Minneapolis Business Consulting Services
Froehling Anderson can help identify areas of your business that negatively affect profitability and growth and provide you with solutions that are practical and technically sound. We’ll join your company’s management team to facilitate long-term objectives and specific strategies that lead to the growth and success for your business.
Our Minneapolis Business Consulting Services include:
Minneapolis Strategic Business Planning Services
Your business is impacted by the ever changing dynamic economic forces, competition and technology. A Strategic Business Plan, tailored to your needs, will help your management team “be on the same page.” The Strategic Business Plan will help you focus on the most important strategies and action steps to adapt to the changing business world and take your company to the next level of success. Our Minneapolis Strategic Business Planning Services:
- Tailor the Planning Process to Your Unique Situation
- Perform Situation Analysis of Your Business
- Administer Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis
- Develop Strategic Plan with Goals, Strategies, Timing & Measurements
- Establish Annual Operating Plan and Budget
- Executive Coaching and management of the implementation of the Strategic Business Plan
- Consultation to tie management performance incentives to Strategic Business Plan implementation and Success
Contact Dick Krocak or Rick Wiethorn today for help with your Strategic Business Plan to take your business to the next level of success.
Minneapolis Budgeting and Forecasting Services
How are you doing? This is the basic question Froehling Anderson can help you answer with our Minneapolis budgeting and forecasting services. From identifying key financial benchmarks to challenges with key employees, cash flow or inventory management, we provide an objective viewpoint on getting your numbers back on track. Building on our experience as former CFOs, controllers and business owners, our team understands the practical applications of budgets, from making payroll to negotiating with your banker. We take an educational approach with both annual forecasts and quarterly check-ins. Working with Froehling Anderson is like getting a regular business tune-up.
Minneapolis Benchmarking Services
Focus your time on three to five key indicators that really drive your business. Through analysis of your financial statements as well as operational data, our Minneapolis benchmarking services can help you make better decisions faster. Referring to the latest industry sources and leveraging our own best practices in benchmarking as a firm, you can identify your key indicators or change them as the business climate or firm goals change. We’ll also consult with your technical staff to make the data easily accessible and relevant for decision makers. Our experience within private industry gives you a distinct advantage to leverage business metrics for increased profitability.
Minneapolis Shareholder Agreement Services
Froehling Anderson is your negotiation quarterback for Minneapolis shareholder agreements. Whether you are structuring your first agreement or are preparing for a change in shareholder status, we work with your attorney, banker and other advisors on the financial and business side to line up the right players. We’ve handled the challenging cases, such as conflicts between shareholders or unexpected personal transitions that require a change in ownership interest or valuation. We tie the shareholder agreements into the overall business valuation and buy-sell agreement to ensure that individual interests are aligned with the best strategy for your company. Many of our clients contact us with pending mergers and acquisitions, but you don’t have to wait to review your agreement to make sure it is up-to-date and financially sound.
Minneapolis Business Succession and Transition Services
More than a decade ago, one of our clients was looking for a new CPA to help him create a game plan for succession planning. He wanted to know how to structure the company properly and build it with key leadership in place so that he would have multiple options when he was ready to retire. Froehling Anderson has helped him and many other clients do just that with our Minneapolis business succession and transition services.
If you are looking for a-ha moments on how to position your company for the future, our team is ready to help you understand what really affects the bottom line value and the critical players and structures that need to be in place now to protect and maximize everything you’ve built, including:
- Identifying the right business advisors
- Conducting internal training and mentoring
- Systematizing business processes that you’ve handled from memory
With Froehling Anderson, your business can transition smoothly.
Minneapolis Mergers and Acquisitions Services
The work doesn’t end once the merger or acquisition is announced. Froehling Anderson is experienced in both the technical tax matters to maximize transaction value and the identification of soft issues such as cultural fit, key employee matters, sales mix and other financial synergies to ensure the proper corporate match. Many of our team members have been in private industry and negotiated and executed successful M&A transactions and can help you:
- Conduct formal projections
- Perform due diligence engagements
- Advise you on financing options
Froehling Anderson’s mergers and acquisitions services will provide you with quick turnaround on the numbers. We aren’t afraid to advise you when the transaction doesn’t look like a good fit. Whatever you decide, we will support you through the process and assist with post-transactional issues.
Minneapolis Business Valuations Services
Establishing the worth of your closely held business is rarely a simple or easy process. Our Minneapolis business valuation services can help you confirm your company’s worth by setting values for all tangible and intangible assets. You may need a valuation if you are:
- Selling your business
- Creating a buy/sell agreement
- Estate and gift tax planning/other life changes
Froehling Anderson’s certified business valuation team also has experience in litigation support when business or shareholder values must be confirmed to settle a case.
Minneapolis Litigation Support Services
Working closely with attorneys, our Minneapolis litigation support services can help to advise you or your business on:
- Shareholder and client disputes
- Loss or injury of a shareholder
- Malpractice claims
- Calculations for property division, child support and maintenance in marital dissolutions
Since one of our tax partners is also an attorney, we have strong working knowledge of the legal protocols and timelines for communication and depositions.
Celemi Apples & Oranges®
Celemi Apples & Oranges® helps business leaders create a common vision throughout the organization and build a shared understanding of financial and management goals. Apples & Oranges is a one-day, interactive board game style simulation that not only teaches participants the basics of finance, but also enables them to truly internalize big-picture fundamentals such as cash-flow, inventory and sales.
Most importantly, they learn how various decisions and actions – including their own jobs – impact profitability. Contact us today to arrange a demonstration.
Minneapolis CFO For Hire Services
Because our leadership has had past experience as CFOs in both public and private companies, we understand the importance of the CFO position for strategic business decisions. Froehling Anderson’s Minneapolis CFO For Hire Services can help you achieve your corporate financial goal and mission.
Froehling Anderson can help you with your part-time, interim or project-based needs as well as support for your existing CFO. Our cost-efficient financial consultants will help you with:
- Overseeing treasury functions
- Controllership
- Creating a financial analysis of your capital structure
We’ll get you there.
Read Rick Wiethorn’s bio / Email Rick