Kulzick Consulting PA

-- Corporate Restructuring Strategies -- ?It is important to understand that not every business having problems needs to undergo the severe types of restructuring most often associated with organizational improvement. ?This article from Deloitte discusses various levels of organizational distress and lists some of the appropriate remedial strategies for organizations at each level. ?If you are a smaller business having some problems, either because of the pandemic, upcoming recession or for other reasons, sometimes a smaller, more focused consultant, experienced in various strategic alternatives may be less costly and able to provide a more appropriate customized solution. ?After correctly diagnosing the real cause of the business' problems, various customized options can be created which not only address the current problems, but can lay the groundwork for the resurgence and future growth of the firm. ?Business guidance is our business - Kulzick Consulting PA ?#Restructuring #CFOservices #BusinessGrowth #Strategy #BusinessStrategy #FinancialExpertise #BusinessCPA #KulzickCPA #MiamiCPA #MiamiConsultant https://lnkd.in/ezEbzJY3

?Can your business survive the carnage likely when a superstar attacks your industry? Research says yes - IF you prepare and adapt quickly to the specific threats posed.

Can You Fight a Superstar Competitor? ?The entry of a superstar competitor like Amazon or Apple into your industry will increase your chance of bankruptcy by 42% according to recent research. ?That same research also shows that smaller companies can survive and even prosper against the giants - IF they can adapt and focus both internally and in external strategies. ?This report also gives some overall "ideas" of what those adaptations might look like, but every firm, every industry, and every competitor is different. ?What may have worked for some other firm may actually be the worst choice for yours. ?If you are facing competition from a superstar, now is the time for a deep dive into ways to not only defend, but grow as others around you die off. ?20 years ago you could take 5 years or more to adapt to new more intense competition. Today, it is more commonly a year or even less. When competition heats up, time is not on your side. But neither are emotional responses that deplete your resources. ?Kulzick Consulting can help you strategize, analyze and decide on the critical changes that will be necessary in the future. ?We partner with CEOs, CFOs, controllers and business owners in smart implementation of practical improvements that can help your company grow and become more profitable. ?Business guidance is our business - Kulzick Consulting PA ?#BusinessConsulting?#Strategy #BusinessGrowth #Restructuring #MiamiBusinessConsultant #BusinessCPA #StrategicPlan #KulzickCPA #MiamiCPA https://lnkd.in/er9tCS8y

--- When should you cut costs? --- ?Careful planning is essential if your business is considering cutting costs. ?It can't be stressed enough that automatically firing people or other precipitous cost cutting can have serious long-term consequences. ?In almost all business situations where there is financial pressure, multiple alternatives are possible and different solutions should be considered. ?Experienced outside advisors, such as Kulzick Consulting, can assist in analyzing the best approach for all levels of business restructuring -- considering both short-term and longer-term business objectives. ?We partner with CEOs, CFOs, controllers and business owners in smart implementation of practical improvements that can help your company grow and become more profitable. ?Business guidance is our business - Kulzick Consulting PA ?#BusinessConsulting?#Strategy #BusinessGrowth #Restructuring #MiamiBusinessConsultant #BusinessCPA #StrategicPlan #KulzickCPA #MiamiCPA https://lnkd.in/gXs8hqE

-- You need a Business Plan - Here's Why & Some Tips -- ?I know, I know, it's a lot of work. It can be, but the payoff for your business can be huge. ?Here are some reasons why every business should have a business plan - a real one, not just some fill-in the blanks template. ?Every business is unique and every business deserves to have their own business plan, not someone else's. ?Now is the time to get ready for that great new year you know you can have .. If only.... Why keep hoping and making excuses? Start actually moving to make it happen with a plan. ?An outside advisor, skilled in business plans can tailor one for you - working with the business owner and key employees. ? ?In our experience, what's appropriate could be a couple pages, or much more, depending on the business and what you want to accomplish. ?We partner with CEOs, CFOs, controllers and business owners in smart implementation of practical improvements that can help your company grow and become more profitable. ?Business guidance for your business - Kulzick Consulting PA ?#Growth #Profitability #Strategy #BusinessGrowth #CFO #CFOProjects?#ForensicAccountant #BusinessCPA #KulzickCPA #MiamiCPA #MiamiConsultant https://lnkd.in/dBXC6RD

