WorkForce Dynamics Consulting Gives Back

BAYNANZA - COASTAL CLEANUP

PartnerSHIP with the the Department of Regulatory and Economic Resources Division of Environmental Resources Management (DERM)  to coordinate 2 sites within the for the 2022 Baynanza (Biscayne Bay annual cleanup). 

COMMUNITY IMPROVEMENT - MATHESON WETLANDS PRESERVE  

Working with the City of Coral Gables (Mayor Vince Lago), Miami-Dade County Director of Public Works / Greenspace Management Division Deena Bell-Llewellyn, Dallas Hazelton, Preserve Manager - Natural Areas Management and Miami-Dade County Parks, Recreation and Open Spaces Department and Program Director of EEL (Environmentally Endangered Lands) Program, to coordinate a project that resulted in a major cleanup of Matheson Wetlands Preserve (mangroves bordering the community) as well as the planting of 25 mature native trees along the community swales. 

Transformation Training

Clean up bad habits

To support the power of your financials, try improving the effectiveness and timeliness of decision execution. Examples include better policies around expenses, AP/AR, backorders, payroll deductions, benefits, cash management and more. Equally important is understanding risks from past management habits and potential litigation due to omissions or transgressions. These should be found and dealt with before the selling process begins.

Celebrating a great cause with leading members of our community.

Among  us, FIU Embrace Director Nicole Atton, County Commissioner-District 8 Daniella Levine Cava and Citrus Health Networks Chief Medical Officer Dr. Jose Pagliery,   

South Florida business leaders gathered at the Business Journal’s Miami office to discuss present-day challenges, triumphs and what may lie ahead as part of 

Critical Conversations in Health Care. 

Critical Conversations is the Business Journal’s ongoing series examining key issues and HR trends in business.

Preparing your business for sale is a multi-step process. The emphasis is in maximizing the value. But before you sell, it’s important to create a “built to sell” strategy..

Large or small businesses alike, have to be ready for public eyes. The best approach is to gradually implement key changes that maximize an exit success. Basically, anything that increases operational efficiency or decreases risk should become a priority. 

Many companies don’t properly estimate the value of their intangible assets. If you don’t do this right,  you might be leaving money on the table when it comes time to exit the business or creating suspicion in the buyer’s eyes and endangering the transaction altogether.

Terms such as claw back, performance bonuses, and earnouts imply that the buyer needs extra assurance of your solvency. These assurances can include operational efficiency, processes, controls, routings, chains of command, compliance and several more, must be ready for display. 

Start with a functions review (for example a CFO, CTO, COO and CHRO) Understand current roles and responsibilities for each position against the CV. Yes, you will need to spotlight your people. Are you ready?

There are many variations, but all effective operational audits conducted by an outside consultant  have the following in common: they are independent, understand the exit process, understand compliance and omissions' risk, and can dig up potential due diligence issues before a buyer unleashes the due diligence team. 

Although it takes preparation to execute a successful sale transaction, the right consultant can save you thousands or even millions just by correcting gaps in key areas.  Many entrepreneurs miss opportunities to increase the value of their business because they were convinced they could do better avoiding these pre-due diligence activities. However, if a great offer comes along and you are not ready, can you afford to miss out?