Value Added Professional Services:
Strategic Business Solutions provides CFO professional services to family-owned businesses to improve corporate governance, increase shareholder value, and reduce operating risk. Edward B. Lasak has the professional credentials to participate on company boards of directors and advisory boards meets the requirements of ESOP Trustees. Moreover, Ed quarterbacks strategic planning, value building, and business transition strategies. Ed is an experienced, licensed, four-star CFO who has 35 years of operating experience. Professional services provided include:
- CFO, COO, and Treasurer Services.
- Outside Board of Directors Roles for ESOP Companies.
- Board Advisory Roles for Family-Owned Businesses.
- Quarterbacking M&A Opportunities and Partnerships.
- Quarterbacking Strategic Planning, Value-Building, & Transition Strategies.
- Risk Management.
- Internal Business Valuations.
- Financial Management Development.
- Preparing Businesses for Sale.
- Succession Planning.
- Industry Benchmarking.
The Ideal Client:
Our business approach encourages a “win-win” partnership with clients. We are most interested in working with business owners, CEOs, and executive teams that have a strong desire and/or owner’s mandate to increase shareholder value and reduce operating risk. We will add the greatest value when working in partnership with ownership and executive teams who are open to exploring new ways of doing business and adopting new and improved operating strategies to create shareholder value. In partnership with clients, we collectively produce a dynamic synergistic effect in creating value and reducing risk.
Do You Know What Your Business Is Worth?
The first step for creating shareholder value is to fully understand what your business is worth today, as-is. With that understanding comes an opportunity to incorporate high potential value-building drivers that will increase appraised value through optimized cash flows, reduced operating risk, and improved sales multiples. We use a methodology of eight value drivers, referred to as the value-building wheel, for creating value.
Our Business Proposition:
Our business model is simple: we succeed in providing professional services only when we increase shareholder value and reduce risk. Although businesses vary by industry, our typical goal over a five-year strategic plan is to double revenue, increase cash flow fivefold, and improve the sales multiple by 50%. We also deploy strong risk management programs to protect assets and reduce risk.
We start with strategic plan with meaningful value-building strategies and meet monthly to track performance and accountability. Our process rewards management for measurable results that increase shareholder value. We reassess/reforecast the strategic plan milestones and targets so there is a process of full alignment and accountability. With our professional services, we use a process of eight value drivers for increasing company valuations. These value drivers were developed after 35 of experience in key leadership positions.
Schedule a meeting with Ed to discuss a performance plan that best suits your company.