Owning a business can be the most exhilarating time in one’s life.
The prospect of success is the driving force behind each business; whether it is a startup or a mature company that has been around for decades. Even acquiring or preparing to sell a business can be exciting with the right support. Eagle CFO Consulting helps make the process as smooth as possible, enabling you to make informed decisions and achieve success.
There are many “Good” companies that need and want to become “Better”, and at the same time we assist in making the “Better” companies the “Best” in class.
Wise business decisions rely on outstanding information, real world experience, as well as expertise. That is exactly what you get with Eagle CFO Consulting on your team.
Building strong relationships and a cooperative team for our clients is our top priority. As our client, you can rest assured that you can bring any of your existing advisors whom you trust to join our team. We want the best team possible for your business, which includes the resources at Eagle CFO Consulting, along with our trusted supplemental advisors.
Whether your business is in the startup phase or is an established company looking to grow and improve its overall value, Eagle can help you. You’ll get the financial expertise, experience, and commitment you need in order to overcome your business challenges and succeed, in preparation for retirement or the third act of your life.
Eagle will take you beyond the numbers and enable you to make sound decisions. Please take a few minutes to discover the untapped opportunities and value in your business by clicking on the link below. It’s free and you will receive an initial summary report within minutes.
Let’s talk about your needs and how we can assist you in achieving your dreams.
Please set up an appointment today by sending us an email, or call (702) 451-3250.
“Surround yourself with the best people you can find, delegate authority, and don’t interfere.”
– Ronald Reagan
Charles A. Mohler – “Chuck” – has almost 25 years of experience in business operations, financial consulting, real estate, as well as trust deed investments. Beyond being a Certified Public Accountant, Chartered Global Management Accountant, and a Certified Exit Planning Advisor, Chuck is well respected for his dedication and desire to serve his clients above and beyond their expectations.
What are all of those designations? Do all of those letters even matter?
“You cannot afford to wait for perfect conditions. Goal setting is often a matter of balancing timing against available resources. Opportunities are easily lost while waiting for perfect conditions.”
– Gary Ryan Blair
Growth refers to a company’s top line revenue, whose strength means your company has a history of consistent growth greater than its competitors, coupled with projected, future revenue growth above the market’s rate.
LARGE POTENTIAL MARKET
The larger the market (tapped and untapped) the more attractive it is because it represents more opportunities. However, being a leader in a smaller niche is also attractive. Even if you have a true competitive advantage, a growth market is almost always favored.
DOMINANT MARKET SHARE
Your company should control a high portion of the available market relative to its competitors. If your company sells products or services in more than one market, focus on your primary market, or the market that is most fundamental to the success of your company.
A key component of business value is the degree to which it can generate recurring, profitable revenue. Contracts or other firm commitments are the best way to guarantee future revenue, but other examples include a long-term lease on a high traffic location or a strong loyalty program.
BARRIERS TO ENTRY
Significant obstacles (which could include legal, capital, and/or market barriers) facing a new entrant into your company’s market can increase the value of your business.
Your company has the ability to deliver on the sales promises made to the marketplace and to do it in a systematic and process-driven manner.
Your company has greater value if it has a product/service with unique characteristics that provide a competitive advantage. A unique product or service that customers prefer will keep them coming back to you instead of your competitors and may provide higher margins.
A strong brand name that resonates with your customers can add significant value to your company. Your company benefits from a recognizable brand that reinforces the business’ presence in the marketplace and supports the company’s objectives.
Margins are simply a measure of how efficiently you make money. The more your company enjoys gross and net margins greater than the industry your margins, the more valuable your company.
Your company benefits from a well-diversified customer base. Valuable companies have many different customers including long term customers, new customers, and developing customers and minimizing risk by avoiding putting all your eggs in one basket (or just a few baskets).
An easily understandable company is a valuable company – customers, employees and partners can quickly “get” what the company is all about. Stakeholders should be able to easily obtain a holistic understanding of your company including your company’s performance, practices, culture, discipline, and mission.
All of your company’s financial matters are in order and you follow best practices. These include clean audits, readable financial statements, operating reports, and adequate tax, insurance, banking and risk strategies.
SALES AND MARKETING
High value companies have the ability to deliver on the sales promises made to the marketplace and to do it in a systematic and process-driven manner. This includes a thorough marketing plan, appropriate sales skills and technology, and accurate and timely marketing and sales information.
High company value derives from deep and long term customer satisfaction. Your company benefits from setting satisfaction metrics and tracking and using key measures to assure customer expectations are met at all levels.
Your company value is increased if it has a leadership team/individual in place to carry on the company’s vision and mission while helping the owner achieve his/her objectives. You should be able to execute a plan to run the company effectively for an extended period of time if the business owner was not available.
Your company value depends on it ability to hire, develop, and retain quality individuals. The right people can strengthen culture, ethics, customer relations, production, innovation and other aspects of operations, all of which can add to company value.
You have all legal matters in order, documented, and your company follows best practices. There are no claims for or against your company, you have a process to handle potential liability issues, you have contracts with key customers, suppliers, advisors, contractors, and employees, and you have agreements with all investors.
A deliberate innovation culture and processes are invaluable to create an ongoing competitive advantage and company value. You should have proven and systematic processes to drive and capture innovation at all levels and a way to leverage collaboration for innovation.
“All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work.”
– Calvin Coolidge