Are you missing key performance targets or having a difficult time managing rapid growth?
Are you losing key customers to a new competitor or lack needed value-added product or services?
These are signs that it's time to take a disciplined approach to strategic planning.
Doing things the same way year after year may feel comfortable, but it could be a sign that your company's processes have grown inefficient or just plain obsolete.
We've all looked for something only to find it was right in front of us the entire time. Trying to find areas of your organization to improve can be the same way.
Distressed companies face an uphill battle when determining strategies for restoring profitability. To address financial and operating difficulties, it's necessary to take swift, appropriate measures.
We believe that businesses do not plan to fail, they fail to plan.
Individualized Customized Services Based Upon Your Needs
Do you deliver a quality product of service to your customers? That is what your customers are expecting.
Simply saying that your operation is a quality company or that you offer a quality product or quality service, doesn’t attract attention anymore.
To achieve quality you must deliver the expected product or service on time, at the lowest cost.
You must do what’s desired to meet customer expectations.
Most companies aren’t even aware if they meet these objectives.
Business Needs, Inc. can help you.
We will assess the quality of your products or services.
We will review the quality of the policies and procedures that go into making or providing them.
We will review the ways you work with your customers, beginning from the initial consumer contact.
We will continue that process through the development, sale and follow-up customer service.
Our assessment will compare your current practices with internationally approved standards.
We will then develop specific recommendations for your business, and implement them to give the results that you want, and that you need.
Why Business Needs, Inc. ?
Our approach centers on identifying the driving force behind your business, and is designed to stimulate strategic and creative thinking, evaluation, and recommendations for proactive growth options.
How We Help You:
Benefits from Analysis includes:
- Improve productivity
- Reduce costs
- Control profit
- Establish accountability
- Consistent quality
- Government compliance
Analysis is an excellent way to find your:
- Strengths, weaknesses, opportunities and threats
- A review of the current mission to either reaffirm or refine your company’s basis purpose
- Break-Even Point
- Key Operating Ratios
- Cost Control Effectiveness
The Preliminary Analysis
Business Needs, Inc. conducts a detailed Business Financial and Tax Analysis that outlines every success and every potential problem area within your company.
Our Analysis digs deep into your processes-reviewing your company's history, financials, organization, control, policies, procedures, profits, tax liability, and more.
All aspects of the review are then discussed with each client.
The analysis is complete only when you are satisfied that all areas have been explored and all successes and problems are completely defined.
At that point, all problems and our recommendations for their correction are discussed, allowing prospective clients to make an informed decision as to how to remedy the situation.
A detailed analysis for a variety of business types, including:
- Manufacturing: We'll examine labor costs, materials costs, plant layout, overhead, production control and other major factors to create more profitable operations.
- Retail: We'll devote added attention to your floor space, layout, counter methods, merchandising and inventory turnover.
- Service: We'll study your requirements and evaluate your management plan, giving particular attention to your service procedures, expense control, profit structure, accounting methods, employee compensation and productivity. We'll also review your purchasing, inventory and other control factors.
- Quality: We'll examine quality assurance systems and management to help keep your company committed to quality processes and procedures. Special attention is given to documentation, procedures, training, quality review, and management awareness. Assessments can also be made of your business' readiness for ISO 9000 registration.
The Business Financial and Tax Analysis
(Contribution and Profitability Analysis)
Most businesses have reporting systems that measure the overall financial performance of the organization. But these reporting systems often fall short in their ability to provide financial performance data for specific business segments of the organization.
Without this critical information, it’s difficult for management to determine where resources should be allocated to maximize profit
A Cost and Profitability Analysis helps to provide this important data. This type of analysis not only serves as a tool to make more informed decisions, but can also identify ways to improve business processes.
Why Business Needs, Inc.
We understand you face unique challenges in measuring the financial performance of your organization. With this in mind, our approach is tailored to suit your particular needs.
How We Can Help
At Business Needs, Inc., we have extensive experience with contribution, tax, and profitability analysis. We use cost accounting techniques to identify direct costs associated with specific segments of your business and calculate the dollar amount that each segment contributes to your overhead and profit.
In addition to reviewing your financial statements, we work with you to gain an in-depth understanding of your business and its systems.
We also develop a micro-based spreadsheet model that incorporates facts and assumptions into a financial analysis tool you can use repeatedly.
Our approach to contribution and profitability analysis helps determine:
- Unit sales and revenues by segment
- Direct material costs
- Direct labor costs
- Variable overhead (including variable selling expense)
- Direct fixed costs
A contribution and profitability analysis has several benefits, including:
- Identifies the extent to which major business segments contribute to company overhead and profit
- Provides a method for management to compare performance of business segments and assess a product's return on investment
- Allows management to estimate the profit potential of new business opportunities
- Helps to improve business processes and operational effectiveness
The analysis helps take some of the guesswork out of predicting financial outcomes. Through our approach, you view various business alternatives in a "what if" format. The benefit of this approach is you have the necessary information to make an informed business decision.
And our approach is flexible. Depending on your needs, our services range from developing a comprehensive financial projection model to reviewing and evaluating your financial information.
Our assistance is designed to:
- Gain an understanding of your business plans
- Analyze historical data
- Review and evaluate your financial information and offer additional assistance with your decision-making
- Facilitate your financial analysis of key decision parameters
- Gather information to prepare the financial model or analysis, which includes asking questions about your expected operations and interpreting this information for the financial model
- Develop a financial model.
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Business Needs, Inc., can help you.
We will assess the quality of your products or services. We will review the quality of the policies and procedures that go into making or providing them. We will review the ways you work with your customers. We will continue that process through the development, sale and follow-up customer service.
Our approach centers on identifying the driving force behind your business, and is designed to stimulate strategic and creative thinking, evaluation, and recommendations for strategic growth options.
CALL TODAY TO SCHEDULE YOUR BUSINESS ANALYSIS.
WE WILL WORK WITH YOU, FOR YOUR SUCCESS
WE GUARANTEE IT! (602) 595-5210
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Atmosphere Solutions, LLC