It’s not easy running a small business. Large corporations have boards of directors that recommend policies, track performance and advise how to improve it. Small business owners, on the other hand, often feel like they must work through the decision mill on their own. It’s hard to know if you’re making the right choices. If this sounds familiar, you may need a close advisor who sees your business from an independent perspective—one who possesses insight on critical issues, including finance, operations, sales, marketing, human resources and most of all, long-range strategic planning.
At Cavanagh Ringelman, CPAs, we believe small business owners should build their own board of advisors. You should have a good attorney at your disposal, as well as a banker, an insurance broker and by all means, you need a great accountant—one who takes the time to know your business through and through.
At Cavanagh Ringelman CPAs, business development services include strategic planning, feasibility studies, information systems evaluation and succession planning. We’re here to help you make the most money possible, run your business at its most efficient and help you reach your short- and long-term goals. If you don’t already have specific goals, we help you develop a vision of what you want your business to look like years down the road – when you are done with it! We help you develop quarterly benchmarks toward that vision—we call them “Key Performance Indicators (KPIs).” Some clients see us every quarter to gauge their progress against their KPIs, and look for ways to fine tune the processes supporting all their business development goals.