Cash! (Cash Flow Modeling, Banking Relationships, Funding Events) Projecting how much cash your company will generate (or how much it will use) is critical in all aspects of planning. Managing and deploying cash for the best return is vital. We can help model the financial performance of the business so you can proactively plan for your cash needs. If you need to work with your bank, or if you decide to take on additional investment dollars, we help prepare the presentation and go along with you as your “CFO” to present information and provide confidence in your company and its staff. Strategic and business planning allows you to define what success will look like. The strategic and business planning process includes a budget for the P&L, balance sheet and cash flow. Key relation-ships between the numbers are identified, analyzed, and measured to ensure your company is improving. |
Working Capital Improvement Once the planning process is underway, identifying areas for improvement is a natural extension. At Spyglass CFO Services, LLC, we focus on ways to improve cash first and foremost. This includes analyzing working capital and identifying steps to improve your balance sheet efficiency. Margin Improvement and Expense Reduction Another key process within the planning process is to identify methods to improve margins and reduce expenses. With over 15 years of experience in a variety of business environments, we know the steps to evaluate spending, identify areas for reduction or improvement, and implement changes to make sure goals are realized. Financial Statement Preparation and Analysis Measuring how you did is key to not only the management, but also to banks, partners, investors, etc. Spyglass will evaluate the month-end closing process and insure that the necessary changes are made to not only “get the numbers out”, but also to understand what happened, why it happened, and how will it affect future results. |
Internal Controls It’s not a very exciting area to discuss, but the integrity of your business depends on its internal controls. It sets the tone for integrity within the company, affects the accuracy of your results, and protects you from theft! Spyglass can evaluate the controls in place and make recommendations for changes to strengthen the procedures in accordance with staffing levels. Insurance and Risk Management Spyglass has deep experience in identifying busi-ness risks and determining the best methods for mitigation of such risks. We utilize long standing relationships with a variety of insurance brokers in order to find the most costs effective way to make sure the risk is adequately covered. |