Part-Time CFO Services
Many small businesses can benefit from a knowledgeable CFO but simply can’t afford
one. A CFO will help find growth opportunities for the company. Outsourcing CFO
functions with EBS can make a huge difference in your bottom line and ensure
compliance.
Our experienced CFO will provide the following services:
- Cash flow management: Cash is King!
- Budget preparation: No plan is a plan to fail. (“If you fail to plan, you are planning to fail” – Benjamin Franklin)
- Profit growth strategy
- Firm value enhancement
Advisory Services
At EBS, we consult with companies to solve specific financial, operational and
marketing problems. We also provide business coaching to help owners and managers
set long-term personal and business goals, monitor results, and improve their quality of
life while growing their businesses.
According to statistics from the U.S. Department of Commerce:
Every year over one million people in the U.S. start a business.
By the end of the first year, at least 40% of them will be out of business.
Within five years, more than 80% of new businesses will have failed.
Many business failures are caused by faulty assumptions about running a business.
Perhaps the most dangerous assumption is that if you understand the work of a
business, you understand how to run the business that does that work.
Our approach is highly personalized and designed to teach companies how to run
profitable businesses. After meeting with our clients, we determine together what type of
services, consulting or coaching, may be needed for business owners and managers to
move their companies and lives forward.
We understand that all businesses need help at various times. Even well-run
organizations encounter difficulties adding a new product or service, changing
marketing strategies, writing business plans, or compiling the information needed to
obtain credit for expansion. Some businesses grow too fast and others not quickly
enough.
Our Consulting Services include:
- Business Plans
- Business Management
- Customer Service Strategies
- Business Start-up
- Employee Training and Development
- DCAA Compliance
- Adding Products, Services and Locations
- Changing Accounting Systems
We coach business owners and managers by drawing on our education, training and
experience in running businesses. We provide support and advice to help business
leaders recognize potential growth, set benchmarks, and implement strategies to
improve business performance. We teach companies how to strengthen leadership and
decision-making skills, and we show managers how to improve employee training,
development and accountability. We help business leaders create a teamwork-oriented
work environment, and teach them to monitor progress by analyzing financial and
customer feedback. Most importantly, we help business owners learn to “work on their
businesses” instead of “in their businesses.”
When is Coaching Needed?
Many business owners believe that coaching is needed only when a company is
performing badly or when specific problems like employee retention or productivity need
to be addressed. However, proactive businesses interested in excellent performance
and achievements recognize the benefits of coaching even when their companies
appear successful. Coaching offers a fresh perspective, expertise, and the guidance
that can make the difference between owning a business that makes a living and
owning a business that helps owners reach their life goals.
Here Are Some Signs That Your Business Can Benefit From Coaching:
- You have to be at work – all the time.
- You feel like you have a job with too much overtime and no bonuses.
- You thought owning a business would be more fulfilling.
- You can’t control the amount of work that needs to be done, so you are thinking
of getting smaller. - You view your business in parts that make up a whole.
- You don’t know how your business fits into your lifetime goals.
- You worry that you’ll have nothing to show for all your hard work.
- You could make more money working a regular job.
- You spend most of your time doing the technical work of your business.
- You have good intentions, but never reach the goals you set.
- You don’t know how to get the help you need.
We Provide Hands-On-Help
Unlike many business coaches who have little or no business experience, we bring
years of line and senior-level management experience. We are veterans in the fields of
accounting, marketing, sales, and business planning. Our experience and training in
coaching techniques make it possible for EBS to partner with businesses to improve
performance, increase the bottom line, and ultimately, help owners regain their
entrepreneurial vision.
Coaching is provided in a number of ways including:
- One-on-one training and meetings
- Practice, discussion and evaluation
- Group coaching sessions for management
- Large scale seminars, as needed
After an initial fact-finding consulting, we meet with clients regularly to review financial
statements and other feedback, discuss performance and progress, and revise goals
and benchmarks.
What is the Goal of Coaching?
At EBS, the ultimate goal of coaching is to help individuals or businesses develop the
habits, structures and goals to achieve success. As a certified small business coach,
Denise Robinett works with business owners and managers to develop the skills,
knowledge and attitudes to improve their businesses.
Most business owners need change in their lives: a better balance of work and home,
more fulfilling work, a sense that daily tasks are getting them where they want to go. At
EBS, we know the pressures and possibilities of business. Our goal is not only to help
business leaders see the possibilities, but show them how to turn possibilities into
measurable, sustainable achievements.