capabilities and identifying external industry forces that may impact future performance.
Whether your company is driven by a desire to expand into new markets or simply to navigate through dire economic or competitive circumstances, together we can create an actionable and transformative and sustainable strategic business plan that will get you there.
Florida CFO Group
Cash Management, Accounting & Financial Services
Founded in 2010 the Florida CFO Group provides CFO services and support in raising growth capital, mergers and acquisitions, recapitalization, or structuring to meet ongoing opportunities to Florida’s growth companies.
The Florida CFO Group’s partners have been providing CFO services on a fractional share (part-time) or interim basis over the past decade and specialize in cost-effective financial reporting, budgeting, forecasting, controls, and financial management.
Managing finances is not always the most alluring part of owning a business, but it is fundamental for success. By implementing best practices and better tools we enable you to achieve better financial control and tangible results in the form of more cash.
By helping businesses better understand when, why and how the cash flows in and out of their companies, our clients may also rely on our advice for short-term and alternative lending solutions.
Strategy. Planning. Execution.
Most people assume that the hardest thing about ‘Strategy’ is the planning. Execution is what sets good strategy apart from the rest.