alleviating the biggest fears and frustrations in your business

14
What is the Biggest Fear or Frustration That you have in your business???

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There are 5 things that business owners feel are their biggest frustrations. This video explains what they are and how to alleviate them!

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Page 1: Alleviating the Biggest Fears and Frustrations in Your Business

What is the Biggest Fear or Frustration That you have in your business???

Page 2: Alleviating the Biggest Fears and Frustrations in Your Business

About Michael Barbarita

30 Years of business ownership experience

Owned Retail, Manufacturing and Service companies

Truly understands the risks and opportunities of business

ownership!!!

Page 3: Alleviating the Biggest Fears and Frustrations in Your Business

What We Do

We give you, the small business owner the information and analysis you need that allows you to make more informed and more accurate business decisions ultimately eliminating your fear and frustration.

Page 4: Alleviating the Biggest Fears and Frustrations in Your Business

Key Objective and Strength

Identifying the need and want of the business owner

Determine your desired outcome

Page 5: Alleviating the Biggest Fears and Frustrations in Your Business

90% of the time the client’s needs and wants come down to one or more of 5

key categories!!

To which I can Help!

Page 6: Alleviating the Biggest Fears and Frustrations in Your Business

Need and Want #1

Accurate and timely Financial Statements!

More accurate business decisions Get a better frame of reference The Scoreboard of your business

Page 7: Alleviating the Biggest Fears and Frustrations in Your Business

Know Your Numbers!!

Balance Sheet P & L Cash Flow Statement

When you know your numbers you know your business!!!

Current client increased profit 200% by simply having accurate and timelyfinancials!!!!

Page 8: Alleviating the Biggest Fears and Frustrations in Your Business

Need and Want #2

Where is Cash Going? Accounts Receivable Excess Inventory Capital Expenditures

A client improved cash flow by $100k per

Year because we discovered cash hiding in

Inventory and I committed him to an inventory purchase plan!

Page 9: Alleviating the Biggest Fears and Frustrations in Your Business

Need and Want #3

Strategic Plan!

Defines direction of the business Allocates company resources

properly Identifies Key Drivers of your

business

Since implementing a strategic plan a client

has increased their bottom line an average

of 20% in last two years!!

Page 10: Alleviating the Biggest Fears and Frustrations in Your Business

Need and Want #4

Working on your business instead of in your

Business!

Increases business Smooth's out revenue flow Increases Value of the Business (no one wants to buy a job! They want to buy a

business!!)

I taught a client how to work on their business instead of

in it and as a result the client has increased sales anaverage of 50% in last two years!!

Page 11: Alleviating the Biggest Fears and Frustrations in Your Business

Need and Want # 5

Accountability!!

The most successful business owners Iknow make people accountable

throughout The entire organization

Page 12: Alleviating the Biggest Fears and Frustrations in Your Business

What happens When we Don’t Address these Frustrations!

Page 13: Alleviating the Biggest Fears and Frustrations in Your Business

My Promise

I promise that I will address the biggest fear and frustration that

you have in your Business. I will

identify your needs and wants and achieveyour desired outcome!!

Page 14: Alleviating the Biggest Fears and Frustrations in Your Business

Michael Barbarita Next Step CFO Tel: 781-326-3822 Email:

[email protected] Web: www.nextstepcfo.net