Planning Solutions

• Business planning
  
  Background - Shareholders of a start up hospitality company were looking for construction, equipment and working capital financing, and general guidance for back office operations. The shareholders had minimal financing and accounting experience.
  
  Solution - Prepared a business plan, budgets and presentation summary for the shareholders to present to potential funding sources. Developed the business, market and cost information included in the business plan. Prepared operating, capital and cash flow budgets, and developed monitoring processes and procedures to control expenses and cash flow. Created and implemented accounting processes and procedures, internal accounting controls and a management reporting system to guide the shareholders on key performance matters. Participated in the meetings with the potential funding sources and advised the shareholders in the financing discussions and negotiations. Prepared a back office staffing plan and job descriptions, and assisted the shareholders with the recruiting process.
  
  
• Operating budget
  
  Background - Board of managers of a start up municipal long term care facility required planning assistance for regulatory and taxpayer approval, and general management advice.
  
  Solution - Prepared the initial operating, capital and staffing budgets and advised the board of managers on the estimated cost structure, alternative operating models, financing alternatives for long lived assets and working capital requirements, and state staffing code regulations and practices. Developed a monthly management report that included variance reporting by responsible managers.
  
  
• Budget and business development model
  
  Background - Construction subcontractor internally financing growth had limited tools to measure, test and manage operations and the operating, cash flow and return on investment affect of growth.
  
  Solutions - Developed a model to budget and forecast operations, capital investment and cash flow over a multiple year period and prepare management reports for decision making, and recommended processes to prepare and use the model as a strategic management tool. The model infrastructure was divided into budget and forecast modules. The budget module included input capabilities for multiple measurement units, level of operations, growth, short and long term debt, labor and other operating variables. The forecast module enabled sensitivity analyses of the budget module inputs. The model prepared management reports, including company wide draft balance sheets, income statements and cash flow statements, cash flow graphs, and other management indices for both the budget and forecast modules. Measurement unit management reports included yearly and monthly income statements, cash flow graphs and other management indices.