BUSINESS ACCOUNTING SOLUTIONS


Home  |  Services  |  Survey  |  Principals  |  Contact Us  |  Resources  |  Tell A Friend

 

Assessing Your Company's Needs

 

Is your business positioned to optimize profits, growth and value?  The items included in each survey represent sound business practices to enhance the success and value of your business.  We encourage you to complete the following surveys:

 

BUSINESS PLANNING

CONTRACT ACCOUNTING

WEB SITE DEVELOPMENT

BUDGETING

VALUATION

FINANCIAL MODELING

 


 

BUSINESS PLANNING SURVEY

Complete the following survey to identify opportunities to improve the operating results of your business through better planning:

 

  1. Do you have a written Business Plan that serves as a guide in running your business?

    Yes No

  2. Does your business have a Mission Statement, setting forth the purpose for its' existence?

    Yes No

  3. Have clearly defined short-term and long-term goals been established for your business?

    Yes No

  4. Have responsibilities, with appropriate authority, for completing the tasks required to achieve your company's goals been assigned to specific individuals?

    Yes No

  5. Have financial projections been prepared reflecting the tasks and action plans required to meet your company's goals?

Yes No

Please provide the following contact information:

Name
Title
Organization
Work Phone
E-mail
Comments/Questions


Webmaster:  Allison Touchette
Copyright 1999 [Business Accounting Solutions]. All rights reserved.
Revised: October 02, 2003

 

Survey Results:  "No" answers represent opportunities to improve the profits, growth and value of your business.

Take Action:  If you answered "No" to any of the survey questions, we can help you.  Please submit your completed survey, or contact us.  We will be pleased to discuss exactly how you can eliminate these deficiencies and improve your business.

Learn more about our Business Planning Services.

(Top of Page)

 

 


 

BUDGETING SURVEY

Complete the following survey to identify opportunities to improve the operating results of your business through budgeting:

 

  1. Does your business have detailed monthly budgets?

    Yes No

  2. Is there a detailed budget for each department with responsibilities and authorities clearly designated?

    Yes No

  3. Were individual departmental budgets prepared from the bottom up?

    Yes No

  4. Have you prepared budgets for operations, capital expenditures, and cash flow?

    Yes No

  5. Is a budgeting system in place providing for variance analysis and corrective action?

Yes No

Please provide the following contact information:

Name
Title
Organization
Work Phone
E-mail


Webmaster:  Allison Touchette
Copyright 1999 [Business Accounting Solutions]. All rights reserved.
Revised: October 02, 2003

 

Survey Results:  "No" answers represent opportunities to improve the profits, growth and value of your business.

Take Action:  If you answered "No" to any of the survey questions, we can help you.  Submit your completed survey, or contact us.  We will be pleased to discuss exactly how you can eliminate these deficiencies and improve your business.

Learn more about our Budgeting Services.

(Top of Page)

 

 


 

CONTRACT ACCOUNTING SURVEY

Complete the following survey to identify opportunities to improve the operating results of your business through outsourcing some, or all, of your general accounting functions:

 

  1. Is management devoting sufficient time and energy to the strategic matters of your business (i.e. not getting bogged down with finance and accounting issues)?

    Yes No

  2. Are you able to attract and retain quality accounting staff?

    Yes No

  3. Is your accounting/finance department using up-to-date computer equipment and software, capable of providing you with the information needed to optimize your decision making process?

    Yes No

  4. Are you satisfied with the quality, quantity, timeliness and expertise of your accounting/finance function?

    Yes No

  5. Is your accounting/finance staff able to provide adequate support to your special projects needs, such as strategic planning, acquisition, dispositions, plant closings, etc?

Yes No

Please provide the following contact information:

Name
Title
Organization
Work Phone
E-mail


Webmaster:  Allison Touchette
Copyright 1999 [Business Accounting Solutions]. All rights reserved.
Revised: October 02, 2003

 

Survey Results:  "No" answers represent opportunities to improve the profits, growth and value of your business.

Take Action:  If you answered "No" to any of the survey questions, we can help you.  Submit your completed survey, or contact us.  We will be pleased to discuss exactly how we can assist you with your general accounting needs.

Learn more about our Contract Accounting Services.

(Top of Page)

 

 


 

FINANCIAL MODELING SURVEY

Complete the following survey to identify opportunities to improve your decision making process and the operating results of your business through financial modeling:

 

  1. In complex decision making situations, such as (a) add or discontinue a product line, (b) expand or reduce market area, (c) buy or sell operating units (d) choose between alternatives, do you use financial modeling?

