Archives for December 2014

Net Profit, Inc. Interim Accounting Services

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What happens when your controller leaves your company?  We were hired to manage this interim crisis while our client was seeking a new controller.

We spent 6 weeks with the client, where we:

  1. Assisted in the recruitment of a new controller.
  2. Obtained the full co-operation of the resigning accountant to the extent that her work was documented and up to date.
  3. Ensured the smooth handover of duties and responsibilities to the new accountant.
  4. Provided support to ensure that the day-to-day functions of the accounting department were kept current.
  5. Managed the accounts receivable collections of the company.
  6. Managed the accounts payable duties  and acted for the client as its liaison with their outside accounting firm, banking loan officer, and legal advisors.

Net Profit, Inc. has experienced financial professionals who are able to assist you in an emergency situation. We are experienced, knowledgeable, and will provide the leadership needed to manage any business crisis.

Contact us for experienced crisis assistance at netprofit25@gmail.com or visit our website at www.netprofitinc.org. [Read more…]

Define A Winning Culture

Companies that are struggling usually have an ill-defined culture or no defined culture at all. At the heart of a company’s culture are the core values that a company embraces. These core values define the principles that the company believes in. They define what the company and its management team are about. The company should communicate to its employees what they are and the company’s commitment to them.  [Read more…]

How to manage a business crisis.

IMG_1230I don’t know about you, but in my business career I have been in the middle of several crisis situations. I can look at that fact two ways, either I have the worst luck or I have been fortunate enough to learn to navigate my way through many crisis situations. [Read more…]

Business Owners 2014 Survey/Net Profit, Inc.

IMG_1086 The survey says:

  • 1 out of 5 business owners don’t know how their sales growth or net profit compares to competitors
  • 35% of business owners don’t believe their marketing effectively supports their sales efforts
  • 35% of business owners have no plan for how to exit their business

The statements above were derived from a survey taken by small business owners in 2014. They are not surprising facts, but more importantly is the question, how do they fix the survey outcomes?

If you are a business owner and any or all of the statements apply to you and/or your business, contact us today and we will solve, answer and implement the solutions to the above statements or any other questions or concerns that you may have.

Net Profit, Inc. is a full service management/strategic consulting firm. We don’t just solve problems, we implement solutions to make managing your business more enjoyable.

Our initial one-hour consultation is free of charge, so what do you have to lose? Contact us at www.netprofitinc.org, netprofit25@gmail.com or 330-620-2761.