With the diagnosis complete, we then have a face-to-face discussion with you, detailing the implications of the valuation in various areas. We go through a full inventory of every element that is enhancing the value and every element that is undermining the value of your business. This is a very productive process, uncovering aspects of operation that are value leaks, leading to long-term losses in the form of diminished business value.
For example, while tax minimization is a valid objective of accounting policy, the value losses caused by some of these decisions may not be worth the short-term tax benefits. However, the impact of this consulting is often more immediate, leading to improved risk reduction (in various forms), earnings, and cash flow. For example, an issue pertaining to employee compensation or capital structure can yield immediate financial benefits while an issue pertaining to industry trends and competition can yield near-mid term financial benefits.
With the inventory complete, we then proceed to identify which of these issues rank highest in terms of your priorities and preferences. We then proceed to customize a program that suits your objectives, timeline, budget, and lifestyle. Through the program, we help you implement the changes that will position your business for higher value while stopping the value leaks identified during the diagnostic phase. The first step in this process is an action plan regarding the targeted issues. Then, we help ensure complete implementation and help monitor follow-through and progress.