CBS Reviews: Our Fourth Time Using Your Services
By 
Situation
Corporate Business Solutions’ services were provided multiple times to utility contractors who have served their industry for nearly fifteen years. The client’s latest consultation was focused upon management training with emphasis on the financial side of the business.
Process
“The first consultation had a lot of information given that we were not yet ready to grasp. The company valuation was performed and tax strategies provided.
The second visit was very beneficial with QuickBooks being organized and the entities straighten out.
During the third visit, we able to obtain a line of credit for our business with the bank, have incentive plans put in place for employees (which didn’t work, like we wanted), a budget set-up (that we outgrew quickly) and had a person trained in a new office position to run reports.
This fourth visit was focused only upon myself—learning AND understanding the numbers as well as working ‘on’ the company, not ‘in’ the company. I learned not only the meaning of break-even, but also to fully understand what it is and its importance. I have also learned what to look for in the P/L and how to conduct a ‘sniff’ test to make sure that everything looks right.
Our CBS consultant was very ‘hands-on.’ He listened to me about our goal of how we’d like to ‘bonus’ our employees and really took it to heart. He didn’t push any certain incentive plan, but heard what I had to say and then taught me how to develop an incentive plan using Excel. He walked me through the thinking process involved and taught me how to create the spreadsheet, myself, while he was at my side.
We worked together very well, even when I had moments of self-frustration. He would let me have my breakdowns and he would get right back to business, as soon as I felt better. He would also go over things, again, after a couple days, to make certain that I completely understood it and he would reiterate it, if I didn’t.”
Additional projects included Transactional Tax Planning.
Result
“I’d like to express my complete satisfaction with the CBS services provided. I am very pleased with the outcome of this engagement.” Aaron and Ashlie, Owners.