Fix. Accelerate. Transition.
At Next is Now, we recognize that while your business is unique, at any time it is always positioned in one of these three areas depending on your individual circumstances:
- The business needs to be “fixed” in some way
- The business needs to be grown and value created
- The business owner is considering a business transition of some sort
In most cases, these needs and concerns overlap. They are not linear. This complexity and nuance requires broad experience and the ability to assess, prioritize, and execute a variety of solutions in an organized, holistic, and well communicated process.
Fix
Fixing is about stabilizing the business and addressing the issues that create pressure, confusion, or risk. The goal is to bring clarity to the situation quickly, identify what needs to change, create a practical path forward, and implement those improvements.
Accelerate
Accelerate focuses on increasing the speed at which targeted decisions are identified and implemented as well as creating growth in value. The work is focused on building momentum while always ensuring that operational and capital investments yield significant returns on investment.
Transition
Transition is about preparing the business and the business owner for what comes next. This does not mean that the business needs to be sold or transitioned today; it does mean however that the business should always be in a state of readiness should a transition become the right strategy. Transition planning is simply just good business planning.
The goal is to make the transition as clear, organized, and valuable as possible. Good preparation helps owners understand their options, reduce surprises, and move forward with a plan that supports both the business and their personal goals.
FIX
Turnaround
- Rapid Financial & Operational Assessments
- Financial Reporting
- Cashflow Analysis
- 13-week Cashflows & Projections
- Customer & Vendor Management
- Lender & Debt Management
- Crisis Management
- Understanding Options
- Bankruptcy & Restructuring Support
- Customer & Vendor Management
ACCELERATE
Fractional CFO
- Comprehensive Financial Statements Review
- Financial Statements Cleanup
- Detailed Cashflows & Projections
- Cashflow & Treasury
- Operational Reviews
- Process Improvement & Documentation
- Customer & Vendor Management
- Lender Negotiations
- SWOT Analysis
- Advisory Team Liaison
- Risk Management Assessments
- Quality of Earnings Analysis
TRANSITION
Business Transition & Exit Planning
- Business Attractiveness & Readiness Assessments
- Personal & Financial Readiness
Assessments - Business Valuations (*SA)
- Analysis Of Transitions/Exit Options
- Business Transition/Exit Plan Development
- Personal Transition Planning
- Assessment Of Advisory Team
- Sales Deck Creation
- Due Diligence Preparation
- Advanced Tax & Estate Planning (*SA)
Forensic Accounting
- Financial Discovery
- Scope Analysis
- Targeted Financial Analysis
- Quantification Analysis
- Advisory Team Strategic Support
- Litigation Support (if applicable)
Value Acceleration
- Management Team Development
- Succession Plans & Contingency Plans
- Systems Implementations
- Project Management
- Culture Improvements
- Strategic Introductions
- Buy Side Acquisitions & Due Diligence
- Marketing & Brand Development (*SA)
- Sales Team Support (*SA)
- HR & IT Support (*SA)
- Business Owner Conflict Resolution (*SA)
- Business Event Tax Analysis (*SA)
M&A Advisory
- Letter Of Intent Analysis
- Due Term Negotiations
- Transactional Support
- Deal Team Liaison
- Due Diligence Implementation
- Coordination with Investment Bankers
SA: Strategic Alliances with trusted and vetted advisors.