Fiscal Doctor

Dramatically Accelerate Correct Fiscal Leadership Decisions!

news

by

Are you starting to coast on past success?

Consider the Wall Street Journal article link below as a wake-up call about where your business may be getting a little too comfortable on past success. Granted you should pat yourself and your people on the back for what you did last quarter.

But if they still are basking in the pat on the back for last year, a wake-up call may be coming. Wonder if the competition one or two slots behind you is coasting? Or are they working harder to seize an opportunity to pass your business on the next turn?

When was the last time you conducted an offsite strategic workshop session, rolling budget update or just looked for the Million Dollar Blind Spot: Before it Finds You?

http://blogs.wsj.com/cfo/2015/10/07/earnings-growth-slowing-for-private-middle-market-companies/

 

risk assessment to uncover opportunities to accelerate and risk to minimize
risk assessment to uncover opportunities to accelerate and risk to minimize

by

Balance Between Rapid Growth and Profitability

My Sutter’s Creek pictures  finally gave me the idea to create the e-zine posted on Linkedin.  Which comments do you agree with, disagree with, or see a way to make money. 

How long can you talk about rapid profitable growth before someone thinks about the California Gold Rush and Sutter's Creek?
How long can you talk about rapid profitable growth before someone thinks about the California Gold Rush and Sutter’s Creek?

 

https://www.linkedin.com/pulse/rush-growth-profits-suffer-more-than-should-gary-w-patterson-?trk=prof-post

by

NEW C-SUITE BOOK CLUB RECOGNITION

 JEFFREY HAYZLETT ANNOUNCES GARY PATTERSON, THE FISCALDOCTOR® AS AN AUTHOR IN NEW C-SUITE BOOK CLUB

 New York, NY, : Jeffrey Hayzlett, former Fortune 100 CMO, bestselling author and Bloomberg TV host, announced Gary Patterson has been inducted into C-Suite Book Club, the premier source for the world’s leading business books for c-suite leaders, business executives, and celebrities.

Featuring premium content from top thought leaders, designed to increase knowledge, deepen understanding, and build skills to enhance readers’ personal and professional lives, Gary Patterson, the author of Million Dollar Blind Spots, has been selected as recommended reading in C-Suite Book Club.

In his extraordinary debut, Gary Patterson gives readers the opportunity to learn about how to find your million dollar blindspot, before it finds you (and you crash).

For more information, visit http://www.c-suitebookclub.com.

###

 About Jeffrey Hayzlett

Jeffrey Hayzlett is the Contributing Editor and Host of C-Suite with Jeffrey Hayzlett on Bloomberg Television. He is also host of the digital television show Mind Your Own Business on C-Suite TV.  Hayzlett is a global business celebrity, speaker, bestselling author, and Chairman of C-Suite Network, home of the world’s most powerful network of C-Suite leaders.  Connect with Hayzlett on Twitter, Facebook, LinkedIn, Google+ or email.

About C-Suite Book Club:

C-Suite Book Club is the premier source of the world’s leading business books for C-Suite leaders and business executives, featuring bestselling authors covering a range of topics, including sales, marketing, leadership, social media, finance, and management. C-Suite Book Club features premium content from top thought leaders, designed to increase knowledge, deepen understanding, and build skills to enhance readers’ personal and professional lives. Visit C-Suite Book Club online and follow them on Facebook and Twitter. C-Suite Book Club is part of C-Suite Network, the world’s most powerful network of C-Suite leaders.

About Gary W. Patterson

Mr. Patterson, the FiscalDoctor, has helped over 200 companies internationally in service, manufacturing, technology, construction and distribution. He has worked with SMB, the Fortune 500 and methodically helped 2 companies reach the coveted INC 500 list of fastest-growing private companies in America. Several companies reached 10 x compounded annual revenue growth. He was the European coordinator for a global supply chain re-engineering software application for a Fortune 500 company. Mr. Patterson has successfully negotiated over 25 mergers and acquisitions with a market value exceeding $390 million.

