Our team partners closely with your leaders throughout the turnaround process, implementing best practices to ensure short-term improvement and long-term sustainability. This approach allows continual confidence-building in the leadership and direction of the organization.
You can rely on Copper Bottom. As your strategic partner, we deliver more than recommendations—we create achievable strategies rooted in research, backed by analytics, and supported through execution. We work together to provide a clear, holistic vision for every stage of your organization’s evolution to sustainability.
When you work with Copper Bottom, we make it easy for you to understand our findings. You’ll never struggle with overly complicated, error-prone spreadsheets to orient your budgeting and forecasting. You won’t need outdated planning processes that require extensive administration and support. Copper Bottom provides purpose-driven budgeting and forecasting that can support the most complex planning requirements. We use the information we gather to get a better understanding of your business’ health so that we can help you plan for the future.
We ask critical questions throughout our financial evaluation that help guide our budgeting, planning, and forecasting advice.
Making your efforts more effective provides a clear path forward that alleviates financial uncertainty.
Streamlining this process can save you time, money, and headaches. It can also free up employee attention to work on tasks that result in better ROI for your company.
Overseeing programs with no emotional stake is a recipe for ambivalence and ultimate failure. You need leadership pulling in the same direction and committed to the action plan for success.
Running forecasts works great, but not when you present them after the information is out-of-date. Timely forecasts are vital to making good business decisions, and we’ll help you schedule them at the right intervals to achieve maximum effect.
Announcing a budget is great, but what does that mean for each department? Who has access to what levels of funding, and what’s considered non-essential spending? Without answering these questions, your budget will become a focal point of confusion instead of the roadmap it needs to be.
Weighing risk and reward is an integral part of business. But how you balance these two factors makes all the difference. We help you refine your planning processes to successfully navigate the future.
Copper Bottom is all about helping your organization succeed, both now and in the future. We help you refine your budgeting and forecasting to provide the data you need to make sound decisions that support growth.
Cash flow is the amount of cash and (cash equivalents), that your business generates or spends over a set time period. Cash on hand determines a company’s runway—the more cash on hand the more room your business has to maneuver and Copper Bottom is exceptional when it comes to analyzing your cash flow and determining your maneuverability, and your path forward.
Cash flow differs from profit. Cash flow refers to the money that flows in and out of your business. Profit, however, is the money you have after deducting your business expenses from overall revenue. As your partner in prosperity, we’ll ensure that you have the visibility required to understand your cash flow.
Copper Bottom increases your financial literacy so that key stakeholders completely understand cash sources and where your cash is going. Financial literacy is essential for maintaining a financially sustainable business. Most businesses can sustain a temporary period of negative cash flows, but can’t sustain negative cash flows long-term.
Depending on the size of your company, your financial situation, and your financial goals, reviewing and tracking various forms of cash flow may be very helpful in financial planning and preparing for future quarters, years, and even a potential downturn in sales or economic conditions.
Businesses challenged with the need for a turnaround usually are often a result of poor financial management that stretches an organization’s resources. Copper Bottom recognizes that these challenges usually have common themes, such as strategies that fail to deliver planned returns, poorly executed growth strategies, and overleverage throughout the organization.
Copper Bottom has the experience required to implement and educate sound financial management practices that enforce a clear plan and relentless execution, leading you to your turnaround state, future stability, and, once again, a thriving business. Our financial management support during the critical first 90 days of engagement with Copper Bottom is guided by these two most important questions:
Like any significant and complex problem, Copper Bottom takes the approach of breaking the issues down into individual tasks and focus. One of the most important elements of a successful turnaround is the speed at which you stop the bleeding. Our experience allows us to quickly develop a plan that is executed with a sense of urgency versus waiting for the perfect plan.