Increase

  • Profit
  • Growth
  • Efficiency
  • Government Compliance

Reduce

  • Waste
  • Duplication
  • Tax Liability

Individualized Services at Very Affordable Prices

Call Today for Your Business Analysis

Tel: (602) 595-5210

Email: pdemos@businessneedsaz.com

Management


»   Start Up Accounting & Business Management       »  Financial Projections & Modeling      »  Financial Feasibility      »  CFO ON-Call      »  Financial Accounting Improvement      »  Operational Profitability Improvement »  Business Turnaround       »  Strategy Development       »  Marketing »  Annual Business Planning


Executive Management Financial and Tax Consulting Services

We at Business Needs, Inc. are focused on listening to your needs.

Our services are designed to help you succeed.

We assist you to Increase Profit Growth Efficiency Government Compliance and to Reduce Duplication Waste and Tax Liability.

We believe that Companies do not Plan to Fail, They Fail to Plan.

Companies today face a myriad of complex business challenges. To help navigate through these challenges, Business Needs, Inc., provide a comprehensive range of services in the areas of financial management, human resources, operations, tax planning and preparation, risk management, strategy and technology.

We offer a customized approach that’s based on your needs — combining in-depth industry knowledge and a longstanding commitment to growing companies.

Why Business Needs, Inc. ?

We understand you face unique challenges evaluating the effectiveness of your business. With this in mind, we offer a customized approach, that’s based on your needs.

Because Business Needs, Inc. is structured to align with industries,

We have experience in several key industries including manufacturing, distribution, retail, professional services, health care and financial services.

As part of our full-service strategy, we offer a complete range of business consulting services. We provide risk management, technology, human resource, operations and strategy consulting in addition to our financial management and tax services.

Our Executive Management Services include:

Start-Up Accounting & Business Management Services


Many people think that accounting is done in the past tense, as in "Last quarter, the company earned..." But operating officers and managers of successful businesses know that they spend as much or more time working with their accountants and consultants, on current decisions and future goals, as they do on quantifying and reporting the past.

Business Needs, Inc. Accounting & Business Consulting Services include traditional accounting engagements, like business taxes, consulting and business planning that considers your business as you do, by looking at the whole picture.*

Why Business Needs, Inc. ?

Business Needs, Inc. gives you the resources and experience of a national company and the personal attention of a local office and your own personal advisor.

How We Help You:

Start-Up Services

  • Choice of business entity, including analysis of tax ramifications, legal protections and employee benefits options
  • Complete and submit federal and state applications for identification numbers; Apply for business license
  • Registration for state income tax and sales tax withholding and remittance
  • Accounting and database software selection, customization and implementation

Business Plans

  • Provide a clear, precise and meaningful sense of direction for your company for a specified period of time
  • Plans can be prepared for both internal and external purposes
  • Secure funding and lines of credit
  • Incorporate performance measurement and key employee motivation
  • Present information effectively to outside parties

Financial Projections & Modeling Services


Do you have the necessary tools and methodology to make good business decisions and project the related future financial results?

Financial planning is integral to the business planning process and plays an important role in long-term planning, making optimal business decisions and helping to advance an entity. While planning ahead for a solid future may seem like an obvious business objective, it presents a challenge for most businesses.

Many companies struggle with the complexity of financial projections and decision models. Since financial planning models must accommodate several time periods and possibly handle hundreds of variables relating to sales and costs, preparing one in-house can be daunting and is not always a feasible option.

Many midsized businesses lack the resources, time and types of skill sets necessary to produce an accurate financial model.

Why Business Needs, Inc. ?

Business Needs, Inc. offers financial planning assistance that 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.

How We Help You:

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
  • Help you develop a financial model.
  • Help you in the implementation of the financial model.

Financial Feasibility Services


One of the best ways to determine if a potential venture is financially feasible is to conduct an independent analysis of the expected financial results.

Financial feasibility studies involve a market study or demand analysis to help determine and support assumptions regarding anticipated revenues. This helps company management decide whether or not to commit additional resources or borrow funds to finance a venture, to add additional employees, and to grow.

Why Business Needs, Inc. ?

At Business Needs, Inc., our financial feasibility studies help you address a number of business start-up or expansion situations. These can include the feasibility of new entities, acquisition of an existing business, introduction of a new product or expansion of plant capacity.

We understand you face unique challenges in determining the financial feasibility of a potential venture. With this in mind, we offer a customized, flexible approach that’s based on your needs.

