BLACKCASTLE PARTNERS

Balancing both the technical and financial focus for an organization can be tricky.However, by implementing a financial literacy program both objectives can be accomplished in a synergistic manner.Employees who understand how the industry operates, the power that clients wield and how to determine which tasks yield the greatest value will be better equipped to work both “in” and “on” the business simultaneously.Creating financial literacy is not about re-focusing employees; it is about finding the areas of focus that benefit both the practice and the business objectives.

Growth is essential to the long-term success of an organization as well as a significant factor in the evaluation of a professional services firm.Learn how to build a strategic plan that will provide an operational and financial roadmap to achieve your firm’s growth goals.This includes creating a system to facilitate rapid growth and expansion.The customized assessment will be comprehensive including potential organic as well as acquisition options.A financial comparison based on return on investment will help guide you to understand what actions and factors have the greatest impact on success.The plan will include simple monitoring measures to help your firm stay on the right course.

In our professional services industry, the ability to groom leaders who can balance operations and business concepts is a major facilitator for growth and a critical factor when estimating a firm’s market value.Third party training programs can provide value to a firm by teaching the basic industry approach to management.As an alternative we can customize an internal training program to supplement or replace third party programs to create a system that perpetually builds leadership for growth within an organization.If you are not sure which of your options have greater value, we can provide a quantitative and qualitative assessment to guide you in the right direction.

Annual earnings or profit is one of the primary factors in establishing the enterprise value of your firm.Like any investment you should be working continuously to increase your firm’s value by maximizing earnings.An earnings improvement plan will compare your company’s earnings versus industry peers to assist in establishing the appropriate profit target which will be used to categorize underperforming projects based on a variety of factors.Further forensics will focus on aligning project costs and evaluating pricing strategies to reveal current limitations on project performance.