Business Advisory Services
Mitchel, Smith & Associates’ Business Advisory Team specializes in assisting small and medium-sized businesses in planning for and managing growth.
Knowing how to maximize growth capital and manage cash flow is critical to achieving sustainable and healthy growth. Knowing how and when to obtain (or avoid) debt and how to manage debt are very important to a growing business.
Our team of seasoned business finance and tax professionals will develop a plan for growth or review of your existing business plan and suggest modifications, if necessary. We address how to implement the plan and will monitor the progress and growth of your business.
Financial Management
- Cash flow/working capital management, review and analysis
- Assistance in packaging and negotiating bank financing
- Interim CFOs and controllers, including special projects
- Financial reporting, budgeting and forecasting
- Strategies for revenue enhancement and cost control
- Capital asset investment analysis
- Review & evaluation of internal financial controls
Benefits & Compensation
- Retirement planning for businesses and their owners
- Compensation and benefit planning
Strategic Planning
- Business plan design and implementation
- Business turnaround strategies & implementation
- Strategic and tactical business planning
- Analysis of the effectiveness of the business organization
- Analysis of the financial goals of owners and their contribution to the business’ growth
- Exit strategies and succession planning
Marketing & Business Development
- Industry, product and service analysis
- Marketing plans
Just as we can help your business grow, we provide assistance to businesses that have fallen on hard times and need help surviving a bad economy, overcoming serious issues that have led to significant losses or turn an unprofitable business around.
Our goal is to assist you in achieving continued success in good and bad times for the benefit of present and future generations.