How We Help You:

For the market study or demand analysis portion, we:

  • Conduct market research to identify consumer or buyer attitudes and preferences
  • Define and describe the market
  • Document the competitive situation
  • Determine likely market potential and demand

For the financial feasibility portion, we consider:

  • Facility and construction costs
  • Financing and capitalization
  • Personnel requirements
  • Revenue and operating expense analysis
  • Cash flow and debt capacity

Our report typically includes:

  • Prospective balance sheets
  • Prospective statements of revenues and expenses cash flow, and debt service coverage
  • Assumptions underlying the prospective financial statements
  • Results of the market study or demand analysis

The benefits of a financial feasibility study are:

  • Identifying market and financial factors that may have been overlooked in earlier development and conceptual stages
  • Assuring potential lenders and investors in their due diligence, that there is a reasonable basis for the assumptions used in the study

Part-Time CFO Advisory Services (CFO on-Call)


Growing businesses often reach a point where they need professional financial advice, but can't afford a full-time CFO or controller.

If you're fortunate enough to be in this position then we have the perfect solution for you. Our Part-Time CFO service gives you a professional financial manager who works with you to help guide your business to success.

The cost of hiring a full-time CFO can range from $80,000 to over $200,000 per year plus bonuses and benefits. Our Part-Time CFO services provide you with experienced support at a small fraction of that cost.

How We Help You:

Here's what you get with our Part-Time CFO (CFO On-Cal) services:

  • More time to focus on new services, new customers and other core business issues.
  • Better understanding of the financial side of your business. So you have less surprises and more control over the money.
  • Improved decision-making capabilities from clearly seeing the hard and true numbers of your business.
  • A readily available sounding board to help you with those tough business decisions and help you clarify your business plans.
  • The comfort from knowing that a professional is overseeing, protecting and constantly improving the financial side of your business.
  • A professional who establishes strong financial controls in your business to reduce employee theft and increase profits.
  • Training and managing your accounting staff.
  • Improved quality and timeliness of financial information.
  • Budget preparation and monitoring.
  • Profitability analysis by service or product line.
  • Tax saving strategies.
  • Trend analysis.
  • Assistance in defining long-range plans and the quantification of goals.
  • Cash management.
  • Liaison with bankers, attorneys, vendors, insurance agents, etc.
  • Assistance in obtaining financing from banks, including assistance with negotiations.
  • Review/negotiation of insurance policies.
  • Development of company accounting procedure manuals.
  • Analysis of equipment purchases, expansions, etc.
  • Mergers and acquisitions assistance
  • Custom designed collection policies and procedures

The professionals with Business Needs, Inc’s, CFO Advisory Services work hard every day to position our clients for high performance through innovative thinking, efficient processes, and relevant information technology strategies.

Why Business Needs, Inc. ?

We go beyond helping you identify ways to streamline your operation. We have real world experience and a trusted methodology, along with executive coaching to effectively implement a change. We stay involved after implementation to evaluate and measure performance against your long-term strategic plans.

Financial Accounting Systems Process Improvement Services


Are you receiving the information necessary to effectively manage your business in this fast-paced environment?

Are you spending too much money on your accounting function and not getting the value-added information and advice you need?

Management requires accurate, timely and reliable financial information to maximize results and pinpoint areas for improvement. But because companies often struggle to make effective use of their accounting system’s capabilities, they may not have the financial information needed to make good business decisions.

Another common challenge businesses face is improving the operational processes of their finance operations to reduce costs and improve customer service. Accounting departments often fall into two scenarios: there are too many people and best practices are not being utilized to gain efficiencies, or there isn’t enough staff, which results in excessive turnover and low value-add to the business.

Working with outside advisors to conduct a review of your accounting system and finance department can help improve profitability and identify inefficient operations and inadequate systems.

Why Business Needs, Inc. ?

The experienced professionals at Business Needs, Inc. offer assistance in evaluating the effectiveness and efficiency of your accounting and finance departments.

Working closely with you, we develop an in-depth understanding of your strategic objectives, helping to determine whether these departments are effectively supporting the goals of your organization.

How We Help You:

Our approach to assessing the performance of any finance operation includes:
People

  • Review current organizational structure, including roles and responsibilities
  • Understand staff capabilities based on current and proposed department responsibilities

Process

  • Assess efficiency and effectiveness of current business processes compared to best practices
  • Review all primary financial functions

Management information

  • Assess management tools, systems and reporting, and compare to organization’s needs and best practices Implementation
  • Develop a high-level implementation plan to address organization, process and reporting improvements
  • Work with management to implement the changes necessary to achieve a high-performing accounting and finance function

As part of this approach, we provide the following:

  • Executive summary of our findings and recommendations, which includes features and benefits of each recommendation
  • Strategies for implementation of recommendations

Why Business Needs, Inc. ?

