Operational Improvements for
Maximum Effectiveness.

Operational effectiveness has a direct effect on how quickly and effectively companies can bring new products or services to market. It impacts profitability, market share and company sustainability. To maintain competitiveness, companies must be customer-focused and market-driven while improving their own operations.

Operational Excellence

At Kirsch, our approach to operational efficiency involves assessment of your people, processes and costs. We then define areas for your business to improve and develop a plan to achieve operational excellence. Key benefits derived by companies who we’ve helped include:

  • Increased productivity
  • Reduced inventory
  • Reduced setup time and response time
  • Improved quality control and reduction of non value-added costs
  • Significant cost savings that increase profits

Short and Long-term Cash Flow Planning

At Kirsch, we understand the importance of generating additional cash and taking action against negative cash flow. Understanding the cash flow will help you achieve your goals by know exactly how much money ...

At Kirsch, we understand the importance of generating additional cash and taking action against negative cash flow. Understanding the cash flow will help you achieve your goals by know exactly how much money your business should keep on hand at any given time and how much is available to grow your company. Key tasks we perform include:

  • Financial modeling
  • Development and monitoring of budgets
  • Banking Relationships
  • Capital Needs
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Accounting System Analysis & Design

An accounting system should give you answers to make decisions to run your business. Your accounting system should help you increase productivity, cut costs, and provide you...

An accounting system should give you answers to make decisions to run your business. Your accounting system should help you increase productivity, cut costs, and provide you with better information to make business decisions. Without the proper system, making decisions becomes a guessing game.

At Kirsch, we can assess your business requirements and design an accounting system that is a perfect fit for your organization. Our services can:

Outline your business requirements— A complete evaluation of your business by thoroughly analyzing such issues as: business size, industry specification, operational accounting processes, reporting, and costs.

Structure and design the system—We then help select an accounting system to best support your specific business needs. We will design a chart of accounts, vendors, and projects to provide efficient and effective operations and reporting. We will also document our design strategy and structure set-up procedures.

Deliver accounting expertise—We can provide all the expertise necessary to help you transition to and integrate the new system and processes your existing system or manual processes. We will help ease your accounting staff into the new system, ensuring that they understand the new processes and procedures. Finally, we’ll develop documentation to support internal controls.

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Job / Project Costing

In any industry, knowing your costs controls your profits. And for service-based businesses where time really does equal money, knowing or not knowing your costs is the difference between success and failure. Job costing is a means of...

In any industry, knowing your costs controls your profits. And for service-based businesses where time really does equal money, knowing or not knowing your costs is the difference between success and failure. Job costing is a means of measuring exactly how much it costs you to service your clients.

At Kirsch, we help you gain visibility of exactly where your costs are by improving the process of tracking expenses against the revenue produced by a job. The process, controls and costs associated with the design, development, build and delivery of a product will be reviewed to provide recommendations in two areas:

  • Improving and/or changing existing processes
  • Establishing a system for measuring cost / profitability in an ongoing basis

Our review can include a review of entire product lines, single projects, product costing or inventory analysis.

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Audit Services

An Audit is more than numbers and compliance. We work to improve your overall financial reporting process.

Kirsch CPA Group understands how important audited financial statements are...

An Audit is more than numbers and compliance. We work to improve your overall financial reporting process.

Kirsch CPA Group understands how important audited financial statements are to businesses, shareholders/owners, lenders, investors and other stakeholders.

Our approach is to first understand your business and the risks it faces, and then to focus our efforts where they matter most. We will determine the appropriate level of service you need – audited, review or complied financial statements. Gain peace of mind knowing you’ve met both compliance and business needs while bringing your organization closer to achieving its goals.

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CFO & Advisory Services

All organizations face complex, strategic business decisions. However, they may not emerge every day for small to medium-sized organizations, so a full-time controller or CFO may not be needed. Conversely, a CFO or controller may spend too much time performing...

All organizations face complex, strategic business decisions. However, they may not emerge every day for small to medium-sized organizations, so a full-time controller or CFO may not be needed. Conversely, a CFO or controller may spend too much time performing bookkeeping tasks for which they are overqualified.

At Kirsch, we provide outsourced CFO functions. We offer advisory services when complex business issues arise, matching each task with the most cost-effective skill set. We have the in-house expertise to provide the information to help our clients make informed, strategic business decisions. As your CFO, we will perform the service you need including:

  • Cash Flow Planning
  • Financial Modeling
  • Internal Control Review
  • Acquisition Planning

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Financial Modeling

Are you considering project finance, bidding for a project, evaluating acquisition target, carrying out monthly financial planning or conducting capital structure studies?

Financial modeling is a useful tool that allows business options and risks to be evaluated...

Are you considering project finance, bidding for a project, evaluating acquisition target, carrying out monthly financial planning or conducting capital structure studies?

Financial modeling is a useful tool that allows business options and risks to be evaluated in a cost-effective manner. By using a range of assumptions, you can identify solutions and understand the impact of using your resources to make the most effective business decision.

At Kirsch, we’ve helped create financial models for organizations of all sizes and types, including early stage companies, middle market enterprises, and large corporations. Over the past two decades, we have developed financial models for clients in most major industries.

We provide financial modeling expertise and the following services as needed by our clients:

Financial Modeling: We assist clients with developing financial models for raising capital and assessing new business opportunities, as well as for other internal and/or strategic purposes.

Pro Forma Financials: We create full financial projections, including Income Statements, Balance Sheets, and Cash Flow Statements.

Capital Formation Strategy: We assist with strategy to have the capital required, including determining the amount of capital to raise, the appropriate sources of capital, as well as an effective strategy for obtaining financing.

Financial Feasibility & Analysis: Our consultants can help you judge the financial feasibility of a business opportunity through feasibility studies and strategic market research services.

Business Valuation Analysis: We provide business valuation services for mergers, acquisitions, and public offerings, as well as other financial transaction.

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Key Indicator Reporting

You have ideas for making your business successful.But what actions should you take to bring your business closer to achieving those goals? Monitoring Key Performance Indicators (KPIs) is the key to bridging the gap between goals and results.

At Kirsch, we will first...

You have ideas for making your business successful.But what actions should you take to bring your business closer to achieving those goals? Monitoring Key Performance Indicators (KPIs) is the key to bridging the gap between goals and results.

At Kirsch, we will first work with you to determine which key performance action steps will produce the most results, thus, creating a road map to achieve your goals. Then we will use KPI reporting as a tool to monitor the progress toward achieving these objectives.

Over time you will be able to manage and predict your company’s financial performance by tracking the KPIs.

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Growth Strategies: How to Take Your Business to the Next Level

  • April 24, 2024
  • Kirsch CPA Group
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