ELI: Maximizing the Investment Value in Your BusinessName: ELI: Maximizing the Investment Value in Your BusinessDate: April 10, 2018Time: 8:30 AM - 4:30 PM EDTEvent Description:
As an engineering firm grows it requires more staff, and leaders are called upon to manage not just multiple projects and clients, but personnel issues, payroll, business management, and a host of business matters that most engineers did not study in school. The need for a more structured organization, short and long-term planning, and “principal-level” leaders also increases as the firm grows. In addition, the firm becomes a big part of the founders’ or key leaders’ net worth and owners need to receive a return on investment for their labor.
This session will help emerging leaders connect the dots between project management, business management, and investment management. Your firm is an “investment” and we will show you the metrics that you need to understand to guide your investment successfully. This one-day session starts with business management fundamentals - an operator’s crash course on essential accounting, financial and business practices. After showing you how to manage the triggers of success in your firm, we will show how the firm’s financial success relates to investment success. Your firm’s strategy plays a significant role in this. Eventual exit strategies will also be reviewed so that by the end of the session you will have learned what is needed to maximize the financial success of your firm and the ability to recoup that investment by either transferring internally to the next tier of leaders, employing an ESOP, or selling externally.
Colvin T. Matheson, CFA, is the founder and managing director of Matheson Financial Advisors Inc., a boutique corporate financial advisory firm focused on the A/E/C and environmental consulting industry, and government contracting market sectors. Matheson Financial Advisors provides client firms with business valuations, fairness opinions, strategic capitalization reviews, internal ownership transition consulting, ESOPs, equity incentive plans, and mergers and acquisitions (M&A) representation.
Matt Fultz, ASA is a Vice President with Matheson Advisors where he specializes in business valuations, ownership transition and succession planning, and mergers and acquisitions as part of exit strategies and strategic plans. He also conducts seminars on valuation and ownership transition planning for the design industry, as well as leading in-house educational presentations for firms nationwide. He has assisted clients with all facets of ownership transition planning including analyzing the financial makeup of the company, designing stock valuation formulae, testing the financial feasibility of various stock transition options, and making recommendations for the shareholder’s agreement.