Industry audits. Competitive analysis. Benchmarking and creating a vision for your business ... it's all part of valuation and necessary to execute. Where do you start? And, how can we help? Here are three key areas we offer support.
Comparing your business to the industry it's part of is difficult. With all the data and paperwork, the task can be daunting and overwhelming to even think of tackling. Too often, that renders customers idle and might even cause some to overlook this crucial step of valuation. Our trained professionals at Froehling Anderson can help. We'll collaborate with you look at where your business is situation, how it stacks up, and how to set goals so you can get where you want to be.
Putting Your Assets On Paper
Your business is more than what it physically owns.
Influence, trademarks, and other assets are hard to put a value on. The team at Froehling Anderson knows how to sort through the gray area to provide you with solid data that includes everything it should. Combining your tangible and intangible assets and assigning them worth in order to give you a number you can take to the bank is paramount. Our Business Valuation services can help your company create a buy/sell agreement or complete estate taxes and other life changes by finding your worth in the market.
Put your assets on paper so you're able to confidently assess what all belongs together and what it means in terms of value and worth.
Increase Efficiency
Often it takes an outside eye to see areas that require improvement. It's hard to be both working on the business and working in it. Getting another, neutral perspective is incredibly helpful to point out opportunities and threats alike.
One asset of Froehling Anderson’s Minnesota Business Advisory Services is CFO services. We can provide an expert team that can advise your company in a CFO capacity without adding a CFO’s salary or role to your own team. Using Key Performance Indicators (KPI’s), our team can identify areas of your business that need improvement.
Other services our team provides include cost point analysis and looking at how to price your products to maximize profit. Using this, we can also look at your budget, identify savings, and projecting where the industry will go.
Our company also offers Pro Forma Financial Statements. These allow your company to look at what could have been if certain decisions were made and model how a decision could affect your future. This insight is incredibly valuable to have as you and your team make plans to scale your future.
Future-Proofing
After evaluating your business, seeing how it compares to the rest of the industry, and granting strategic planning to help you attain your goals, Froehling Anderson can also move you towards that goal. We're not just a company that shows businesses what can happen; we take an active role in pursuing it should you choose to partner with us.
We offer merger and acquisition services that can look at the numbers and advise you on the best course of action, whether it’s what you want to hear or not. Some hard truths need to be shared if you truly want your business to succeed. If you have already gone public or are planning to, we offer shareholder agreement services to smooth over any transitions of power or negotiations with the bank.
No matter what the future holds, we have you covered and are on your team in the capacity that is right for you. If you would like to see how your business stacks up against the competition, or have any questions about Froehling Anderson’s Minnesota Business Advisory Services, we're ready to get the conversation started.
