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The recent
economic crunch is forcing us to take a deeper look into ways of
surviving this downturn in hopes of thriving in the future. As part of
our dedication and commitment to the industry, we have created unique,
one-of-a-kind Financial Power Tools to assist you with saving money in
this tough market.
Our
Contractor-Specific “Tool Box” is designed to uncover opportunities to
help your business survive today and thrive tomorrow. Somerset’s
Contractor-Specific Tool Box includes:
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- Surviving the Economic Downturn and
Retooling for the Recovery
- Contractor-Specific System of Performance
Measurement and Incentive Plan Design
- Cash Flow Projection Models for
Contractors (Balance Sheet, Income Statement, Statement of Cash
Flows, Backlog, Pipeline, Integrated)
- Proactive Right Sizing, Cost Management, Plans Under Various
Revenue, Margin, Profit and Cash Flow Assumptions
- Increase Productivity and Efficiency for a Higher Profit and
Increased Cash Flow
- How to Clean Up Your Balance Sheet and
Maximize Equity and Working Capital
- Ratio, Trend and Value Benchmarking
- 3M Assessment: Measure, Manage and Monitor Your Business
- 30-60-90-120 Day Cash Flow Risk Management in an Unstable Market
- Unique, Out-of-the-Box Contractor
Management Reports
- ROI, Ratios, Project Cash Flow, Overhead
- Use with Timberline, MAS 90, Forefront, Crystal Reports
- Corporate Overhead Rate Allocation Models: Dual vs. Single Rate
and Project Overhead Allocation
- High Quality, Competitively Priced
Compliance Work Designed to Boost Profit
- Proactive Tax Strategies
- Customer Product Profitability Analysis: Know Your Next
Profitable Customer/Industry Segments (Product and Service Line to
Leverage Future Growth and Profits)
- Business Transition and Succession
Planning
- Employee Benefit Trust Set Up for Use with
Prevailing Wage Projects
- Project Manager Impact on Profitability Training
- Budgeting/Cash Flow/Benchmarking
(Integrated)
- Construction Expertise Recognized by Sureties and Lenders
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