Business assessment

If you own or operate a business, are you asking yourself any of the following questions?

• How do we continue to own and operate our family business when we find it so hard to agree and arrive at a consensus?
• How is my business performing against the same type and size of business in the same industry?
• Where do I start if I want to put a 2 or 3 year plan in place to build and take my business to the next level?
• We have identified that we need some capital to grow our business, but how do we know how much we need and why and what can we do to present ourselves strongly to potential lenders?
• We recognize the recession hit our business hard so where do we start if we want to really turn things around and get back on track?
• We plan to exit our business over the next year or so but what taxes will we have to pay and what can we do to minimize those taxes?

The answer to these and many more questions is to start with a business assessment put together by Rogerson Business Services and RWI-BSERV.  In simple terms, a Business Assessment addresses the following six key areas:

1. Business model performance
2. Management Team Effectiveness
3. Business Process “Fitness Test.”
4. Acquisition “Diligence” Preparedness
5. Maximizing After-Tax Income
6. Achieving Financial Goals and Objectives

A Business Assessment not only helps you, the owner and/or management of the business create a baseline but it also allows you to discuss and agree on tactics and priorities with your professional advisors including attorneys, CPAs, Financial Planners, Investment Bankers, Financial Analysts, Valuation Analysts and Business Improvement Specialists.

A Business Assessment is approximately 182 pages and we customize it for the unique aspects of your business and more importantly, the needs, goals and priorities you define.

More information

If you would like more information about Business Assessments and how to use them to improve and strengthen the performance of your business, please visit: RWI Business Assessments If you would like to know how we can partner with you to create a relevant and specific Business Assessment for you, please contact me (916) 570-2674 or complete a request for me to contact you.

Examples of business assessments

Below are some of the examples of Business Assessments we have put together for other clients.

Turnarounds

If you need immediate help to move the business into profitability then time is your enemy and you need to take action…now.  Businesses with severe cash flow issues, creditor or lender issues, or have considered bankruptcy can benefit greatly from the resulting workout services put together in a Business Assessment.

After the acquisition transition

When two companies merge or one company acquires the other, there are high expectations of a strong financial ROI and synergistic work efforts. If this is not happening, the company needs to identify the root causes and take immediate action.  The new ownership team in this assessment will benefit from transition planning, strategic planning, and wealth building opportunities all designed from looking at the business with a return on investment in mind.

Exit planning strategies

For someone that wants to sell their business there are many issues to address and resolve.  Maximizing the return from the market and minimizing the time on the market are the objectives in this assessment, accomplished by looking at the business through the eyes of prospective buyers and their advisors.

Raising capital

If you want to raise capital for your business be it from conventional or non conventional channels then you must present both you and the business correctly.   Growth and expansion is the focus in this assessment, ensuring the business can handle significant growth and maintain the capacity to acquire capital when needed; here the perspective changes from wealth building to working capital growth and ensuring the business has access to capital by looking at the business through the eyes of prospective lenders or investors.

Purchase another company

If you want to buy a company and want clarity on what you are buying then the devil is in the details. Stop worrying about all the variations and get the facts.  The perspective changes once again from access to capital to how to use this capital; assessing the prospective companies or assets the business wishes to acquire, using the assessment, as both diligence efforts and a decision model based on synergies, transition, and return on investment.

Sell but improve

As the owner of your business, if it is time to put an exit plan in place but you would like to put some strategies to improve the performance of the business so it’s more attractive to potential buyers and you get the maximum price.

Value enhancement

Would like to know what areas of your business you can improve be it the management, operations, sales and marketing, or, in other words, the overall performance of the business?  The perspective in the Value Enhancement Assessment graduates from survival to one of strategic planning; demonstrating the specific gaps between desired position and the current position in the business.

Cashflow

The life blood of a business is cash flow.  Providing the right leadership and decision making process to protect, enhance and grow the cash flow is the responsibility of the business owner(s) and management.  The Business Assessment is the tool to help achieve cash flow maximization.

More information

If you would like more information about Business Assessments and how to use them to improve and strengthen the performance of your business, please visit: RWI Business Assessments

Free 30 minute consultation

If you would like a free 30 minute consultation where I can get to know you and your business and offer some suggestions, please call me today at (916) 570-2674 or complete a request for me to contact you.

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