We understand you face unique challenges evaluating the effectiveness of your finance department. With this in mind, we offer a customized approach that’s based on your needs.

Because our organization is structured to align with industries, our consultants have experience in several key industries including manufacturing, distribution, health care and financial services.

As part of our full-service strategy, we offer a complete range of business consulting services. We provide risk management, technology, human resource, operations and strategy consulting in addition to our financial management services.

Business Process Improvement Services


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.

Problems with product quality, paying overtime to meet a deadline, stacks of paper, searches for a part or report, and rising costs all hint at opportunities for business process improvement.

Still, process improvement and streamlining is not urgent for most companies. It often takes a back seat to the everyday demands of running a business, giving way to ongoing inefficiencies and lost opportunities.

And even if you have devoted the time and resources to process improvement, considering your employees’ reaction to the new or revamped internal process is often as important as the procedural change itself.

Given the average employee’s resistance to change, it is not uncommon for a company’s goals, products and technologies to outpace its internal processes. As internal processes become outdated and lose focus, your company becomes less profitable, responsive and efficient.

Business process improvement presents a challenge for any business. Partnering with an objective third party can help you identify the critical areas that require change and dramatically increase your chances of proper execution.

Why Business Needs, Inc. ?

The experienced professionals at Business Needs, Inc. review all facets of your organization — from planning and systems integration to the examination of functional areas to assessing your current processes. This helps you define your critical success factors and determine the best course of action.

Our process-improvement method looks to answer four basic questions:

  1. Is the process defined and communicated to employees?
  2. Does everyone understand who, what, when, where, why and how?
  3. is there a system in place to manage the process — and is the system consistently applied across groups?
  4. Are there opportunities to streamline or reengineer the process in a way that adds value for the process, the product or the customer?

How We Help You:

Knowing the answers to these questions helps to determine the steps that are needed to improve the process.

The benefits to improving the process are significant — often resulting in cost reductions and increased productivity through:

  • More accurate information
  • Accelerated responsiveness
  • Minimized paperwork and entry duplication
  • Ongoing support for continuous improvement

Operational Profitability Improvement Review Services


The evolution of your business creates complexity. Inefficient processes and organizational misalignment can be an anchor that drags down productivity and profits.

In a complex organization, internal problems are often masked. These inefficiencies often manifest themselves on the bottom line.

As a result, many executives decide to eliminate complexity in their companies, streamline operations and reduce product offerings. Challenges occur because the steps to create a lean, streamlined and effective process is not simple.

Successful companies focus on what they do best — creating the products and services that add value for their customers — and strive to produce them more efficiently.

The difficulty in improving operations is identifying the right elements of the business to tackle: process or organization, product or customer mix, computer system or outsourcing options.

Many businesses lack the time and types of skill sets necessary to identify elements that drive their optimal effectiveness. And even if they do have the resources, it’s often di fficult to complete in-house because there is a lack of knowledge and tools to assess, plan and implement cost management tactics.

Maybe your business is running well, but something tells you it could run even better, even smoother. Perhaps you’ve cut some costs, but you’re on the lookout for more solutions to improve your bottom line.

Why Business Needs, Inc. ?

At Business Needs, Inc., our analyses are designed to improve profitability and pinpoint inefficient operations and inadequate systems. We provide an objective review of your company's processes, systems, operations and strategies to identify areas for improvement.

We understand how complex and time-consuming it can be to identify ways to improve your operations.

With this in mind, our services are designed to provide you with cost-effective and timesaving ways to meet your business objectives.

Our methodology encompasses three basic components:

  • Getting started: targeting and establishing goals
  • Assessment and evaluation: critical analysis and measurements of current performance leading to designing future business elements and business cases
  • Implementation: effective project management and change management to realize the profitability gains from operational improvement

Our approach is designed  to tackle complexity and help improve your business operations by optimizing your tools, developing your human capital, focusing on core services and improving operational efficiency.

These improvements often increase profitability, viability and value, and to build  a foundation for continued  growth.

How We Help You:

Our approach to operational reviews includes a four-step assessment, where we:

1. Learn about your organization, how operations function, how you address problems and meet standards, and how you manage your operational resources.
2. Gain and understanding of your business objectives, processes and information systems, and how they integrate with operations.
3. Evaluate information from a management, staff, procedural, and business process and performance measurement perspective.
4. Assess your total operational environment, its capabilities, your business requirements, and how current efficiencies compare to the past or to industry standards.