--- Tips for Creating a Strong Business Budget --- ??A budget is essential for any business - regardless of size, industry, location or stage in its growth. ??Properly prepared, it can serve as a practical, flexible guide for daily decision-making as well as a more detailed operational and financial plan. ??Many business owners and managers have experienced poorly prepared and misused budgets in the past and may shy away from them now. But if done right, they can be a be a manger's best friend by saving you time, avoiding wasted resources and communicating clear goals to all. ??Budgeting does not need to be complicated or expensive, sometimes very simple budgets can be surprisingly successful and contribute substantially to overall profitability, reliable cash flow and problem reduction for managers. ??Kulzick Consulting has helped many companies, of all sizes, design budgets and flexible systems to monitor them. ??We partner with CEOs, CFOs and controllers in smart implementation of improvements that can help your company grow and become more profitable. ??#Budget #BusinessConsulting?#BusinessGrowth #BusinessStrategy #ProfitImprovement #CFO #BusinessCPA #KulzickCPA #MiamiCPA #MiamiConsultant https://lnkd.in/d4wYVnk

-- More Ideas for Starting the New Year Right In Your Business -- ??It's still early enough to get a jump on building a better year for your business. ??Here's a little longer and more fully described list of areas that may need attention. But, every business is different in terms of what should be the priority areas in the new year. ??It still makes sense to talk to a professional - someone with many years experience working with small businesses. ??We can help you zero in on what are the most important areas - those that will get the biggest results for your business. ? ??Often, areas that appear to be problems, may not really be effecting your success that much; but other areas, those hidden problems, may be draining major resources with little return. ??The potential problems and their solutions are extremely varied - so broad-based experience is essential in the professional you select. ??We don't do it all, but we're pretty good at asking the right questions to get at what's holding you back. ? ??And, ideas aren't much help if they can't be implemented, so we can be there to help make sure the implementation of any change goes smoothly. ?For professional, trusted business assistance and greater business growth and profitability, see Kulzick Consulting, PA ?#Growth #Profitability #Strategy #BusinessGrowth #CFO #CFOProjects?#ForensicAccountant #BusinessCPA #KulzickCPA #MiamiCPA #MiamiConsultant https://lnkd.in/eQJ8xCfd

-- Tips for Starting the New Year Right In Your Business -- ??It's that time of year to review where you've been and where you're going this new year. ??Here's some ideas for areas that may need attention. But, every business is different in terms of what should be the priority areas in the new year. ??That's when it may make sense to talk to a professional - someone with many years experience working with small businesses. ??The amazing thing is it doesn't really cost that much to get an unbiased viewpoint and some fresh ideas specific to your business. ??Are you wasting money on advertising, losing money because products aren't priced right, have a confused and inefficient layout? ??The potential problems and their solutions are extremely varied - so broad-based experience is essential in the professional you select. ??We don't do it all, but we're pretty good at asking the right questions to get at what's holding you back. And, ideas aren't much help if they can't be implemented, so we can be there to help make sure the implementation of any change goes smoothly. ?For professional, trusted business assistance and greater business growth and profitability, see Kulzick Consulting, PA ?#Growth #Profitability #Strategy #BusinessGrowth #CFO #CFOProjects?#ForensicAccountant #BusinessCPA #KulzickCPA #MiamiCPA #MiamiConsultant https://lnkd.in/efMedZfi

--Small Business Working Capital Loan Options-- ?As businesses begin expanding, the need for working capital grows, sometimes rapidly, especially if it was depleted during the economic downturn. ?Working capital loans are short-term and usually provide capital for growth in shorter-term assets such as inventory and receivables. ? ?Other financial options exist for longer-term capital. ?The use of working capital loans to provide financing for more than 6 months can heavily burden a business with high costs and should generally be avoided. ?This article gives a good general overview of the various sources and types of working capital loans. There is a very large difference in costs, terms and complexity of the different options. ?There is also variability, not addressed in the article, depending on numerous other factors, such as the business history, the industry, and current financial structure. ?Working with an experienced business CPA can be helpful in determining the need and timing for additional working capital and evaluating the various approaches for securing needed funds. ?For professional, trusted business assistance and greater business growth and profitability, see Kulzick Consulting, PA ?#BusinessLoans #Growth #Profitability #Strategy #BusinessGrowth #CFO #CFOProjects?#ForensicAccountant #BusinessCPA #KulzickCPA #MiamiCPA #MiamiConsultant https://lnkd.in/e7VbjHxH

Timeless Strategies That Drive a Successful Business ?To succeed in business - any size business, you need to spend some of your valuable time focused on the future. Not tomorrow's to-do list, but longer-term big picture. ?Time to get out of the weeds and see the bigger picture. ?Here are 6 time-proven steps you can take to start your business on a new, and better course for the new year. ?And, remember it takes a team for keep a business healthy. ? ?If you're small or going on mid-sized business, part of that team is going to be outside professionals that can supplement your knowledge and amplify your abilities. ?For professional, trusted business assistance and greater business growth and profitability, see Kulzick Consulting, PA ?#Growth #Profitability #Strategy #BusinessGrowth #CFO #CFOProjects?#ForensicAccountant #BusinessCPA #KulzickCPA #MiamiCPA #MiamiConsultant https://lnkd.in/dvyCTYh