ADVISORY Services
Business Development Planning
The business development team at Barnes Wendling CPAs can analyze your business, identify its strengths and weaknesses, and recommend ways to improve performance, value and profitability.
For 80 percent of clients, 40 to 60 percent of net worth derives from their business
We have found that for 80 percent of our clients, 40 to 60 percent of their net worth derives from their business. This is why business development planning should be important to a business owner.
Our team of certified public accountants brings decades of experience working with businesses in a variety of industries. Whether a business is considering an acquisition, introducing a new product or service or experience or planning growth, our goal is to help increase financial performance and maximize business value for all owners, shareholders, and stakeholders.
Identify strengths and weaknesses to improve profitability
Our comprehensive analysis and planning service helps businesses identify strengths, address weaknesses, and improve overall performance in areas like value, efficiency, and profitability.
We evaluate the working capital and capital needs of the company, create a properly structured balance sheet to achieve growth, and continually monitor and measure the business performance. This helps management keep a pulse on the business, ensures profitability, and maximizes enterprise value.
Our analysis measures key indicators important to any business’ success, including measuring financial health, a performance comparison with industry peers, and benchmarking to improve profitability. Specifically, we conduct a:
- Diagnostic financial assessment to compare results with industry data
- Competitive analysis to gauge performance relative to industry peers
- Benchmark analysis to identify and enhance key strengths
Business Development Planning is a component of our BRISE Planning Model.