Business Master Consulting
Cost Analysis & Budgeting
Many small businesses understand their primary cost structure but have difficulty in identifying and controlling soft costs. Business Master Consulting can analyze your business structure, workflow and overhead costs and provide you with mechanisms that require minimum input and produce maximum information for the management of these costs and expenses. Along the way, we make suggestions and recommendations to streamline your internal processes, cut overhead and improve overall profitability. 99% of the time, the savings we identify is sufficient to cover the cost of our services (within one year of implementation.)
Key Benefits
- Outside the box solutions for your most frustrating issues
- The right tools to manage your business without taking your focus away from your core business needs
- Identifying strengths and weaknesses and making recommendations to improve overall business health
Cost Analysis Continued
Capabilities
Our Management Consulting staff has been working with small business owners for more than 15 years, developing tools, procedures and implementations to resolve difficult business issues such as cash flow management, inventory control, Accounts receivable collection, production management and quality control, and staffing compensation and retention.
Overhead Expense Control
Develop tools to clearly identify overhead costs, break even sales volumes, and cost control mechanisms
Cash Management
Evaluation of Accounts Receivable turns, Inventory turns and Accounts Payable to maximize cash flow. Includes an evaluation of capital structure and sources of capital to meet cash flow requirements.
Management Training
Provide one on one training to help you understand your staffing needs, proper delegation of authority and responsibility, performance evaluation, the benefits of bonus and profit sharing plans as part of overall compensation, hiring, firing, documentation and resource utilization.
Procedure Manual Development
Evaluate current procedures, provide recommendations for improvement and commit revised and current procedures to easily followed written guidelines. Having written procedures shortens the training curve for new hires and provides reference material and guidelines for current staff. Job description development falls under our Procedure Manual development services.
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