Services
Majjag CFO Consulting Services offers a wide range of financial services for our clients. Whether your company needs help managing finances, strategic planning, forecasting, improving processes and procedures, or all areas of finance, we can help!
Strategic Planning
With over 20 years of experience with large publicly traded companies and private equity backed companies, Majjag CFO Consulting has the creativity and expertise to help your company plan for organic growth, acquisition, or restructure.
Examples of engagements include:
· 5-year strategic plan for $20 million automotive parts manufacturer that considered acquisitions, greenfields, and sales force investment
· 5-year strategic plan for $2 million professional service company providing timing steps to add salesforce to double revenue
· Strategic plan to consolidate 4 North American manufacturing plants to 2 plants for a $50 million dollar rubber manufacturer
· Strategic plan to launch greenfield in Europe for $150 million auto manufacturer
· 5-year strategic plan to double revenue of construction company in 3 years with sales investment and acquisition timing
Forecasting
Majjag CFO Consulting Services has earned expertise in forecasting by working for publicly traded companies and private equity back companies that have a reputation of not missing forecasts. The key is to understand the right level of detail and create a model that mimics real life results. Examples of forecast projects include:
· Daily/Weekly cash forecast for $150 million professional services company with breakeven EBITDA for 24 months. Client did not miss a payroll or bank payment during the 24 month period.
· Monthly revenue and EBITDA forecasts for $150 million plastics manufacturer which recovered from budget deficit in the first quarter to achieving budget by end of year
· Bottoms-up annual budget for a $150 million manufacturer based on sku sales and standard costs, which the was used to track manufacturing performance weekly.
· Weekly cash forecast for $5 million distributor to avoid layoffs during Covid-19, fund a new business spin-off, and purchase inventory for Covid-19 recovery.
Process Improvement
Majjag CFO Consulting Services has experience from best in class companies related to team building, succession planning of talent, accounting process and procedure, financial reporting and analytics, and tech stack innovations. Majjag can eliminate bottle necks, manual processes, and inefficiency:
· Reduction of month end close to 5 days for both a construction company and a professional service company which previously closed the books in 20 days.
· ERP implementations for companies outgrowing QuickBooks moving to ERP systems that automated accounting processes and digital imaging of documents
· Payroll service provider implementations to new providers that were better culture fits for companies
· Implementations of credit card programs, expense reporting applications, inventory tracking systems, construction field data collection applications, and accounts receivable collection tools.
Financial Partnership
Small business owners have many things on their plates. A fractional CFO can take focus off back office management and financial functions so small business owners can emphasize focus on achieving company goals. Majjag CFO Consulting services will set guardrails to stay on track and provide data dashboards for efficient decision making. Areas where Majjag can provide partnership:
· Ability to be a sounding board on sales, operations, threats, opportunities
· Ability to coach non-financial leaders to understand financial reports and terminology
· Ability to advise leadership teams about financial reports and variances from prior years, forecasts, or budgets
· Ability to create presentations for investors or BOD
· Ability to analyze team and make recommendations that support future talent plans
· Relationships with banks, lawyers, insurance brokers, accounting firms and professional networks
Contact us.
Majjag offers CFO services and financial subject matter experts when business needs arise. Majjag specializes in fractional CFO roles, monthly advisory, or one time projects to help your business achieve its goals.
Majjag is here for you and you’re company’s needs. Our services include Small Business Financial Consulting, Small Business CFO Management, Small Business Financial Advisor, Medium to Large Size Company CFO Consulting Services, Financial Advising, and more! Put your trust in a locally owned and operated CFO!