Making Cost Cuts
Strategic cost cuts are largely easier for consultants to make than for the business owner or manager.
An outside source has no emotional ties to the business. Your outsourced CFO can be more effective at making cuts because:
They’re more objective. Where managers or teams may have an interest in particular initiatives, outsourced CFOs have no cost-cutting biases. Our decisions are based on data and experience alone.
They’re more analytical. Cost-cutting isn’t a simple “big numbers bad, small numbers good” game. To achieve sustainable cost reductions that drive company goals, thoughtful consideration, analysis, and objective decision-making needs to happen.
How much financing do you need? What combination of debt and equity will help you achieve your growth outcomes? An outsourced CFO can help you answer these questions and determine what capital structure is best for your organization.
Cash Flow Analysis & Restructuring
Cash flow is the largest challenge businesses face. However, solving cash flow issues involves more than just simply bringing in more revenue.
Knowing which expenses are essential for your organization’s growth and which can be let go or modified is crucial. We take a deep dive into your financials to figure out how to maximize your bottom line. This may include:
- Renegotiating vendor contracts
- Restructuring client contracts
- Ensuring pricing is aligned with company & industry trends
- Attributing costs to revenues
Facilitating Mergers, Acquisitions, & Exit Strategies
Whether you’re going through a merger, acquisition, or asset sale, outsourcing services may include:
- preliminary analysis
- advising key team members during the sales process
- preparing relevant documentation