Financial Management

Having a clear understanding of financial performance and risk management is critical to the success of any business.

Ensuring your business is financially sound and positioned for success in the future is one of the most challenging aspects of running your business. Many family businesses do not have the available resources to support a full-time senior leadership position in the finance area, yet this role safeguards the business for the future. Maximizing cash position, financial risk, and overall profitability is critical to the success of a business.

At Quad Group, we partner with you to assess, create, and oversee the financial aspects of your business, as well as develop the tools and processes necessary to effectively manage the financial elements of your business successfully. Because our background is in the fiscal management of family businesses, we know ensuring that all family members and leadership are aligned is also essential for financial strength and future potential.

Financial Assessments

We work with our clients to assess their existing financial skill sets, financial processes, and overall financial performance. After developing an understanding of these areas, we develop recommendations for the steps necessary to develop your internal capacity, improve financial processes, and build the financial performance of the company. Our work with you will outline the steps needed to improve your financial resources while minimizing the risk to the business.

Depending on the size of the business, it can be difficult to have all of the financial skill sets necessary to produce financial statements and to engage in productive financial planning. We serve as a resource to our clients to cover the financial management gaps in the company, and help you develop a plan that fits your business needs moving forward.

Budgeting, Forecasting, Cash flow management

Financial planning is a key component to improving a company’s financial results and growth. Some companies may be completing monthly financial statements, but missing the opportunity to become more predictable in their future performance. This often is a critical concern for banks and investors. Budgeting, forecasting, and cash flow management provide proof of financial stability and are important tools in planning for the future. Developing the proper internal tools to accomplish this can be challenging, and often benefits from objective outside guidance and expertise.

We work with our clients to establish or improve upon processes that will increase their financial management. We are aware that when banks and investors evaluate businesses, predictability and performance are major areas of concern and review. We help businesses understand the factors that influence financial performance, and to that end, our work often includes the development of more efficient and accurate financial models that will enhance forecasting and growth.

Financial Analysis

Understanding the return on investment (ROI) for a new line of business, a new product, or a new piece of equipment is critical in making the right strategic decisions for the business. We help clients implement the financial analysis necessary to support these strategic business decisions.

At Quad Group, we clarify these opportunities from both a revenue and cost perspective, as well as the payback timeline impacting the business. Making these investments can bring long-term rewards to the business, but it is important to understand the short-term financial impact to the business as well. We have years of experience in making these same types of decisions in our own businesses, and we provide the necessary structure and expertise to help you make them in yours.

Ongoing Support

Once we work with clients to set up financial models to better track their business, some internal training and support of the financial staff members may be necessary. We can effectively support your existing financial team by offering coaching and instruction so they can build the expertise required to manage the finances for the organization. Additionally, we provide strategic leadership to senior management regarding the implementation of new financial models and building strategies for ongoing budgeting and forecasting.