Saving Time and Money

CFO Services
Saving Time and Money

Saving Time and Money

serv-timemoney225Vendor Management
Banking and Financing Relations
Buy/Build/Partner Analysis
Alliance and Joint Venture Analysis
Prioritization Analysis
Profitability Analysis
Receivables Analysis
Special Projects

To make good decisions, businesses need to identify the right questions to ask such as those below, invest the time to find well-researched answers and have a team of experts involved throughout the process. Problems arise when decisions are made without the necessary input. The New Direction Capital Team saves you time and money by bringing together detailed research, data collection, and an extensively developed banking and professional network.

  • Do I need to strengthen my bank relations or find a new bank?
  • What is my relationship with banks like?
  • Am I having challenges with my current bank relationship?
  • Does my banker have a good handle on our business model?
  • Should I buy new equipment so I can run a specific in-house function, or would it be better to partner with another company who already is skilled in this area?
  • Do I want to focus on growing my business organically or find outside sources to help grow the company?
  • Would it be better to go it alone or start conversations with alliance partners when entering a new market, starting a new venture, or accessing new technologies or products?
  • Which alliance partners will give me the best opportunities to be successful in creating value for my company?
  • Am I spending too much time in my business and not enough time running my business?
  • Should I grow by entering a new market or by adding a new line of business?
  • How much change can our business currently handle?
  • How will a change in one area impact the other aspects of our business?
  • What are the obstacles we should expect to face as we undergo this change and how do we best prepare for them?
  • How many times has a special project been put off or never done at all?
  • Projects can be time-consuming: do you have the people that can work on the project without interrupting your day-to-day business activities?
  • Are you in a situation where the project requires confidentiality?

New Direction Capital - Virtual CFO Services
“Mike excels in building businesses. He has a keen understanding of business systems and is skilled at bringing people and resources together toward the goals of the business and service to the customer.  He is good at building teams and is gifted at recruiting staff, training them, and spending time with them to develop their talents.

I go to Mike for strategic business advice on financing and capital-raising for our businesses, and also on an emerging-growth company I own. His knowledge and advice in this area have helped me secure capital and also attain capital at lower costs. Mike is without question one of the brightest and most effective professionals I have met in my career.”
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