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Mirrus Business Advisors (MBA)
provides a broad range of business consulting services and outsourced
support services. MBA has served both public and private companies.
While MBA has many large clients, its focus is on medium and small
entities as well as start-ups. The business segments in which these
entities are involved span the full spectrum, including retailers,
manufacturers, distributors, financial service companies and professional
service firms. One substantive area that has become of particular
focus for MBA is the business of law firms. | ||
| • Assessment • Strategic Planning • Finance • Technology |
• Human Resources • Marketing • Succession Planning • Start-Up Services |
• Outsourced Support Services • Meeting & Event Services |
| Assessment Through this service, MBA’s professionals perform a comprehensive review and analysis of an organization’s operations with the specific purpose of identifying opportunities for improving performance. They spend time with key players, both internally and externally, and quickly learn the processes and functions critical to the success of the organization. After identifying the problem areas and opportunities for improvement, MBA analyzes the situation and recommends specific plans. With their operational experience, MBA’s professionals effectively assist their clients in the implementation of these plans. Strategic Planning Strategic planning is a vital management process. If the organization is not aware of its strengths and weaknesses, its challenges and opportunities, it is difficult, if not impossible, to move forward. A successful planning process is tailored to fit the organization’s culture, to include all of the key players, both internal and external, and to respond appropriately to the plans and visions that emerge from the planning effort. MBA’s professionals first determine, with management, the appropriate participants. Written assignments, individual interviews and facilitated group meetings are used to ensure all necessary input is received. Next, the professionals work closely with the company’s participants to draft the organization’s mission statement, visions and goals. Finally, and most importantly, they facilitate the implementation of specifically adopted recommendations to ensure that the process has meaning for the organization’s future. Finance MBA’s professionals consult on a variety of financial issues including financial reporting, budgeting, implementation of systems and controls, benchmarking of financial performance, capital structure and development of business and financial plans. In addition, MBA can, through an affiliate, offer its clients traditional investment banking services covering mergers, acquisitions and divestitures, company valuations and capital formation. Technology As MBA’s professionals work in the various functional areas of an organization, they become keenly aware of the information needs of the entity. This experience almost always results in specific recommendations concerning automation and technology issues. In addition to their own professionals, MBA has partnered with several technology practices that can be utilized when their specialized services are needed. Human Resources MBA’s professionals are well-versed in all facets of human resources administration. They offer benefit design, salary administration, policy development (including employee handbooks) and other personnel-related services. In collaboration with the Facilitation & Training Program of The McCammon Group, MBA can also design training and coaching programs for human resource professionals. Marketing MBA’s experience includes working with clients in the strategic as well as tactical development of marketing and sales plans. In this work, the focus is on the development of strategies that allow clients to maximize their marketing and sales dollars and to achieve their revenue goals. Specialized sub-services, such as, advertising, public relations and graphic design, are provided through affiliated companies. Succession Planning Many businesses, particularly small, closely-held companies, have an immediate need for succession planning. These organizations typically do not have the management depth required to ensure their on-going continuity. MBA’s consultants assist in several ways with this very important issue. They help the business owner or organizational leader assess the skills and growth potential of the current members of their management team, including the identification of areas for additional training and education. They also assist their clients where necessary in filling key positions within the organization. Finally, MBA can facilitate analysis of financial issues and the development of buy-out strategies and mechanisms. Start-up Services MBA can provide specific help to start-ups. MBA’s professionals have been actively involved in the formation of new ventures, both from an operational standpoint and as private investors. These professionals serve on the boards of several recently-formed businesses and are intimately familiar with the challenges that start-up companies face. They assist their clients in the preparation of business plans and pro-forma financial statements. In addition, they help clients recruit management and, through our affiliates, assist in finding the necessary capital to get their venture off the ground. Outsourced Support Services Many companies cannot afford the expense of a full-time business manager or perhaps often key players such as financial control, technology or HR. Often the owner or some key person is one or more of these vital functions. This takes time away from the business, building a customer base, or otherwise addressing more important goals. Outsourcing administrative tasks to one of MBA’s experienced managers (finance, technology, HR) will assist a beginning or established business to spend more time tending to those items crucial to building the business while saving the expense of hiring a full time specialist. Mirrus Business Advisors can assist by providing a part-time or as-needed specialist to handle those needs. As the business grows and the need for a permanent full-time employee becomes appropriate, MBA can help find the right person. Meeting & Event Services |
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