Outlook Business Services combine our capabilities across management consulting, technology and business process to provide flexible and scale-able end-to-end services. Business Services address the most pressing needs of our clients by industry and by enterprise function. Industry Business Services address the business and performance issues that are unique to a given industry. Function Business Services address issues and processes in specific enterprise functions, such as procurement or human resources, which are applicable across industries. Outlook Business Services span all three of our growth platforms—Strategy, Development, and Operations. Learn more about specific Outlook Business Services below.
Small Business Accounting
Our services include bank account reconciliations, general ledger adjustments, accounts receivable, accounts payable, and financial statement creation (i.e. income statement, balance sheet, statement of cash flows, retained earnings). We also provide forecasting and budgeting for your business.
We provide a full range of business development services including assistance with the start of a new venture, aiming at developing and implementing exponential growth opportunities, company expansions, and aquisitions and mergers. Our business development expertise will be your creation of long term value for your organization from customers, markets, and relationships. A Strategic Business development model is much more than a tool to obtain financing. If you still have all you plans and ideas locked up inside your head... preparing a strategic plan helps you clarify your company's direction, ensures your key leaders are all "on the same page", and keeps both management and staff focused on the tasks at hand.
We can help you setup and maintain your non-profit organization's tax-exempt status by handling all the IRS reporting for you.
Each year the IRS requires most tax-exempt organizations to submit the Form 990 and its relations, which includes the following items.
Income Statement with very specific revenue and expense categories like donations, salaries, postage, rent...
Balance Sheet with specific categories like cash, accounts receivable, accounts payable...
Functional Expense Statement with all the expenses allocated to either program services, fundraising, or operations.
Individual Program Expense Statement that reports all of the expenses for each program or service like seminar programs or educational mailings.
Revenue Support Schedules that detail the organization's sources of income in specific categories like charitable donations, membership fees, investment income.
The IRS uses these very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status. So it's imperative that you build your accounting system around these revenue and expense classifications.
Non- Profit Organizations
Cash Flow Management
A wise business owner once said, "Happiness is a positive cash flow." As a business owner, I'm sure you agree. Everything is better when your cash-in exceeds your cash-out.
A cash crisis can be emotionally devastating and it can even kill your business. If you've ever had to beg, borrow and steal to cover tomorrows payroll you know what I mean.
Our cash management service allows you to...
know when, where, and how your cash needs will occur.
know what the best sources are for meeting your additional cash needs.
be prepared to meet these needs when they occur, by keeping good relationships with bankers and other creditors.
The starting point for avoiding a cash crisis is allowing us to develop a cash flow projection for you. We can help you develop both short-term (weekly, monthly) cash flow projections to help you manage daily cash, and long-term (annual, 3-5 year) cash flow projections to help you develop the necessary capital strategy to meet your business needs.
We also prepare historical cash flow statements to help you gain an understanding about where all the money went.