It's hard to succeed in making a better world if you're not managing the bottom line well. All your dedicated efforts will go to waste if you run out of cash or critical systems fail. Did you know that according to the US Bureau of Labor Statistics (2016), 50% of businesses fail within the first 5 years, 65% fail within the first 10 years, and 79% fail by year 20? How will your business beat these statistics and thrive, when most do not?
There are multiple reasons for businesses to close their doors, but some of the most common ones include:
To keep your business strong and growing, David Meyer offers the following services:
Align your cash, talent and assets with your company vision and mission to achieve your ultimate desired outcomes. Another very important factor is learning how to scale your systems to match the appropriate stage of your company's growth.
Affordable experienced financial guidance for purpose-based lean startups and mid-size businesses. Keep your focus on what you do best, and still see and understand your financial past and future for timely confident decision making and rapid growth.
"We can resolve nearly any tech issue, and if not, we will know someone who can in our resource network."
"David has assisted us to get very organized and to stream line our processes and systems. He has high integrity standards and I trust our financial statements and projections much more than I ever have in the past. He is great at high level 'what if' scenarios, presenting possible options, very detailed at what has to be done to achieve goals and follows up with implementation of proposals. He has recommended a number of cost cutting and revenue increasing ideas, and has been very sage counsel for greatly improving our business. David delivers promises on time. The results achieved in the last two years working with David speak for themselves:
Revenue increased 43%
Expenses decreased 18%
Net Income increased 117%
Needless to say we are very happy and would highly recommend David Meyer."~ Russ Mabardy, Mabardy Properties
"David has been a godsend. He transformed my level of visibility into cash flow and business health. David has learned the ins and outs of my businesses very rapidly as well as given me great advice to keep it healthier. He has also taken on accounting processes I do not enjoy; that has freed me up to generate more revenue and do a great job for clients. In addition to accounting, he helped me set up a new computer and work through that upheaval far more smoothly and quickly than I’d imagined. Even when I am feeling frustrated and crabby, David is always patient and professional. I recommend David very highly."~ Julie Fraser, Founder and President, Inyo Advisors, Inc
"It is with great pleasure that I will be able to share some of my work experience with David Meyer. I have known David since 2007. We worked closely together on several projects where his excellent skills in financial forecasting have allowed the company to realize various avenues of potential income. He has a strong work ethic and is very detail oriented. What I appreciate most about David is the fact that he is creative and thinks outside the box.
When I created my own company, I relied on David’s vision and forecasting. Once the market had changed for selling our product several years later, David, through his constant market analysis, was able to quickly realize the need to close the company. This has saved me a lot of money.
By hiring David Meyer into your organization, you will be miles ahead of the competition."~ Brigitte Stafford, Sierra Rescue Tools, Inc.
My clients have come from industries including Banking, Insurance, Manufacturing, Software, High Tech Hardware, Semiconductor, Logistics and Shipping, Meal Packaging, Hedge Funds, Computer and Web Security, Construction, Geographic Information Systems (GIS) Mapping, School Districts, City Government, Trade Schools, Accounting Firms, Consulting Firms, Environmental Cleanup, Public Utilities, Landscaping Wholesalers, Hollywood Entertainment, Internet Infrastructure, Waste Management and some multinationals.
This unusually broad consulting experience enables me to think way outside the box and to get results that no one in house would even imagine. For example, a well-known bank would never consider gambling theory in its management of paper check processing federal penalty deadlines. I ask, if you never pay a penalty, how do you know where the edge is? I developed a system that was designed to risk paying a penalty 1% of the time, which saved over $1 million dollars a year.
A school district was spending 30 hours a month on California sales tax compliance, and was still paying around $40,000 a year in non-compliance penalties. I automated the system, and reduced the time spent by staff to 30 minutes per month and eliminated the non-compliance penalties.
For a semiconductor, I significantly increased stock value by developing a “living” rolling forecasting system, with the goal of stabilizing financials, to meet Wall Street expectations in the very volatile semiconductor industry. The stock price went from 26 to 127 in 4 months.