    Yes No

  2. Do you have the technology (i.e. computer hardware and software) essential to complex financial modeling?

    Yes No

  3. Do you or your staff have the time and expertise to develop computerized financial models that would allow you to modify variables, providing the affects of the many "what-if" scenarios?

    Yes No

  4. Do you or your staff have the time and expertise to research industry, economic, and competitive data essential to responsible analysis of business alternatives, and to incorporate same into your financial model?

    Yes No

  5. Have you analyzed the current market position of your business, relative to your competition and the industry, especially in view of the dramatic explosion of the Internet?

Yes No

Please provide the following contact information:

Name
Title
Organization
Work Phone
E-mail


Webmaster:  Allison Touchette
Copyright 1999 [Business Accounting Solutions]. All rights reserved.
Revised: October 02, 2003

 

Survey Results:  "No" answers represent opportunities to improve the profits, growth and value of your business.

Take Action:  If you answered "No" to any of the survey questions, we can help you.  Submit your completed survey, or contact us.  We will be pleased to discuss exactly how you can improve your decision making process.

Learn more about our Financial Modeling Services.

(Top of Page)

 

 


 

VALUATION SURVEY

Our Valuation Services are normally provided to clients through an intermediary.  This survey is intended for the attorneys, accountants, insurance professionals, financial planners, stockbrokers, commercial bankers, investment bankers, amount others, who advise and serve their clients:

 

  1. In general, do you understand how the definition of value, purpose of a valuation, and the type of ownership interest will affect the selection of the valuation methods to be used in valuing a business interest?

    Yes No

  2. With regards to the valuation of a business interest, are you familiar with the authority and the implications of the Uniform Standards of Professional Appraisal Practice, promulgated by the appraisal Foundation, and Revenue Ruling 59-60, issued by the Internal Revenue Service?

    Yes No

  3. Regarding the use of "Rules of Thumb" formulas, are you familiar with the serious limitations and the fundamental reasons why this should never be a primary method of valuing a business interest?

    Yes No

  4. In valuation situations involving the purchase, sale or merger of a closely held business, are you familiar with the differences between Fair Market Value, Investment Value and Liquidation Value, and with the basis for application in a given situation?

    Yes No

  5. In valuation situations that may be challenged by an opposing party, such as those involving the Internal Revenue Service, divorce, or other litigation, are you familiar with the basic requirements to properly support the valuation conclusions and the application of accepted valuation principles?

Yes No

Please provide the following contact information:

Name
Title
Organization
Work Phone
E-mail


Webmaster:  Allison Touchette
Copyright 1999 [Business Accounting Solutions]. All rights reserved.
Revised: October 02, 2003

 

Survey Results:  "No" answers represent opportunities for you to improve your basic understanding in this area enabling you to better advise your clients on matters of valuation.

Take Action:  If you answered "No" to any of the survey questions, we can help you.  Submit your completed survey, or contact us.  We will be pleased to discuss exactly how you can take steps to improve your support and documentation in situations requiring valuation.

Learn more about our Valuation Services.

(Top of Page)

 

 


 

WEB SITE DEVELOPMENT SURVEY

Complete the following survey to identify opportunities to improve the operating results of your business by having your own Web site:

 

  1. In this highly competitive age of the Internet and Web sites, does your business have it's own Web site?

    Yes No

  2. Have you determined whether or not a Web site is right for your business?

    Yes No

  3. Have you determined how customer service could be improved through your own web site?

    Yes No

  4. Have you determined how your marketing and advertising program could become more efficient and cost effective through your own Web site?

    Yes No

  5. Have you determined whether or not selling on the Web would improve the profits of your business?

Yes No

Please provide the following contact information:

Name
Title
Organization
Work Phone
E-mail


Webmaster:  Allison Touchette
Copyright 1999 [Business Accounting Solutions]. All rights reserved.
Revised: October 02, 2003

 

Survey Results:  "No" answers represent opportunities to improve the profits, growth and value of your business.

Take Action:  If you answered "No" to any of the survey questions, we can help you.  Submit your completed survey, or contact us.  we will be pleased to discuss exactly how you can take steps to improve your business through the use of your own Web site.

Learn more about our Web Site Development Services.

(Top of Page)

 


Business Planning  |  Web Site Development  |  Accounting  |  Budgeting  |  Financial Modeling  |  Valuation

(413) 533-6011          (413) 530-07350