FiscalDoctor Inc. works with leaders to uncover million dollar holes to make the best business decisions and dramatically accelerate correct fiscal leadership decisions. This helps leaders gain control of their financial destinies and capitalize on hidden high return opportunities, while limiting their exposure to risk.

  • Key member of 2 successful INC 500 international companies growing rapidly profitably
  • Recently honored as published thought leader by the Financial Time’s ExecSense service
  • Served on 10,000 business growth initiative as Virtual National VBA

Visit his website at https://fiscaldoctor.com and “free” fiscal fitness test at https://fiscaldoctor.com/fiscal-quiz/ , or call 678-319-4739 for a free 10 minute consultation until May 15, 2015.

CONTACT INFORMATION

Media Contact:

John Lee

Account Executive, TallGrass PR

[email protected]

917.653.3444

by

Optimizing Resource Allocation Can Create Growth Opportunities in Business

Where Do You Have the Wrong People On Their Seat on Your Business Bus?

September 11, 2013 – Atlanta, GA – Gary W. Patterson, FiscalDoctor®, expert on profitable growth rapidly suggests business owners and leasers review existing resource allocations and prioritizations to create growth opportunities.

Each business has worthy goals for strong growth, high profits, and strategically applied use of existing resources. The limited availability of time, people, and money make allocation of resources critical to achieving the company’s objectives. The process of analysis and recommendation can be timely but with the assistance of a consulting or accounting firm, optimized resource allocation can create opportunities for growth and profitability.

Surveying and Data Collection

An accountant or consultant has access and time to conduct a survey of time allocations, labor and intellectual property resources, expense sources, and assets to determine exactly how the resources are being used. The work and time needed to properly gather the information for resource allocation decisions is far more than most decision makers can create in their day. The help of an accountant or consultant like Fiscal Doctor can ensure the data is collected and organized in a timely fashion. For an example, the surveys and data collection could result in a report of available man hours, assets unused, and detailed expense reporting.

Analysis and Projections

Continuing the example, the consultant may discover there are 250,000 available man hours and only 100,000 are contributing directly to revenue growth. The analysis and data is then used to make projections regarding potential implications of reallocating resources from one use to another and what affect that would have upon revenue, expenses, or profits. Analysis of the data creates information that leads to projections and ultimately a recommended decision.

Recommendation

It’s a common adage among business leaders that it is difficult to work on a business while working in a business. The accounting firm or consulting firm assisting with a resource study has the ability to spend not only the time but also give the outside perspective often needed to properly gather data, analyze the situation, and provide an unbiased recommendation for greater opportunities. To conclude the example, the consultant will offer the business’s decision makers the data and survey outcomes collected regarding the man hours that are not creating revenue and what the projected revenue might be if the resources are optimized, and finally a recommendation for how to optimize the company’s workforce to create a higher percentage of revenue generating man hours.

Businesses interested in reaching objectives and growing the company need only reach out to a consultant like Fiscal Doctor or even their current CPA firm for resource usage study, analysis, and recommendations for reallocation to optimize the current resources. The timely process can be overwhelming to an executive but to a consultant or accountant, the surveying and analysis is made easier by their access to software and unbiased approach streamlines the process and offers the executives just what they need– information and a recommendation to make a decision for greater growth and profitability.

About Fiscal Doctor

Fiscal Doctor, Gary W. Patterson, has more than 30 years of senior management experience with high growth technology, wireless, manufacturing and service companies. He has worked with more than 200 companies — from start-ups to Inc 500 to Fortune 500 — providing high level strategic guidance and expertise. Revenue growth, merger and acquisition negotiations, expense reduction, and resource optimization are a few of the ways Fiscal Doctor helps businesses improve financial health and overall success. A free fiscally fit quiz is available on the Fiscal Doctor website at https://fiscaldoctor.com/fiscal-quiz