Sentinel Business and Financial Management Services
Family owned businesses are often very entrepreneurial by nature and the founder of the business manages very hands on. As the business progresses along its life cycle the owner’s strength, whether it be in marketing, administration, production or finance starts dominating at the expense of the other disciplines.
This results in a very viable company with a good product or service starting to show signs of strain in customer service, drop in turnover, margins coming under pressure, overheads getting out of control, profitability declining (or even turning into a loss), high staff turnover to name the more important.
The owner needs a friendly co-pilot to plan the business’s future and extend its life cycle into a new renewal phase. This might involve any one or more of the following services:
- Strategic and Business Planning and Implementation
- Budgeting and Financial Forecasting
- Business Feasibility Studies.
- Business Valuation
- Internal Auditing
- Due Diligence Investigations
Business Services