COST PER HOUR = $55
Phase I (1st Engagement) – 50 Hours
1. Lead multiple brainstorming sessions to gather detailed information regarding company vision,
mission,
values and philosophy to be used in plan development.
Outline a matrix that evaluates the currents status of the Client's business
--focusing on key areas such as leadership highlights.
2. Compile all information gathered in brainstorming
sessions into
a cohesive strategic guide for business operation
that will include
a formal vision and mission statement, and initial financial statement analysis of cash flow statement,
balance sheet and profit and loss (income) statement.
This assessment will include the calculation of current profit and gross margins,
net working capital, return on assets, and expense ratio (if applicable).
Phase II (2nd Engagement) – 50 Hours
1.Advise client regarding issues related to development and implementation of operational and business ideas, plans and programs to promote, support and strengthen the financial objectives of Client.
2. Compile all data gathered from financial statements into a five-year projection of sales and revenue, expenses, net profit and profit margins.
3. Assist in complete and thorough execution of strategic plan by working with you and your staff during plan implementation to help you gain a comprehensive understanding of your business operation. Aid the Client in the Implementation of Act/Development plan in an effort to enhance the Client's stabilization and growth process including sales-based revenue goals, strategies for expense control, an action plan derived from the strategic goals, and a project plan for strategic execution. (May include a comparative industry analysis, if needed.)
4. Train client to periodically assess financial statements for increased revenue generation, expense control, continuous improvement and evidence of goal accomplishment.
5. Train client on how to take corrective action for goals that are not being met and/or for downward trends in profitability.
6. Evaluate, research, review, develop and implement funding opportunities and fund-raising activities utilizing, among other things, traditional and non-traditional lending institutions, and established local, State and Federal funding potentials, to include, but is not limited to the acquisition of needed capital.
All Phases
1. Provide Client a written report regarding the status of those services Consultant has provided Client and Consultant's recommendations, suggestions, comments, evaluations and conclusions regarding such reports and conclusions on the second (2nd) Friday of each month. The reports are to be entered onto a "Client Tracker" system that will enable the Corporation to monitor progress of the consulting engagement, and provide feedback as deemed necessary from time to time.
2. Perform such other duties and responsibilities as may be determined, contracted and assigned to Consultant from time to time by Client, based on the detailed action plan.