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Your Bottom Line Is Our Top Priority
Why do you need a financial consultant if you have an on-site accountant or bookkeeper?
Accountants and bookkeepers at emerging businesses are typically focused on keeping up with Accounts Receivable, Accounts Payable and Payroll. Accordingly, developing and executing a financial plan may take a back seat to “fighting fires” in these areas.
To achieve your business’s goals, however, the finances of your business need to be managed on a pro-active basis. As your financial consultant, our primary responsibility is to develop a financial plan and help your managers execute that plan.
Why do you need a financial consultant if you retain a CPA firm?
In addition to tax planning and filing, CPAs are trained in financial accounting and auditing. Their “scorekeeping” reports simply indicate where your business has been in the past.
But you need more than accounting scorecards to manage your business. You need professionals that can tell you where your business is headed. As your financial consultant, we analyze your business’s leading indicators to recommend actions that will enhance financial performance in the future.
Why do you need a financial consultant on a part-time basis versus a full-time basis?
Hiring a qualified CFO on a full-time basis is an expensive approach for an emerging business to get financial management support. A full-time CFO at a small- to medium-sized company is likely to end-up performing low value tasks—tasks that can be conducted by lower-level personnel.
Retaining the services of a qualified CFO on an as-needed basis is a cost effective approach to accomplishing financial analysis, planning and implementation. As your financial consultant, we leverage your staff (or our staff) so that time is spent on the high value processes.
What services does AMT provide?
Our services range from one-time financial analysis to continuous CFO support. Examples of our services include:
Growth Management
Your business is growing rapidly. That’s great, right? Not necessarily. Growth beyond a certain limit can eventually bankrupt a company.
We can determine this limit for your business and help you increase what is called your business’s Maximum Sustainable Growth Rate (MSGR). Additionally, we can determine the amount of funding (debt and equity) your business needs if you grow beyond your MSGR.
Cash Management
Shortage of cash is frequently a problem for high-growth firms. On the other hand, excess cash possesses a hidden cost.
Sound cash management policies and processes can help minimize these problems. We can determine the appropriate cash level for your business … and forecast your business’s cash flow.
Forecasting Financial Performance
Using accounting reports to drive a business are the equivalent of using the rearview mirror to drive a car. You need to know where your business will be in the next month and quarter, not the past month or quarter.
Leading indicators of your business can be established so you can anticipate your business’s financial performance. We can create an “instrument panel” that will indicate where your business is headed.
Evaluation of Major Expenditures
Capital expenditure decisions—typically involving large amounts of money—are hard to reverse if circumstances change. You need appropriate financial information prior to making these high-risk decisions.
Risk-return relationships can be determined for each major decision your business faces. We have the financial tools, knowledge and experience necessary to help you make these decisions.
Budgeting
As a business grows and headcount increases, managers are given more authority along with accountability. Accordingly, spending will devolve from the owner(s) to the managers.
Establishing a budget can help control spending by holding managers accountable to their monthly, quarterly, and annual plans. We help facilitate the budgeting process among the managers and their areas of responsibilities.
Financial Training and Education
As your business grows, more managers are charged to make good financial decisions. However, most managers are not trained in finance or accounting.
We conduct Finance & Accounting training programs so that your managers and staff have the basic skills to make good financial decisions. These training programs can be customized to fit your business.
Four Reasons to Choose AMT to Take Your Business to the Next Level
1) Broad Industry Experience
With more than 60 years of multi-industry experience, AMT consultants can provide you the benefits of highly qualified financial specialists without paying full-time salaries. To recruit and retain CFO-level people with this range of experience would be costly. By using AMT’s CFO services on an as-needed basis, you can harness the depth and breadth of our experience and pay for just what you need and no more.
2) Record of Success
Bringing our clients great return on investment in AMT’s CFO services is the ultimate goal of AMT. Contact us for testimonials from AMT clients.
3) Superior Communications Capability
Since financial information is useful only if it is understood and used wisely, simplifying the complexities of financial reports is essential for profitable planning. AMT’s consultants excel in communicating financial information to non-financial managers whose decisions have impact on the bottom line.
4) Outstanding Qualifications
In addition to vast industry and business process experience, AMT’s consultants have earned credentials that assure clients they are working with skilled and ethical people whose commitment to your success can take your business to the next level. Our education and certifications include those listed below. The right level of qualifications is put to work on each appropriate project AMT executes for your company for what you need, when it is needed.
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