Small Business Services

Running a successful small business in today's economy is tough. Running a successful small business in rural Nebraska is even more difficult. I know what you're facing!

For years, I've been helping entrepreneurs solve their business problems. This sometimes includes determining the feasibility of a new business venture, deciding whether or not to expand an existing business, determining a fair price for an ongoing business, or preparing a working business plan.

My proven experience helps you make better decisions. Let me assist you to make your business the best it can be. Please give me a call for assistance with any of the following:

· Pre-feasibility Studies

· Feasibility Studies

· Business Plans

· Business Valuations

· Financial Analysis

Pre-feasibility Studies

Pre-feasibility studies are complicated, but crucial. I can assist you with: surveying potential associates regarding their interest in a joint venture; running an organizational meeting of interested growers; discussing legal forms of business; appointing or electing a committee to make decisions for the group; and reporting findings back to the producer group.
Feasibility Studies

The correct time to do a feasibility study is after a committee determines the needs of the organization. If your producer group is not familiar with the process, a business consultant can guide you through it. A feasibility study will reveal important information such as realistic start-up costs and other unknowns. It will answer also questions such as:

(1) Where is the market for our product?

(2) Who are our customers?

(3) Can we capture any by-product value from processing?

(4) What will the overhead costs be to operate our own facility?

(5) How much revenue do we need to generate a break-even financial position?

A primary function of a feasibility study is to allow planners to state their ideas and research findings on paper, aiding in decision making before implementing them. In this way many pitfalls may be avoided.

Business Plans

The business plan contains additional, essential business elements that the feasibility does not. A business plan lays out a road map to follow for 3-5 years. Things can change along the way, but a business plan provides a guide. Contingencies are planned for while preparing a business plan so the business owner knows what cash flow is required to make the business work.

Business Valuations

There is a correct way to determine the value of a business. Gross sales or guessing what someone will pay for it cannot determine a business value. The correct method is looking at the bottom line after adjustments are made in the tax returns and financial statements. I can correctly determine the value of your business or of one you want to buy.

Financial Analysis

Financial analysis is the use of management tools to evaluate and direct your resources. This may include evaluating your business for efficiency and profitability. This analysis is then followed by implementation of a specific plan of action.

Back to Top