Managing The Financial Health Of A Services Business (Wasserteil)

"Measuring and Managing the Financial Health of a Professional Services Business" Institute of Management Consultants Meeting ( September 12, 2005) Howard Wasserteil Principal Wasserteil Consulting, LLC

Purpose of Presentation ,[object Object],[object Object],[object Object]

Financial Terms to be Used ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

RMA Ratios ,[object Object],[object Object],[object Object],[object Object]

RMA Financial Ratio Benchmarks ,[object Object],[object Object],[object Object],[object Object],[object Object]

RMA Financial Ratio Benchmarks (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The “Z Score” ,[object Object],[object Object],[object Object]

It’s Not Just the P&L! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

It’s Not Just the P&L! (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Examples of What the B/S Tells You that the P&L (alone) does Not ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

How Understanding Financial Health Can Help You Better Serve Your Clients ,[object Object],[object Object],[object Object],[object Object],[object Object]

Managing Your Critical Numbers! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Managing Your Critical Numbers! (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Managing Your Critical Numbers! (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Using Key Metrics in the Budgeting Process for a Professional Service Firm ,[object Object],[object Object],[object Object],[object Object],[object Object]

Using Key Metrics in the Budgeting Process for a Professional Service Firm (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Using Key Metrics in the Budgeting Process for a Professional Service Firm (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object]

How “Managing Financial Health” Integrates w/ Two Prior IMC Presentations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Major Points (Recap) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Misc Points Re: Financial Health ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Misc Points Re: Financial Health (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Ignoring the Financial Side of your Business” (Inga Arendt) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Managing The Financial Health Of A Services Business (Wasserteil)

Recommended

Recommended

More Related Content

What's hot

What's hot (18)

Viewers also liked

Viewers also liked (11)

Similar to Managing The Financial Health Of A Services Business (Wasserteil)

Similar to Managing The Financial Health Of A Services Business (Wasserteil) (20)

Managing The Financial Health Of A Services Business (Wasserteil)