WE MATCH OUR SERVICES TO YOUR UNIQUE NEEDS

SERVICES

Our Services are tailored to strengthen the weak or missing cogs in your business – getting all cylinders firing at the right time with the right force to get you ready for sale.

BUSINESS ASSESSMENT &
MOCK DUE DILIGENCE
  • Creating data room 

  • Providing due diligence requests to Company

  • Conducting on site due diligence with Company

  • Analyzing and creating assessment deck

  • Recommendation readout on staging and sequencing for things that company should start doing / stop doing

  • Providing a POV on how the company stacks up vis a vis others.

Summerset will execute Due diligence on the Company including:

Providing an assessment on the current state of the business (from transaction perspective)

  • DD Best Practices / Templates / Checklists which can be adapted and leveraged as part of the process.

BUY SIDE DILLIGENCE

Summerset will either manage the process on your behalf or enhance your team with skilled executives. Summerset will provide:

ACQUISITION & INTEGRATION PLANNING SERVICES
  • Creating data room 

  • Providing due diligence requests to Company

  • Conducting on site due diligence with Company

  • Analyzing and creating assessment deck

  • Recommendation readout on staging and sequencing for things that company should start doing / stop doing

  • Providing a POV on how the company stacks up vis a vis others.

Summerset will develop Integration Plan, Operating Model, and execute to the degree requested by Company.

QUARTERLY REVIEWS
  • Evaluation of the current state of the business, product, technology, financials, etc… (all aspects) by:

  • Providing templates for effectively managing business and monitoring progress

  • Assist in implementing a series of processes as well as the supporting culture where department members and senior execs establish goals and report out quarterly.

  • Company will receive a write-up with recommended projects and external POV on who / what / when.

Summerset Partners managed multiple businesses over the years. As part of it we developed a cadence of monthly and quarterly reviews which kept the management team up to date on the sate of the business, gave others the opportunity to interact and ensured everyone knew how things were progressing. We formalized this process

Summerset will provide templates and manage four quarterly meetings where we provide the following:

OPERATING PLANS & FORECASTING
  • Summerset will provide templates and manage an op planning and forecasting process where we provide the following:

  • Developing a metrically driven financial model for the year

  • Providing templates for effectively managing business and monitoring progress and risks

  • Assist in implementing a series of processes as well as the supporting culture where department members and senior execs establish goals and report out quarterly.

We have found that many of the companies we assist do a good job with Accounting but don't really have a Finance organization. In a recent discussion Joe asked about plans for 2020 and got a rather strange look. Came to find out that the company never did operating plans and forecasts, never handed down budgets to managers, etc... 

Clock%25252520Gears_edited_edited_edited

“Disengaged employees cost U.S. companies up to $550 billion a year”

Joint study by The Conference Board, Sirota-Mercer, Deloitte, ROI, The Culture Works and Consulting LLP

CASH FLOW OPTIMIZATION

We know the winning processes to optimizing cashflow. Our team has accumulated decades of HANDS ON experience working for various business units at ADP then subsequently at CDK. Every business that was started, acquired and/or inherited underwent a stringent mandatory vetting process that included:

  • Motivating, Developing and Training People

  • Top Line Growth

  • Expense Management

  • Executive Management

MOTIVATING, DEVELOPING
& TRAINING PEOPLE
  • Implementing new performance-based compensation to a larger part of the organization

  • Training key managers on their department KPI's and hold them accountable with performance-based compensation

  • Developing plans to publish, monitor and celebrate successes for executing against the strategic and financial plan

  • Implementing surveys to take pulse of culture, provide recommendations and an implementation plan

  • Reviewing talent acquisition strategies and make recommendations on how to bolster the talent level in the organization

  • Creating and implementing retention strategy for key leaders in the business

  • Creating development plans on what it will take to get promoted to foster a culture of continuous improvement

EXPENSE MANAGEMENT
  • Fixed versus variable labor - optimizing workforce by evaluating where PT labor or offshore labor can replace FT domestic personnel

  • Evaluating return on invested time for each product area of business line and provide recommendations

  • Evaluating where outsourcing is possible and help with execution plan

  • Evaluating organization structure to maximize efficiency and help with execution plan

  • Stress testing the impact of workforce reductions to the company's bottom line and provide recommendations

  • Assisting with re-negotiating fees where possible with top 10 vendors

  • Evaluating technology strategy and spending and recommendations to maximize business objectives while minimizing cost

  • Reviewing inventory management strategy and make any recommendations

  • For revenue producing functions, analyzing and making recommendations to minimize time spent on non-revenue activities

TOP LINE GROWTH
  • Conducting pricing analysis to determine how pricing can maximize profitability and provide plan of action to implement

  • Creating simulation of scenarios for bundling and providing set of recommendations and execution strategies

  • Reviewing and providing recommendations of marketing and sales strategy

  • Providing a strategic assessment of each product to determine fit and growth prospects and providing recommended plan of action

  • Creating a list of expansion opportunities via other geographies, other product lines, etc. and providing implementation plan

  • Creating a list of companies you would consider acquiring if you were in acquisition mode and put plan in place for future execution

  • Evaluating why you don't win prospects and why you lose existing clients

EXECUTIVE MANAGEMENT

Summerset will provide templates and manage four quarterly meetings where we provide the following:

  • Evaluating the current state of the business, product, technology, financials, etc… (all aspects) by:

  • Providing templates for effectively managing business and monitoring progress

  • Assisting in implementing a series of processes as well as the supporting culture where department members and senior execs establish goals and report out quarterl

 

Summerset will provide templates and manage an op planning and forecasting process where we provide the following:

  • Developing a metrically driven financial model for the year

  • Providing templates for effectively managing business and monitoring progress and risk

  • Assisting in implementing a series of processes as well as the supporting culture where department members and senior execs establish goals and report out quarterly