Financial consulting 

The company “Genesis Consulting International LLC” renders services of financial consulting, which includes financial planning and/or budgeting, analysis of expenses, controlling and business planning, and investment planning.

1. Organizing a budgeting system

The main idea realized by the budgeting system is a combination of centralized strategic planning on the level of enterprise and decentralization of operating management on the level of its subdivisions.

The budgeting system includes the following types of budgets:

·        budget of profits and losses

·        budget of cash flow

·        budget of operating activity

·        property budget

·        budget of the center of accounting

·        consolidated budget

·        strategic budget

·        operating budget

·        planning budget

·        actual (executed) budget

·        analytical (plan-fact-result) budget

2. The services in the context of the controlling concept

Our company renders services in organizing of the controlling concept at an enterprise. This will help to build the company’s work according to BSC (Balanced Score Card) concept.

3. The evaluation of expediency and efficiency of financial investments includes:

·        identification of an optimal type of business for investing money

·        analysis of financial and economic state of business (company)

·        definition of profitability and risk of investments

·        developing of recommendations

4. The evaluation of partners’ reliability and borrower’s solvency includes:

·        identification of a borrower or partner (juridical person)

·        analysis of financial and economic state of the borrower or the partner and definition of his credit rating

·        detection of possible credit risk factors

·        developing of recommendations

5. The optimization of financial activity of a company includes:

·        detection of problem spots in the company’s activity

·        analysis of financial and economic state of the enterprise

·        analysis of a corporate policy in the field of financing

·        analysis of the environment and potentials of the enterprise’s competing advantages for selection of its development strategy

·        planning of anti-crisis activities

·        restructuring of the enterprise

6. Complex financial sanitation of a company includes:

·        analysis of a structure and a corporate policy

·        analysis of financial and economic state of the object

·        analysis of the character and conditions of a particular stage of the process of financial sanitation (bankruptcy)

·        preparation of the plan of activities

·        conduction of the procedure of readjustment of the enterprise and the system of control of its execution

7. Expanded (factor) analysis of a company’s activity

The factor analysis is used to determine the causes of change of absolute and relative indexes, and also for calculation of the influence of these causes (factors) on the change of financial index.

The quality of a financial analysis depends on the applied method of financial statements and also the competence of the director who takes decisions.

On basis of the data of a current financial analysis, the development of the main indexes of financial and production plan is carried out, and only after this, on the basis of these data, the economic reference points of the enterprise perspective development are calculated. The efficiency of management solutions depends on with what quality the financial analysis was carried out, and the efficiency of the enterprise functioning depends on this. The tasks of analysis of financial state may vary depending on the goals of analysis the enterprise’s specific purposes. These tasks are solved on the basis of the research of dynamics of absolute and relative indexes with breakdown to the following main subdivisions of analysis of financial state of the enterprise:

Statement analysis

·        analysis of property and the sources of its accumulation

·        analysis of liquidity and leverage

·        analysis of financial stability

·        analysis of floating ability of circulating assets

·        analysis of cash flow

·        analysis of receivables and liabilities

·        analysis of use of capital

8. Composition of project’s business plan

Business plan is composed with the purpose of efficient business management and planning and is one of the main tools of business operation that define the efficiency of its functioning.

Under the market conditions and tough competition, an enterprise should be able to react quickly and appropriately to changes taking place in the outer world and inside the enterprise itself.

This is enabled by execution of some conditions:

Administration and investors evaluate correctly a real financial state of the enterprise and its place in the market.

There are particular goals the enterprise should try to achieve.

Every step to achieve these goals is planned and executed.

Administration of the enterprise and the investor understand the main point of the processes happening in the market, in the outer world and inside the organization itself.

Therefore, business plan is composed for internal and external purposes.

External purposes, for which the business plan is composed, are the statement of need for involvement of additional investments and borrowed funds, demonstration of possibilities the company has, and attraction of attention of the investors and the bank, persuading them that the project is efficient enough and the level of management of the enterprise is high. Each investor will want to evaluate the profitability of investing in the business and evaluate the proportion between the possibility of the project outcome and risk of investments. And the best way to do it is to study and analyze the business plan.

Business plan is the business card of the investment project.

In other words, the business plan answers the investor whether it is worth investing into the given investment project and on which conditions it will be the most efficient, with a permissible for the investor risk degree and accuracy of assumptions of the business plan.

The competently composed business plan of the investment project given to the bank is an obligatory condition of getting the bank credit. If the borrower does not have the business plan, this shows a low professional level of the enterprise administration and makes the getting of the credit impossible.

The internal purposes are much more important for the enterprise and business plan is composed for them.

The internal purposes include the test of knowledge of management personnel, the test of their understanding of business environment and the state of the enterprise in the market. The achievement of understanding of investor and administration of the enterprise of the strategic goals, characteristics, competition environment, weak and strong sides of the particular business project and its possible efficiency under the set conditions are very important.

Therefore, by composing the business plan, you will make the enterprise more controllable and you’ll be able to predict the situation in future.

9. Financial model of the enterprise activity

The company provides financial consulting with IT solutions in the context of financial consulting. This means the possibility of modernization of the existing information system or the selection of a new one in accordance with the new technologies of the enterprise’s functioning.