As a result of this assessment, we develop detailed recommendations to improve performance and productivity.

You receive a comprehensive report that includes baseline assessments and observations, detailed business process re-design, procedural and organizational changes, key performance measures, and projected benefits.

Additionally, we assist you with the implementation of our recommendations.

An operational review is critical to the success of an organization because it provides a method to:

  • Evaluate specific operations independently and objectively
  • Assess compliance with your organizational objectives, policies and procedures.
  • Assess the effectiveness of your management control systems.
  • Identify criteria for measuring achievement of your organizational objectives.
  • Assess the reliability and usefulness of your management reports.
  • Identify problem areas and their underlying causes.
  • Identify opportunities for profit improvement, revenue enhancement and cost reduction or containment

Business Turnaround Consulting Services


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.

The first step is to develop a comprehensive action plan that will quickly improve your financial results. For the plan to be effective, it must address the concerns of your stakeholders, employees, creditors, vendors and lenders, as well as outline a strategy to maximize and preserve equity. Business continuity planning and actions while addressing the challenges are also critical.

Because of the complexity and time involved with developing a comprehensive turnaround strategy, seeking outside support can make all the difference in achieving a positive outcome.

Why Business Needs, Inc. ?

We’ve provided turnaround consulting services in a wide range of situations and across diverse industries. Because we’re committed to helping your company success, we take a value-added approach to turnaround consulting — not only providing you with suggestions to improve your organization’s performance, but with guidance to help you implement the recommendations.

Our individualized services are designed to provide our clients with exceptional value, and often yield opportunities to improve operational and financial performance.

The result can be a more efficient, better-run business positioned for a profitable future.

How We Help You:

We help facilitate the strategic and operational decisions necessary to restore profitability.

Depending on your needs, we offer an individualized, flexible approach, designed to improve your business operations — and ultimately your financial performance.

Focusing resources on critical areas of your operations, we work with you to:

  • Define a new strategy based on analyzing markets, competitors and core competencies
  • Recommend process changes to improve operating efficiency
  • Identify methods for improving organizational structure and staffing levels
  • Review expenses, credit relationships and cash flows
  • Develop reorganization plans and forecasts of future performance
  • Identify key performance measures and track progress weekly

Our approach is designed to position your company for long-term survival by enabling you to:

  • Continue operations without the burden of unmanageable debt
  • Reshape the organization for maximum efficiencies
  • Realign expenses to an appropriate level
  • Improve operational performance
  • Retain high-performing employees
  • Identify new leadership from inside and outside
  • Foster development of a new corporate culture

Strategy Development Services


Evaluating alternative business strategies and models is an important part of your organization's success.

Seldom accomplished within the structure of a strategic planning process, this course of action forces an organization to objectively evaluate its strengths and weaknesses from a variety of perspectives, as well as assess future opportunities for growth.

But companies often face a number of challenges when it comes to strategy development.

Some may have limited resources to conduct fact-based research or lack the expertise to evaluate alternative strategic directions, while others find it difficult to be objective in determining the best strategy for the organization.

Why Business Needs, Inc. ?

Business Needs, Inc. offers services designed to add value to your organization.

Unlike strategic planning — which focuses on how to get there and results in a three to five year business plan complete with mission statement and long-term objectives — the strategy development process focuses on how the organization needs to position itself in the market to optimally capitalize on business opportunities.

Unlike many other providers, Business Needs, Inc. doesn’t just conduct research and provide a package of solutions — we work with your management team to select the best strategy for your business and then we help you remain focused on executing the plan.

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.

How We Help You:

Our approach takes you through a creative strategic thinking process to help you determine the future nature, direction and composition of your business — its basic purpose.

We analyze your business situation, identify your competitive advantages and build a strategic framework — around products or services, customers, target market segments and geographic markets — to guide your decision-making process. This typically involves an in-depth evaluation of your market position using both quantitative and qualitative research.

Then we foster agreement among your management team, which results in a commitment by the whole team to make the changes necessary for continued growth and improved performance.

Finally, we help you identify strategic market and product opportunities, and prioritize your resources to capitalize on them.

In addition to providing you with a compass for managing change and achieving profitability and future growth, strategy development also:

  • Establishes a unique market position that helps differentiate your organization in the marketplace
  • Focuses your organization on the areas that are most important
  • Provides specific action plans and goals, giving direction to the entire team
  • Reassures all stakeholders that steps are being taken so that your organization continues to thrive and prosper
  • Helps deal with internal and external barriers

Marketing Consulting Services


Businesses today operate in a sea of constant change. To help manage this change, it's essential for management teams to research, develop and implement detailed marketing strategies.

