The increasingly complex factors of competition in today’s economy have dramatic effects on the way organizations are structured and developed. Organizations that do not plan lose their ability to cope with change and that factor alone is often the determining factor in their continued success. Banks & Associates can analyze the development needs of your company and help you meet the challenges of today’s dynamic marketplace.

Annual Business Planning

This service is designed to help clients develop a planning process and a written business plan to direct their efforts or operations for a period of one year. Business planning is a key management tool to help an organization identify its future direction and how it intends to reach its objectives and goals.

Strategic Profit Planning

Because of our accounting background, we help clients look forward to the future, rather than just analyzing historical data. We are committed to helping our clients become even more profitable. Through workshops, interviews, and a complete assessment, we help your company identify opportunities to enhance your bottom line. By selecting the team of experts that have direct experience with your circumstances, we can offer you a complete solution.

Strategic Business Planning

Whether your company is a startup or a mature competitor dominating your market, the identification of key competitors, marketplace characteristics, key result areas, performance standards, cash flow forecasts, and capital needs is an absolute must in today’s business environment.

Services include:

• Mission and Vision Definition
• Competitive Position
• Future Opportunities and New Directions
• Strengths and Weaknesses of the Management Team
• Organizational Needs Assessment

.

Family-Owned and Closely-Held Business Counseling

Small businesses drive the heart of the US economy. Ninety-five percent of all U.S. businesses are family-owned and operated, but 70% of all family businesses fail to make the transition from first to second generation. We assist with:

• Succession planning
• Organizational structure
• Competence issues
• Communications
• Strategic direction
• Human resource planning