Reliance Mid-Size Business Accounting
When Reliance handles the numbers, you can focus on your company.
One of the unique benefits Reliance offers its mid-size clients is our extensive experience in accounting, tax and financial analysis for large corporations. The majority of CPA firms do not have actual experience in running a mid-size business. During his career as a CFO for a $120 million manufacturing company, Marty Staniszewski implemented (vs. consulted on) a number of financial projects that significantly improved financial performance such as:
Administered a $65 million sales transaction including:
- Negotiated an $8 million working capital adjustment
- Negotiated the Purchase Price and the key financial sections of the Asset Purchase Agreement
- Prepared the Confidential Information Memorandum and Synergy Analysis
- Provided and explained all historical and projected financial and sales information as part of the potential
- Assisted in developing a strategy and provided information to outside general counsel in order to complete the
Spun a company out of bankruptcy and took the company private
- Negotiated and obtained a $30 million Line of Credit
Project leader of the company-wide implementation of SAP software and a shop floor data collection system.
Restructured the company’s cost structure including: idling a high cost production line in Connecticut and transferring production to lower cost facilities; reducing freight cost by over 20% through an extensive logistics analysis and streamlining the procurement and material resource planning departments.
In summary, Reliance has the experience to help you improve your business’s profitability without the high overhead of larger accounting and consulting firms. Therefore, you will receive unbiased financial advice at a reasonable fee.
*Please see the CFO Services section for a summary of the written documents that Reliance will prepare (or assist you in preparing) in order for you to increase your company’s bottom line.