Long-range marketing plans are necessary to help your organization determine its mission, vision and goals, as well as establish a realistic set of action steps to achieve them. It’s all about creating a distinct competitive advantage.

Why Business Needs, Inc. ?

Business Needs, Inc. offer services designed to add value to your organization.

We provide solutions that complement and enhance what you previously had in place and build on what you’ve already established.

Unlike many other providers, Business Needs, Inc. doesn’t just conduct research and provide a package of solutions — we work with your management team to develop targeted marketing strategies and then we help your company remain focused on executing the plan.

Our proven planning process helps determine the marketing direction of your organization, optimize your potential in the right markets, organize internally to meet the challenges of the future and overcome operational challenges.

How We Help You:

Because the success of your marketing strategy depends on your organization’s commitment to implementing the plan, we work with your team to gain the appropriate buy-in during the planning process.

In addition to providing you with a compass for managing change and achieving profitability and future growth, detailed marketing strategies also:

  • Establish a unique market position that helps differentiate your organization in the marketplace
  • Focus your organization on the areas that are most important
  • Generate consensus, commitment and teamwork among key management and staff
  • Provide specific action plans and goals, giving direction to the entire team
  • Reassure all stakeholders that steps are being taken so that your organization continues to thrive and prosper
  • Help your team deal with internal and external barriers

We work with you to plan your organization's strategic marketing direction and select an overall strategy.

This often includes:

  • Market research.  Market analysis .  Market evaluation
  • Mission and vision development
  • Estimation of future demand for the proposed product, service or venture

Annual Business Planning Services


Have you considered the benefits of annual business planning? Does your annual business process meet your needs?

An annual business plan — updated regularly — is your road map for deciding your company’s short-term direction and focus. While the traditional strategic business plan identifies the long-range strategy for your company, the annual plan helps you define and build consensus among key leadership around operational goals and objectives for the year.

The process of developing an annual plan — particularly the strategic and risk elements — allows you to respond more quickly to external conditions that change throughout the year and to plan proactively for the long-term.

An annual business plan is also a crucial element to building trust with your key stakeholders, including lenders or investors, who often prefer to work with organizations that have a well-thought-out plan for achieving their business goals.

But annual planning requires a commitment of time and resources and involves examining potentially uncomfortable issues. It presents a challenge for any business.

Why Business Needs, Inc. ?

Business Needs, Inc. helps you define the actions you should take to achieve your objectives.

Our methodology for developing an annual business plan is designed to:

  • Analyze opportunities and mitigate threats
  • Establish priorities
  • Improve management consensus
  • Address critical operational issues
  • Allocate financial resources. Measure and evaluate strategic progress

How We Help You:

Our approach to annual business planning includes the following key steps:

  • Business situation analysis that documents organizational strengths, weaknesses, opportunities and threats
  • A review of the current mission to either reaffirm or refine the company’s basic purpose
  • A statement of corporate or organization-wide annual goals
  • Key departmental annual goals, including strategic action steps
  • An annual profit plan or budget

We go beyond helping you develop the annual business plan — we work with you to implement measure and evaluate your strategic progress. To keep you on track and help you drive accountability.

We can design and facilitate monthly or quarterly review meetings for your annual business plan.

Our business planning consultants are experienced in working with growing companies to facilitate annual planning processes. And our organization is structured to align with key industries.

This means we understand how your organization is staffed and can anticipate the issues you’ll face.

Individualized Services Based Upon Your Needs


Business Needs, Inc. offers services designed to add value to your organization. Unlike strategic planning — which focuses on how to get there and results in a three to five year business plan complete with mission statement and long-term objectives — the strategy development process focuses on how the organization needs to position itself in the market to optimally capitalize on business opportunities.

Unlike many other providers, Business Needs, Inc. doesn’t just conduct research and provide a package of solutions.

We work with your management team to select the best strategy for your business and then we help you remain focused on executing the plan.

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.

If you desire to accomplish any of the following, you can benefit from our Quality Management Service:

  • Improve productivity
  • Reduce costs
  • Control profit
  • Establish accountability
  • Provide consistent quality
  • Government compliance
  • Quality Systems
  • Comparisons with your competitors and benchmarks, and MUCH MORE

CALL TODAY TO SCHEDULE YOUR BUSINESS ANALYSIS.

WE WILL WORK WITH YOU, FOR YOUR SUCCESS

WE GUARANTEE IT! (602) 595-5210