|
Communication. Whether the audience is customers, employees or investors, clear, crisp and cogent communication is always essential.
-
Investors require clear, crisp and accurate financial information, both forward looking and historical
-
Entrepreneurs and early-stage companies need to quickly synthesize critical ideas into sound business and financial models, and then develop the appropriate presentation material necessary to convey those ideas concretely
-
Business metrics need to be clear, well defined and measurable, both internally and externally, for companies at all stages
|
|
Focus. Management's ability to focus on the core business of the company is critical.
- The primary focus, energy and resources of early stage companies are properly placed on product and market development, not on administrative matters. Nevertheless, proper attention to, and organization of, administrative matters early on can prevent costly and problematic issues at later stages
- For later stage companies in growth or transition, M&A activities can be a distraction from running the business on a day-to-day basis. The time commitment, resources and expertise required to properly manage these activities is not always available in-house.
| |
Business information. The standardized production of financially oriented business information is a critical business function for companies at all stages. Lucien & Co.:
- Helps develop written business plans and presentation material, including website content
- Models the operations of the business in financial terms, both on an existing and pro-forma basis
- Develops KPI and KBI dashboards for real-time measurement and management
- Develops historical and pro-forma financial statements for both internal and external reporting purposes
| |
Global business. Businesses today generally need to be global in their outlook and operations. Achieving business objectives often depends on the ability to successfully manage international expansion. The economics, tax laws and statutory reporting requirements of global businesses are often complex, challenging and require senior financial managerial involvement. We bring expertise in all of these areas to our clients.
| |
Senior Financial Management. The CFO is a business partner to the CEO and other members of the management team. The interaction and exchange of ideas between the CFO and other team members is critical. Unfortunately, this valuable resource is not always available to early stage companies. In later stage companies senior management is typically focused on the core activities of the business. The resources required for special project oriented activities such as M&A, business integration, internal control development and documentation may not always be available in-house. See Why Us.
| |
|
