Advisory
LEADER
Today's business environment is constantly changing, making informed decisions is critical to the long-term success of any company. BST's accounting advisory professionals work with clients to help them achieve compliance, advising on how they might organize their financial reporting processes, and helping ensure that accounting operations match the unique objectives of each business.
Our goal is to create a partnership that allows clients to focus on their business while we focus on their accounting and financial reporting needs. Through our industry expertise, we can help you formulate strategies to help move the business forward.
BST's advisory services practice works with businesses on a range of matters possessing significant accounting ramifications, including full scope merger and acquisition consulting services and support, and consulting on corporate transactions such as business financing, liquidation, operational reviews, business succession planning, and business valuation.
Profitability Enhancement Reviews
BST's Profitability Enhancement Program is designed to help increase your profits and shareholder value by identifying practical income improvement and expense-reduction opportunities. By examining how your business is currently operating, our Profitability Enhancement Reviews can result in:
- Improved income and expense controls
- Improved earnings
- Reduced labor costs
- Improved cross-training
- Improved operating efficiencies
Internal Controls
Developing financial statements and having an audit performed are critical components of running a business but if your internal controls are not functioning properly, there could be a problem. Without a secure internal control structure in place, your business may be susceptible to fraud, embezzlement, inaccurate representation of cash flow, assets, and debt. You need a solid system of "checks and balances" for your financial and management staff that will allow your business to continue to flourish.
Operational Reviews
Operational Reviews are a comprehensive and objective review of your entire organization or a specific segment of your organization, and it is used to identify and address problems, such as:
- Lack of profitability
- Inefficient operations
- Inadequate systems
BST performs Operational Reviews that are customized to meet the growing needs of your business. The goal is to make your business as efficient, productive, and profitable as possible. This is accomplished by:
- Conducting independent field work
- Providing an objective and systematic review of your organization's activities, systems, operations, structure, goals and strategies
- Delivering a comprehensive report that includes our observations and recommendations for improvement, with a plan for implementation.
Strategic Planning
Many entrepreneurs and small businesses think strategic, and business planning is for the big guys! To compete in the new economy, you must make sure your limited resources and capital are properly deployed attaining your vision. Get out of the day-to-day focus and free your management to excel in these challenging times. Be proactive, not reactive.
- Vision & Direction
- Strategic Planning
- Business Model Reinvention
- Mergers-Acquisitions-Integrations
Let's get started! Contact us today if you think our Advisory services are right for you.
