What it means to have a strong CFO consulting advocate on your side

Meeting sales goals isn't enough. Having a strong financial acumen and organizational operating expertise equals both profitability and sustainability. Understanding how to leverage revenue, liquidity, and profitability to evaluate and improve your business is a critical piece of effective financial analysis. While most business owners will pore over their company’s financial statements, which is a good start, it’s not enough to adequately assess and forecast a business's future performance. This is why so many BSW & Associates clients have enlisted our CFO consulting services to help maintain financial and operational success. Our CFOs work closely with your executive leadership team and board of directors in providing solid strategic expertise and financial leadership. We leverage our experience and documented best practices with flawless execution. Whether you are seeking the services of our CFOs, controllers, or accounting managers, achieving your business goals goes beyond sales metrics; it’s about being forward-thinking. It's knowing how sustainable your business will be in the future and seeing it flourish.

What our Consulting CFO Services can offer your business

Executive Financial Management Support

Executive management helps to set and clarify strategic objectives and expectations in a crystal-clear way so that the project is executed and delivered in line with strategic objectives and serves the overall business purpose. Organizational/strategic objectives can be to increase market share, maximize profits, set new trends, leverage technology for business success, or create an innovative product. BSW & Associates CFOs partner with your management team to bring the following deliverables:

• Improved profitability through revenue growth and expense control
• Improved accuracy and timeliness of financial reporting to all stakeholders
• Extensive internal audit experience to implement proper internal controls
• Financial statement preparation and analysis
• Cash Management
• Cash forecasting and developing key business performance indicators (KPIs)
• Budgeting implementation and oversight
• Financial Planning and Analysis (FP&A) and Operational expertise
• Treasury / Cash management

Transformative Company Oversight

You need to understand sources of organizational value, whether they’re strategic, operational, or foundational. Do you have the discipline to add one area while cutting another? Our CFOs and finance professionals can help your company create an impact that leads to successful financial execution. Let our Transformative Company Oversight strategy get your business to growth and profitability. We align our strengths to set your company in a new direction as we work with you side by side in the following competencies:

• Business plan development
• Capitalization strategies
• Evaluating business opportunities
• Work with your executive team on strategy
• Target clear business process objectives
• Cost efficiency in planning for growth
• Corporate Financial Governance
  

Organizational "Right-Sizing" & Turn-Arounds

Fundamental shifts in the marketplace, technology, upstarts, and customer preferences are impacting your core offerings and disrupting your industry. Your business was performing well over the past several years, but thanks to a recent convergence of circumstances, you’ve lost your competitive advantage and you don’t have a clear plan for a profitable return. You need a skilled partner to help you tackle a turnaround with a structured approach. BSW's CFO consultants can help your organization define the necessary levers to make a full turnaround. Our strategies are rooted in redefining a vision for growth, leadership, and investments in new capabilities with these evaluation techniques:

• Revenue Optimization
• Value Realization
• Operating Model Transformation
• Supply Chain Excellence
• Organizational Design
• Organizational Effectiveness
• Capital and funding options evaluation
• Risk management evaluation
• Competitor and market analysis
• Vendor management

Strategic Management Consulting Services

It’s never too late to develop a plan of attack for your business’s growth. Our experts at BSW & Associates have helped countless companies just like yours, and we’re happy to help you succeed as well. When you’re ready to see your profits increase, our business financial consultants are happy to help. Contact the experts at BSW & Associates today for a consultation or take things a step further and complete your business profile survey to help us review your goals.

Operational Business Plan

An operational business plan outlines (in detail) your daily business operations for one year. You’ll also need an outline of your company’s objectives, goals, procedures, and timeline. Sounds pretty straightforward, right? Not so fast. Choosing the right KPIs for your business can make or break your Operational Business Plan, so we’ll focus on essential goals and leading indicators to come up with your optimal plan. It takes practice to make sure you’re covering every nook and cranny in a business. That way, you end up with a realistic operational business plan instead of a “good guess.” We’ll help you allocate human, physical, and financial resources to reach your short-term objectives. When you consistently meet your objectives, your long-term business plan becomes that much more attainable. When your company has a solid operational plan, your managers and employees will have a better understanding of their specific obligations and how they should complete their projects within a certain timeline.

Operational and Financial Exit Strategy

The point of a financial strategy is for entrepreneurs to have a way to recoup any money they’ve put into starting their business—and it’s often a lot of money. If you’re a startup looking for angel investing or something similar, it’s especially a good idea to have an exit strategy in place.

Financial exit strategies come in a couple of different shapes and sizes. Typically, small businesses look to grow and then become acquired. But you can also have a strategy to sell your equity or have a management or employee buyout. If your business is successful, you could end up making a substantial profit from the venture.

On the other hand, a financial exit strategy allows entrepreneurs to limit their losses if their company is struggling to make money.

BSW & Associates' strategic management consulting services can help you figure out what type of financial exit strategy is best for your company. We’ll consider your industry standards and goals when collaborating on a plan. Ask yourself the following:

• How much control do you want to retain within the business?
• Do you want the company to be run the same way after your departure?
• Are you willing to see a shift in management, provided you’re paid well to move on?

Your answers to these questions will help us narrow down which type of exit strategy is best suited for your needs.

SWOT Analysis

A SWOT analysis can help your company in ways you wouldn’t expect. Chances are you’ve heard of a SWOT, and you may have even tried creating one. But do you know how to utilize one properly? At BSW & Associates, our goal is to help you identify opportunities your business could take advantage of to make higher profits. At the same time, we’ll help you figure out your weak points, putting a plan in place to overcome those obstacles. What do you hope to gain from taking a look at your company’s strengths and weaknesses? We’ll start by deciding on objectives for your SWOT analysis. To see where you stand amongst the competition, we’ll help you with researching competitors, as well as your industry’s standards. Once we map out the SWOT, we’ll walk you through prioritizing your findings.