Are You Ready for an Adventure?

Our job is to help our clients make more money ... and have more fun.  We are their problem-solving, business building "partner".

Our clients are the experts at the technical side of their business.  We are the experts at the financial, marketing and operational sides of a business.  We succeed together--each doing their part.

Our focus is to help clients solve the problems that steal profits and cause owners to have ulcers.  Here is what we can do for your entrepreneurial company ...

  

  

Controllership/CFO Services

Clients receive the services that are usually provided by a chief financial officer for a fraction of the normal cost.  We review the work of internal bookkeepers, make necessary adjustments, analyze the information and help communicate it to management in plain English.  We also make recommendations in areas such as improving the profit, reducing expenses, improving cash flow, maintaining effective banking relationships, and reducing the income tax bite.  Also, for many clients this service would include the following areas, as needed:

 

Financial Forecasting.  We assist with forecasted balance sheets, forecasted income statements and forecasted cash flow (or working capital) statements.

 

Design Cost Accounting Systems.  We will accumulate relevant costs and develop formats, content, timing, and frequency of reports that cause rapid awareness of variations from client plans.

 

Organizational Development.  We help develop working relationships and systems that yield results.

 

Manual Accounting Systems and Internal Control Reviews.  We will help assess general system effectiveness and work with client personnel to improve quality.

 

Design Management Reporting Systems.  We will develop formats, content, timing, and frequency of reports that cause rapid awareness of variations from client plans.

 

Computer Hardware and Software Selection.  We can provide objectivity and common sense in defining computer requirements, reviewing alternatives, and insuring communication between clients and providers of equipment and software.  We will also train employees in proper use of computers.

 

Product Line Profitability Studies.  We will help identify relative profit contribution by product line to better guide marketing programs, product choices, and product/service pricing.

 

Operational Auditing.  We will review the management control system for effectiveness.

 

Employee Recruiting.  We will help establish clear definitions and selection criteria for employee positions and, when applicable, place ads, screen resumes, and do the initial interviews.

 

Tax Planning and Preparation.

 

 

Improvement Strategies For The "Under-Achiever" Company

We have developed a results-oriented management system that focuses the actions of all employees to those areas that will bring the company back on target.  We help clients:

• Identify clearly what management expects the business to accomplish.

• Develop a clear and dominating business purpose.

• Determine, in precise terms, how far off-target the company is currently.

Profitability review

Operational review

Personnel evaluation

Market position analysis

• Help management formulate and take corrective actions.

• Identify the specific actions that are critical to accomplish the objectives and help management assign responsibility to the appropriate personnel.

• Develop a feedback system to monitor each critical success factor.

• Communicate performance standards to employees.  Formulate a feedback system to evaluate and rate employee performance.  Develop a system to reward superior performance.

 

 

Assist In Obtaining Traditional and Non-traditional Financing

Woods & Company offers technical assistance in writing business plans, identifying funding sources, marketing financing proposals, and negotiating financing terms for entrepreneurial businesses.  We aid these businesses in the process of seeking both initial and secondary rounds of financing.

 

What separates us from other sources of capital?  It’s our Investor Database.  This is a group of individuals and funding organizations with whom we have a close, ongoing relationship—they are ready and able to fund ventures and projects that make economic sense.

 

We have found that companies who have completed a detailed business plan have, by far, the best chance of obtaining financing.  Most lenders and investors have come to expect the quality and completeness found in our professionally developed plans.  We utilize a Workbook for Writing a Business Plan which helps the business owner write the plan and then secure financing.  Using our methodology will not guarantee financing.  However, investors, bankers and venture capitalists look for the business owner’s continuity of thought and for the opportunity to get excited about a new business venture or a major new expansion.  The business plan should “sell” investors as well as serve as an operational manual for long-term business success.

 

We can:

• Help you produce a sales oriented, yet operational business plan for their company.

• Show you How and Where to get Traditional and Non-traditional Financing.

• Help you negotiate the best terms for your financing needs.

• Get the financing done quickly.

 

Whether it is a “start-up” company or an existing entity, we can facilitate its future growth.  If someone you know needs this kind of assistance, we would be happy to meet with them for an initial, no-charge, meeting.  As you know, in today's environment having the right financing is a factor that is critical for success.

 

 

Operational Business Planning

We have developed a simplified business planning system specifically tailored to the needs of small businesses.  This highly effective system sets internal performance targets that are critical to success and provides effective feedback to management.  The system avoids much of the cumbersome details associated with other planning methods.

 

 

Crisis Planning For The Financially Troubled Business

We have developed a proven system for restoring financial well-being to company's in crisis.  Each situation is different, but many include these areas:

• Identify the extent of the crisis and urgency of the situation

• Determine the company's strengths and core problems-

Profitability review

Operational review

Personnel evaluation

Market position analysis

• Help management formulate and take corrective actions

• Formulate sensible approaches to cost cutting

• Limit the cash drain

• Rebuild cash reserves

• Restructure existing debts

• Assist in attracting traditional and non-traditional financing

• Provide relevant information to the company's attorney on a timely basis

• Provide interim crisis management services

• Develop a "redirect and grow" plan

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