Clarifying Your Business Vision

Without a clear identity a business can flounder. Without a destination, there is no knowing if a given strategy will achieve its intended purpose. A big mistake that small and medium-size enterprises make is that they lack a clearly articulated and communicated vision. We will assist you in developing a vision of what the future of your business should look like. All planning and strategizing should be based on this vision so it is important to get it right, get it in writing and get it communicated to those who will be expected to help in its achievement.

Business Plans -A Gameplan for Achievement

A business plan is a written document that describes the business, its history, its goals and the plans to achieve those goals. They are often produced when approaching investors or lenders for financing. Unfortunately they spend most of their time in a drawer or a file cabinet once the investment or loan is received. A business plan should be a living document, a tool to assist management in decision making. We’ll help you write a business plan that will assist you with its traditional fundraising purpose, but more importantly, we’ll help you write a business plan that will guide you and your team in achieving your goals.

Cash Flow Planning – Assuring Survival

Cash is king. Profitable businesses fail all the time because their cash flow fails them. Preventing cash flow crisis is a product of planning and strategy. Knowing early on when a cash flow problem may arise in the future is critical to allow the business time to take steps to prevent the crisis from becoming reality. We’ll assist you in creating meaningful cash flow projections and provide you with strategies to improve your cash flow so that your business can grow.

Budget Development

Every business should be measuring its progress against some sort of standard. The best standard is a standard a business sets for itself, the budget. When a meaningful budget is prepared and implemented, actual results can be compared with it, and steps can be taken at that time to address the issues raised by such a comparison. When a budget does not exist, decision making and action is slowed and often business resources are needlessly wasted. We can help you develop and implement a budget that will give you the real time analysis that small and medium sized businesses desperately need to succeed.

Is your business headed in the right direction? Do you have a clear sense of your future? If you think you might need assistance in developing a clearer path to your business goals, schedule a complimentary one-hour session with Larry Rice, Director of Strategic Consulting. Larry can be reached at larry@rodmancpa.com or by phone at 617.965.5959.