Services
Academy helps analyze and determine the amount and type of financing necessary and provides potential financing sources with an analysis to assist with a decision. We propose terms as opposed to having terms provided to the borrower.
M&A Readiness
The decision to either expand a business through acquisition or sell/merge as part of a succession plan may take place only once in a lifetime. Academy professionals either ready a company for its sale, at the best possible price, or are available for the due diligence effort to add an additional business or revenue stream.
Interim CFO
In the event of a vacancy in this critical position, Academy is uniquely qualified to fill the CFO role and assist in the identification and recruitment of a permanent replacement.
Goal-Setting and Business Planning Assistance
Growing businesses are always in need of plans to get to continuing levels of success. The Academy professionals’ backgrounds provide those SMB’s with a clear direction, steps to reach those goals and mechanisms to monitor progress.
NEW G.A.A.P. Implementation
Rule-making bodies are issuing new pronouncements constantly. Currently, companies are facing the prospect of having to deal with at least two new pronouncements involving revenue recognition and the accounting for leases. Academy assists in that analysis and provides business-like recommendations as to how best to proceed as well as assist in successful implementation.
Revenue Enhancement Analysis
Many executives and consultants focus on expense cutting, and rightfully so. However, there is significantly more upside to a business that demonstrates revenue growth; make revenue growth a primary target. Academy Advisors works with management to review markets, customers products and pricing strategies to help maximize an SMB’s top line.
Cost and Expense Reviews
Whether it be an entire expense structure or single line items on the operating statement, the professionals at Academy advisors help with an objective approach to expense management. By clearly and objectively analyzing the drivers of such costs and understanding the fixed and variable nature of costs, we can help maximize a business’s bottom line. We have timely and relevant experience with all forms of insurance, credit card fees and PEO/payroll analyses.
Audit Readiness/Independence Issues
Academy professionals are available to assist SMB’s with the stress and extra workload of preparing with annual audits/reviews. Our experience translates into valuable analysis and time-saving analytics in formats readily usable to auditors. In the event there are independence concerns, Academy is well-qualified to address such challenges as report and footnote preparation and sensitive account analysis, including tax accruals. We may also prepare narratives and flowcharts to document to flow of transactions and internal control in a very cost-effective manner.
Family Office Assistance
Many high net worth families lack the ability to fully comprehend the breadth, ramifications and risk of certain of their investments, particularly operating businesses. The Academy professionals assist with the development of tools to make such assessments, benchmarking, as well as provide businessman’s reviews of the underlying assets to provide decision-makers with information vs. data.
Receiverships
The Academy professionals have experience with the roles of a Receiver in circumstances calling for independent, objective oversight of assets while the legal process plays out with an ultimate decision as to the disposition of the businesses assets and documentation of liabilities.
Trust and Estate Work
Many decedents leave (significant) portions of their wealth to heirs who may, for whatever reason, not be deemed capable of managing such new-found wealth. The academy professionals work with attorneys and heirs to understand the decedents’ last wishes, accumulate and account for assets and help to administer those assets pursuant to the trust document.
Working Capital Reviews
There has never been more focus on the importance of the availability of working capital in a business. The ability to shorten the cash conversion cycle is very valuable to any business. The Academy professionals make in-depth reviews of customers and receivables as well as inventory age and turnover combined with vendor terms to always free up a business’ more coveted asset…..cash.