Strategic financial consulting engagements are when B&K takes on a more involved advisory role, working with the management team, being proactive, and advising on day-to-day business activities.
We work to identify the problem, solve the problem, install a team and/or process to make the solution sustainable. Then we move onto the next problem.
Consulting engagements are typically structured as an expected 5-20 billable hours of work per week, to achieve a desired outcome.
Strategic consulting engagements can last anywhere from a couple months to a couple years, based on the scope and evolution of the project.
Our Fractional COO offering allows companies to have a part-time COO to lead, oversee, and add accountability to their daily tasks. Sometimes, all it takes is an outsider to identify inefficiencies, hold employees accountable for their deadlines, and educate staff on best practices. We have exceptional project management skills and typically work on business model-oriented projects.
Many of our clients ask us to assist them in build budgets, projection models, and cash flow models. We spend time analyzing data, looking for waste and unnecessary expenses, to increase cash flow. We can partner with your, team, your accountants and your lawyers to harness their valuable insights. We can mentor your accounting & finance teams allowing them to implement many of these changes on their own.
Tribal knowledge fuels many businesses, however, organizations are moving towards being more data-driven. We partner with companies to identify the metrics that are important in running their daily business. We then enable faster analysis and tracking of the KPIs to understand historical performance and predict future projections. We work with team to gain buy-in and encourage using both tribal and data to drive better business decisions.
We offer a monthly retainer service so you have visibility into your monthly expenses.
We can bill by the hour so you only pay for what you need, when you need it.
In certain situations, we take equity to align incentives and participate in the long-term, upside value creation.